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I bought $NFLX at $435 - I like it there, but we may still have downside so I'll keep an eye on it.

Chamath convinced me to buy $TSLA as it's an $AAPL iPhone moment

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NOTES

S&P heat map

7 of 11 sectors closed green. Utilities (+1.83%) led, and consumer discretionary (-3.42%) lagged

https://finviz.com/published_map.ashx?t=sec&st=d1&f=072023&i=sec_d1_183185383

$dpst mtd chart 

$BOIL up big

$TSM down because of their first quarterly decrease in profit in 4 years. AI is driving chips but the other chips in electronics is lagging - and that’s a LARGE portion of $TSM business so the increase in AI can’t cover the decrease in the PC/handset/server market. 

A hiccup in TSMC’s Arizona factory plans. Apple supplier Taiwan Semiconductor Manufacturing Co. is delaying production at its new Arizona-based chip plant until 2025 due to a shortage of skilled labor. Executives say they’re working to send trained technicians from Taiwan to train local workers and help accelerate equipment installation. The issue highlights a significant challenge the U.S. and other countries will have as they onshore industry and diversify away from Asia-based supply chains

Sam from FB - $SDGR  From what I can tell they are an AI provider of sorts for pharmaceutical companies.

Nick from Canada - $META

Hello my friend, we are 6 days out from earning on $Meta and it was a rough day. What are your thoughts as we approach earnings day…..is this an opportunity or is this reason for concern.

Ps - $SMCI took a dive 😉

Bradley freeman on savvy trader sold more $ttd with a great note 

https://savvytrader.com/brad/smn

Sold 6.45% of position at $84.67 for a 92.63% gain.

TTD is now 4.79% of portfolio.

Struggling to trim shares like I should be amid the aggressive multiple expansion. Forcing myself to do so even though I don't want to. Rules are rules. Incredible company. Steeply priced. Would love to add this chunk & the other recent trim back to the holding over time if it takes a breather like I think it could

Dman was screaming that $siri was a buy - well - it’s now a short squeezeL 

$NFLX The last time it broke the 200 day on the 65 min algo was May 16th. I viewed this bounce as a good support in the short term. https://share.trendspider.com/chart/NFLX/18946bln55n

Trendspider - $DIA breakout

https://share.trendspider.com/chart/DIA/29883bgj2yk?fbclid=IwAR0Vv6Vw28rYPDzCIFAtUz3j0qTRmc4AOHNxQbpufcIfIQScWW9PgQmptSs_aem_AWUv7nENPINrtlJ9nnPrXCsLVx-X_pKWqRw66ST4QTQCZGO1RDsUGH1RwjulYjUArAU

I’d like to see this backtested but having strategies is what’s key in markets like this. Here’s one using trading view.

https://youtu.be/21b5QF-b0rE

Personally I think TrendSpider has the best university whether you are a sub or not 

TrendSpider University | TrendSpider

investors are now starting to put money back into equities. 

$MS CEO:  Investment Banking bottomed 4-6 weeks ago. 

What real time companies say vs macro confusion. 

John from FB - $TSLA  

Chamath $TSLA tweet makes sense below 

__________

https://twitter.com/chamath/status/1682306358220029953?s=46&t=7y4v-tHaIEzjLo4Lw72X7g

________

SCANS

$XOM

$MRK

$VNOM

$BTU

$XLE

$CVX

$XLU

$SMMT

$MCD

$VZ

$CEG

$XEL

$CSX

Levered ETF’s

$SQQQ

$SMDD

$SARK