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Aug 8th Stock Market Update - the market is now up for the week after a weak Monday

Aug 8th Stock Market Update - the market is now up for the week after a weak Monday

$DUOL $GTLB $CHWY

Mukund Mohan
August 08, 2024

Market

“Good news on jobless claims going to fewer than 233K meant the market rebounded to above the gap to higher for the week ” 😊 😋

All 3 indices were solidly higher as the market headed for weekly highs

Meta and Nvidia are still the best bets in the market, but Klaviyo rocketed up 30% as did Hubspot on news of a great quarter. Applovin $APP had a great quarter as well and Duolingo.

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Insights from the portfolio

$CHWY Chewy Inc Deep Dive and 2024 Outlook

The ecommerce pet store has tried to correct course, but the stock is under pressure

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

Video of the day

Today’s video is on Duolingo $DUOL the language learning app.

Deep dive of the day

GitLab Inc $GTLB Deep Dive – Investment Literacy Coach

The CI/CD software company

blog.mukundmohan.online/index.php/2024/08/08/gitlab-inc-gtlb-deep-dive

Good setups for swing

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