Why Amazon is Dragging the Market

The major benchmarks wrapped up July with monthly wins

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7/30/2021 Have you seen our volatility scorecard? Sign up by clicking here! S&P 500 Snags Sixth-Consecutive Monthly Win By: Laura McCandless The major indexes finished lower for the day and the week, though each posted monthly gains. Most notably, the S&P 500 nabbed its sixth-straight monthly win, following a staggering string of record highs. The Dow and tech-heavy Nasdaq both landed with triple-digit losses today, as increasing delta variant cases of Covid-19 put pressure on the market. Wall Street eyed inflation data, with the personal consumption expenditures price index rising 3.5%, which is roughly in line with analyst expectations of 3.6%, marking its biggest jump since July of 1991. Meanwhile, Wall Street's "fear gauge" -- the Cboe Volatility Index (VIX) -- jumped over 15% for the month to snap a five-month losing streak.  Continue reading for more on today's market, including: AMZN in the spotlight today after a surprise revenue miss.  10 hot cannabis stocks making moves this week.  Plus, two blue-chip names report earnings; and Schaeffer's most recent stock pick.  Share on Read More...       Simple Strategy Generates 738% ROI The 2019 U.S. Investing Champion has developed an easy to use strategy to place low-risk, high-profit potential trades. For a limited time, you can access the exact list he uses to select trades, step-by-step instructions, and his proof of earning...FREE! Try this strategy for yourself today for no cost! Sponsored In Case You Missed It... Benchmarks Head Toward Big Monthly Wins After Volatile Week The S&P 500 is headed toward its sixth-straight monthly win Fundamentals Say Watch Nordstrom Stock Ahead of Earnings Why JWN is still far from reaching its bottom Beyond Meat Stock Hoping For Rare Post-Earnings Pop Beyond Meat will report second-quarter earnings next Thursday 10 Cannabis Stocks That Ran Extra Hot This Week CGC made two new product announcements on Tuesday Ground Breaking Tool Harnesses the Power of Earnings A proprietary algorithm has just turned a well-documented market phenomenon, known as the post-earnings announcement drift, into a set of tools you can use right out of the box. We're just into earnings season and it's already flagged a Drift Alert from 7/16 for a 72.84% ride (as of 7/28) and that's just the start! Test it today for yourself, no cost, no time limit! Sponsored Want More Minute-to-Minute Updates? Ranking the most volatile stocks → Schaeffer's Volatility Scorecard Before the market opens → Opening View Midday check-in → Midday Market Check Last week's rundown → 5 Minute Market Rundown Analyzing the current market climate → Monday Morning Outlook What's on our CEO's radar this week → Chart of the Week Schaeffer's has a podcast, have you given us a listen?       ADVERTISE // CAREERS // SHOP Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here. For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. 5151 Pfeiffer Road Cincinnati, OH 45242 If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here.