The stock market had a tough week but a great month. Here’s what happened
A strong moon for the stock market was a sour note on Friday. The S&P 500 withdrew from the record -high closing of Thursday and returned to a little red during the week, which accelerated the index to end the four -week winning line. However, in August, the S&P 500 was roughly prepared for 2%progress and made its monthly earnings four flat. Especially after the market has passed through the biggest earning report of the quarter, it is difficult to blame everyone because he wants to make some profit in front of the long workers’ festival. We are talking about Nvidia, who reported strong results and pink guidance on Wednesday evening. However, the Wall Street Nitpicked numbers and stocks fell 0.8% on Thursday and 3% on Friday. As the largest stock there, with a market value of about $ 4.3 trillion, it was dragging the general market of Friday lower. Nvidia lost more than 2%for both week and August. Nvidia Gains: Investors questioned the abduction of light income in NVIDIA’s data centers, an increase in the inventory, and whether the company is very dependent on the customer with a handful of deep pockets. However, the club believes that all these concerns are misleaded. In fact, Jim Cramer preserved the thesis of “making trade” to the stock. At the morning meeting of Thursday, “I have nothing to make me feel different.” He said. For now, NVIDIA said that we have put our price target to examine. We have 2 degrees on the stock. Crowdstrike Gains: On Wednesday evening, the cyber security company made a clean kick in each of the key metrics. Increasing the guidance per share (EPS), overwhelming income guidance printed stocks in post -working operations. Considering that Crowdstrike was one coat of premium, we were not shocked because the long knives were outdoors. After the version, we upgraded to our equivalent to the purchase equivalent and maintained our price target of $ 520 per share. At the end of the session of Thursday, the Crowdstrike shares reversed the course and closed more than 4.5%. They lost 3.5% in the market on Friday, but they still finished the week higher. After the stock lost almost 11% in July, it lost more than 6% in August. Club names Broadcom and Salesforce report gains next week. Cyber Trade: Following a terrible start until August, the club’s other cyber security shares Palo Alto Networks strongly completed the month. Stocks ended around the reports on July 29, and the official announcement of Palo ALTO’s identity security provider Cyberak on July 30 on July 30th. The street was worried about whether Palo Alto meant that his basic work was weak. Palo Alto’s earnings report on August 18 eliminated this idea and helped the stock reclaim some losses. In addition to the purchase of August 11, we received more shares of Palo Alto on Monday, because the stock agreement fell from the closing price on July 28 before the equation was part of the equation. From the beginning, we were happy to buy the immersion in Palo Alto. The market action on Friday did not help Federal Reserve’s favorite inflation indicator of its favorite inflation indicator as anxiety. July Personal Consumption Expenditures Price Index or PCE, as well as PCE, core inflation increased by 2.9% annually, matching forecasts only since February showed that the highest annual ratio. The Fed definitely takes into account the PCE headline, but sees it as a better inflation measure over long distance, because it excludes variable food and energy prices. The market expects central bankers to reduce the interest rates at the September meeting, which shows that a policy change may come at the annual economic summit of President Jerome Powell on August 22 at Wyoming’s Wyoming. September Question Mark: The Fed Meeting is coming in the middle of the month, which has historically lost the largest losing for S&P 500 since 1950, according to the stock trader of the stock trader. September last year was left aside, the previous four September, especially weak. The S&P 500 won 2% in September 2024, which was when the Fed first reduced its rates for the first time in 4½ years. At the FED’s November and December meetings, rates were reduced twice last year. Since then, Powell and his colleagues have kept the rates constant to keep inflation under control. President Donald said that he was more concerned about the slowdown in the labor market at Powell Jackson Hole, while he saw the risk of inflation from the tariffs of Trump. (See here for the full list of Jim Cramer’s philanthropist’s confidence in the charitable trust. Jim is waiting for 45 minutes after sending a trade warning before buying or selling a share in the portfolio of charitable confidence. 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