Wall St. Strategist: Expect Another Week of Volatile Trading

Earn While You Learn! ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ [EARN WHILE YOU LEARN! JOIN OUR FREE LIVE TRADING SESSION!]( Hello investor, Wall St. Strategist: Expect Another Week of Volatile Trading Inflation data will take the spotlight for this week’s trading. The July producer price index report will be out on Tuesday while the consumer price index is due on Wednesday. As a bonus, July retail sales will release its reading on Thursday to offer a clue on the health of consumer spending. These readings will be important. A cooldown in inflation would bolster the case for the Federal Reserve to cut interest rates. The pace of cooldown is key here. Wall Street wants it to cool down gradually. A sudden cooldown could hint at a collapse in demand. And of course, retail sales will be important for investors to try and gauge the potential of a recession. - “Another round of good [inflation] data could help calm fears that the Fed is potentially losing the plot,” said Callie Cox, chief market strategist at Ritholtz Wealth Management. - “Investors have jumped to conclusions about the economy, and now they’re going to analyze a fresh batch of data to judge how warranted this sell-off actually is.” Callie Cox, chief market strategist at Ritholtz Wealth Management (Photo: CNBC) The recent jobs report spooked Wall Street, so the next batch of economic data will offer a glimpse at whether the jobs report was an outlier. - “Retail sales and retailer earnings may show that fears of a job market slowdown are overblown,” Cox said. “We haven’t seen too many alarming details about the U.S. consumer up until now, so it’s important to consider the totality of spending data instead of panicking over a lukewarm jobs report.” Home Depot and Walmart will report their earnings this week. You can bet that investors will listen to their earnings reports very carefully. All in all, Cox expects this week to be a week of volatile trading. - “Emotions are high and market swings tend to cluster together, so I wouldn’t be shocked if we get another week of turbulence,” Cox said. - “People are beginning to brace for a recession even though a crisis hasn’t materialized. Fear often works in our favor as stock market investors. More relief rallies look possible if economic data holds up, and rate-sensitive sectors could continue to lead the market higher.” Buy This Stock As It Just Turned Profitable Today’s Stock Pick: Alarum Technologies (ALAR) Alarum Technologies used to be a cybersecurity company for six years from 2013 to 2019. But it pivoted its strategy when it acquired NetNut — the data collection business. That segment did so well that the company sold its enterprise cybersecurity business to focus on NetNut. (Source: Alarum Technologies) So, what does NetNut do? It collects data for its clients by scrapping the web. Let’s say that its client is an airline company. Airline tickets actually change its prices based on user IP address and location. For example, a German consumer searching from Germany will see different prices from an US-based consumer searching in the USA. So, NetNut would scrape the airline’s competitors to compare ticket prices (based on IP locations) and offer this data for the company to price its tickets better. (Source: Alarum Technologies) There are plenty of other purposes for data collection. Nike and Adidas can use it to monitor the web to make sure nobody is using its intellectual property and trademarks to protect their brands. Companies use it to monitor SEO for rankings or to gather data on competitive SEO practices and strategies. (Source: Alarum Technologies) [Apollo.io]( and RocketReach use its technology to scrap data for people’s emails and phone mumbers. (Source: Alarum Technologies) Sure enough, Alarum’s technology is so valuable that its customer retention rate was 153% as of December 31, 2023. Meaning? The number was above 100% because more customers chose to spend more with the company — while fewer chose to leave. All of this led to a whopping 1,700% revenue growth in the last five years! (Source: Alarum Technologies) What’s more, the company just turned profitable in the first half of 2023. Wall Street, of course, loves profits. Its profit doubled in the second half of 2023 from the first half. This company is growing fast.+ (Source: Alarum Technologies) Bottom line: Alarum Technologies is a high-flying stock that just turned profitable. Its earnings per share may grow rapidly from now on. The run won’t last forever, but it could be good time to jump in while it’s in the early stage of its profit growth. [EARN WHILE YOU LEARN! 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