TRADE WITH CONVICTION

Tuesday, August 18, 2026
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James McAllister

The Wall Street Veteran

Markets

RTX Wins $22.9 Billion Pentagon Contract as U.S. Missile Demand Accelerates

Raytheon’s $22.9 billion Tomahawk contract could give NYSE-listed RTX greater revenue visibility as …

Aug 17, 2026
Markets

S&P 500’s 6% Record Rally Faces Earnings-Quality Test as Treasury Yields Rise

The S&P 500’s record advance has momentum, but non-operating earnings gains and rising Treasury yiel…

Aug 17, 2026
Markets

AI Momentum Meets Tame Inflation: Can Intel and Nvidia Sustain Wall Street's Rally?

Moderating inflation and AI leadership powered a third weekly gain, but resistance at 7,800 raises t…

Aug 16, 2026
Markets

Reddit Surges 13% as S&P 500 Inclusion Sets Up Index-Fund Buying

Reddit's nearly 13% jump after its S&P 500 inclusion announcement highlights a mechanical catalyst a…

Aug 15, 2026
Markets

S&P 500 Pullback Tests Record-High Breakout as Oil Prices and Weak Sentiment Pressure Stocks

Friday’s pullback puts the S&P 500 breakout under scrutiny as oil, Iran tensions and weaker sentimen…

Aug 14, 2026
Markets

Reddit Jumps 12% on S&P 500 Inclusion as Index Sets Record Above 7,800

Reddit rises 12% on its S&P 500 inclusion, while the index clears 7,800 amid tame inflation, higher …

Aug 14, 2026
Technology

SanDisk’s AI Growth Outlook Sends SNDK Stock Surging at Investor Day

SanDisk’s 2026 Investor Day put AI-driven storage demand at the center of its growth story, winning …

Aug 13, 2026
Markets

Cisco’s 6% Reversal Tests the AI Rally as Nasdaq Momentum Faces a Warning Signal

Cisco’s post-earnings reversal contrasts with resilient AI stocks, raising a momentum-trap question …

Aug 13, 2026
Markets

Wendy’s Stock Surges as Nelson Peltz’s Trian Reportedly Prepares Takeover Bid

Wendy’s stock jumped on reports of a potential Trian takeover bid, but the lack of price or deal ter…

Aug 12, 2026
Markets

StoneX’s Banco Travelex Deal Expands Its Brazil Payments and FX Footprint

StoneX’s Banco Travelex agreement could deepen its Brazil payments and FX presence, with an expected…

Aug 12, 2026
Markets

Nasdaq’s LeveL Markets Deal Expands Its Reach Into Off-Exchange Trading

Nasdaq’s agreement to acquire LeveL Markets could reshape its role in off-exchange equities trading,…

Aug 11, 2026
Markets

H&R REIT’s C$6.7 Billion Takeover Puts Canadian Real Estate Back in Focus

H&R REIT’s proposed C$6.7 billion acquisition could become a landmark TSX transaction and renew atte…

Aug 11, 2026
Markets

Teledyne’s $1.1 Billion Varex Deal Sends VREX Shares Soaring 47%

Teledyne’s $1.1 billion all-cash acquisition of Varex sent VREX shares up 47%, putting merger arbitr…

Aug 10, 2026
Markets

Teledyne’s $1.1 Billion Varex Deal Sends VREX Shares Soaring 47%

Teledyne’s all-cash Varex acquisition sent $VREX sharply higher, spotlighting merger arbitrage, mome…

Aug 10, 2026
Markets

Stocks Hit Records as Weak July Jobs Data Pushes Fed Hike Fears Aside

Weak July jobs data, record options activity and fading Fed hike fears powered a sharp risk-on move …

Aug 9, 2026
Economy

U.S. Jobs Shock Sends Dollar Lower as S&P 500 and TSX Rally on Rate-Hike Repricing

A negative U.S. payrolls report pushed the dollar lower while U.S. and Canadian equities rallied as …

Aug 8, 2026
Markets

Celsius Shares Jump as Rockstar Founder Builds 4.7% Stake and Seeks CEO Role

Rockstar founder Russ Savage controls roughly 4.7% of Celsius and wants to become CEO, creating a cl…

Aug 7, 2026
Markets

Stocks Reclaim Records as Dow Reaches 54,000: What the NFP Report Could Mean for the Rally

The Dow reaches 54,000 as the S&P 500 reclaims a record high, but the upcoming NFP report could test…

Aug 7, 2026
Markets

S&P 500 Nears 7,800 as Nasdaq Leads Rally, but Dot-Com-Era Warning Raises Risk Questions

The US equity rally is broadening, but its speed and technical profile are forcing momentum traders …

Aug 6, 2026
Markets

Dow Tops 54,000 as S&P 500 Reclaims Record High Amid Mideast Optimism

U.S. stocks reached fresh milestones as participation broadened, but Nasdaq weakness and a violent-s…

Aug 6, 2026