We recovered about a third of yesterday’s sharp losses on Tuesday, as the market calmed down a bit from the recent round of tariff hike turmoil. Tech really bounced back after getting beat up on Monday, helping the NASDAQ advance 1.14% (or about 87 points) to 7734.49. The Dow soared more than 350 points at its best, which would have halved the dramatically overdone selloff yesterday. However, it limped into the close and finished with an advance of 0.82% (or 207 points) to 25,532.05. The S&P climbed 0.80% to 2834.41. Under normal circumstances, these were fantastic performances. But they come in the wake of the NASDAQ plunging 3.4% the previous day, while the other two major indices lost more than 2% each. (The Dow plunged 617 points.) So we can forgive investors if they’re a little disappointed that we didn’t get a more robust rebound with higher volume. In addition to just getting a grip after the other day’s wholesale selloff, the market also bounced today because trade talks will continue… though we may have to wait three to four weeks. Nothing is scheduled until President Trump and China President Xi Jinping meeting at the G-20 late next month. However, new meetings could be scheduled before then. Either way, the market still seems to believe that a deal will get worked out at some point, though its more skeptical than ever before and will probably take a breath before getting its hope so high again. Was this a ‘dead cat bounce’? We’ll find out soon enough. The bottom line is that no deal is likely coming in the very near term, so trade headlines will continue to impact the market. Let’s hope we get positive reports more often than not, and that this ongoing conflict doesn’t start to impact our historically strong economy. Today's Portfolio Highlights: Zacks Short List: There was only one swap in this week's adjustment... but it was a big one! The portfolio short-covered Grubhub (GRUB) for a nice return of more than 25% in a little less than three months. The open spot was filled by adding GoDaddy (GDDY). Learn more about this emotion-free portfolio that takes advantage of falling and volatile markets by reading the Short List Trader Guide. Surprise Trader: Now that the market is no longer in freefall, Dave decided it was a good time to buy Boot Barn (BOOT). This Zacks Rank #2 (Buy) western and work-related apparel company has a positive Earnings ESP of 2.6% for the quarter coming on Thursday after the bell. Given its positive earnings trend, the editor thinks BOOT could move sharply higher on a good report. He added the stock on Tuesday with a 12.5% allocation. Read the full write-up for more. Stocks Under $10: Over-The-Top (OTT) and streaming names will be “eating the lunch of the cable companies” moving forward, according to Brian Bolan. You’ve already heard of Roku, but the editor decided to add a smaller, lesser-known player on Tuesday. Telaria (TLRA) is a Zacks Rank #2 (Buy) that offers technology-driven video advertising solutions for advertisers, agencies and publishers. Earlier this month, it reported a beat-and-raise quarter, which included revenue growth of 42% along with a positive earnings surprise. As a result, earnings estimates for this year and next continue to move higher. Read the complete commentary for a lot more on this new addition. All the Best, Jim Giaquinto Recommendations from Zacks' Private Portfolios: Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >> Zacks Investment Research