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Daily Brief2026-08-18 ยท Risk-Off
Nasdaq -1.33%SENSEX -0.36%S&P 500 -0.69%NIFTY 50 -0.32%Dow Jones -0.22%TSX Composite -0.82%
  • Global equities exhibited broad risk-off sentiment ahead of the close, with the tech-heavy Nasdaq leading declines at -1.33%, Canada's TSX dropping -0.82%, and Indian benchmarks easing roughly -0.3%.
  • Defense and aerospace sectors showed strong relative strength across US and Indian markets, underpinned by robust quarterly execution at HAL and geopolitical order backlog growth for RTX.
  • Energy and pipeline operators including ExxonMobil, Canadian Natural Resources, and Enbridge saw positive sentiment driven by tight crude supply and resilient cash generation.
  • Semiconductor and mega-cap tech names faced valuation headwinds, resulting in a cautious to bearish stance across hardware and chipmakers despite secular AI demand.
  • Key catalysts to watch tomorrow include ongoing energy market volatility tied to Middle East tensions, interest rate expectations, and follow-through on defense and industrial earnings.
2026-08-18
Technology
10picks
Consumer
6picks
Energy
5picks
Healthcare
4picks
Financials
3picks
Materials
2picks
Industrials
2picks
Communication
2picks

Screened Stocks

SectorMarketSignal
ITC.NS2d streak
ITC Limited
Consumer๐Ÿ‡ฎ๐Ÿ‡ณ India273.050.8x35Broke below its 52-week low on light volumeBearishAvoid
POWERGRID.NS6d streak
Power Grid Corporation of India Ltd
Utilities๐Ÿ‡ฎ๐Ÿ‡ณ India268.000.8x34Oversold bounce confirmed as RSI crossed back above 30.BullishBuy
IRFC.NS2d streak
Indian Railway Finance Corp Ltd
Financials๐Ÿ‡ฎ๐Ÿ‡ณ India86.110.8x34Broke down to hit a new 52-week low.BearishAvoid
ARM
Arm Holdings plc
Technology๐Ÿ‡บ๐Ÿ‡ธ US253.321.2x42Gapped down 5.6% at the open and extended losses to 6.7% on above-average volume.BearishAvoid
AMAT3d streak
Applied Materials, Inc.
Technology๐Ÿ‡บ๐Ÿ‡ธ US514.331.1x47Gapped down 5.2% at the open on moderate volume amid broad semiconductor weakness.NeutralWatch
SAP.TO3d streak
Saputo Inc.
Consumer๐Ÿ‡จ๐Ÿ‡ฆ Canada42.681.9x60Trading volume spiked to 1.9x average keeping price action neutral around RSI 59.7.NeutralWatch
AVGO3d streak
Broadcom Inc.
Technology๐Ÿ‡บ๐Ÿ‡ธ US392.991.7x47High selling volume 1.7x average led a 5.9% decline with RSI cooling to 46.5.BullishBuy
MDT3d streak
Medtronic plc
Healthcare๐Ÿ‡บ๐Ÿ‡ธ US91.271.2x71RSI crossed into overbought territory at 71.1.NeutralWatch
SMCI5d streak
Super Micro Computer, Inc.
Technology๐Ÿ‡บ๐Ÿ‡ธ US37.310.6x63Gapped down 3.0% at open while maintaining elevated RSI levelsNeutralWatch
AEM.TO4d streak
Agnico Eagle Mines Limited
Materials๐Ÿ‡จ๐Ÿ‡ฆ Canada258.850.7x71RSI entered overbought territory at 70.9 alongside a 2.9% price increase.BullishWatch
BKNG2d streak
Booking Holdings Inc.
Consumer๐Ÿ‡บ๐Ÿ‡ธ US212.060.7x69RSI moderated below overbought levels down to 68.6.BullishBuy
MU
Micron Technology, Inc.
Technology๐Ÿ‡บ๐Ÿ‡ธ US934.460.7x52Gapped down 5.4% at open during semiconductor market pullbacksBearishWatch
DLF.NS
DLF Ltd
RealEstate๐Ÿ‡ฎ๐Ÿ‡ณ India665.751.9x56High volume spike reaching 1.9 times the 20-day average during a minor price dip.NeutralWatch
GRASIM.NS2d streak
Grasim Industries Limited
Materials๐Ÿ‡ฎ๐Ÿ‡ณ India3250.501.9x55Trading volume spiked to 1.9x the 20-day average during a flat consolidation session.BullishWatch
HAL.NS5d streak
Hindustan Aeronautics Limited
Industrials๐Ÿ‡ฎ๐Ÿ‡ณ India5059.001.6x76Broke out to a new 52-week high backed by 1.6x average trading volume and overbought momentum.BullishBuy
DOL.TO2d streak
Dollarama Inc.
Consumer๐Ÿ‡จ๐Ÿ‡ฆ Canada191.580.8x55Formed a bullish golden cross as 50-day moving average crossed above 200-day moving average.BullishBuy
MRK4d streak
Merck & Co., Inc.
Healthcare๐Ÿ‡บ๐Ÿ‡ธ US136.750.2x70RSI entered overbought territory at 70.3 as the stock broke above its 52-week high.BullishBuy
BLK4d streak
BlackRock, Inc.
Financials๐Ÿ‡บ๐Ÿ‡ธ US1173.730.8x69RSI cooled below 70 to 69.1 following a minor pull-back.BullishBuy
SCHW5d streak
The Charles Schwab Corporation
Financials๐Ÿ‡บ๐Ÿ‡ธ US111.090.8x76Broke above 52-week high driving RSI into overbought levels at 76.4.BullishWatch
PANW2d streak
Palo Alto Networks, Inc.
Technology๐Ÿ‡บ๐Ÿ‡ธ US384.270.7x66RSI cooled below 70 to 65.5 amid a 3.0% decline.BullishBuy
ROKU2d streak
Roku, Inc.
Communication๐Ÿ‡บ๐Ÿ‡ธ US157.680.7x78Broke above 52-week high with RSI accelerating to 78.1.BullishWatch
CVE.TO3d streak
Cenovus Energy Inc.
Energy๐Ÿ‡จ๐Ÿ‡ฆ Canada44.700.2x68Broke above 52-week high with a 4.6% open gap up and RSI near 67.9.BullishBuy
RIVN2d streak
Rivian Automotive, Inc.
Consumer๐Ÿ‡บ๐Ÿ‡ธ US14.560.3x38Gapped down 5.1% at open with RSI dropping to 38.2.BearishAvoid
JNJ
Johnson & Johnson
Healthcare๐Ÿ‡บ๐Ÿ‡ธ US270.600.6x66Broke above 52-week high supported by regulatory approval catalystsBullishBuy
PFE
Pfizer Inc.
Healthcare๐Ÿ‡บ๐Ÿ‡ธ US27.260.6x71RSI reached overbought territory at 71.2 during recent sector rotationBullishWatch
RTX
RTX Corporation
Industrials๐Ÿ‡บ๐Ÿ‡ธ US225.490.7x72Hit a new 52-week high with the daily RSI crossing into overbought territory above 71.BullishWatch
ONGC.NS2d streak
Oil and Natural Gas Corporation Limited
Energy๐Ÿ‡ฎ๐Ÿ‡ณ India238.492.2x42Surged on heavy volume at 2.2x the 20-day average while consolidating above key moving averages.BullishBuy
META
Meta Platforms, Inc.
Communication๐Ÿ‡บ๐Ÿ‡ธ US543.671.6x36Fell 4.5% on 1.6x average volume, pushing momentum toward oversold levels.BearishWatch
HD
The Home Depot, Inc.
Consumer๐Ÿ‡บ๐Ÿ‡ธ US337.491.6x47Consolidated on elevated volume at 1.5x the 20-day average near neutral momentum levels.NeutralWatch
ADI
Analog Devices, Inc.
Technology๐Ÿ‡บ๐Ÿ‡ธ US376.631.5x47Sank 3.5% on 1.5x average volume, reflecting broader semiconductor sector weakness.NeutralWatch
ENB.TO
Enbridge Inc.
Energy๐Ÿ‡จ๐Ÿ‡ฆ Canada71.411.4x36Rebounded off oversold territory as the RSI crossed back above 30 on 1.4x average volume.BullishBuy
XOM
Exxon Mobil Corporation
Energy๐Ÿ‡บ๐Ÿ‡ธ US165.561.4x72Advanced 2.5% on 1.4x volume, pushing the RSI into overbought territory at 72.4.BullishWatch
CNQ.TO2d streak
Canadian Natural Resources Limited
Energy๐Ÿ‡จ๐Ÿ‡ฆ Canada68.991.1x68Broke out to a new 52-week high with positive momentum nearing overbought levels.BullishBuy
INTU3d streak
Intuit Inc.
Technology๐Ÿ‡บ๐Ÿ‡ธ US350.411.0x64Gapped up 3.8% at the open and closed up 4.4%, breaking above short-term resistance.BullishBuy
INTC
Intel Corporation
Technology๐Ÿ‡บ๐Ÿ‡ธ US96.681.0x45Gapped down 4.2% at the market open and slumped 6.6% on average volume.BearishAvoid
KLAC
KLA Corporation
Technology๐Ÿ‡บ๐Ÿ‡ธ US194.791.0x45Gapped down 5.1% at open and closed lower, showing broad-based semiconductor equipment weakness.NeutralWatch
Utilities
1pick
RealEstate
1pick
AI Track Recordlast 90 days
Buy avg 7d
+0.3%
Buy avg 30d
+1.5%
Buy win rate
50%7d > 0
Sample size
914picks evaluated

Avoid picks averaged +1.9% over 7d.

Past performance โ‰  future results.