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NYSE trader: Stocks could drop in August

Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves. Here's the performance of select trending stocks as of 3:00 pm ET: CGC(HB) Canopy Growth 4.03% CVS CVS Health Corp 3.69% GEVO(HB) Gevo Inc 2.58% BB(HB) BlackBerry Ltd 2.44% FIT Fitbit Inc 2.25% ACBFF(HB) Aurora Cannabis Inc 2.13% ARWR(0) Arrowhead Pharma Inc 1.46% LRCX Lam Research 1.19% PFE Pfizer Inc 0.95% GOOGL Alphabet Inc Cl A 0.94% NVDA Nvidia Corp 0.92% AMZN Amazon.com Inc 0.89% SIRI Sirius XM Hldgs Inc 0.80% GOOG Alphabet Inc Cl C Cap Stock 0.88% BILI(HB) Bilibili Inc ADS 0.79% C Citigrp Inc 0.70% BAC Bank of America Corporation 0.67% FB Facebook Inc 0.61% AMAT Applied Materials 0.42% CRM salesforce.com Inc 0.43% JCP(HB) Penney (J.C.) 0.42% JPM JPMorgan Chase & Co 0.37% WFC Wells Fargo 0.34% HD Home Depot Inc 0.31% VZ Verizon Communications 0.29% T AT&T Inc 0.29% SHOP Shopify Inc 0.29% PBR Petroleo Brasileiro S.A. ADS 0.16% HMNY(HB,F) Helios and Matheson Analytics 0.14% MSFT Microsoft Corp 0.14% ADBE Adobe Systems 0.12% AVGO Broadcom Inc 0.06% PYPL PayPal Hldgs Inc 0.08% AAPL Apple Inc 0.01% QQQ Invesco QQQ Trust Series 1 0.02% KMI Kinder Morgan Inc -0.03% CSCO Cisco Systems -0.02% CELG Celgene Corp -0.02% ORCL Oracle Corp -0.08% ABBV AbbVie Inc -0.11% V Visa Inc -0.06% SPY SPDR S&P 500 ETF -0.14% QCOM Qualcomm Inc -0.15% INTC Intel Corp -0.17% MU Micron Tech -0.14% F Ford Motor -0.20% TVIX(HB) VS 2X VIX Short Term -0.19% NKTR(0) Nektar Therapeutics -0.27% JNJ Johnson & Johnson -0.30% PG Procter & Gamble Cc -0.35% WMT Wal-Mart Stores -0.37% BP BP P.L.C. ADS -0.38% NKE Nike Inc Cl B -0.41% IBM Intl Business Machines Corp -0.43% SQ Square Inc -0.42% KO Coca-Cola Co -0.43% VXX iPath S&P 500 VIX Short-Term -0.42% AMD Advanced Micro Devices Inc -0.49% UVXY ProShs Ultra VIX Short-Term -0.25% NFLX Netflix Inc -0.47% SDRL(HB) Seadrill Limited -0.50% BIDU Baidu Inc -0.62% BA Boeing Co -0.64% CVX Chevron Corporation -0.80% XOM Exxon Mobil -0.81% JD JD.com Inc -0.88% BABA Alibaba Group Holding Ltd -0.92% GE General Electric Co -0.99% GILD Gilead Sciences -1.00% CMCSA(HB) Comcast Cl A -1.09% SRPT Sarepta Therapeutics Inc -1.12% SBUX Starbucks Corp -1.23% TSLA(HB) Tesla Inc -1.17% CHK Chesapeake Energy Corp -1.28% WBA Walgreen Boots Alliance Inc -1.29% TWTR Twitter Inc -1.32% SOGO(HB) Sogou Inc -1.40% CAT Caterpillar Inc -1.40% MO Altria Grp -1.58% TEVA Teva Pharm Indus ADR -1.70% DBX Dropbox Inc -1.82% IQ IQIYI Inc ADS -2.01% RAD Rite Aid -2.33% DIS Disney (Walt) Co -2.06% ROKU Roku Inc Cl A -2.24% HUYA(HB) HUYA Inc -2.62% GERN(HB) Geron Corp -2.44% X U.S. Steel Corporation -2.59% SNAP(HB) Snap Inc -6.02% TRXC(HB) TransEnterix Inc -7.98%