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- April 11th Stock Market Update - PPI is lower than expected, Amazon CEO says Generative AI is a tailwind
April 11th Stock Market Update - PPI is lower than expected, Amazon CEO says Generative AI is a tailwind
$XOM $AXON
Market
“In his annual shareholder letter, Andy Jassy, CEO of Amazon said he was committed to cutting costs as well as growing revenue. He also mentioned that Generative AI is a huge tailwind for AWS” 🤑 😇
Produce Price Index (PPI) was lower than expected, leading to higher index movements
Apple bounced strongly off its lows, as Amazon hit All-time highs in a day of higher highs for most of the Mag 7.
After testing 3 sessions, I am now ready with my technical analysis course. It will be a 2 day, 1.5 hour each day online live program. You can sign up for the first class to start on April 15th. We can accommodate only 10 people per class. This initial class is only $350 before I increase the price to $500 and then to $1000. Click on the link below to signup.
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Technology led the day in gains, across the board, still strong
Some of the companies that are showing weakness in technology even during this time of moves higher are Lucid $LCID, Rivian $RIVN and Intel $INTC
Insights from the portfolio
Video of the day
Today’s video is on $SAP SAP, the Software company focused on Enterprise Resource Planning.
Deep dive of the day
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Good setups for swing
Stick to $XOM on dip days to $130s
$AXON still strong to $350