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- Mar 26th Stock Market Update - Reddit $RDDT is now a Meme stock
Mar 26th Stock Market Update - Reddit $RDDT is now a Meme stock
$MU $DIS
Market
“Reddit $RDDT stock moved up another 15% to $65 and is now valued at $10B for a company doing $800M in revenue and growing at 20% YoY” 🫢 🤯
All major indices took a break from their run up last week, with technology heading lower
Except Tesla, every other technology stock headed lower, led by Nvidia, Meta and Amazon.
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Technology stocks took a breather again, but we are still in an upmarket trend
Insights from the portfolio
Video of the day
Today’s video is on Intel, $INTC, which I am not very positive on for the medium or short term.
Deep dive of the day
Today’s write up is on Digital Ocean, a Cloud Solution IaaS provider.
Good setups for swing
I would still wit for $111 to $115 to go long trade on $MU
$DIS still strong to $126