Will Jackson Hole prove tough for tech?

Published 7 months ago at 23 Aug 2022

Jerome Powell is under pressure at the Jackson Hole Symposium this week. After the last Fed meeting the Fed was perceived to have taken a ‘dovish pivot’ and that allowed the Nasdaq to move gradually higher. However, if Jerome Powell reaffirms a commitment to  bring inflation down, despite  slowing growth metrics, that can bring tech stocks sharply lower.  

Will Powell send a corrective message to markets and sink tech stocks?

The tech dominated Nasdaq has a seasonally weaker period ahead that could assist any falls. 
Major Trade Risks: 
The major risk is that Jerome Powell signals a more dovish approach from the Federal Reserve. 
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 ! 

This website uses cookies. By continuing to use this website you agree to this. Learn more Accept