Feb 26th Stock Market Update - We get first images from Intuitive's Moon Landing

$DELL $SAP

Market

"Intuitive Machines cargo moon lander called Odysseus returned its first images from the moon after landing last week. The lander carried 12 commercial and government payloads.” 🤩 

Markets took a break today, but there’s little news, so not much action

The market is still on an uptrend, and this is a break from the 21 day moving average. We are still trending up. I wont short this market yet.

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Technology, led by Semiconductors still got a gain

Google cant seem to catch a break, down 4.5% on news of competition from AI startups that seem to be putting it on a back foot. At the same time Tesla finally caught a break from the constant selling. NIO reported good earnings and most EV companies finally got some respite from the constant selling over the last week.

Video of the day

Workday reported earnings that beat expectations, but the stock moved lower by 10%. Worth putting on your watchlist.

Deep dive of the day

Today’s writeup is on Upwork a Freelance platform for work.

Notes from my portoflio

I traded PDD PinDuoDuo which also owns TEMU, but I am not bullish yet on China names.

Good setups for swing

SAP on a new trend line should get to $190+ soon

DELL to $100 on good earnings and strong price momentum