The Club's 10 things to watch Friday, August 18 1. Stocks are poised to open lower Friday, putting the S & P 500 on track for its third-straight week of losses. This is certainly a moment for investors to exercise patience, as we noted during the Investing Club's Monthly Meeting on Thursday. Meanwhile, the market is finally in oversold territory, per the S & P 500 Short Range Oscillator. 2.
Will there be fireworks tonight after the closing bell when Club name Palo Alto Networks reports its earnings and provides an update on its medium-term targets? There's universal caution here, even with the stock down more than 18% this month, but the market will have a full weekend to digest whatever the cybersecurity leader has to say. 7. Deere & Co. posts a big EPS beat of $10.20, compared with analysts' forecasts for $8.19 a share, while raising its full-year outlook. 8.
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