Good Morning, Traders!…👋

U.S. stock futures edged higher on Tuesday, building on Monday's record-breaking performance by the S&P 500 and Dow Jones Industrial Average. Both indexes saw modest gains, with the S&P 500 up 0.3%, the Dow adding 0.2%, and the Nasdaq rising 0.1%. These increases continue the momentum from last week’s rally following the Federal Reserve’s half-point interest rate cut, which brought the fed funds rate to a range of 4.75% to 5%.

Rate-sensitive sectors like utilities and financials have benefited from the Fed’s actions, with four sectors in the S&P 500 now outperforming the market in 2024, up from just two sectors in July, according to Bespoke Investment Group.

Traders are looking ahead to fresh economic data, including the Conference Board’s consumer confidence reading for September and the Richmond Fed manufacturing index, both due later today.

Happening Today

✓ 09:00 AM ET – FOMC Member Bowman Speaks

✓ 09:00 AM ET – S&P/CS HPI Composite - 20 n.s.a. (MoM) (YoY) (Jul)

✓ 10:00 AM ET – CB Consumer Confidence (Sep)

✓ 01:00 PM ET – 2-Year Note Auction

✓ 04:30 PM ET – API Weekly Crude Oil Stock

PREMARKET SNAPSHOT📈

Market futures are slightly down, with the S&P 500, Dow, and NASDAQ all showing small declines around 0.05% to 0.06%.

SECTOR SNAPSHOT✨

Today's market showed positive momentum, with Consumer Discretionary leading the gains and Energy also performing well. Financials, Industrials, and Materials posted solid increases, and Real Estate enjoyed a notable uptick. However, Health Care and Information Technology faced slight declines, reflecting some caution in those sectors. Communication Services also dipped slightly, while Utilities showed resilience with a strong increase, contributing to an overall day of mostly positive results.

PreMarket Unusual Volume Stocks

📈 MicroAlgo Inc (MLGO): MicroAlgo Inc saw a sharp increase in trading activity, with the volume rising to 33,259,741 shares, much higher than its average of 18,161,050 shares. This elevated trading led to a 38.00% change in the stock price, suggesting strong market interest.

📈 Interactive Strength Inc (TRNR): Interactive Strength Inc experienced a significant volume jump, trading 9,575,334 shares compared to its average of 2,381,040. This surge in activity contributed to a 76.72% rise in the stock price, reflecting increased investor enthusiasm.

📈 Maison Solutions Inc (MSS): Maison Solutions Inc had its trading volume spike to 5,437,222, far exceeding its average of 329,040. This resulted in a dramatic 113.99% increase in the stock price, indicating robust market activity.

📈 Heart Test Laboratories Inc (HSCS): Heart Test Laboratories Inc recorded a trading volume of 3,513,208, significantly higher than its average of 101,310 shares. This increase in volume coincided with a 52.69% price change, reflecting strong investor interest.

📈 Nukkleus Inc (NUKK): Nukkleus Inc saw its volume rise to 3,286,995 shares, compared to its average volume of 2,360,160. The stock price moved up by 6.96%, indicating moderate market activity.

Premarket Picks

Maison Solutions Inc. (MSS) experienced a significant jump of 104.99%, reaching a pre-market price of $1.51 following the release of its first quarter 2025 financial results.

Interactive Strength Inc. (TRNR) saw its pre-market price rise to $0.37, a 65.95% increase, after announcing that CLMBR has met EU compliance standards, obtained the necessary CE marking, and will start fulfilling orders through exclusive distributors in Germany, Switzerland, and Austria.

Generations Bancorp NY, Inc. (GBNY) climbed 36.59% to a pre-market price of $15.64 after ESL Federal Credit Union revealed its agreement to acquire Generations Bank’s assets and liabilities in an all-cash deal, indicating a strong strategic move for both organizations.

Quantum-Si Inc. (QSI) reported a pre-market price of $0.98, reflecting a 7.69% increase. The company announced an upcoming webinar focused on the integration of top-down mass spectrometry (TD-MS) with its innovative Platinum® instrument.

Below is a list of other hot stocks in pre-market today:

Top Upgrades:

1. Lowe's Companies, Inc. (LOW)

Analyst Firm: Oppenheimer
Upgrade: Perform to Outperform
Price Target: $400
Yesterday’s Close: $262.29

Oppenheimer has upgraded Lowe's Companies, Inc. from Perform to Outperform, raising the price target to $400 from $345. Analyst price targets for Lowe's range from a low of $203.00 to a high of $305.00, with a median of $265.00 and an average target of $259.77.

Lowe’s is a leading home improvement retailer in the U.S., operating over 1,700 stores with a workforce of 300,000 employees. In 2023, the company reported more than $86 billion in sales, serving approximately 16 million customers each week.

2. Ryan Specialty Holdings, Inc. (RYAN)

Analyst Firm: BMO Capital
Upgrade: Market Perform to Outperform
Price Target: $75
Yesterday’s Close: $64.11

BMO Capital’s analyst Michael Zaremski has upgraded Ryan Specialty Holdings, Inc. from Market Perform to Outperform, raising the price target to $75 from $65. Analyst price targets for Ryan Specialty range from a low of $46.00 to a high of $76.00, with a median of $65.00 and an average target of $65.73.

Ryan Specialty provides specialized insurance products and services to brokers, agents, and carriers, functioning as both a wholesale broker and managing underwriter.

3. Walmart Inc. (WMT)

Analyst Firm: Truist
Upgrade: Hold to Buy
Price Target: $89
Yesterday’s Close: $80.33

Truist has upgraded Walmart Inc. from Hold to Buy, increasing the price target to $89 from $76. Analyst price targets for Walmart range from a low of $75.00 to a high of $95.00, with a median of $81.50 and an average target of $82.25.

Walmart is a leading omnichannel retailer, helping customers save money and live better. The company serves approximately 255 million customers weekly through over 10,500 stores and various eCommerce sites across 19 countries.

Happy investing,

Maeve Grace
Editor In Chief
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Important: This newsletter does not provide investment advice. The stocks mentioned should not be taken as recommendations. Your investments are solely your decisions.

Disclosure: I hold no positions in any companies mentioned, either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.