Daily Market Briefing

Recent Trading Action Suggests U.S. Stocks Will Pull Back during the Week Ahead

July 13, 2018 (7:30 pm U.S. Eastern Time): The recent trading action in the U.S. stock market suggests that U.S. stock prices, in general, will pull back during the week of July 16-20, with the S&P 500 Index running into a key price-resistance level on Friday, July 13, and price-momentum statistics for that broad stock market index, as well as for the Dow Jones Industrial Average and the Nasdaq Composite Index, rising to substantial overbought territory on Friday. The fact that both the cumulative advance-decline line and the cumulative volume index moved in the opposite direction of those market indices over the past three days also suggests that stocks will pull back during the coming week. With Americans becoming less optimistic regarding the future direction of the U.S. economy, and our research indicating that U.S. inflation rates will rise to problematic levels within the next few months, there’s an increasing probability that U.S. stocks are in the process of peaking and of trending lower during the months ahead. For more information on our economic and stock market outlook, as well as recommendations on stocks and ETFs, we encourage you to subscribe to one of our investment investment journals.

Headline News

  • Individual and household debt, excluding mortgage debt, rises by xx%
  • Individual and household debt, excluding mortgage debt, rises by xx%
  • CarMax’s (KMX) quarterly earnings decline by 20%
  • Lennar’s (LEN) first quarter adjusted earnings rise by 660%

Stock of Week

Floor & Decor Holdings (FND)

Floor & Decor Holdings (FND) is a specialty retailer of hard-surface flooring and related accessories, operating 71 warehouse-format stores in 17 U.S. states. The company offers the industry’s broadest in-stock assortment of tile, wood, laminate and natural stone flooring, as well as decorative and installation accessories at everyday low prices, positioning it as a one-stop destination for hard-surface flooring.



Composite Fundamental Rating Product Sales & EPS Growth (Qtrly) Profit Margins Financial Liquidity Long-term Debt Institution Buys to Sells
B A+ A C+ B B+ C

Key Developments

U.S. Economic Developments

U.S. Political Developments

Earnings Announcements

International Economic Developments

International Geopolitical Developments

Company and Stock News

August 13, 2018 Company and Stock News

  • VF Corporation (VFC) announced that it intends to separate the company into two independent, publicly traded companies, an apparel and footwear company that will market its North Face and Timberland brands, and a separate company that will market its Wrangler and Lee branded jeans
  • Alnylam Pharmaceuticals (ALNY) announced that the U.S. Food and Drug Administration approved the company’s ONPATTRO™ injection for the treatment of malfunction of bodily nerves

Investors Monitor 20

Investors Monitor Grade

Company Name Ticker Symbol Sector / Industry Composite Fundamental Rating Product Sales & EPS Growth (Qtrly) Profit Margins Financial Liquidity Long-term Debt Institution Buys to Sells
Alarm.Com Holdings ALRM Home Security B- A B C A+ C B
Applied Optoelectronics AAOI Fiber Optics A- A+ A+ B+ A+ A+ B+
Arista Networks ANET Network Apps A+ A A+ A+ A A+ A
Control4 Corporation CTRL Home Devices B- A C C A+ A+ A
Floor & Décor Holdings FND Home Flooring B- A A+ C B- C- B+
General Electric GE Conglomerate B A C+ B- A+ C A
GrubHub GRUB Mobile Orders B+ A+ A B+ A+ B C
Micron Technology MU
Malibu Boats MBUU Boat Mfg. C+ A C B- B- C- D
Masimo Corp MASI Medical Devices A- A B A A+ A+ B
Momo Inc. MOMO Social Media A+ A A+ A+ A+ A+ A
Ollie’s Bargain Outlet OLLI Discount Stores B+ B+ A B+ A A C+
Qualys QLYS Internet Security A- A A B+ A+ A+ C
Sears Holdings SHLD Retail Stores C+ B Turn-Around Turn-Around B D+ A
SolarEdge Technologies SEDG Solar Panels A+ A A A A+ A A
The Trade Desk TTD Advertising B+ A A C+ A+ A+ B
Wal-Mart WMT Retail Stores B- A+ c+ C C A- C+
Weibo Corporation WB Social Media A+ A A+ A- A+ A+ A
Winnebago Industries WGO RV Mfg. C- A C C C+ D C
STMicroelectronics STMI
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