Live Trading Systems Signals on August 23, 2022 - Waiting for Jackson Hole
- Capstone Trading
- Aug 23, 2022
- 1 min read
The 200K Portfolio was down --$500 today and the 50K Portfolio was down -$150 today. The sideways price action is a combination of a "wait state" in the market and continued propping by the "powers that be" after two big down days in the market on Friday and Monday. On Friday, Jay Powell speaks at Jackson Hole. The market could remain in a "wait state" until Friday. The strategies did a good job not trading much in this type of price action. Until the Fed tightens more, the bulls will trade with an easy money mindset.
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