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I just wrapped a quick video on a setup I added today.
Can’t say the name here, but I’ll show you the chart in the video.
Here’s what I can tell you:
Blowout earnings. Massive volume. And yesterday it formed a textbook inside day right at the highs.
That’s the kind of consolidation you want to see after a huge earnings move.
It’s setting up for what looks like a clean continuation higher… first target around previous resistance, and if it keeps running, we could see all-time highs over the next month or two.
I’m adding to this position today across multiple strikes and expirations.
If you like post-earnings momentum setups with clear structure and defined levels, you’ll want to see this one.
Jackson Hole Symposium edition.
The world’s most exclusive economic gathering exists because a Fed chair really, really wanted to go fishing.
In the early 1980s, the Kansas City Fed needed then-Chair Paul Volcker to show up. Volcker was a devoted fly fisherman. So, they moved the conference from Kansas City/Colorado to Jackson Lake Lodge in Grand Teton National Park.
Late August, trout streams, mountains. It worked. Volcker came. One account says he walked into the opening dinner still in his fishing gear. The tradition stuck. The event is now in its 49th year; this year’s edition (Aug 27–29) is happening right now, with Chair Kevin Warsh’s first Jackson Hole keynote today.
