August 9 2025
Sorry guys, I forgot to tell you but I am only going to be updating this blog every weekend from now forth. So, let me get you caught up on the market for this week. So- with the market still recovering from a pretty bad week- investors were very cautious for the start of the week. The ISM Services PMI(shows the health of the services sector) released this week and it showed a slowing in the non-manufacturing sector- contributing further to the poor narrative around the economy. Investors were speculating throughout the week about interest rates after comments from officials from the Fed Reserve. An interest rate cut is probably gonna happen in September after poor economic reports over the last two months. All the signs so far point to a highly fluctuating August. Companies like IDEXX Laboratories, Arista Networks and Advanced Micro Devices all had great earning reports- beating expectations or showing signs for a great future. These two factors really helped drive the market up and help the main indexes finish on a high. Report back here Saturday next week to get your report for the upcoming week!
Market Memo 