Fast Money Blog- 7/26/24
Friday, July 26th saw the Dow Jones Industrial Average rise over 600 points.
This week’s rally was broad based and excluded the tech sector.
Here are a few stocks that participated in this week’s rally:
The Travelers Companies, Inc. (TRV)
Johnson & Johnson (JNJ)
S&P component Lowe's Companies, Inc. (LOW)
While AI tech stocks like NVIDIA Corporation (NVDA) and Advanced Micro Devices, Inc. (AMAT) are down over the past 30 days, they are still up 50% or more on the year.
I expect we will continue to see a volatile market until the November election.
Please make sure you have money invested across many sectors, and not just in AI and technology stocks.
Remember to not let your enthusiasm for high-call premiums get the best of you. Discipline is the key to success in the long-term.
Tyrone Jackson
The Wealthy Investor