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Aug 2nd Stock Market Update - Big hit to stock market on cooling jobs market

Aug 2nd Stock Market Update - Big hit to stock market on cooling jobs market

$MNDY $AMZN $MTCH

Mukund Mohan
August 02, 2024

Market

“A weaker than expected jobs market with 114K jobs added and the unemployment rate rising to 4.3% led all 3 markets lower for the day” 😶 😒

The Dow was down over 600 points and NASDAQ down over 400

A weak earnings report from Amazon and a poor earnings report from Intel, led the market lower big, but MELI, NET and DASH did very well. Twilio seems to be on the right path up again.

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Insights from the portfolio

$MTCH Match Group Inc Deep Dive and 2024 Outlook

Match Group Inc.

stocksmarts.substack.com/p/mtch-match-group-inc-deep-dive-and

Video of the day

Today’s video is on Amazon $AMZN the eCommerce store and AWS creator.

Deep dive of the day

Monday.com Ltd $MNDY Deep Dive – Investment Literacy Coach

The project management and SaaS company

blog.mukundmohan.online/index.php/2024/08/02/monday-com-ltd-mndy-deep-dive

Good setups for swing

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