Jay Woods on Fed 'Confusion,' NVDA 'Telltale Sign,' Brace for WMT & TGT Earnings
- Freedom Capital Markets
- 7 days ago
- 1 min read
Schwab Network
18 August 2026
"We're kinda confused on where the Fed is," says Jay Woods, who points to still-volatile price action in crude oil as something he's keeping a close eye on as Kevin Warsh readies to speak at Jackson Hole. He sees Nvidia (NVDA) and an unexpected announcement from the Mag 7 firm as a likely bullish catalyst ahead for markets. As far as other earnings go, Jay tells investors to watch Walmart (WMT) and especially Target (TGT) as the big box retailer continues its turnaround story.
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