Daily Stock Picks

Energy is still in play with these stocks - Market update 10-7-22


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Carter worth - energy is still in play - likes $lng as it hasn’t broken trend at all - like $unh - I personally like $DVN $PXD - but $CVX $XOM $OXY $FANG $MRO $MPLX and others still have good moves - 

$Nflx has had a nice move …. When they announce their ad supporter platform it will move and we know it’s coming

$Amd cut q3 outlook … revisions are coming … amd immediately was down 5% .. came back ..: it’s looking very reasonable on valuation … $qcom still going up

Stephanie link on $Amd guidance down - Dissecting through $AMD which saw PCs down 53% q/q - bad but not a surprise. Data Center on the other hand grew 8% q/q - impressive. $AVGO vs $NVDA

$CGC is up … all pot stocks up … Biden pardoned all federal marijuana charges … he’s asking govovers to do the same … might be the start of legalization - $cgc $grwg $msos $tlry

3 fed governors have said the fed won’t ease … that’s what killled the rally and after hours another one - Waller - said he sees nothing in the data to slow down …: one of the governors - evans - said he sees the balance sheet - $11 trilliin - to be wound down within 3 years - that’s a lot of selling pressure

$TWTR opposes dropping lawsuit and Twtr shares fell further … getting out at $52 was a good call

$TSLA under $240 but the macd has not turned

$DKNG may do deal with espn … shares are flying $dkng - $DIS back under $100

$Cvs cratered after Medicare rating went down

$205 might be where $tsla goes to

$Slb for energy

$Meta might be a buy

$Snap may be a good buy

$Wynn has quietly been going up

$Gtii is ziptrader pick for retail

Jobs numbers were strong and a negative in the market because the fed will likely tighten more …. It didn’t tank the market but the dollar got stronger and bond rates went up … unemployment went down which may be the only thing the fed looks at

$Udn bearish dollar fund

$DRV

NO SCANS TODAY 


$UCO and $BOIL - I choose $UCO - it's got all the confirmation - but may be overbought - but if you own it - keep it. 

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Daily Stock PicksBy Gary Vaughan

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