Market Memo

Category: Uncategorized

  • It finally came crashing down

    Last week was definitely, well, bad for the markets, as it broke its phenomenal rally streak that had been running for several weeks. The main culprit behind this grumpy mood was a concentrated and significant technical correction that hit the AI. I said the bubble burst last week but this bubble is taking a while…

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  • Mixed(again)

    The U.S. markets posted(although not a lot). It shows green but that does not tell the full story.The week started strong with record highs across the board, fueled by optimism over a potential easing of trade tensions between the U.S. and China and continued momentum in the technology sector. This good mood was cut short…

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  • Finally a good week

    Sorry guys for the two week hiatus. I was out of town so I couldn’t get to write my blog. Now, lets get into this week’s events. Dow and the S&P closed at record highs and Nasdaq also did really well. Now, this was largely due to the September CPI coming in at 3%(this means…

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  • Not a Great Week

    My predictions were right!!! Pepsico went up by like 6%(which I PREDICTED) and Delta went up(not too much though). After a while I finally locked in and delivered a win which feels pretty good. If only the market was as good as my predictions. If you look at last week overall you would see that…

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  • Shutdown Week

    My predictions, well, prediction was right! Nike, as I said, went up after it’s earnings report. It went up by about 3% over the last week which is a great sign for the company and me. I’m back in form! Now, let’s go over the market for last week. The main talking point was the…

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  • Mixed Week(again)

    Yeah, so my predictions were flipped, again. That was my bad and I promise you guys, it will be better this week. As for the market, it was a mixed week. After a really good one last week, indexes fluctuated a lot and showed a lot of resilience but eventually dipped to end the week…

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  • Rate Cut Fuels Market to Record Highs

    Yeah, that was a pretty long title now, wasn’t it. So, a pretty good week for the market, a meh week for me. I sort of flipped my predictions around. KLA Corp did really well and UNH flopped. However.. my unofficial prediction of Adobe going up still happened so I will count that as a…

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  • A Decent Week

    I am back with a BANG! Both my predictions came true. Let’s start with the one that came true more- Chewy. It fell 10%($8). Hopefully, if you owned it, you sold it, cause if you didn’t, you just lost big. The earnings report was actually not bad, with sales going up 8%, but the gloomy…

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  • A Mixed Week

    My predictions were…. terrible. I’m gonna be honest here, I got it completely wrong. Broadcom went up by 9.4% on Friday after it beat investors’ expectations significantly and smoked the doubters(including me) by increasings it AI revenue by 63% year over year. And Dollar Tree, well it flopped hard. It met expectations, but the ‘tariff…

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  • Tech Turbulence

    Well, after a decent two weeks, the market decided to slump down. The tech factor particularly disappointed. And… I was wrong about NVIDIA last week. Basically everybody was though. So, NVIDIA just met investor expectations. You might be thinking, ‘Why did it drop then?’ It largely dropped because of how the market views NVIDIA. If…

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