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The Week That Was: The Stories That Impacted The Market

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It was quite the busy week in the markets.

Zev Fima, Research Analyst for ActionAlertsPLUS, sat down with:

  • Tony Owusu, Breaking News Reporter for TheStreet
  • Jacob Sonenshine, Reporter for TheStreet
  • Anthony Bonsignore, Research Analyst for CNBC's Mad Money
  • And Jeff Marks, Senior Portfolio Analyst for ActionAlertsPLUS

They broke down everything you need to know about the market rotation, the move in semiconductors, Apple's (AAPL) - Get Apple Inc. Report event, Elliot Managements stake in AT&T (T) - Get AT&T Inc. Report , Fannie Mae  (FNMA) and Freddie Mac  (FMCC) and more. 

Watch the video above to see all that they had to say or check out the links below for more in depth coverage.


To start out the week we had a big rotation take place from growth to value. We saw money flowing out of the high multiple stocks, like in the software and cloud names, and into low multiple stocks, such as in the energy and financials sector.


One previously beat up sector that seemed to benefit from the move out of the high flyers are the Semiconductors

Apple Event

Apple held their much anticipated event in Cupertino, California, where they announced the new iPhone 11 and Apple Watch Series 5, as well as finally gave investors pricing and launch dates for their much anticipated services, Apple Tv+ and Apple Arcade.

Check out the stories below to see where Apple TV+ fits in the streaming wars and what the lower prices for iPhones could mean for the stock.

We also got some analyst notes on a few of the Jim Cramer dubbed WATCH stocks: Wal-Mart (WMT) - Get Walmart Inc. Report , Amazon (AMZN) - Get, Inc. Report , Target (TGT) - Get Target Corporation Report , Costco (COST) - Get Costco Wholesale Corporation Report and Home Depot (HD) - Get Home Depot, Inc. Report .

The Street's Tony Owusu breaks down what Oppenheimer Costco downgrade


Activist Fund Elliott Management took a $3.2 Billion stake in AT&T. This could be good for the company as they have a lot of different assets that need be brought together and Elliott should be able to help make sure they execute and fight for shareholders.

Fannie Mae and Freddie Mac

Also if you missed Jim Cramer's ActionAlertsPLUS Members Only Call you can sign up for a free trial here to get access to get his '5 Rules for Today's Stock Market'

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