Day traders are facing increased volatility in the stock market during the summer of 2026, as share prices of several companies, including Space Exploration Technologies Corp. (SPCX) and Lucid Group Inc. (LCID), have dipped significantly. Notably, chipmakers have fallen from their June peaks, contrasting with the performance of certain sectors like oil and gas, which continue to thrive.
Latham Group Inc. (SWIM), the largest supplier of in-ground pools in the U.S., is positioned for resurgence as demand stabilizes after a decline due to rising interest rates. Following a record revenue of $696 million in 2022, Latham’s sales dropped by 27%, but the company expects growth in 2025, with management projecting a 9% increase for 2026. Their stock is particularly highlighted as a strong buy this week, as past data indicates a 35.6% return during this period from July 24 to August 17.
Key figures include CFO Oliver Gloe and Director James Cline recently buying shares valued at $74,000 and $242,000, respectively. This insider buying, coupled with an overall market trend towards fiberglass pools, reinforces the investment potential in Latham amid changing economic conditions.
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