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  • Aug 4th Stock Market Update - The market is digesting the drop, but in a good place to buy the dip

Aug 4th Stock Market Update - The market is digesting the drop, but in a good place to buy the dip

$ESTC $HCP $CELH

Market

“Any good dip of 10% will be bought in this market, which should head higher, although with a few bumps along the way” 😊 😋

A mixed day early AM in the market, with some indices up, but largely down

While Dick’s Sporting Good $DKS reported good earnings, Dollar General, $DG had a rough time, getting to 52 Week lows and 5 year lows as well. The market is still mixed with some retail names strong such as CAVA.

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Insights from the portfolio

Video of the day

Today’s video is on Elastic $ESTC the data search and analytics company.

Deep dive of the day

Good setups for swing