Jul 16th Stock Market Update - Dow and Small Cap rotation underway

$WING $ABNB $MNDY

Author

Mukund Mohan
July 16, 2024

Market

“The Dow went up 700 points as the small cap index IWM went up 3% for the strong days so far this year. Small caps are still undervalued relative to Mega Cap stocks” 😊😋

The Dow and IWM went up big, but S&P500 and NASDAQ had good closes

The rotation from big technology stocks and mega caps continues as Nvidia, Google and Meta headed lower, but Dow and small cap stocks went higher by a lot.

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Insights from the portfolio

$MNDY Monday.com Ltd Deep Dive and 2024 Outlook

The project management SaaS company is growing faster than peers

stocksmarts.substack.com/p/mndy-mondaycom-ltd-deep-dive-and

Video of the day

Today’s video is on Airbnb $ABNB the leading short term rental company.

Deep dive of the day

Wingstop Inc $WING Deep Dive – Investment Literacy Coach

The chicken QSR

blog.mukundmohan.online/index.php/2024/07/16/wingstop-inc-wing-deep-dive

Good setups for swing

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