Whole Foods Growth Cool in Fiscal 3Q, Stock Falls

http://www.foxbusiness.com/markets/2015/07/29/whole-foods-growth-cool-in-third-quarter-stock-falls-1293455449/?intcmp=bigtopmarketfeaturesside

Required Reading Of The Day

Wall Street Ends Higher After Fed Statement – Fox Business

Fed, Citing Jobs, Stays on Track to Raise Rates – WSJ

Inside a Wall Street-Backed Vertical Farm – WSJ

Facebook Revenue Up 39% – WSJ

Officials Probe Plane Debris From Indian Ocean – WSJ

Another corrupt politician!

They have become experts at creating charities and using those charities to make themselves righteous bucks!

SOURCE: http://www.npr.org/sections/thetwo-way/2015/07/29/427426046/rep-chaka-fattah-sr-of-philadelphia-indicted-on-corruption-charges

 

Fed Day…Blah Blah Blah!

We had an inkling market was oversold and due to bounce. Good bounce led by the worst of areas but good to see biotechs hold vital support while the s&p held the vital 200 day moving average. It is also good to see the transports have a strong day. But today is fed day…which means blah blah blah…maybe, possibly, could be. If the fed does raise rates, mind you, it is just 0-1/4 percent to 1/4 percent which is about as meaningful as a NY Knicks bet on getting to the playoffs. So…blah blah blah!