Sep 19th Stock Market Update - the market hits new highs

Rate cuts from the Fed enable a rally in all 3 indices

Author

Mukund Mohan
September 19, 2024

Market

“Tesla and Nvidia led the NASDAQ to one of the best days all year after the Fed Rate cut. As we have been consistently saying, the dips are good buying opportunities” 😊 😋

NASDAQ, S&P 500 and Dow all high major highs

Tesla went up higher 7.5% and a 4% move higher by Nvidia led the NASDAQ up by 2.5% for the day. AMD And AVGO also rallied on news that consumer sentiment is still strong and that means more purchases of phones, computers and the like.

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Insights from the portfolio

$LRCX Lam Research Corporation Deep Dive and 2024 Outlook

The semiconductor equipment company is taking a break from the highs a few months ago

stocksmarts.substack.com/p/lrcx-lam-research-corporation-deep

Video of the day

Today’s video is on Walmart $WMT the retail giant .

Deep dive of the day

Applovin Corporation $APP Deep Dive – Investment Literacy Coach

The gaming monetization engine

blog.mukundmohan.online/index.php/2024/09/19/applovin-corporation-app-deep-dive

Good setups for swing

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