Stock Market Outlook for August 27, 2026
Strong manufacturing economy supporting stocks. We’ll show you where to steer your portfolio.
*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.
Stocks Entering Period of Seasonal Strength Today:
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Stock Highlight: |
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JPMorgan U.S. Value Factor ETF (AMEX:JVAL) Seasonal Chart |
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Investar Holding Corp. (NASD:ISTR) Seasonal Chart
SPDR S&P Transportation ETF (NYSE:XTN) Seasonal Chart
Invesco S&P 500 Revenue ETF (NYSE:RWL) Seasonal Chart
CIGNA Corp. (NYSE:CI) Seasonal Chart
Allison Transmission Holdings, Inc. (NYSE:ALSN) Seasonal Chart
Cementos Pacasmayo S.A.A. (NYSE:CPAC) Seasonal Chart
Genuine Parts Co. (NYSE:GPC) Seasonal Chart
Disclaimer: Comments and opinions offered in this report are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered is believed to be accurate, but is not guaranteed.
The Markets
A battle between strong economic data and an uptick in the cost of borrowing kept stocks capped on Wednesday. The S&P 500 Index was essentially unchanged, continuing to show initial reaction to the upper limit of the consolidation span between 7250 and 7620 that the benchmark broke out from in recent weeks; previous resistance at this upper threshold is being looked to as support. A short-term bull-flag pattern continues to be charted, suggesting further upside to be expected and the retracement towards aforementioned previous resistance at 7620 has alleviated the near-term froth that enticed profit-taking in recent days. The benchmark remains above 20 and 50-day moving averages (~7553), keeping the ball in the bulls court heading into the final days of August. Daily momentum indicators have been rolling over, but they are retaining characteristics of a bullish trend above their middle lines. In the Seasonal Advantage Portfolio that we manage for clients at CastleMoore, we continue to hold an elevated exposure to stocks, aligning with the optimism that the manufacturing economy is expressing. The period of volatility in the equity market through the weeks ahead could start to impose some erratic results (as is presently being seen), but there is some leeway on the calendar before the peak period of weakness rolls around starting in the middle of September. Subscribers can view what we are targeting in our list of market segments to either Accumulate or Avoid.
Today, in our Market Outlook to subscribers, we discuss the following:
- US Durable Goods Orders and the investment implications within
- Semiconductor stocks
- The tailwind for the miners
- Industrial Machinery stocks
- Shipping activity and transportation stocks
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Sentiment on Wednesday, as gauged by the put-call ratio, ended bullish at 0.83.
Seasonal charts of companies reporting earnings today:
S&P 500 Index
TSE Composite
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