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With the first week of August fully behind us now, I've compiled a short list of stocks to watch in August...
That being said, things in the market are becoming more and more muddled. Certains stocks aren't performing the way they should after earnings, China just came out with more devastating news for the U.S. market, and Friday's jobs report is putting a damper on the reinflation trade.
With all that in mind, I was still able to pinpoint some potential winners you'll like.
I also cover how our infrastructure trade has held up over the past week. | | |
| Here's Where I'm Looking | *clicking these links will automatically subscribe you to Joy of the Trade emails
| | | Roger Scott: 2 Staffing Stocks to Target Despite the Bottleneck in Hiring
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| Private employment only increased by 330,000 jobs in July, down from an initial estimate of roughly 700,000. At least, that's what Wednesday's ADP National Employment Report is telling us.
I know we're all wondering what the heck's up with that.
Well, Nela Richardson, chief economist at ADP, noted that the labor market recovery continues to show "uneven progress," and that bottlenecks in hiring are holding back stronger gains in employment.
Here's the bottom line: There's some low-hanging fruit in the staffing industry.
So it's a good thing I managed to get my hands on two staffing stocks set to gain despite the fall in private jobs. | | Don't Miss out | *clicking these links will automatically subscribe you to Roger Scott emails | | |
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While he's helped thousands of people with his trade recommendations, there are some that Future of Wealth Head Trader Lance Ippolito's members can't get in on.
And he feels guilty… but the reality is that price action is volatile.
Sometimes things move too fast.
But he began to wonder if there might be a way to fix that and get traders in on his moves even faster…
And he came up with the Daily Profit Challenge.
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 | 2 Stocks Set to
Profit off Biden's
Big Infrastructure
Spending Plan
| August 5, 2021 | Do you remember the old phrase "buy the rumor, sell the news?" Well, it's going to be a while before the bill gets ironed out. But until then, I've found a few stocks set to take off...
Continue Reading
| |  | 3 Pullback Stocks
as Strong Jobs
Report Increases
Fear of Fed Tapering
| August 6, 2021 | In this video, you'll learn why last week's Fed data is vitally important… which sectors are fragmented the most… and which stocks traders should target now.
Continue Reading
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