Daily Stock Picks

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. 

Overnight we had a potential nuclear disaster going on in Ukraine. The markets will open down significantly, but how am I playing this market? I go over my thoughts on what to do today, particular stocks you want to trade and the earnings plays of Marvel ($MRVL), Costco ($COST) and Broadcom ($AVGO). 

I also discuss my thoughts on Apple ($AAPL) and why some traders yesterday thought it's got to pull back even more. 

If I day trade today, it's going to be $UVXY and $UCO. I wouldn't even mind holding $UCO over the weekend as oil is just going to continue going up IMO. 

Have a great weekend. 

Today I go over a ton of stocks ideas for today, but I remain confident in MRVL and COST earnings tonight. I bought Snowflake after hours last night at a floor and go over my reason. I also talk about how Jay Powell made sure we had 1 of 3 things weighing on the market off the table yesterday. Oil will continue to go up with OPEC not drilling and the US unlikely to. Plus the 10 Accidental High Yield stocks Jim Cramer says you should buy now - I list my favorites. Tesla Berlin was just permitted and so why isn't the stock going up? Should you buy it now? Listen in to my explanation. Ford and GM are getting in to EV's - are these better buys than Tesla? Which Marijuana REIT should you buy now that has nearly a 4% dividend yield? And what bank recently went from $108 to $88 with a 4% yield that I bought at $108? QQQ death cross - is this bad for the market? Listen in. 

Information on ex dividend dates and what the difference between a market and limit order is. 

Stocks - Salesforce (CRM), Devon Energy (DVN), GOGL, AMD, Marvel (MRVL), Costco (COST), American Express (AXP), Ford (F), Broadcom (AVGO) and earnings on Sofi, Nordstrom and Salesforce. 

Look on Twitter for the charts, but there are 2 stocks that are crazy good opportunities around earnings in my opinion. Do your research! 

Target ($TGT) beat earnings and had great guidance. If you got in yesterday under $200, you're getting rewarded with an 11% pop today. Margins good and all 5 business units were positive. 

Devon Energy ($DVN) pierced the $60 mark and dividend is coming up. If it dips below $60 again, buy it. 

Crowdstrike ($CRWD) and Palo Alto ($PANW) are both up very big from the purchase day prices (up almost 30%) It might be time to get in to Z Scaler ($ZS). 

$GOGL - from yesterday this one has a 28% dividend payout. The ex dividend date is tomorrow so getting in anywhere under $12.50 might be a great opportunity. Check out twitter for the chart of the last dividend pay out. 

$CLF - Cleveland Cliffs - I said to buy at $17. It's now at $23 and has a dividend payout coming out. This one continues to move, but you can wait for a pullback. 

I think the best options for me to buy today are $BAC (Bank of America) and $MRVL (Marvel Technologies). Marvel has earnings on Thursday and should be positive. It's a good opportunity to play this potential pop. I'm not as familiar with them as I should be, but Cramer has been pretty good on these things and he mentioned last night this was a good one. 

Bank of America has a 52 week high of $50 and is trading around $43. This could be a great opportunity with a dividend coming up and interest rates going to be raised to fight inflation, this most likely is going back to $50 at some point. Without a catalyst like earnings, buy on a cross up (which might come in the next day or so). 

$COST - Costco earnings are Thursday. I'm not super excited about this one, but I would expect a pop with Target earnings and a potential member rate increase along with a one time or large dividend announcement. It's at $520 and the 52 week high is $570 so it could go back there. 

I think Target ($TGT) under $200 is a great opportunity. They report on Tuesday and have a PE of 14 vs. WMT at 27. Have a 5% stop on this one as there may be some supply chain issues, but I don't think you're in danger holding this long term. The 52 week high is $268 and you'll only need to get to $220 for a 10% pop. I don't expect that amount on earnings, but holding it will be fine. 

Costco ($COST) is another opportunity this week reporting on Thursday. If you've ever been to a Costco on Saturday, you'll know why. Their PE is 44 so it is high, but 52 week high of $577 is probably within target if they announce a membership fee raise along with a raise in their dividend. I think both could be on the table and even holding Costco for an extended period is not a bad thing. Not the best play, but a good one as it's just crossing up on the MacD. 

GOGL has been a one to buy in the recent weeks with 20%+ moves. They have a huge dividend payout coming up on March 2nd (28%). I would like to get this one today under $12 (probably not going to happen), but it might be worthwhile picking this up to get the dividend payout. Just be aware the market prices in dividend payouts AFTER the ex dividend date so expect downward pressure on the stock in the coming days. 

FCX was a monster for the past 1,000 candles and I don't think you should buy it now, but it's definitely got a trend going on and worth keeping an eye on for pullbacks. 

Best Buy ($BBY) could go up with earnings on Thursday if they have managed their supply chain well enough. Not sure about where you live, but Best Buy is still the best brick and mortar place to shop for electronics (other than maybe Costco if you're a member) 

Chevron ($CVX) and the oils are all good plays. Remember UCO/SCO, but Chevron just had a buy in our algo at $139.83. Trade that trend and I believe it continues to move up. It's clearly using the 50 day as support. 

NOT IN PODCAST - check out the chart I just posted on $ORCL (Oracle). They just had their MacD cross up, the RSI is at 45 and we have earnings coming up. 

Oh - and enjoy the "mom interruption" at the end of the podcast. 

It's a Friday with a Russian invasion currently going on. There are 2 stocks that I think are worth buying today at prices that could see 10% upside. First let's go over some of our recent winners:

$MRNA yesterday saw a 10% pop after earnings. You're welcome

$PANW - we saw the 10% pop up yesterday from our earnings play. You're welcome

$DVN - took at 10% gain from open yesterday. You're welcome.

$ROKU - took 10% gain from this attempt to gap fill. You're welcome. 

Now for today's suggestions:

$DVN - this one pulled back and is currently at $53. The 52 week high hit 2 days ago is $58. Put in an order for $50 (I may up it to $51, but I'll let you know on Twitter). They have a dividend payout if you hold it past 3/11 so if it's not a quick 1 week play, you'll be able to get that dividend. I would put a 5% stop loss on this one. 

$CRWD - look at the chart on Twitter. The algo on Trendspider indicates a buy at $183.17. I've got an order in at $183 (didn't fill at $178 last night). They report on 3/9 and I completely expect cybersecurity to move back to their highs. The 52 week high on this is $298. That's a 63% move if it gets back there. We're looking for 10% here. Don't be greedy and I also would put a 5% downside stop loss on this one. 

Rather than give a specific stock pick on today's episode, I talk about what you should do with your portfolio. There are opportunities in the market. Stick to the 40-40-10-10 rule that I personally have. 

40% - buy and hold - you should just hold these for a very long time. You can add or subtract companies from this group. Examples for me - $AAPL $MSFT $GOOGL. I do have $TSLA in this group, but that's an example of a company that could go in and out of this group. 

40% - long term, but rebalance every 6-12 months. This should be dividend stocks and some of the other long term areas that are not subject to very large fluctuations. Examples of this are $KO and $PEP for me. Others included in this are energy stocks for this year like $MPLX and $XOM. I also have many of my ETF's in this like $XLK $XLY. The ARK funds should be in this group based on the performance from last year. 

10% - short term - 0-6 months. These are companies that you have a conviction that things are good, but long term there may be volatility that isn't worth holding past a few earnings quarters. A company like $FB for me is in this group since I found myself using social media less and less. $TWTR is also in this as much as I use it the most for social media, they just haven't been good at monetizing it. $CRM is in this group because of their valuation. 

10% - day trading and swing trades. The perfect example of this are crypto related stocks or actual coins. The volatility for me makes it an easy way to get in and out to grow your short term profits. 

There are some great opportunities today, but nibble. I don't think it's worth going big on your buys even with all of the discounts we're seeing today. 

In today's episode I continue with details on the Ukraine situation, some things I've heard from Tom Lee and some interesting news on $MRNA. 

$PANW - did you get in? I bought at $477 for the earnings bounce. 

$FANG - good earnings - no pop but will def benefit from energy soaring in the next few months. 

$HD - down 10% yesterday and $LOW reported and guided higher. $LOW is my preferred of these 2, but housing is in for some bumps. 

$DVN - it traded down to $51 after hitting $58 yesterday. Get back in to this one as it's going back to $58 and there's a 7% yield dividend if you hold past 3/11. 

$MRNA - earnings tomorrow before the bell. JP Morgan thinks there will be flu data that should boost the stock. This is a $500 stock trading at $144. The market is viewing them as a 1 trick pony right now. 

$AXP - I want to start a position on this at some point. It's a great reopen play that's not been priced up yet. 

$COIN - earnings tomorrow - this one could pop if they show growth and guide higher. It's been beaten down and we could see a good pop on good news. 

$TSLA - I'm a holder of this and will buy more. With Elon communicating that he's open to going to the White House and Tesla being the obvious leader in EV's, this is one to hold. 

Wow today's date has a lot of 2's. 

Putin did it and sent troops in to Ukraine which then spiraled sanctions against Russia and Germany canceled the Nord Stream 2 natural gas pipeline permit. All of this shot futures down as much as 700 points for the dow, but they have rebounded. Today will be volatile. 

$KOLD/$BOLD - Nat gas short and long levered ETF's should be good trades today. If you think it'll get more crazy - you can hold, but I get in and out of these. 

$UVXY/$SVXY - levered ETF's for volatility. Again - I trade these - not hold them. 

$UCO/$SCO - Oil long and short levered ETF's. I trade these as well. 

$M - blew away earnings and revenue and was up 10%. Chart looks choppy, but up 10% premarket

$HD - blew away earnings and raised dividend and had a pop but stock is down now. Which shows how crazy this market is. 

$DWAC - if I could short this, I would. It's just too much hype and too crazy. Kind of like $F stock - it'll get hyped up, but today's hype will mean a short would be a good move. DWAC is a SPAC, they have not released ANY information on the structure, what the earnings target is or ANYTHING. If you're looking at Truth as a social media platform, just look at Parlor. That's the guide for Truth imo. 

$TDOC - this is NOT making money and expect another drop on earnings. 

$CZR - not worth the earnings gamble on this

$FANG - I think you could play this one for an earnings pop. The PE is high, but they should report very good earnings. 

NOT HEARD ON PODCAST - $PanW - Palo Alto reports after the bell and could be a VERY good play as it's gotten hit recently.