The article highlights the performance of several key stocks and sectors as the market faces back-to-back losses. Home Depot has seen a 13.6% increase over the past three months, although it remains 21% below its September 2025 high. BHP's new CEO, Brandon Craig, has seen the stock rise nearly 5% in three months, despite a 6% drop from its June high.
Jim Cramer discussed the DRAM memory stocks, noting that many companies, except Micron, have engaged in significant share buybacks, which may indicate a shift in the typical boom-and-bust cycle due to increased demand from data centers.
Notably, Sandisk's stock has surged 652% this year, while Seagate, Micron, and Western Digital have also posted impressive year-to-date gains, although they are down from their recent highs. The Roundhill Memory ETF has decreased by 25% since June.
Upcoming economic indicators, such as July housing starts and industrial production data, are expected to impact market sentiment, with the Dow Jones consensus predicting a 6.1% drop in housing starts to 1.34 million. Additionally, Klarna's stock has risen 28.6% in three months despite a significant workforce reduction, and Toll Brothers has gained 15% in the same period.
Meta Platforms faces a critical lawsuit in California, contributing to its 28% decline from last September's high. Lastly, gold futures and the VanEck Gold Miners ETF have shown strong monthly performance, with the latter up nearly 29% but still down from its March high