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Analyst recommends 'high quality' stocks over chasing trends amid August market volatility

  • An analyst suggests investing in "high quality" stocks rather than chasing short-term trends during CNBC Pro Talks event.
  • Companies concerned about potential impact of new weight loss drugs on their businesses.
  • Chip stocks, education stocks, and software stocks predicted to see rallies by analysts.
  • Bitcoin price drops below key level, expected to fall further before rebounding according to analysts.
  • Investors shifting to short-term bond funds as interest rates rise.
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