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- April 9th Stock Market Update - Hedge funds are selling stock at the fastest pace
April 9th Stock Market Update - Hedge funds are selling stock at the fastest pace
$AMZN $INFA
Mukund Mohan
April 09, 2024
Market
“Hedge funds are dumping stocks at the fastest pace in 3 months. “Smart money” has stepped up bearish wagers in the recent pullback” 🥵 😶
Markets took a breather again. Setting up for a loss before bank earnings
On news of $GOOGL, $MSFT and $AMZN building their own GPU And chipsets, $NVDA Nvidia took a 3% tumble, but still recovered from a 5% drop.
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
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Tech was mostly flat, but for Nvidia
Google is at all-time-highs as their cloud conference kicked off yesterday. Cisco $CSCO And Adobe $ADBE both got upgrades.
Insights from the portfolio
Video of the day
Today’s video is on Ulta Beauty, $ULTA a retailer of beauty and fashion products in the US.
Deep dive of the day
Today’s write up is on Celestica, $CLS a electronics contract manufacturer.
Good setups for swing
$AMZN should get to $200 most likely after earnings
$INFA to $40 by earnings on April 24