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Aug 20th Stock Market Update - Stocks take a breather as Palo Alto Networks outperforms

Aug 20th Stock Market Update - Stocks take a breather as Palo Alto Networks outperforms

$SAIA $SHOP $ZI

Mukund Mohan
August 20, 2024

Market

“After 8 consecutive days of gains, the indices took a breather, heading lower on the back of Meta, Exxon and Broadcom. The market is still digesting earnings from the last few weeks” 😒 😯

All 3 indices headed lower, consolidating a week of gains

Nvidia, Apple and Google still strong in the day, while Tesla continues to surprise on the upside, heading towards $235 as I mentioned before.

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Insights from the portfolio

$ZI ZoomInfo Technologies Inc Deep Dive and 2024 Outlook

The stock is reversing from lows, but still is down 90% off the highs

stocksmarts.substack.com/p/zi-zoominfo-technologies-inc-deep

Video of the day

Today’s video is on Shopify $SHOP, the eCommerce and payments company.

Deep dive of the day

Saia Inc $SAIA Deep Dive – Investment Literacy Coach

The less than truckload comapny

blog.mukundmohan.online/index.php/2024/08/20/saia-inc-saia-deep-dive

Good setups for swing

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