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Aug 14th Stock Market Update Inflation cools, and the market likes that

Aug 14th Stock Market Update Inflation cools, and the market likes that

$DBX $LYFT $WING

Mukund Mohan
August 14, 2024

Market

“Annual inflation slowed to 2.9%, the lowest since 2021, which improves the odds for a September rate cut by the Fed.”😊 😋

The Dow went up 200 points while the NASDAQ was mostly muted

I would be starting to look at financial sector stocks $UPST $AFRM $SOFI $HOOD which tend to start performing well, when interest rates decline. This however does not meant they will rocket.

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Insights from the portfolio

$LYFT Lyft Inc Deep Dive and 2024 Outlook

The cup and handle has broken down, making it bearish

stocksmarts.substack.com/p/lyft-lyft-inc-deep-dive-and-2024

Video of the day

Today’s video is on Wingstop $WING the QSR focused on chicken, and growing fast.

Deep dive of the day

Dropbox Inc $DBX Deep Dive – Investment Literacy Coach

The cloud storage company

blog.mukundmohan.online/index.php/2024/08/14/dropbox-inc-dbx-deep-dive

Good setups for swing

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