One stock feeling the full brunt of selling overnight was The Trade Desk (TTD US) which has been the leading stock in our international equities portfolio up multiples of our entry price, the ~12% decline overnight highlighting how influential yields are on previously hot momentum type stocks.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM believes this is a dip to buy in TTD
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