Selling options to generate consistent monthly cashflow |👇 Link to live alerts and detailed trade reports incl. charts and my rationale behind each trade👇
The price uptrend in the S&P 500 remains intact. However, the NYSE, SPX, S&P Mid Cap, and S&P Small Cap Advance Decline have all been broken. #stockmarket
⚠️SUMMARY OF POWELL'S SPEECH AT THE WASHINGTON FORUM:
1. Powell warned that recent data show lack of further progress on inflation.
2. It will likely take longer than expected to achieve confidence that inflation will return to 2%.
3. Powell is prepared to leave rates at current levels for as long as needed should higher inflation persist.
4. It is appropriate to let policy take further time to work.
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