Warsh's Jackson Hole speech is set for 9AM CDT. He's said more than once that he'd rather talk about where the economy currently stands than give any future signals. To market makers, though, this looks like a chance to stir up volatility and profit from it.
My initial take is that USD and US bond yields could get choppy, and that might lead to sharp swings in gold, silver, BTC, and the broader market.
As for how I see it playing out, Warsh isn't the type to hint at what's next, so I'd expect any volatility to be mostly manufactured by market makers and high frequency trading. That's why I'm looking at reversal setups on extreme moves in either direction.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ BTC.X $iShares Silver Trust(SLV)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
