25 Stocks to Avoid in August

All three major benchmarks are eyeing a dip into the red

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Schaeffer's Opening View
8/04/2021
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Stock Futures Pointed Lower After Disappointing Jobs Data


By: Fernanda Horner

Stock futures are pointed lower this morning, brushing off yesterday's wins as dismal earnings reports from major automakers such as General Motors (GM) weigh on investor sentiment. Futures on the Dow Jones Industrial Average (DJI) are eyeing a 141-point drop, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also in the red. Also contributing to pessimism is the ADP private payroll survey,  which showed a smaller-than-expected gain of 330,000 jobs in July. Elsewhere, the 10-year Treasury Yield receded to 1.15%.

Continue reading for more on today's market, including:

  • Schaeffer's Senior Quantitative Analyst Rocky White dives into the state of investor sentiment.
  • These 25 stocks are some of the worst August performers
  • Plus, LYV pops on surging event sales; behind Avis Budget's best quarter ever; and CVS Health raises minimum wage.
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