SNE - Powell Plays It Perfectly. Prepare For Positive Palaver On Trade Use FedEx Calls. Also Sell Boeing; Buy FAMG
Futures Are Down, Why Are You Lavishing Such Praise On Powell?
First of all, the futures are down just a bit at the time of this writing. If Powell performed badly, we'd be down significantly. I would not be surprised if the market closes flat or even up. Powell is praiseworthy for finessing the conference call. No one now knows for certain if the Fed will ease again or is standing pat. Powell has conjured one of the greats of obfuscation, the venerable Alan Greenspan; he always sounded positive. Powell now has distanced from dogma,