Daily Stock Picks

2 stocks I love right now and 3 to trade - 10-4-23 Market update


Listen Later

$BA and $NFLX I like entries in these - $XLU $UNH $PANW might be good to trade short term.  


Get my algo and a special offer on Trendspider - https://trendspider.com?_go=gary93


Get $50 off a year of Seeking Alpha.  https://www.sahg6dtr.com/2L9M597/R74QP/


TESLA referral -Use my referral link to buy a Tesla and get up to $500 off and 3 months of Full Self-Driving Capability. 

⁠⁠https://www.tesla.com/referral/gary82526⁠⁠


Social Links and more - ⁠⁠⁠https://linktr.ee/dailystockpick ⁠⁠⁠


FREE NEWSLETTER WITH CHARTS - subscribe at ⁠⁠⁠dailystockpick.substack.com ⁠⁠⁠


SPONSORED BY VISIBLE - Check out this page: ⁠⁠https://www.visible.com/get/?3P8FJPM⁠⁠  $20 off your first month - only $5 for the first month


Sign up for Webull and get free stocks like I did - ⁠⁠https://a.webull.com/gGlte9iTQnfaDYFa4S⁠⁠


NOTES


At 2:20pm your phone will ring today and there will be a national alert - this is what the Illuminati said about yesterday in our meeting - this is how inside I am 


$SPY update


https://share.trendspider.com/chart/SPY/18946brywmd




4200 is key level on the S&P

The 4,200 mark is crucial,” says Michael Kramer, Mott Capital Management founder. “Not only is it where the 200-day moving average [DMA] resides, but dropping below 4,200 also means the S&P 500 no longer boasts a 20% gain from the October 2022 lows.” The S&P 500 SPX closed at 4,229.45 on Tuesday, a 1.37% drop.



https://www.marketwatch.com/story/as-storm-clouds-gather-over-bond-market-watch-this-level-on-the-s-p-500-1bec2c46




$smci $pltr $shop down big yesterday 


2 stocks I love - $BA and $NFLX


Rumors about $SCHW having their long term debt at such low rates and HUGE write offs of financial sector - bonds are ruling the market with too much supply and so the price of bonds are going down and to get people to pay that - yields are going up


Weekly of $xlu looks like 2018 - there are only 30 stocks in this index and the majority are over sold - looks like it might come back to the $60 level - that’s a consolidation area - only a trade - not buy and hold 


$unh - 2019 saw a golden cross and we had a death cross and now have a golden cross on the daily - $515 is resistance but we are seeing higher lows - 7% back to $550 level and this could be a safety play 


$panw - trading near an all time high - this one is on sale - weekly chart has a bull flag on it $225 is a good support level - this is best in class for cybersecurity- beaten earnings and reported higher 10 out of the 11 quarters and it reports in Oct 


$meta to lay off metaverse workers 



$nflx price hikes 


Chip article 


China demand remains weak but does not appear to be getting meaningfully weaker, while we are seeing pockets of recovery within the PC and smartphone markets," a group of analysts,


For Nvidia (NVDA), the analysts raised their price target to $750, noting that even though supply is tight, there is still the opportunity for upside 


For AMD (AMD), which the firm has an overweight rating and $160 price target on, the analysts said the initial response to MI300X has been "very positive," especially on the hardware, though there have been some software issues.


For Qualcomm (NASDAQ:QCOM), they said the rush of Android smartphone activity is a "positive" and should provide support to second-half estimates.




$boil has turned 


If oil goes to $100 - $uco - if it goes back to $70 $sco 


OPEC kept production cuts in place so they want the price to go up 


Oils I like here

$PXD

$OXY

$DVN


$tsla launched a $43k model y with subsidies this goes under $40k which is huge and uaw strikes continue 









SCANS

$BA

$HIBS

$V

$MU

$UNP

...more
View all episodesView all episodes
Download on the App Store

Daily Stock PicksBy Gary Vaughan

  • 5
  • 5
  • 5
  • 5
  • 5

5

3 ratings


More shows like Daily Stock Picks

View all
Motley Fool Money by The Motley Fool

Motley Fool Money

3,223 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,384 Listeners

Rule Breaker Investing by The Motley Fool

Rule Breaker Investing

951 Listeners

Investing Insights by Morningstar

Investing Insights

521 Listeners

Masters in Business by Bloomberg

Masters in Business

2,168 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,021 Listeners

Stock Club by MyWallSt

Stock Club

88 Listeners

My First Million by Hubspot Media

My First Million

2,633 Listeners

The Intrinsic Value Podcast - The Investor’s Podcast Network by The Investor's Podcast Network

The Intrinsic Value Podcast - The Investor’s Podcast Network

560 Listeners

Barron's Streetwise by Barron's

Barron's Streetwise

1,554 Listeners

RiskReversal Pod by RiskReversal Media

RiskReversal Pod

807 Listeners

Investing Experts by Seeking Alpha

Investing Experts

65 Listeners

Stock Market Today With IBD by Investor's Business Daily

Stock Market Today With IBD

44 Listeners

The Loonie Hour by Steve Saretsky

The Loonie Hour

13 Listeners

Stock Movers by iHeartPodcasts

Stock Movers

24 Listeners