Get ahead for Friday August 27, 2021

The indices took a day off to digest the recent run and tomorrow the big event is Chair Powell's annual speech at Jackson Hole which usually creates some waves in the price action. And since its a Friday in late August, a less is more approach is probably a wise game plan for tomorrow. Today's watchlist had some nice winners with DOCN, BSY, SGOC, BIDU, and DDOG all making big intraday runs before giving back most of their gains later in the session. Its definitely advisable to take profits quickly in the current environment, especially if its a breakout or an early morning pop.

Here is the watchlist and game plan for tomorrow. Keep in mind that Powell's speech begins at 10am.

Have a great Friday!