Daily Stock Picks

Buy Energy and Commodities today - Market update 3-7-22


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With the Russian invasion of Ukraine continuing with no sight in end, I think you can easily buy energy stocks and commodities that come out of Russia that will most likely face sanctions therefore driving the price up. Some suggestions are:

CORN - commodity ETF - Corn

WEAT - commoditiy ETF - Wheat 

UCO - Levered Oil ETF

PALL - commodity ETF - Palladium 

BOIL - levered Natural Gas ETF

Also I just personally bought OXY (Occidental Petroleum) and I explain the reasons why. I may have overpaid and caught FOMO - but I explain why I don't mind based on historical. What's good for Warren Buffet is good for me. 

Earnings plays this week (much less attractive) are ULTA Beauty - Cramer favorite, but I'm not sure I trust him so I personally probably won't and DOCU - Docusign. This one is at it's 52 week low and is still expensive, but I constantly am signing things using this service so I don't think it was just a Covid play. 

UNH - United Healthcare. I'll be starting a position in this soon since they have a fantastic track record (beating Google and Apple since 2012) and Healthcare is very defensive in inflationary/rising rates times. 

Apple has an event this week that could be a catalyst for the stock. With it's recent weakness, I would suggest anyone interested start taking bites at it. 

Booking Holdings in 2 weeks went from a 52 week high to a 52 week low. Ugliest chart I've seen in a long time since Covid. 

I sold out of my ARK funds in my tax advantaged accounts and will be looking to strategically get out of them in my brokerage account. 


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Daily Stock PicksBy Gary Vaughan

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