8/18/2024 CBAS Weekly Newsletter

Market News:

The markets had a rough yet growth week, influenced by better than forecasted numbers.

The Nasdaq, Dow, and SPY saw an overall growth throughout last week.

TSLA dipped slightly after announcing a price cut in China in response to increased competition.

Good numbers:

(Source: forexfactory.com)

Still high Interest rates:

(Source: tradingeconomics.com)

Fear and greed as of 8/18/24: Fear

Watchlist:*

• NVDA (Earnings 8/23)

• AAPL

• TSLA (Following recent price adjustments)

• AMZN

Long-term Watchlist:*

• NVDA - With upcoming earnings and important role in AI, watch for potential pullbacks as an entry point. Positive sentiment continues to surround NVDA.

• TSM - Plays an important role in NVDA's growth

(Source: Earnings Whispers)

*All information provided by CBAS is for educational purposes only. All information provided by CBAS is not to be taken as financial advice. All trades and financial decisions made by viewers and users, of CBAS and its content provided, are to be taken at their own risk. CBAS and its affiliated people are not to be held liable for any losses or damage incurred from/by the viewer/user.