Insider Buying Week 8-18-23 before the Potential Powell Shitstorm in Jackson Hole
We look at insider buying this week before the potential shitstorm next week. It’s hard to believe that Longs can make money on the S&P 500 before a looming Fed Chairmen’s speech on Friday, August 25, at the annual Jackson Hole conference The central bankers, policymakers, and economists at Jackson Hole attempt to steer the global economy. Powell unveiled his Paul Volker channeling act last Summer, setting off a one thousand-point drop in the Dow. That’s too obvious a trade and likely crowded. If Powell is interpreted as anything dovish on the rate hikes, there could be a rip-your-face-off rally. But … Read more