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- Mar 15th Stock Market Update NAR settles $416M lawsuit over realtor commissions
Mar 15th Stock Market Update NAR settles $416M lawsuit over realtor commissions
$DASH $PLTR
Mukund Mohan
March 15, 2024
Market
"The National Association of Realtors will no longer charge 6% commissions on home sales. Both buyers and sellers can negotiate lower rates in the US” 🫢 🥴
All major indices went between 0.7% and 1% lower
Except NVDA and AMD most of the other mega caps and S&P index companies went lower, across the board.
For the week we are still lower, which is 2 weeks in a row
Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.
For the week, Tech was lower, but Real Estate went lower thanks to the NAR settlement
On the daily chart we are below the 21 day moving average on the NASDAQ, which usually indicates a good time to work on your short positions.
Insights from my portfolio
Video of the day
Today’s video is on Affirm a Buy Now Pay fintech company. I am negative on the stock short term.
Deep dive of the day
Good setups for swing
The market is not cooperating but $DASH should consolidate and get to $135
$PLTR is a good short candidate to $21s