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Which is likely to move the market

Traders work on the New York Stock Exchange on August 16, 2024.

Angela Weiss | AFP | Getty Images

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Here’s what CNBC TV producers were watching as the stock market rallied on Monday and what’s on the radar for the next session.

The gold rush

  • The commodity hit a new high in Monday’s session at $2,549.90.
  • Now it’s up to 8 out of 9 sessions. Thanks to CNBC data team Chris Hayes for the stats and facts.
  • Gold it rose 4.5% in those nine days. Silver is up 8.4% over the same period.
  • The VanEck Gold Miners ETF (GDX) it is up 6.3% in one week and 10% in nine days.
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VanEck Gold Miners ETF Performance in 2024

dollar

  • The dollar index hit its lowest level since January 5 on Monday morning.
  • A weaker dollar is sometimes good for American exporters because their stuff becomes less expensive for overseas buyers.
  • There are plenty of examples of exporters, but Procter & Gamble is one that comes to mind. The stock is up nearly 5% so far in August. The S&P 500 is up about 1.5% in August.

Lowe’s

  • The home improvement company reports quarterly numbers before the bell.
  • The stock is up 5% over the past three months.
  • Lowe’s is up 11% on the year, and the stock is up 7.3% from its March high.
  • Home Depot it is also up 5% in three months. The stock has gained nearly 11% over the past year and is 8.5% off its March high.
  • This is probably not an exact apples-to-apples comparison, but a luxury furniture company RH it’s 30% off its September high. The stock is down 23% in a year.
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RH’s performance in the last year

America Sports

  • CNBC TV’s Brandon Gomez will track the pre-bell numbers from the sporting goods company. America SportsBrands include Salomon, Atomic, Wilson and Louisville Slugger.
  • The stock is down about 24% over the past three months. The stock is 32% off its March 52-week high. Amer, however, rose 12% in one month.
  • Dick’s Sporting Goods is 3% from the June high. Shares are up 16.5% in three months.
  • Sports and outdoor academy it’s 27% off its 52-week high hit in March. The stock is up 3% in three months.

Hawaiian Airlines and Alaska Airlines

Texas Instruments

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Texas Instruments Performance in 2024

Berkshire Hathaway

  • CNBC Flash Desk’s Jill Schneider pointed out that Berkshire Hathaway B shares hit a new high on Monday.
  • Berkshire Hathaway B shares are up 26% in 2024 and up 4.3% in a week.

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