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Jun 11th Stock Market Update - What to expect with inflation data and Fed meeting tomorrow

Jun 11th Stock Market Update - What to expect with inflation data and Fed meeting tomorrow

$FSLR $ORCL $DDS

Mukund Mohan
June 11, 2024

Market

“Markets are expecting a neutral consensus view from the Fed on interest rates and a further softening of inflation data for tomorrow’s results. Expect little change to the market until data is released” 😶 😮‍💨

Good strong movement from Apple lifted S&P500 and NASDAQ

NASDAQ moved much higher on the back of a 7% higher move by Apple on news of their AI strategy, while the Mag 7 continued their march upwards.

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Strong performance by technology stocks on Apple move

Financials still struggling relative to the market, but Oracle results post market should move NASDAQ higher tomorrow.

Insights from the portfolio

$FSLR First Solar Inc Deep Dive and 2024 Outlook

First Solar, Inc. is a leading American solar technology company founded in 1999. The company is headquartered in Arizona and has a global presence, with manufacturing facilities in the United States, India, Malaysia, and Vietnam.

stocksmarts.substack.com/p/fslr-first-solar-inc-deep-dive-and