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It’s Thursday and @TopstepTV is LIVE! CPI drops at 7:30 AM CT. 🚨 Don’t trade alone. Follow on X + Subscribe on YouTube. https://x.com/i/broadcasts/1lPKqvgpQDeGb




Palantir CEO Alex Karp takes the stage at AIPCon 8 and outlines what Silicon Valley has gotten wrong about LLMs.




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📊 August Sector Recap From sector performance trends to where the flows went, the latest Sector SPDR Sector Digest Podcast episode breaks down the full month in review.




🚨 @TopstepTV is LIVE! It’s Turnaround Tuesday. Come find out what it means and trade the action with us. Let’s go. Follow us on X & subscribe on YouTube. https://x.com/i/broadcasts/1kvJpMNWOEgxE




Stock Market week in Review: After a slow week, US stocks jumped on Friday after Fed Chair Powell signaled the possibility of a September rate hike. ​ In his annual speech at the Jackson Hole conference, Powell acknowledged the difficulties presented by inflation and a weak labor market. The Fed Chair noted monetary policy could ease up soon, and traders quickly ramped up bets of a 25 bps rate cut in September to 91%. ​ Since last week, major indices have put up good numbers: + The Dow Jones led the way with a 1.49% gain, hitting a record intraday high on Friday, + S&P gained a modest 0.35%, + Nasdaq was down -0.56% for the week ​ Earnings reports from retail giants gave us a peek into consumer spending. $WMT, $LOW, and $HD all saw both revenue and EPS (earnings per share) go up since last quarter. However, Target was down in both measures, but still cleared the expected numbers. ​ Jobless claims came in hotter than expected, with new applications for unemployment benefits jumping to 235,000 (up 11,000 from the week before). ​ In the end, Powell’s reassuring comments calmed investors, with markets now turning their attention to rate policy and the possibility of a broader rally in U.S. stocks.









