Market Update Newsletter 10/2/23

Last weeks market ended mixed, with the Dow down 1.3%, S&P 500 down .74%, Nasdaq up .06%. Bitcoin is sitting at $26k.

Gov shutdown has been averted. The spectacle should not impact stocks.

The market is still confused and scared, but we're still up for the year even after the worst month of the year last month.

Nike (NKE) shows off with impressive earnings beat. How does China fit in there?

Rivian (RIVN) gets analyst upgrade from Evercore. I am starting to like this one.

Happy Investing! The Punkrock Capitalist

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