PSA Re: Stox Scanner - Weekend Watchlist

‎

I am no longer affiliated with Stox Inc. or involved with the Stox scanner product in any capacity.

My departure does not affect your access or your experience using the product in any way. Due to legal reasons, I cannot provide more information about my departure.

More explanation here in video below:

‎

Markets battled early weakness, with the S&P 500 falling five straight days before Powell’s Jackson Hole remarks gave a “stick save” rally on Friday. Tech giants like NVDA, AMD, PLTR, and META slumped over 5% midweek, dragging indices, but breadth held firm as investors rotated into cyclical sectors.

Powell hinted at September rate cuts, sparking a late-week surge: the SPX closed +0.26% WTD, the Equal Weight S&P hit a new ATH, and the Russell 2000 jumped +3.8%.

Economic data was mixed but showed resilience: PMI Manufacturing crushed estimates (53.3 vs 49.7) and Services also surprised to the upside. Retail earnings were a mixed bag — Walmart (WMT) slipped on an EPS miss, Lowe’s (LOW) rallied on beats, and Target (TGT) fell despite topping expectations.

‎TLDR Stock Market Weekly Update - August 22, 2025

📉Market Trends

• Powell “Put”: Jackson Hole pivot signaled September cuts → broad rally into week’s close.

• Breadth Strengthens: SPX advance/decline ratio 4:1; cyclical sectors led.

• Earnings Wrap: Mixed for retailers; tech weakness offset by broader sector rotation.

• Economic Data: PMI Manufacturing 53.3 (expansion); jobless claims slightly elevated; Leading Index -0.1% inline.

📊 Technical Levels & Market Signals

• S&P 500 (SPX): +0.3% WTD; bounced off 20-day MA support; eyeing 6,481 resistance. Intermediate- & near-term bullish.

• Equal Weight S&P (SPXEW): Broke December highs → rotation into cyclicals broadens rally. Intermediate & near-term bullish.

• Breadth: SPX breadth ↑ to 64.3% (from 62.7%); Nasdaq ↓ to 45.3%; Russell flat at 53.8%.

💰 Economic Data, Rates & the Fed

• PMI Manufacturing: 53.3 vs 49.7 est. → expansion mode.

• PMI Services: 55.4 vs 54.2 est. → strong activity.

• Jobless Claims: Slightly higher, but labor market remains stable.

• Retail Earnings: WMT missed EPS; LOW beat; TGT fell despite beats.

• Powell: Acknowledged downside labor risks, slowing economy. So September rate cuts expected.

🏛️ Cryptocurrency News

• BTC rallied +4.4% Friday, reversing earlier outflows.

• BofA reported $700M crypto fund outflows during the week, but flows likely reversed post-Powell rally.

• BTC volatility dropped to 38% (from ~200% a decade ago); traders seeking bigger swings turning to ETH, with ETF volumes rivaling BTC.

Sources: Charles Schwab

‎

📅 Coming up next week…

Economic Events:

• Mon (8/25): New Home Sales, Dallas Fed, Building Permits

• Tue (8/26): Philly Fed, Durable Goods, Consumer Confidence

• Wed (8/27): MBA Mortgage Apps

• Thu (8/28): Jobless Claims, GDP, Pending Home Sales

• Fri (8/29): PCE, Personal Income & Spending, UMich Sentiment

Notable Earnings Reports:

• Mon (8/25): PDD, HEI

• Tue (8/26): BMO, BEKE, MDB, OKTA, BOX, PVH

• Wed (8/27): ANF, FL, KSS, NVDA, CRWD, SNOW, TIGR, VEEV, NTAP

• Thu (8/28): TD, DG, DKS, BURL, DELL, MRVL, ADSK, AFRM, ULTA

• Fri (8/29): BABA,

Sources: Earnings Whispers, Charles Schwab

‎

‎ 

‎‎

‎

Ready to Elevate Your Trading this year?
Check out the Humbled Trader community!

Trade alongside and engage in market discussions with like-minded traders, and learn from our team of experienced trading coaches.

Your success story could be featured in one of our next “Top Trades of the Week” showcases! Learn more about our community and what we offer by clicking the button below.