The Nasdaq and S&P 500 retook key technical support and the Dow bounced close to its record high in a solid week of mending for the stock market. The coming week will absolutely revolve around the Federal Reserve's decision on how to move into a historic rate cutting cycle. But the market will also have plenty of side hustles to divide its attention, including earnings from FedEx (FDX) and Lennar (LEN), and a step forward for artificial intelligence products from Dow Jones software leader Salesforce.com (CRM).

Stock Market: Five Issues In Buy Zones

With the stock market rally reviving, a large number of stocks are flashing buy signals. Among those, Meta Platforms (META), Monday.com (MNDY), TJX Cos. (TJX), Royal Caribbean (RCL) and Nvidia chipmaker Taiwan Semiconductor Manufacturing (TSM) are some good names to watch. Meta and Monday.com have both rebounded from their 50-day moving averages, clearing their 21-day lines and short downtrends. Monday.com has a 40% gain so far this year. Meta is up 49%. Royal Caribbean and Taiwan Semiconductor are in classic cup-with-handle bases. Additionally, both are just pennies below their buy points and already flashing aggressive entries. TJX is holding in a buy zone after a test of support.

Economic Calendar: The Rate-Cut Cycle Arrives

The Federal Reserve's Wednesday afternoon policy announcement approaches with a rare degree of suspense. Wall Street odds over the rate decision are completely one-sided. Yet, as of Friday morning, markets see 47% odds of a half-point move to kick off the rate-cutting cycle and 53% odds of a quarter-point cut. That could reflect a lack of consensus within the Fed. The Fed will release quarterly economic projections along with the policy announcement. Stock market watchers currently see 92% odds of at least a full percentage point in rate cuts this year. In the event of a quarter-point move, disappointment could compound if policymakers only signal 75 basis points of rate cuts this year.

Core Inflation Perks Up, Sinking Odds Of Big Fed Rate Cut; S&P 500 Rallies

Artificial Intelligence: Introducing The New AI Agents

With investor expectations for a boost from artificial intelligence ebbing, software maker Salesforce.com aims to win over Wall Street with its next wave of AI products. The company plans to introduce "Agentforce" at its Dreamforce customer conference, which runs from Tuesday through Thursday. Salesforce and other software makers have marketed conversational AI chatbot interfaces called copilots. However, they've yet to produce much revenue, and Salesforce stock has lagged. The AI agent technology aims at automating routine business tasks and providing business guidance. The AI agents will tap Salesforce's database of customer information as well as data from partners.

Salesforce Reboots Artificial Intelligence Strategy. Are AI Agents The Answer?

Stock Market Earnings: Lennar Rallies Into Q3 Report

Earnings season slows to a crawl in the coming week, with FedEx, Darden Restaurants (DRI) and homebuilder Lennar headlining the stock market earnings calendar. Lennar is up 24% year to date. Meanwhile, analysts call for a 6% EPS decline and slower sales growth in the Friday report. The Fed's rate-cut decision is also likely to influence the stock. FedEx is up 13%. It faces expectations for earnings growth to slow to 6%.

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