Sep 16th Stock Market Update

The market awaits the Fed decision on rate cuts

Author

Mukund Mohan
September 16, 2024

Market

“The Dow hit a new record higher, but NASDAQ took a break, after multiple analysts downgraded Apple on news that iPhone 16 could see lighter demand.” 🤪 🤕 

A mixed market with Dow & S&P 500 higher, but NASDAQ heading lower

The markets await the Fed, but like I mentioned in Jan, this is not going to be a year for Apple. The stock moved lower 3% on news that iPhone 16 demand is weak..

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

Subscribe to our research

My portfolio and long term stock picks

mukundmohan.online/subscribe

Insights from the portfolio

$NXPI NXP Semiconductors N.V. Deep Dive and 2024 Outlook

The semiconductor company is coming off a high and rebuilding a base

stocksmarts.substack.com/p/nxpi-nxp-semiconductors-nv-deep-dive

Video of the day

Today’s video is on Confluent, $CFLT the SaaS streaming solution built on Kafka.

Deep dive of the day

RPM International Inc $RPM Deep Dive – Investment Literacy Coach

The sealant and building materials company

blog.mukundmohan.online/index.php/2024/09/16/rpm-international-inc-rpm-deep-dive

Good setups for swing

Subscribe to Investment Literacy Coach Daily Swing Research

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

ilcdailyswing.substack.com/subscribe