Jul 31 in General Discussion
FOMC
Good luck everyone today. Powell will give us a clear path as far as what he sees. 2:00pm the Feds will give their decision whether to cut Fed rates or not. There has been speculation with recent data that we will get one but we don’t know for sure. I will be listening in today and giving some update on this.
If you do play options today words to look out for if you a bull-( resilience, good data) bear-(slow growth, inflation). Be careful with Q and A because it will cause more volatility depending on how they are both structured and answered. Overall maybe waiting after he is done will be wiser.
Market will react how it wants to react. Good luck
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FOMC
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