Weekly Recap 8/29/2021
Nothing to See Here?
https://www.edwardjones.com/us-en/market-news-insights/stock-market-news/stock-market-weekly-update
Bargain hunters abound despite delta variant and geopolitical concerns.
https://www.schwab.com/resource-center/insights/content/active-trader-market-outlook
The Weekend Rip: Sunday Funday
https://stocktwits.com/c/newsletters/the-daily-rip/issues/2021/08/29/the-weekend-rip-sunday-funday/
Equities finally buckle under delta variant and geopolitical concerns.
https://www.schwab.com/resource-center/insights/content/active-trader-market-outlook
Optimism among individual investors about the short term saw substantial increase.
https://www.aaii.com/sentimentsurvey
Neutral sentiment short term
https://money.cnn.com/data/fear-and-greed/
S&P component recent % changes (All Green in the air)
https://www.slickcharts.com/sp500
Morningstar Weekly summary
https://www.schwab.wallst.com/cgi-bin/upload.dll/file.pdf?zab877c0azdde2b39239194b58af63f9eb05a5ca3b
Recommended articles of the week
You Take My Breadth Away: Market’s Underlying Deterioration
https://www.schwab.com/resource-center/insights/content/you-take-my-breadth-away-markets-underlying-deterioration
Treasury Demand Shows Resilience as Fed Signals Bond-Buying Pullback
https://www.wsj.com/articles/treasury-demand-shows-resilience-as-fed-signals-bond-buying-pullback-11630249523?mod=markets_lead_pos2
Visualizing the Critical Metals in a Smartphone
https://www.visualcapitalist.com/visualizing-the-critical-metals-in-a-smartphone/
China Curbs Steel Output, but Familiar Economic Pressures Test Its Mettle
https://www.wsj.com/articles/china-curbs-steel-output-but-familiar-economic-pressures-test-its-mettle-11630234801
Which Companies Belong to the Elite Trillion-Dollar Club?
https://www.visualcapitalist.com/which-companies-belong-to-the-elite-trillion-dollar-club/
New Orleans Goes Dark After Hurricane Ida Inflicts "Catastrophic Transmission Damage"
https://www.zerohedge.com/weather/extremely-dangerous-hurricane-ida-almost-category-5-strength-it-nears-louisiana
When Will Your Country Recover from the Pandemic?
https://www.visualcapitalist.com/when-will-your-country-recover-from-the-pandemic/
Viral Infographic Reveals The Shocking Amount Of Military Hardware Biden Handed To The Taliban
https://www.zerohedge.com/geopolitical/shocking-infographic-reveals-magnitude-military-hardware-biden-handed-taliban
Morgan Stanley: This Fall We Expect The Mid-Cycle Transition To End With A 10%+ S&P 500 Correction
https://www.zerohedge.com/markets/morgan-stanley-fall-we-expect-mid-cycle-transition-end-10-sp-500-correction