Strategy After Rate Cuts: Best Areas to BUY!

Mary Ellen McGonagle, MEM Edge Report, views the broader markets after last week's rate cut induced rally. She also shares stocks that are breaking out of bases and are poised to trade higher. The "nuclear renaissance" was also discussed as well as stocks that will benefit the most.

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00:00 - Welcome!
00:50 - Headline News: Retail Sales, Core PCE, PMI, GDP
01:42 - S&P 500 Index ($SPX), Nasdaq Composite ($COMPQ)
03:04 - S&P Sectors: XLU, XLI, XLC, XLK, XLB, XLE
06:46 - ETFs: Homebuilders (XHB), Russell 2000 (IWM)
08:28 - S&P Retail (XRT), Tech-Software (IGV), Regional Banks (KRE)
10:03 - Semiconductor ETF (SOXX), Nvidia (NVDA), Volatility ($VIX)
12:00 - DOW Components: IBM, HD, NKE, CSCO, CAT
15:59 - Walmart (WMT), McDonalds (MCD)
17:16 - META Platforms (META), GE Aerospace (GE)
21:38 - Constellation Energy (CEG), Vistra Energy (VST)

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❗️DISCLAIMER
Past performance is not indicative of future results. Neither the Show Participants
Strategies or investments discussed may fluctuate in price or value.

Investments or strategies mentioned in this show may not be suitable for you and
you should make your own independent decision regarding them. This material
does not take into account your particular investment objectives, financial situation
or needs and is not intended as recommendations appropriate for you.

You should strongly consider seeking advice from your own investment advisor

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[StockChartsTV]

👀 See what better financial charting can do for you!
👍🏻 If you enjoyed this video be sure to hit the THUMBS UP

[johntynio]

Fabulous report! Mary Ellen McGonagle sure knows how to read the charts! Thanks StockCharts TV!

[peterpayne]

Been a fan and a sub subscriber for a long time, thank you!

[michaelh.]

Bravo; great show, a lot of useful information...

[clinto]

Aloha from Kauai The Garden Island, any thoughts on Fedex, FDX, seen a option price which to risk, a put option, it had corrected from CEO/forecast/rate cute. dropped 15%. what is the possibility/risk of dropping another 15% within a month or two! Aloha! and Mahalo

[beautifulpeopleonearth]

The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

[johnheflebower]

Ellen I thought you’d want to take a look at a good chart which has recently broken out. I love this stock because it’s universally hated, PCG
With its proximity to Silicon Valley and certainly expected increased dividends I think it’s with a look.

[michaelkahn-way]

Thank you very much my brother I'm balls deep in Velo got in at a great price!

[ThrowBackZone]

What’s your take on Nvidia's future? Is it time to hold or fold? 🧐💔

[floydchusset]

Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE

[AngelEyes-xmel]

Don't buy. Let the house prices crash. Your insurance and taxes will be outrageous.

[graceimson]

🎉❤🎉 but i bought 5K nvda ave @ $136.38