Hi everyone,
Federal Reserve Chair Kevin Warsh used his first Jackson Hole speech on August 28, 2026, to stress that inflation remains too high and that recent milder readings have not yet shown a meaningful improvement in underlying price trends.
He said the Fed’s predominant focus should be on prices, reaffirmed a “firm, fixed” 2 percent target, and warned that policymakers “have work to do” if inflation is not moving toward that goal clearly and at sufficient speed.
The hawkish tone, paired with his call for a “quieter” Fed that relies less on forward guidance, raised market odds of a possible rate hike at the September meeting.
FED watch tool now predicts almost 60% chance of rate increase in September.
Trade Ideas
Last week we posted our $320 Calls on AAPL for Sept 9th trade. Apple is now in a gap and there’s a potential we fill this gap towards $330. If you took this trade the morning after we posted, great, your calls must have nailed it. Potential it goes higher into the event.
Let’s look at some setups that look good for this upcoming week. As always, I’m looking at the top score in scanner and picking setups that make technical sense.
