Remember, we need your input to make next week's new Zacks Ultimate Strategy Session episode the best it can be. There are two ways you can participate: 1) Zacks Mailbag: In this regular segment, Sheraz Mian will answer your questions ranging from current market conditions, general investing wisdom, usage of the Zacks Rank or any resources of Zacks.com and more. Pretty much anything goes. 2) Portfolio Makeover: Sheraz Mian and Neena Mishra, CFA, FRM, will review a customer portfolio to give feedback for improvement. No need to send us personal information such as dollar value of holdings. Simply email us with all of the tickers you own. Just make sure to email your submissions for either one, or both, by Thursday morning, August 2. Email now to mailbag@zacks.com. There must be some rule against having more than one good trade headline a week. Just a day after stocks jumped on rumors of talks between the U.S. and China, the White House is now reportedly looking into raising tariffs to 25% from 10% on $200 billion worth of Chinese imports. Needless to say, the market was not thrilled. However, the NASDAQ continues to slowly recover from its three days in the dungeon following the Facebook selloff. In fact, the tech-heavy index was the only member of the Big 3 to finish in the green on Wednesday. It rose 0.46% to 7707.3, thanks in large part to a nice 5.9% jump in Apple shares after its solid report yesterday. The index improved about 1% in the past two sessions…only about 3% left to go to make up for last week’s “tech wreck”. The Dow, though, really didn’t like the trade news and it slipped 0.32% to 25,333.8. The S&P was off 0.10% to 2813.4. Both indices started the day on the plus side, but couldn’t hold it throughout the session. Fortunately, the Fed didn’t throw any surprises during their meeting or things could have been worse. Jerome Powell & Friends kept rates unchanged, said the economy was strong, and let it be known that more hikes are on the way. Also, the ADP employment report was better than expected with 219,000 jobs being added in July. The big Employment Situation Report from the BLS is coming on Friday. In the portfolios, Home Run Investor and Momentum Trader each sold positions for double-digit returns and replaced them with new buys. The Surprise Trader also picked up a new name that has an impressive Earnings ESP for an upcoming report. Read all about it in the highlights section below: Today's Portfolio Highlights: Surprise Trader: For three quarters in a row now, Star Bulk Carriers (SBLK) has sailed along with positive earnings surprises. Dave expects this voyage will continue when this shipping company reports again on Tuesday after the bell. Shares have trended higher since bottoming out in mid-2016 and the company has a positive Earnings ESP of 19.4% for the upcoming quarterly report. The editor likes what he sees and added SBLK on Wednesday with a 12.5% allocation. Read more in the full write-up. Home Run Investor: This is one of those rough earnings seasons where stocks that meet or even slightly beat expectations are getting pummeled. Only companies that crush estimates are being rewarded. In such an environment, Brian Bolan decided to sell pollution control company Tetra Tech (TTEK) to protect its more than 15% profit before the earnings report tonight. The stock was a Zacks Rank #2 (Buy) when added in mid-May, but today it is a Zacks Rank #4 (Sell). The new buy is Turtle Beach (HEAR), which should be really familiar to you since Dave added it Surprise Trader just yesterday. So what is it about this maker of premium headsets that has caught the attention of TWO editors? It’s that Earnings ESP of over 57% for the quarter coming after the close next Monday. Brian thinks HEAR is all set for a nice beat next week…just as its done in three of the last four quarters. The editor wouldn’t be surprised to see this growth story trade up to $35-$40 in the next few months. Read the full write-up for more on today’s moves. Momentum Trader: It’s pretty rare for a company to get straight ‘As’ in the Zacks Style Scores for Value, Growth and Momentum…but Dave found one. PCM Inc. (PCMI) is a Zacks Rank #1 (Strong Buy) technology solutions provider that has been reaching new 52-week highs since its last earnings report, which included a positive earnings surprise of about 49%. The editor added PCMI today with a 12.5% allocation in hopes that this momentum can continue. In order to make room, Dave sold the remaining half of his Natural Grocers (NGVC) position for a 13.9% return, which is about the same profit that the first half generated when it was sold a month ago. Read the full write-up for more. 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