Brianne Gardner's Top Picks: August 28, 2023

Top picks from Brianne Gardner, senior wealth manager, Velocity Investment Partners, Raymond James

FOCUS: North American large-cap stocks 

MARKET OUTLOOK:

Much like last August, the market seemed to get a little ahead of itself. The S&P 500’s upward trend that started 10 months ago has not been broken but this pullback could swing the other way a little deeper. The index is now trading below its 50-day moving average, something that hasn’t happened since March of this year.