Oct 18th Stock Market Update - Dow and S&P 500 hit record highs

Author

Mukund Mohan
October 18, 2024

Market

“Both Dow and S&P500 hit record highs on Friday, ending the 6th week of gains. Strong earnings from Netflix, Procter and Gamble and Taiwan Semiconductor drove results ” 😊 😋

Strong moves higher for all indices and new highs for 2 of the 3

Netflix moved higher by 10% as did TSM yesterday as strong results from both companies bode well for the Mag7 in a week. AI stocks continued their move higher on TSM results.

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Insights from the portfolio

$NKE NIKE Inc Deep Dive and 2024 Outlook

The athletic apparel and shoe company is struggling to recover from Covid

stocksmarts.substack.com/p/nke-nike-inc-deep-dive-and-2024-outlook

Video of the day

Today’s video is on Intuitive Surgical $ISRG the medical company which reported great results.

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Brown & Brown Inc $BRO Deep Dive – Investment Literacy Coach

The insurance company

blog.mukundmohan.online/index.php/2024/10/18/brown-brown-inc-bro-deep-dive

Good setups for swing

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