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Nov 8th Stock Market Update - The best week for the market in years

Nov 8th Stock Market Update - The best week for the market in years

$TOL $MDB $CFLT

Mukund Mohan
November 08, 2024

Market

“The market ended the week with its best gain in years, with the Dow nearing 44K and S&P 500 nearing 6K” 😊 😋

All 3 indices headed higher on continued optimism of lower taxes and faster growth

Tesla hit a $1 Trillion market cap as the stock has moved 30% higher in 5 days. The other beneficiary from the Trump election seems to be the financial stocks including $JPM and $GS on renewed optimism of more M&A in 2025.

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Insights from the portfolio

$TOL Toll Brothers Inc Deep Dive and 2024 Outlook

The home builder should benefit from lower interest rates for 2025

stocksmarts.substack.com/p/tol-toll-brothers-inc-deep-dive-and

Video of the day

Today’s video is on Confluent $CFLT the SaaS company for streaming data.

Deep dive of the day

MongoDB Inc $MDB Deep Dive – Investment Literacy Coach

The NOSQL database SaaS company

blog.mukundmohan.online/index.php/2024/11/08/mongodb-inc-mdb-deep-dive

Good setups for swing

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