Data Source: Finviz
Indicator of the Day (video): NYSE Stocks Above 200 Day MA
Quote of the Day…
Be in the know. 10 key reads for Wednesday…
- Bottom-Fishers Snap Up Office Buildings at Huge Discounts (barrons)
- Wall Street Strategists Bet on Record Highs for European Stocks (bloomberg)
- Fed Minutes to Shed Light on Rate-Cut Debate (barrons)
- Retailers have pulled back on raising prices. More are now lowering them (marketwatch)
- Opinion: Chinese e-commerce giants want your business — and U.S. retailers are losing it (marketwatch)
- ‘The first cut is the deepest’ may hold true for Fed interest-rate cuts, too (marketwatch)
- Ford to overhaul EV strategy with more and cheaper options in its latest push for profit (marketwatch)
- Investors Brace for a Jobs Wipeout (nytimes)
- The Story of Walmart & JD.com (chinalastnight)
- If Fed starts cutting, money on the sidelines could funnel into small caps, says Fundstrat’s Tom Lee (cnbc)
Where is money flowing today?
Indicator of the Day (video): Nasdaq High Low Ratio
Quote of the Day…
Be in the know. 15 key reads for Tuesday…
- Small cars are selling faster than SUVs and trucks. Here’s what’s driving more buyers to settle for less. (marketwatch)
- Jennifer Lawrence and Gigi Hadid Are Kick-Starting a Vans Sneaker Trend (marieclaire)
- Copy Gigi Hadid’s Rock ‘n’ Roll Style With the Exact Vans She Wears (usmagazine)
- Are Slip-On Vans The Sambas Of Summer 2024? (elle)
- We’re Calling It: Checkered Vans Are the 2024 It Shoe (fashionmagazine)
- Why the upcoming payroll revisions could tilt Powell’s Jackson Hole message on Friday (marketwatch)
- Chinese Regulator Asks Banks to Survey Impact of Stronger Yuan (bloomberg)
- Fed’s Jackson Hole meeting: A plan to cut interest rates gradually is emerging (marketwatch)
- Defensive stocks have outperformed lately — but it’s no reason to panic (marketwatch)
- Mega-cap tech stocks still make up core of hedge funds’ top positions, analysis shows (marketwatch)
- Citi Says Hedge Funds Are Using Dollars for New Carry Trades (bloomberg)
- China Says ‘Please Stop Buying Our Bonds’ (wsj)
- Chinese Banks Hold Lending Rates After PBOC Signals Caution (bloomberg)
- China May Let Local Governments Sell Bonds to Buy Homes (bloomberg)
- Dollar hits year’s low as traders prepare for rate cuts (ft)