The Economy Is Slowing - Are You In The Right Stocks?

07.05.24: Mary Ellen McGonagle, MEM Edge Report, shares what drove price action this week and what may change the markets going forward. Precise sell strategies in a shifting market were also highlighted.

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00:00 - Welcome!
00:53 - Jobs Growth, Jobless Claims, Powell Testimony
02:05 - S&P 500 ($SPX)
02:40 - Sectors: Discretionary (XLY), Technology (XLK)
04:00 - Industrials (XLI), Materials (XLB)
05:26 - Nasdaq ($COMPQ), Software (IGV), Semis (SOXX)
06:59 - Regional Banks (KRE), Russell 2000 (IWM), 10-Year Yield ($TNX)
08:25 - Mag 7: Tesla (TSLA), Microsoft (MSFT), Netflix (NFLX)
10:32 - Nvidia (NVDA)
11:25 - Strength in S&P 500 Stocks
13:22 - Exit Strategy Example: WW Grainger (GWW)
16:26 - Confirming Buy Points: Abercrombie & Fitch (ANF)
17:49 - Economic Data Hits Homebuilders (XHB)
18:33 - Have a great week!

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