Dec 16 Market Update - Bitcoin hits $107K as Nvidia takes a breather

$LUV $SQ $AVGO

Author

Mukund Mohan
December 16, 2024

Market

“The trade until the end of the year is still #BTC, with Nvidia taking a break and moving to 10% off the highs - technically in a correction zone” 😊 😋

The Dow continued to correct as NASDAQ headed higher on AVGO and Google

Broadcom went higher on several upgrades from analysts and strong 2025 guidance. The news that Google has new AI models that compete well against OpenAI and that their GPU competitor to Nvidia is still in the works (quantum chip) drove shares higher.

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Insights from the portfolio

$LUV Southwest Airlines Company Deep Dive and 2024 Outlook

The airline has been in a slump. Will 2025 be better?

stocksmarts.substack.com/p/luv-southwest-airlines-company-deep

Video of the day

Today’s video is on Broadcom $AVGO the AI semiconductor and software company.

Deep dive of the day

Block Inc $SQ Deep Dive – Investment Literacy Coach

The SMB payments company

blog.mukundmohan.online/index.php/2024/12/16/block-inc-sq-deep-dive

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