POLL: Market reaction to Jerome Powell press conference today

Polls
1

How do you think the market will react to Jerome Powell’s press conference on the Fed’s rate decision and updated economic projections?

Winner based on where the market is 1 week from today.

  • Markets will rally sharply
  • Current Risk-On trend will continue
  • Wild swings, but Risk-On resumes
  • Significant sell-off
0 voters
2

Two hours left for voting

3

My strategy for this event is this:

I put on a full hedge on my cash account. Why since I’m bullish overall? I have a lot of realized gains this year and will have a big tax bill. With a large hedge I could make a quick 1-2% if the market tanks, and make my tax bill even bigger :slightly_smiling_face: . If the market rallies I just close my hedge for a 1-2% loss, and reduce my tax bill :slight_smile:

How do you all play these volatility events?