Hey friend, We got the latest durable goods orders data this morning. And while the numbers showed a monthly drop, the decline was much less than expected. This could indicate the economy is performing better than expected. We also got the new consumer confidence data, which also showed a decline – but also declined less than expected. All in, it’s pretty good news. Let’s see how the markets have….

Hey friend, We got more Fed official speeches slated for today. Markets will be watching to see whether they support or contradict Powell’s speech at Jackson Hole. Tomorrow, we get consumer confidence data. The Daily Direction Note: All indexes closed sharply higher on Friday after Powell’s Jackson Hole speech. And they opened either flat or slightly lower this morning. All index directions are firmly in the green. The Daily….

Hey friend, Fed Chair Powell just signaled a “possible” rate cut in his Jackson Hole speech. Options traders odds of a September rate cut jumped nearly 10 percentage points. Markets are loving it. The Daily Direction Note: Once again indexes closed largely lower yesterday. But it didn’t matter, because all indexes are up big today after Powell’s Jackson Hole speech – sending all index directions back into the green…..