| | | | New Highs… But Not Everywhere. Here’s Our Map August In The Books. What September Might Bring
August ended with mixed signals. The S&P 500 tagged fresh highs, but the NASDAQ didn’t confirm, the Dow didn’t confirm, and small caps were still well below their peaks. Under the hood, equal-weight was soft even while the headline index looked fine. That kind of split often leads to a slower, choppier start to the next month. You also saw the “buy the rumor, sell the news” dynamic in real time. NVIDIA spent a week running into its report… then gave it back. It wasn’t a disaster — it was a reminder to let price confirm and keep risk tight when a crowded story gets noisy. How we’re approaching the first few sessions: | | • | | Breadth first. If more stocks begin to participate (equal-weight firming), the path of least resistance improves.
| | | • | | Confirmations matter. When multiple indexes make new highs together, trends travel farther. When they don’t, we favor base hits over big swings.
| | | • | | Defined risk. In chop, small debit or credit spreads beat guess-and-hope trades. |
None of this requires a crystal ball. It’s just a map: watch equal-weight vs. cap-weight, look for confirmation across indexes, and size appropriately until the tape proves itself. Enjoy Labor Day — markets are back tomorrow. We’ll be ready with more actionable market insights and defined-risk trade ideas. To your prosperity, The ProsperityPub Team | | | | |
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