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.