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Mar 28th Stock Market Update - S&P 500 heads to a best First Quarter close since 2019

Mar 28th Stock Market Update - S&P 500 heads to a best First Quarter close since 2019

$PNC $COF

Mukund Mohan
March 28, 2024

Market

“For the quarter S&P500 index is up about 10% the BEST first quarter performance in nearly 5 years. Dow is up 5.6% for Q1 and NASDAQ up 9.1% during the same period” 😂 🤪

All indices were modestly up for the day, but for the quarter a strong beginning

RH Restoration Hardware and Double Verify (which we covered 2 weeks ago went up over 17% and 6% on the day.

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Technology stock were little unchanged

No major news to end the month, means range bound price action.

Insights from the portfolio

$LOW Lowe's Companies Inc Deep Dive and 2024 Outlook

The home improvement retailer is regaining customers after a strong Covid and downturn after that

stocksmarts.substack.com/p/low-lowes-companies-inc-deep-dive

Video of the day

Today’s video is on PDD PinDuoDuo and is for members only.

Deep dive of the day

Today’s write up is on Remitly global a remittance company and fintech provider.

Remitly Global Inc $RELY Deep Dive – Investment Literacy Coach

Remitly is a global remittance fintech leader

blog.mukundmohan.online/index.php/2024/03/28/remitly-global-inc-rely-deep-dive

Good setups for swing

$PNC heading to $168 then to $176 PNC bank

$COF heading to $162 Capital one