Pre-Market Rundown (August 27, 2021)

Our weekly webinar series – we take a look at the stocks that are moving and some key setups. Plus a look at the news and economics for this and next week.

(Scroll down for video)

Weekly Update

  • Theme: Faker or Taper?
    • Several Fed Speakers out with Taper Talk
    • Jackson Hole Virtual Confab – Powell Discussion
    • Even with Taper – what will that even mean…. $10-20 Billion/month? (10%)
  • Earnings
    • Tech Still Rolling in HOT (CRM)
    • Retail Seeing a Slowdown (ANF, BURL, DLTR)
    • Analysts Raising Outlook (Higher Bar to Hurdle)
  • Global Unrest
    • Afghanistan Debacle
    • Covid ……….
    • China Regulations (Follow up: “KWEB and Tech nearing support?”)
  • Market Direction
    • KRI Indicator
    • Spearman/McClellan
  • Valuations
    • FWIW – Pricing to Perfection
    • Shiller CAPE – Highest since 1999?
    • Expectations
  • Pandemic / Variant
    • Next Question: Fines for unvaccinated
  • Other – End of Month (already)
  • ECONOMICS
    • Existing Home Sales, GDP, Durable Goods, PCE Prices (all inline)
    • Next Week: Home Price Index, ISM Manufacturing, Claims, Employment Reports
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: KWEB, FUV, ANF, URL, CRM, DLTR, ASTR, MAR, DIDI, GME, AMC, BBW

Your Symbols

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