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Aug 27th Stock Market Update - Awaiting Nvidia earnings, markets are muted

Aug 27th Stock Market Update - Awaiting Nvidia earnings, markets are muted

$CLS $ROKU $NU

Mukund Mohan
August 27, 2024

Market

“Ahead of the most important earnings of the season from Nvidia, the markets were fairly muted today, ticking up, but not by much” 🤫 😔

All three indices were up slightly, driven by wait and watch approach

If Nvidia does have a good quarter expect all stocks to go up slightly, but even a small sign of slowing down should cause a large dip with the #AI hype winding down.

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Insights from the portfolio

$CLS Celestica Inc Deep Dive and 2024 Outlook

The contract manufacturer is still benefiting from AI growth

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

Video of the day

Today’s video is on NU Bank $NU, the South American Banking and neo fintech company.

Deep dive of the day

Roku Inc $ROKU Deep Dive – Investment Literacy Coach

The streaming and ad company

blog.mukundmohan.online/index.php/2024/08/27/roku-inc-roku-deep-dive

Good setups for swing

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