Accelerated Profits Weekly Update (8/31/20)

Your Accelerated Profits Weekly Profit Guide Is Available Online!

Weekly Profit Guide Aug 31, 2020 Dear Savio, August certainly defied expectations and followed the traditional presidential election year trading patterns. All of the major indices posted strong gains in August. And, with both presidential candidates now in full “suck-up” mode, the stock market should continue to meander higher. Part of the August strength can certainly be attributed to the blowout second-quarter earnings season. According to FactSet, 84% of S&P 500 companies crushed analysts’ second-quarter earnings estimates. That was the biggest percentage earnings surprise since FactSet started tracking the data back in 2008. In addition, the V-shaped economic recovery is underway. The biggest sign that the U.S. is starting to stand on firmer ground was the latest productivity data. Believe it or not, U.S. productivity soared at an annual rate of 7.3% in the second quarter, despite the economic shutdowns and the worst quarter for the coronavirus. In today’s Weekly Profit Guide, we’ll review how the stock market performed in August and how the presidential election year is playing into recent strength. We’ll also discuss how our Accelerated Profits stocks were caught up in the recent rotational correction, and I’ll provide updates on two of our Buy list holdings: Quidel Corporation (QDEL) and Meridian Bioscience, Inc. (VIVO). In addition, we’ll take a look at what we can expect from the market in September. The great news is that trading volume will improve, and many fundamentally superior stocks, including our Accelerated Profits stocks, are well-positioned to prosper from quarter-end window dressing. Read more in today's Weekly Profit Guide, online now. Sincerely, Louis Navellier This message was sent on: Aug 31, 2020 08:21:49.297 Website: NavellierGrowth.com Customer Service You can reach us via the following e-mail address: Feedback@InvestorPlace.com, or by calling us at 1-800-219-8592. Copyright © 2020 InvestorPlace Media, LLC. All rights reserved. 9201 Corporate Blvd, Suite 200, Rockville, MD 20850 No portion of the above message may be republished, retransmitted or forwarded without express written consent from InvestorPlace Media, LLC. Violation of this copyright may result in service cancellation and/or collection of full or partial subscription charges from unauthorized users. Use and/or reliance on this service is strictly at the subscriber’s own risk. InvestorPlace Media, LLC will not be liable for the acts or omissions of any third party with regards to delay or non-delivery of the Navellier Accelerated Profits Advisory. InvestorPlace Media, LLC shall not be liable for incidental, indirect, special or consequential damages or for lost profits, savings or revenues of any kind.   To prevent this email message from getting swept up by an overzealous filter, please add our "From" address (Feedback@InvestorPlace.com) to your address book Louis Navellier’s Accelerated Profits is published by InvestorPlace Media, LLC and is a general interest newsletter circulated monthly, which is not liable for the suitability or future investment performance of any securities or strategies discussed. Historical investment return examples given are hypothetical, and not to be taken as representative of any individual’s actual trading experience. For access to our full disclaimer and disclosure policy regarding editor securities holdings, go to www.investorplace.com/disclosures or call 1-800-219-8592.