Hey friend,
Fed Chair Powell just signaled a “possible” rate cut in his Jackson Hole speech.
Options traders odds of a September rate cut jumped nearly 10 percentage points.
Markets are loving it.
The Daily Direction
Note: Once again indexes closed largely lower yesterday. But it didn’t matter, because all indexes are up big today after Powell’s Jackson Hole speech – sending all index directions back into the green.
The Daily Nugget
Savvy traders love a noisy market.
As a trader, you don’t want noise – you want signal.
That’s obvious.
But everyone else in the market is also looking for that signal…
Meaning the harder that signal is to find – the more valuable it is.
That’s why smart traders love a noisy market.
The noisier the market, the harder it is to find that signal…
Which means those who do have the ability to spot it can book bigger returns.
We’ve said before that the more uncertainty, the more opportunity…
And this explains why that is the case.
So, before you head off for the weekend, keep this in mind.
Noisy markets can feel emotionally uncomfortable…
But they’re the kind of markets that also bring the most opportunity for those who can find the signal.
Our job is to give you the tools to find the signal so you can always be ahead of the herd.
Enjoy the weekend.
The Traders Agency Team
