The Stock Market Will Be Insane Tomorrow
The market fell off of a cliff today ahead of the Jackson Hole Symposium. The Jackson Hole event has always been important. Many fed members from multiple countries will be in attendance. Anytime Powell speaks (like he will tomorrow), it's always important to listen. He has a massive influence on the market and economy. Nvidia turned around following their move to the upside on earnings yesterday. With so many stocks falling down recently, it's no surprise that active managers have been selling. We go over an excellent chart showing just that. We also saw that Dollar Tree had begun doing something strange that caught our eyes. It shows the lengths people will go to when the economy gets bad. Comment below how you feel about Powell and the Jackson Hole event tomorrow. Do you think the market continue dropping like this? Also, watch until the end to see the awesome plays we have for tomorrow!!
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