AMD, RMBS, LLY In Focus While Market Has Stellar Week | Summary and Q&A

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July 14, 2023
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Investor's Business Daily
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AMD, RMBS, LLY In Focus While Market Has Stellar Week

TL;DR

Stock market had a strong week with major indexes posting gains, but there was some selling towards the end. Earnings season is starting with notable companies reporting next week.

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Questions & Answers

Q: How did the stock market perform overall last week?

The stock market had a great week, with major indexes like NASDAQ, S&P 500, and Dow showing gains.

Q: What are some stock buying opportunities that emerged last week?

AMD, Rambis, and Eli Lilly were mentioned as stocks with potential buying opportunities.

Q: What are some factors contributing to the stock market's performance?

Tame inflation reports, easing Fed rate impact, and lower treasury yields were some factors driving the market rally. Technology, software, and chip sectors performed well.

Q: What should investors focus on in the coming weeks?

Earnings season is starting, with notable companies like Tesla and Netflix reporting. Investors should consider their exposure, add to their watchlist, and make any necessary portfolio adjustments.

Summary & Key Takeaways

  • The stock market had a stellar week with strong gains across major indexes, including NASDAQ and S&P 500.

  • The market may be getting stretched, raising the chances of a pullback, but there were still plenty of buying opportunities and stock breakouts.

  • Earnings season is starting, with companies like Tesla and Netflix reporting next week.

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