Good Wednesday morning. Heads up: we’re launching Parabolic Options Program #25 on Friday, with first buy rec(s) on Monday. As we wind down #24 we have current net profits of 96%. Over our previous 23 programs (4-months each) we’ve ended 84% of them with gains and with net profits on all 23 programs of 129% (387%/year return, annualized). Look for the launch email of #25 on Friday morning.

Big day today with J Powells final Fed meeting/presser as Fed Chair (without question, the worst Fed chair of our time…I’ll explain why that’s the case in tomorrow’s Letter). We expect little to happen today, however as is par for the course, Powell prefers to include at least one prepared sentence that sends the markets tumbling lower (the data backs this statement up, as Powell is the worst Fed chair, when it comes to market performance, on the day of).

The “journalists” in these Fed meetings are largely lemmings, afraid to challenge Powell on the damage that he and the Fed have done to the A...