Will Jackson Hole prove tough for tech?

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 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 !