On Friday at 10am Eastern, Federal Reserve Chairman Jerome Powell will be speaking at the Jackson Hole Economic Symposium.
This speech will be closely watched by investors for indicators on how much the Fed might raise interest rates by at the next Fed Meeting in September, as well as how long those interest rates will need to remain elevated, and how much quantitative tightening the Fed might do as well.
This will be a major mover for the stock market on Friday, and this major stock market catalyst could set the direction of the entire stock market for the next 4 weeks.
This video also covers the earnings that are coming out this week, as well as some major stock market news from Tesla, and how that news could accept the Tesla share price.