As central bankers from around the world descend on Jackson Hole, Wyoming, for the first in-person annual conference since 2019, Markets are bracing for Friday's speech by Federal Reserve Jerome Powell.
Agenda Highlights
Here's what to expect from the two-day conference featuring central bankers from around the world:
Powell is scheduled to speak from Jackson Hole, Wyo., on Friday at 10 a.m. Eastern. In addition to Powell, Fed Vice Chair Lael Br...

gogogo

Options flow started the Friday session extremely messy as both call and put buyers were active nearly at an even pace. That being said, a big chunk of morning protection steemed from China-related issues and once that activity dried up, flow had a much cleaner look to it into the afternoon. 
Mega-cap tech and secular growth(lower rates related) were once again where buyers maintained focus. Players were on the hunt for that lower yields theme needing more exposure into tech earnings, but also because of an expectation for a more dovish Fed this week, coming off a spike in worldwide health conditions.
On the sentiment front
Short-term sentiment finally pushed higher off Friday's rally but finished short of landing in the "caution zone", many intermediate-term indicators hardly budged last week. 
...