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May 16th Stock Market Update - Walmart rockets higher on eCommerce growth & terrific earnings

May 16th Stock Market Update - Walmart rockets higher on eCommerce growth & terrific earnings

$MDB $DKNG $FTAI

Mukund Mohan
May 16, 2024

Market

“Walmart surged up 7% to all-time-highs as it reported 22% growth in eCommerce revenue and $161B in total revenue vs $159B expected” 😊 😋

Dow eked out a gain, as S&P500 and NASDAQ both took a break

Walmart drove Dow higher, as it also lifted Pepsi, Coke and a host of consumer durable stocks.

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My portfolio and long term stock picks

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I am watching most small cap technology stocks for a move higher

AMD is starting to reverse as Google is another on my watchlist for higher highs.

Insights from the portfolio

$MDB MongoDB Inc Deep Dive and 2024 Outlook

MongoDB Inc. is a leading provider of general-purpose database platforms, offering a range of products and services designed to meet the needs of developers and enterprises.

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

Video of the day

Today’s video is on DraftKings $DKNG the online sports betting and fantasy sports, gambling company.

Deep dive of the day

FTAI Aviation Ltd $FTAI Deep Dive – Investment Literacy Coach

The airline leasing and maintenance company

blog.mukundmohan.online/index.php/2024/05/16/ftai-aviation-ltd-ftai-deep-dive

Good setups for swing

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Daily Swing Research. Click to read Investment Literacy Coach Daily Swing Research, by Mukund Mohan.

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