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- Jun 17th Stock Market Update - the party continues in technology stocks
Jun 17th Stock Market Update - the party continues in technology stocks
$MSFT $KVYO $FSLY
Mukund Mohan
June 17, 2024
Market
“XLK The SPDR technology ETF that tracks stocks in the sector got a major update with $NVDA & $MSFT making up 20% of the ETF while $AAPL falling to under 5%” 🤔 😏
All 3 indices continue their march up surprisingly, which was not expected
I expected a move lower this week, so my only long for a trade was one stock but that did very well, but I was surprised by the higher move on the large and mega cap technology stocks.
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Apple, Broadcom and Microsoft drove the index higher
Microsoft is near all-time-highs as is Apple, Broadcom and Costco. This is fairly unprecedented.
Insights from the portfolio
Video of the day
Today’s video is on Microsoft, $MSFT the Cloud and Office leader.
