Daily Stock Picks

Friday before a holiday week and mixed retail data - what to do now? 11-17-23 Market update


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Careful with your trades right now. There are mixed signals in the market, but still some great opportunities.


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    NOTES


    It’s a Friday before Thanksgiving - so it might be VERY light volume - check your positions.


    Walmart, $WMT, falls 8% as CFO says October trends have made them "pause and rethink the health of the consumer."


    More specifically, Walmart said they saw a sharp falloff in sales during the last 2 weeks of October.


    Management said there is still strain on the consumer and they are more cautious than they were 3 months ago.


    $gps was different - they blew away earnings and gave solid guidance 


    $BJ lowered guidance 


    $expe - upgraded with a $200 price target 


    $cvna crashed when it was announced $amzn will allow dealers to sell cars through $amzn 

    $tsla strategy to import to Trendspider


    Go and read this tweet string 

    https://x.com/fundstrat/status/1725313214181712191?s=46&t=7y4v-tHaIEzjLo4Lw72X7g


    $pltr $50??? 


    $aapl announced they will do a new texting standard which will make it significantly better to text android phones … it will happen next year so I may be able to be friends with android people again 


    Great article on earnings next week and dividends 



    Trader funds and the boom in capital in to funds 


    $rblx upgrade 


    What happened to oil? 


    Huge insider buy no $SQ


    SCANS

    $MSFT

    $SCO - talked about oil being in a downturn with supply / demand issues

    $TRV

    ...more
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    Daily Stock PicksBy Gary Vaughan

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