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Stocks managed to wobble higher today, in the usual up and down session.

VIX crept a little higher.

Gold and silver managed to hold their ground, with silver even gaining a little.

The Fed is meeting in Jackson Hole.

Expectations are running high for a Fed rate cut, especially after the big downward revision in the Jobs number this morning.

Powell will be speaking later this week. If there is to be some announcement, that maybe the time.

I can't help but wonder if the Fed does finally cut, in September perhaps, the markets will give us a dramatic 'pop and flop.'

And in the background, the rolling boil in geopolitical events continues.

Have a pleasant evening.
 

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