Oct 29th Stock Market Update - NASDAQ moves higher on anticipation of Mag 7 earnings

$WELL $RBLX $DKNG

Market

“The big tech earnings kicks off with Google, followed by the rest next week.The news will be focused on AI and Cloud growth in particular for the Hyperscalers - Amazon, Microsoft and GCP” 😊 😋

NASDAQ still leading the way - with tech

One of the stocks that fell after good earnings was $SOFI which many folks have asked me about. I have not been a holder (I did trade it) of the stock, which is a good name, with good results, but richly valued for a bank at 83X NTM EPS - which is what it is, regardless of the hype.

Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.

Insights from the portfolio

Video of the day

Today’s video is on Draftkings $DKNG the sports betting app and fantasy bet company.

Deep dive of the day

Good setups for swing