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Market Update Aug. 21

  • A Punkrock Capitalist
  • Aug 22, 2023
  • 1 min read

The S&P has been down for three consecutive weeks. The market is oversold.That doesn't mean Buy everything, but you could dabble.

I intend to buy some Walmart (WMT) for example.


Snowflake (SNOW) reports on Wednesday and the stock is already making gains. It will be helped if Nvidia pulls off another good report. reason enough to be optimistic about SNOW.


Palo Alto (PANW) soars 15% on Earnings of $1.44 per share v. $1.28 expected and 26% revenue increase from last year. If somebody recommended this to you than you should reach out and thank them! Profit skimming is appropriate.



 
 
 

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