27 August 2020: What’s ahead in US Stocks

It was advised to buy call options in S&P500 after it triggered our S/L at 3397. Today, some correction may be observed. Also, it is Powell’s speech at the Jackson Hole symposium. However, Friday would again be positive. Our stock pick – CRM jumped from our buying price of 206 to 277.97 in the previous session. Read the previous post for details of our stock-specific calls in US market.

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