Raghee Simpler Futures

FOMC Minute Moves

The FOMC Meeting Minutes will be released tomorrow at 2 PM ET and this is the glimpse many traders and investors are waiting on to see if there is still another 1/4 point hike in play.

Markets Breach Support

Most markets broke support levels that have held for months. I will look to short rallies until proven otherwise.

Walmart: Earnings In Focus

Walmart reports earnings on Thursday, August 17th before the bell. While I like the company and am bullish on the stock, Walmart has already had a nice higher run and is near targets. So, I am looking at making a neutral trade in the options market to bet on a trade within the expected move. For this earnings report, I will be specifically listening to how inflation has impacted sales, what areas of growth the company is focused on for the rest of the year, and how grocery sales are going.