What Powell signals to me as a trader 📈📉

Special market recap inside                                                                                                                                                                                                                                                                                                                                                                                                                 August 30, 2023 | [Read Online]( [Header] Hey Guys & Gals! Jeff Williams here and thanks for taking a few moments to read up on what's hot, and what's NOT in stock and options land. Markets moved higher once again today for a [new 4 day winning streak]( as ADP employment dropped from an expected 200,000 to just 177,000. Yesterday, we saw markets scream higher as Consumer Confidence dropped and Job openings also dropped 😱. So, ADP employment drops, job openings drop, consumer confidence drops and markets run….CHECK! ✅ So what the heck is happening? Well, most traders are excited that jobs are cooling which could trigger the Fed to slow down on the rate hikes, or dare we even suggest a rate CUT? No way….but that’s the reason we are seeing bullishness in markets. It’s a prime example of… “Bad news is good news.” Ultimately, that won’t work in the long run and eventually good news IS good news and bad news IS bad news, but not right now. Speaking of right now. I used my 15 minute “Trigger” lines today on Market Navigator to help guide me for the morning trade idea and it worked like a charm. I pulled the trigger as soon as we broke my top “green” trendline on the chart below and hit the SPY Sept 6 $448 calls for a quick morning trade. Remember, all my trades are sent to members BEFORE I buy or sell. I call this “Advanced Notice” and it’s a great way for members to learn about how I trade and what I’m looking for before it actually happens. This resulted in a solid 10% or near $200 winner in less than 30 minutes* (*trading is hard, results not guaranteed). Over in penny stock land, I am watching the IWM closely for a possible breakout of the $190 area which is right around the 50 SMA. I love to see the IWM moving higher since the IWM tracks the Russell 2000 for small cap (penny stock) trades. Speaking of penny stocks and HOT penny stocks. I was able to snag a strong 23% on yesterday’s #1 most active penny stock, AXLA. So what’s on tap for tomorrow? Well, one of the BIGGEST items the Fed will watch for inflation worries, PCE data which comes out at 8:30am EST. My feeling here is PCE will come in line with expectations and markets will continue to push higher into the close of the week. I think this could be great for SPY call options trading and for a bigger move up on the IWM and hopefully even more HOT penny stocks! If you’re digging this kind of content, why not check me out a little further in one of my services? For more information on options trading, here’s my #1 morning SPY options trading service → [take a look inside right here](. And if penny stocks are your thing, then my end of the day “Power Hour” live stock scan and trade alerts is for you → [Click here for more details](. Thanks for reading and cheers to your success, RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. 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