Jan 16 Market Update The market is mixed - TSM records profit as Apple falls on China news

$BBY $TEAM

Author

Mukund Mohan
January 16, 2025

Market

“Until the inauguration of the President, expect more up and down and sideways action on the market indices” 😊 😋

All markets took a breather, with the move driven by more profit taking

Apple took a 4% hit on news that its marketshare dropped from 17% to 15% in China as local Android manufacturers are taking share. This is not news that’s compelling however, so a move to $216 (200 Day Moving Average) will be a good buying opportunity.

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Insights from the portfolio

$BBY Best Buy Co Inc Deep Dive

Best Buy Co., Inc., founded in 1966 as Sound of Music by Richard M.

stocksmarts.substack.com/p/bby-best-buy-co-inc-deep-dive

Video of the day

Today’s video is on Atlassian $TEAM the SaaS company that helps developer collaboration in enterprises

Deep dive of the day

Atlassian Corporation $TEAM Deep Dive – Investment Literacy Coach

The 2025 update on SaaS application for developer productivity

blog.mukundmohan.online/index.php/2025/01/16/atlassian-corporation-team-deep-dive

Good setups for swing

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