Markets Bide Their Time Before Powell’s Speech
After a monstrous rally, markets settled down today, with Powell’s speech at Jackson Hole on Friday a focal point.
list of daily videos
After a monstrous rally, markets settled down today, with Powell’s speech at Jackson Hole on Friday a focal point.
NVDA continues to lead the market higher, and as it’s in such close proximity to new highs, Danielle doesn’t think it’s done yet! Check out the video for her upside targets, along with options trade ideas, including butterflies and calls.
The S&P 500 continues to telegraph its intentions with the way it moves between Voodoo Lines levels. Let’s review why it’s suggesting still higher and what we need to see to continue those expectations.
As the carry trade unwind concern fades to the background and indices have rallied significantly, what is now bullish and what has lagged?
Bulls were in charge for the majority of this week and that could carry over into Monday. This is what Henry is watching for the potential to get short.
Setups aligned for new ATH in the indexes, barring some exogenous event, so let’s review the setups and the rationale.
Henry doesn’t know when, and he doesn’t know what pattern, but these two observations has him thinking stock indexes could be looking for new best prices.
Traders bid up markets as worries about the Nikkei and the U.S. economy are put in the rearview mirror, for now.
In this video, Bruce discusses the crazy market roller coaster we have had lately and what to make of it. Yesterday, we got the latest PPI data and today we had CPI data, but after the announcements, we did not get the clarity we hoped for and are still wondering what the FED will do at the next meeting in September. Bruce goes over the charts of the indices and talks about the most likely scenarios. Lastly, he talks about how to be proactive and protect your portfolio for these big, unexpected events.
In this update, Raghee follows up on the S&P trading setup that can apply to S&P futures, SPY calls and puts, and SPX calls and puts, using automated zones for entries and targets.