All Eyes Are On Powell Friday

August 20, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The Fed Chairman will speak at the Jackson Hole economic symposium and traders expect dovish comments.

PRE-OPEN MARKET COMMENTS TUESDAY - The market sold off 10% and it has recovered most of those losses all in the same month. During the drop the volume was heavy and during the bounce the volume has been light. This level of volatility is a sign that buyers and sellers are active.

Daily Bulletin Continues...

Want Full Access?

Become a Member

Start Free Trial

No credit card required.

Share

Previous Bulletin

August 19, 2024

Next Bulletin

August 21, 2024
Top