Jun 6th Stock Market Update - Gamestop shares up over 40% on the day

$OSCR $CROC $ROOT

Author

Mukund Mohan
June 06, 2024

Market

“Gamestop shares rose 40% on the day as “Roaring Kitty” scheduled a live stream on YouTube for Friday. ” 😊 😋

All 3 indices took a short breather for the day as stocks pursed on the jobs report

Amazon hit a 2% increase as did Tesla, Oracle and Salesforce. SaaS stocks are starting to make a comeback. Watch the mid and large cap SaaS stocks to move higher until next earnings.

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While Nvidia took a breather, the analysts still expect the stock to head higher to $1500 as it overtook Apple as the 2nd most valued company.

Insights from the portfolio

$ROOT Root Inc Deep Dive and 2024 Outlook

The insurance company made a huge move up last year and is consolidating again

stocksmarts.substack.com/p/root-root-inc-deep-dive-and-2024

Video of the day

Today’s video is on Oscar Health $OSCR, a Medicare and health management insurance program

Deep dive of the day

Crocs Inc $CROX Deep Dive – Investment Literacy Coach

The slip on company is heading higher

blog.mukundmohan.online/index.php/2024/06/06/crocs-inc-crox-deep-dive

Good setups for swing

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