Live Trading System Signals on August 24, 2022 - The Federal Reserve is too Big


The market is still waiting on Jackson Hole and so the range was narrow. The 200K Portfolio was -$250 on the day while the 50K Portfolio was -$75 on the day. The market spends more and more time waiting on the what the Federal Reserve is going to say and what the policy will be. I look forward to the day when the market and economy are not as dependent on Federal Reserve policy and statements. The Federal Reserve's presence in the market is too big.


The S&P strategies were 0 of 4 while the Nasdaq was 5 for 9. We had some nice longs and nice shorts but also some losing trades on the day to hold us back.


The bullish liquidity is tired of the bearish fundamentals and continues to prop up the market. We are glad to trade it either way though.


The yield curve continues to remain inverted for more than a month.


Commodity prices are starting to creep higher again, Crude Oil, Soybeans, and Natural Gas. We go over all the trades on the day.

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