Morning Ideas August 23, 2021
Good Morning Traders!
Jackson Hole Symposium is front and center in the market news now, as the fed will get together to discuss policy at the end of the week, and into the weekend.
The bulls awoke on Friday and squeezed out the weak shorts, leaving us close to all time highs again. I would expect as long as the FED continues to provide the liquidity, nothing will change here and we will continue to dip and rally. Dip, rip your face off rally. Dip, rip your face off rally. Over and over and over again.
Jackson Hole Symposium is front and center in the market news now, as the fed will get together to discuss policy at the end of the week, and into the weekend.
The bulls awoke on Friday and squeezed out the weak shorts, leaving us close to all time highs again. I would expect as long as the FED continues to provide the liquidity, nothing will change here and we will continue to dip and rally. Dip, rip your face off rally. Dip, rip your face off rally. Over and over and over again.
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