- Investment Literacy Coach
- Posts
- Jun 12th Stock Market Update - Fed is not ready to cut rates, but is getting there
Jun 12th Stock Market Update - Fed is not ready to cut rates, but is getting there
$AVGO $GLBE $SEDG
Mukund Mohan
June 12, 2024
Market
“Lower inflation and a Fed mentioning that one rate cut is likely this year sent all markets soaring with Broadcom’s earnings after hours and a 10 for 1 stock split also sending stocks higher after Oracle’s earnings yesterday. ” 😊 😋
The NASDAQ and S&P 500 kicked up a few notches on Oracle, Apple and Nvidia
Most technology stocks including Apple went much higher today, but Nvidia and Broadcom are hitting the higher notes driving all stocks up.
Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.
Technology stocks led the way higher, with Financials still struggling
Broadcom’s 10 for 1 stock split should get stocks to move higher tomorrow as well.
Insights from the portfolio
Video of the day
Today’s video is on Broadcom $AVGO, the semiconductor and infrastructure software company.
