April 4 Stock Market Update Dow drops 500 points on March Jobs report (Due tomorrow)

$MMYT $SQSP

Author

Mukund Mohan
April 04, 2024

Market

“A spike in oil prices and March jobs report due Friday renewed fears that the Fed will put off cutting interest rates until later this year ” 😶 🧐 

All indices started strong, but headed much lower. This is a much needed pause

I have been mentioning many short positions that I have which have played out well $SNOW $AAPL $TSLA and $RDDT but I am also being cautious and taking small trades. Manage your exits and risk.

Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.

Subscribe to our research

We offer 2 options - long term or swing research

mukundmohan.online/subscribe

Or subscribe to our daily deep dives

Subscribe to Stock Smarts

Investing and Stock Market Insights. Click to read Stock Smarts, a Substack publication with thousands of subscribers.

stocksmarts.substack.com/subscribe

Except Meta and Tesla most technology stocks headed lower

Nvidia, AMD and Google led the way lower, with many #AI stocks taking a breather.

Insights from the portfolio

$SMCI Super Micro Computer Inc Deep Dive and 2024 Outlook

The server maker has been growing revenues quicker than in the last 3 years

stocksmarts.substack.com/p/smci-super-micro-computer-inc-deep

Video of the day

Today’s video is on Cava Mezze $CAVA a Mediterranean restaurant chain, which is a recent IPO .

Deep dive of the day

Today’s write up is on Sprinklr $CXM a Marketing Social Media SaaS platform.

Sprinklr Inc $CXM Deep Dive – Investment Literacy Coach

Social Media management marketing SaaS

blog.mukundmohan.online/index.php/2024/04/04/sprinklr-inc-cxm-deep-dive

Good setups for swing

$MMYT to $80 by earnings on May 15th - strong pattern

$SQSL to $39 on a strong pattern and wind on $GDDY