IBD’s Mike Webster and Chris Gessel discuss the expectation breaker last Thursday immediately following a follow-through day on the S&P 500. Lowering our volatility, we’re remaining defensive while staying flexible. Plus, we’ll discuss 50% retracements on the indexes and the signals we’re using to add more exposure. SwingTrader Status Update: August 6, 2024 Hosts: Mike Webster & Chris Gessel Check out SwingTrader here: https://swingtrader.investors.com Get more IBD by subscribing to our channel: https://www.youtube.com/@investorsbusinessdaily Visit our website: https://www.investors.com Like us on Facebook: https://www.facebook.com/investorsbusinessdaily Follow us on Twitter: https://twitter.com/IBDinvestors Follow us on Instagram: https://www.instagram.com/investorsbusinessdaily/ Follow us on StockTwits: https://stocktwits.com/InvestorsBusinessdaily Follow us on LinkedIn: https://www.linkedin.com/company/investors-business-daily Follow us on TikTok: https://www.tiktok.com/@ibdinvestors Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. #InvestorsBusinessDaily #IBD #SwingTrader