Daily Stock Picks

Support the podcast - https://anchor.fm/dailystockpick/support

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

Credit suisse ($CS) - csgn - will restructure and convincing investors they won’t go insolvent but rumors were around alll weekend

Bank ceo sent memo that reminded people of Lehman - there’s no real evidence though - oct 27 they will release earnings which may indicate issues with the bank - archegos and other hedge fund collapses may be an issue with ongoing losses - experts think there will be a bail out or some type of bail out - probably Swiss govt

Us fed does do their stress test on it and it passed a few months ago

It’s down 61% ytd and trading well below book value if you want to gamble that the rumors are overblown

Opec may cut by 1 million barrels a day wed - congress is threatening saudis with not selling planes and parts to them if they cut

This was telegraphed last week so the up move in this isn’t shocking wt all

$Coin over the weekend has some issues with people buying and selling

Great article from josh brown about the excess capital created that I posted on Twitter - it was posted in my high net worth group that I’m a member of called long angle

$TSLA missed deliveries and elon says it’s the way they deliver but it’s touching that gap I talked about

Kim kardashian has been charged and settled a charge by the sec in relation to promoting a coin …. Be careful with crypto … she hyped the coin and didn’t disclose that she was paid for that … interesting she posted hashtag ad on it but the law in the 1930s said they have to say how much they got paid

$Dvn $Oxy above $60

Viper $Vnmn - almost at $30

$Uco up 10%

$Boil still down

SCANS

$CVX

$GS

$INTC

$UNH

$AMD

$DKNG

Support the podcast - https://anchor.fm/dailystockpick/support

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

Happy International Podcast Day!

$Schw for Willy from Instagram …. It was a cross up scan from Wed of last week

$Nke earnings - cfo said inventories in North America up 65% - its ugly - costs go way up

NIKE CFO: TRANSIT TIMES ARE IMPROVING, INFLATION HITTING DEMAND

*NIKE SAYS IT'S TAKING `DECISIVE ACTION' TO CLEAR INVENTORY

Meister yesterday (Cleveland fed prez) sounded hawkish and then doubled down in the afternoon for bigger selling

Bonds will go up because fed will continue to raise rates… This is going to continue

$TSLA down big

$BAC could be a leader like in 91 and 92

Cramer last night said $gnrc was a good one (sorry Jackson) … he says buy 20 shares every 20 points down …. This could be the kiss of death

Look at $msft for friend tomorrow

$Avco - Tom

$Weat with Ukraine … look at April

$Labu - Tom

$Amlx - Als drug is promising - Tom

Futures can’t stay positive so play $spxu and $sqqq

Helima Croft - European energy infrastructure is just not secure - next weeks opec meeting could see a cut in production - December 5 of eu sanctions on Russia kicks in and that will trigger a huge price disruption - demand is where the question is - supply will get cut

Risk is recession and fear of that that’s killing prices

$TSLA and $AAPL falling back with everything else

SCAN

$CAT

$TRV

$ARKF

$CHTR

Support the podcast - https://anchor.fm/dailystockpick/support

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

Well I was way wrong and the market wound up yesterday … I was right about bounce day but 1 day early …but it's over. There's still too much downside for a sustainable bounce. 

It won’t last because the fed will come out and squash this to keep things under control

Have a lot of talk about alpha and beta … beta is a risk score and alpha is a growth score … J.P. Morgan brought it up yesterday as a conference saying alpha is out there

$Lng under $150 a day ago

$Dvn and $Oxy under $60 for now

$VNOM is one that has gone crazy

$BOIL

$DRV is having the button hook

$NKE - $98.67

$GOOG over $100

Starbucks (SBUX): The coffee giant increased its quarterly dividend to 53 cents per share from 49 cents, effective November 25, 2022 to shareholders on record November 11, 2022. Starbucks initiated its dividend in 2010 and has increased it every year since.

Vail Resorts (MTN): The company’s loss narrowed in its fiscal fourth quarter and sales topped Wall Street’s expectations, sending shares higher in extended trading. Revenue for the quarter totaled $267.1 million, up 31% from a year ago. CEO Kirsten Lynch highlighted labor shortages as an issue for the company in its most recent quarter, writing in the earnings release “our ancillary businesses continued to be capacity constrained by staffing” during Vail’s North American ski season.

Tesla (TSLA): Tesla appointed Airbnb co-founder Joe Gebbia as an independent member to its board of directors, three months after Oracle chair Larry Ellison stepped down. Gebbia spent 14 years with Airbnb before stepping back from his full-time role in July.

Rose has some questions about some stocks

$PDBC.  Commodity etf. Has gotten sold off. Still ytd.... up 16.5% It will spike back up. Dividend yield is over 42% Not a joke either. Check it on Fidelity. You are welcome https://twitter.com/messages/media/1575310724104335364

Morning to do list: 1. Strong us dollar today-- buy $UUP 2. Short gold- buy $DUST. Short China: $YANG. Short Tesla: $TSLQ. Short Apple: $AAPD. Short Nasdaq: $SQQQ. Short small cap: $TZA. Buy $UVXY.  Also short biotech: $LABD.  Short Europe: $EPV. Buy $BOIL and $UNG

Tomorrow is national podcast day … so share me and others you listen to

Car max down big - missed expectations - vehicle sales down

$Bbby - posted wider than expected loss - stock is crazy on volume

$Oxy higher as Berkshire bought more - 6 million more shares - up to 21% of the company

$Tbt as a treasury

Scans

Almost every stock had a cross up - but only energy and some healthcare are up today

$GNRC - earrings on Oct 31 RSI at 38 and MacD on Sept 26 - they are the king of backup generators - love the chart adn great find

Support the podcast - https://anchor.fm/dailystockpick/support

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

I go over how to find dividend stocks on Finviz - stocks that pay you over 10% per year and seem financially healthy. 

Britain buying bonds is the equivalent of adding liquidity which adds inflation and is opposite of the rest of the world

$GS under book value - load up

$AAPL down 4% on reports of weak iPhone 14 demand - buy it here

$TSLA has held up well 

UPRO - bull

SPXU - bear

SPXL - bull

TQQQ - bull

SARK - bear

$Jpm with thousands of analysts said the fed prediction would be the best day ever if powell raised by .75 …. Just goes to show you nobody can predict the market

Gs book value

Vix at 33 - $uvxy and $SVXY 

Past 2 days the market wants to rally but it fails … that’s not good so keep uvxy spxu and sqqq ready

Santoli brought up good points … equities went vertical as rates hit 2% and came back … then went vertical at 3% and came back … now we are at 4% and it went vertical but will it come back

SCANS

$AAPL

$CRM

$PLTR

$SNPS

$ORLY

$GE

$HNRG - not a recommendation

$SPY Daily RSI now sitting at levels not seen since January! Is it time for a relief bounce

Tom - suggested $dust

https://www.fool.com/investing/2022/09/26/stock-market-sell-off-2-safe-stocks-buy-now-foreve/

2 stocks - $aapl and $maft

$Tsla $AAPL $msft have held up since Feb 2020

Late market sell off is just an indication nobody thinks the market is healthy

Tom

$Boil bouncing

$Coin - Shopify ceo is loading up as an insider

I personally like $mara too

$Scph for Tom

$Nke below $100

$Dis below $100

$Uber at $27

$Bac at $30

$Clf at $13

$Arkk vs $spy chart

Cathy woods launches venture fund with titan

Still bullish on $tsla and $roku

She’s saying deflation will come and the fed will ease up from now on- she thinks we are in a recession and we see a huge pivot here now

$Uvxy

SCANS

$XPEV

$MSFT

$WYNN

$BYND

$KDP

$ORLY

$CPRT

$ODFL

$AAPl

$ADBE

$GOOG

$CRM

$UPRO - bull

$SPXU - bear

$SPXL - bull

$TQQQ - bull

$SARK - bear

Support the podcast - https://anchor.fm/dailystockpick/support

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

I'm back to New Jersey and not recording in a hotel - but be clear - this is a downward trending market so I agree with Dan Niles - your portfolio should be losing money in this market - but unless you're trading your entire portfolio - you just need to protect yourself a little by trading. 

Some of those trades can use the levered market ETF's

$UPRO - bull

$SPXU - bear

$SPXL - bull

$TQQQ - bull

$SQQQ - bear

$SARK - bear

Energy is back in play as well. Some of those names that I like at these levels (none of them have had MacD cross ups though):

$DVN

$CVX

$OXY

$FANG

$XOM

$PDX

$COP

Nat Gas is still going down as the market anticipates a recession, but here are some names:

$LNG

$BOIL/$KOLD

Support the podcast - https://anchor.fm/dailystockpick/support

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

If you're not already subscribed to my YouTube Channel - you should be so you can see the charts I discuss.

$Cost earnings on 9/22 

$f pre announced with high inventory and inflation - down … will be a good buy 

$rblx at $37

$Uber at these levels 

Cover trading the trend using indicators 

Scans $Pep $tsm $Snps $Adp $Payx $Sgen $Mo $Schw

Support the podcast - https://anchor.fm/dailystockpick/support

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

If you're not already subscribed to my YouTube Channel - you should be so you can see the charts I discuss. 

$TSLA and $SNOW hanging on

Bonds are climbing again

Crypto down based on regulations

$Unh is weekly stock picks pick for the week

$LNG $BOIL $KOLD

Scans

$Qcom

$Mdlz

ENERGY

$Cop

$Dvn

$Oxy

$Xom

$Cvx

$Fang

$UPRO - bull

$SPXU - bear

$SPXL - bull

$TQQQ - bull

$SARK - bear

I'm going to record a YouTube short on bitcoin short etf to buy when Bitcoin falls.