Jerome Powell's Jackson Hole Speech
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Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and in client accounts. He is an experienced trader and money manager and is the author of “Options as a Strategic Investment.” www.optionstrategist.com.
The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
When Nvidia, the chip producer, reports earnings next week, investors expect the S&P 500 to have a bigger reaction than when the Fed chair delivers a big speech on Friday.
1hon MSN
US Fed rate cut buzz to FPIs' selling: Top five triggers for the Indian stock market next week
Buoyed by Jerome Powell's dovish signals at the Jackson Hole Symposium, experts believe the Indian stock market may stabilise next week
Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.