The charts are warning investors to brace for yet another disappointment.
Evaluating the market and policy discussion ahead of Jackson Hole, and how I am playing Zscaler on this weakness.
Is there enough buying momentum to overcome the resistance and put the indices back in position to test the highs hit in late July?
It will be interesting to see whether Macy's weak performance was shared by these names.
My focus is on being ready to react quickly as conditions shift.
The market close will be key Monday.
The freedom of choice coupled with a plentiful job market and frugality define this new beast.
Narrowing participation of stocks in gains indicates caution is warranted.
Analysts are advising clients that LOW's stock is still too low ahead of earnings unlike HD.
We have seen the impact of slowing global growth and tariffs on Q2 results and guidance.