One of the helpful features of seasonax is the ability to compare different stocks. In the run up to the Jackson Hole Symposium, at the start of this week, stocks have been pressured on expectations that Jerome Powell will deliver a more hawkish message.
If Powell does not do that, and delivers a bearish message, then watch out for some USD selling, US10 year yields falling, a spike higher in gold, and some stock buying.
This is where Seasonax’s instrument compare feature can come in handy!
Major Trade Risks:
The major risk is that Jerome Powell signals a more hawkish approach and that will likely keep stocks pressured.
Analyse these charts yourself by going to seasonax.com and get a no strings attached 3 day free trial! Which currency pair, commodity, index, or stock would you most like to investigate for a seasonal pattern?
Remember, don’t just trade it, Seasonax it !