Be forewarned - the volume goes way up about 5 min in. I had a microphone problem and had to raise the gain. Crazy rally after Powell said no recession Honestly - I didn’t see this at all but $tqqq had confirmation all day … I was not trading but again - this is once in a lifetime to get Google at these prices Specific to growth and tech Remember that June rally reversed next day $Qcom beat but guidance down so it lost a little after hours - qualcom is expanding to automotive $Meta missed earnin...
Jul 28, 2022•1 hr 3 min
$MCD - perfect example of how to invest with my story of $1 drinks $KO - investment - not a trade - and a very good one $SNOW - still like this $MU - you've gotten your 10% on this trade. $AMZN and $MSFT - the traders on CNBC make good points - probably not good to hold short term - it’s going to be tough because of the multiples - but if you are investing for more than a year - putting up with short term volatility is your best bet Josh Brown buys $LNG - above $150 is a breakout - he talked abo...
Jul 27, 2022•42 min
$UNH $QCOM $GOOG $META $AAPL $AMZN $XOM $CVX $Pxd $TSLA $RIO $NVDA $BOIL $UCO $LNG - $crk $vet may be better $COST NFL announced they launched NFL plus - but Goodell has said SUnday ticket is moving to an app service and apple is the leader - this will mark the end of linear TV service. $UPRO $SPXU $TQQQ $SQQQ $SARK $IWM from Trendspider is trending on the 50day EMA - IWM is a small cap ETF $Wmt way down after hours dragging down target kohls and amazon with it. Walmart said it now anticipates a...
Jul 26, 2022•48 min
I go over some of the earnings this week: Tuesday - $GOOG and $MSFT Wednesday - $QCOM and $META Thursday - $AAPL and $AMZN Friday - $XOM and $CVX Commodities seem to be turning around and $FXC and $RIO seem to be on an uptrend $SNAP - was it a Snap issue or an overall ad downturn? Did $meta figure this out in Q1 and is that all priced in already? $KMI - interesting safe 6.7% yield in the energy industry. $LNG is the best opportunity in the nat gas trade. It's going to continue higher because in ...
Jul 25, 2022•57 min
I ramble on quite a bit with EU political issues which should drive energy (both oil and specifically nat gas) up. I also ramble on about how the Nasdaq is down further than the Dow and S&P so the Nasdaq over the last month has been the one bouncing up. Some stocks I like now $SNAP - earnings tonight $PINS - private equity getting involved $META $QCOM - wow this has taken off from $124 where I didn't think it would stay $TSLA - my pivot on this remains $700 - it's running today and I sold 1/...
Jul 21, 2022•1 hr 5 min
The German govt is telling the EU they will have to ration nat gas. This is bullish for $BOIL. Nord Stream pipeline getting turned up now. $NFLX - if you listened and took the trade - you made 10%. It's coming back down to earth now. China has warned of Pelosi visit - this is bad. $GS - you have your 10% by now - you're welcome $GOLD - hasn't moved, but it's still oversold. Since it's a commodity - you should worry if we have a recession ahead. $DRV - you are out in the algo because of yesterday...
Jul 20, 2022•48 min
Thank you to all the listeners, reviewers and especially the supporters of the podcast. I love recording these and the feedback you give so I am humbly saying thank you. Follow me on Instagram (daily.stock.pick) or Twitter (www.twitter.com/dailystockpick3) I talk about how the S&P is now trading under it's 50 day moving average for 60 days in a row - not seen since 2008. So we are in a prolonged downturn. $TWTR - lawsuit about the timing of the lawsuit with Elon happens today $TSLA - triangl...
Jul 19, 2022•51 min
Tom Lee was on CNBC Friday and said "Don't sell the rally". I'm not sure it's going to be that strong here, but earnings seem to be good. Covid is back in the news so keep an eye on $MRNA - it's strong now - but look for pullbacks $C was a great call on Friday way up. Still trading at about half of book value - so it's still got room to run. $BAC earnings - buy under $40 - sell over $40 $XLV $UNH $WGA $CVS - I go over these - but healthcare is a strong sector $UCO - back up - oil is going to be ...
Jul 18, 2022•55 min
I go over all the places on YouTube that I trust to learn about stock charts and fundamentals. 1) Ziptrader 2) Trendspider U 3) Trading Rush Mac D 4) Focus on RSI, SMA vs. EMA, MacD and later identifying pattersn 5) Develop your own style that you feel comfortable with and try back testing (using Trendspider - sign up through my pinned tweet and support the podcast) Oil is back in play - $JPM thinks it's $120 soon because of supply Oil wholesale is back to pre Ukraine war prices - but prices at ...
Jul 15, 2022•56 min
Use ETF's like $SPXU $SQQQ $UVXY when the market is down and $TQQQ when the market is up. $TSLA under $700 again and is back over it. $CLF - get it with the $14 handle $JPM - missed on earnings - mainly on investment banking - down big $MS - was down big - missed on investment banking as well - semi recovered $QCOM - great trade so far $TWTR - looks interesting with their response to Elon $APPH - I like it with the $2 handle before earnings $NFLX - looks interesting if they immediately move ever...
Jul 14, 2022•42 min
Ray Daleo of Bridgewater Capital Hedge fund - they are up 32% YTD which is incredible. ZipTrader Charlie went over his strategy on his video last night - great video and you should watch it. $BABA - his largest holding $PG is also a large holding - he has large positions in Mega Value (under 17PE) and tons of small positions in medium companies. $TSLA - under $700 - start buying again $SARK - cross up on the algo - buy it because the ARK funds have been up 20% in the month of June - this is due ...
Jul 13, 2022•37 min
I recorded an entire podcast this morning and then found out my computer hard drive has crashed so I had to re record it and I've spent 5 hours. Here are my notes that I read off of .... I'm going back to trying to troubleshoot. Will the courts hold Musk to his $54.20 price for Twitter? Maybe it’s worth putting some money in because it’s not going to zero. $Fcx and other commodities near 52 week lows HPQ DRV cross up at $48.79 - posted on twitter Estimated taxes for all my fellow contract worker...
Jul 12, 2022•16 min
I talk about how $SPY has had quite a few double bottoms on this bear market run and we may have just seen the double bottom and may have another leg down from here. A couple of things I go over for a while: Oil - Helema Croft said oil is only staying down because of recession fears. Once Nordstream1 comes back on July 21 and Russia doesn't pump oil along with December sanctions - oil will go back up because there's just no increase in supply coming. $UCO had a cross up and I like it here. Covid...
Jul 11, 2022•58 min
Jobs reports came in strong bouncing yields in the bond market and hitting growth stocks with fears that maybe the Fed will have to continue to raise rates and tighten. September is going to be key with the big amount of selling the Fed will do of their assets. $CLF - still like it at $15 handle $GS - over $300 and I like them going in to earnings - won't go back to $400 anytime soon, but I do think $330 could be in the cards. $UCO - strong demand - weak supply $TQQQ - I like this if you think t...
Jul 08, 2022•40 min
I talk about recessions, energy and the Fed notes today and include some of my favorite stock plays. $REV - crazy pop yesterday with confirmation and validation $PXD - selling at 7 times forward earnings and they make money over $40/barrel - even if oil stays at $100/barrel - you're only selling at 7 times earning and they will either return the money via a dividend or buy back stock. $UCO / $SCO - $UCO is oversold - oil will come back $DVN - dipped under $50 - buy it under $60 and sell over $OX...
Jul 07, 2022•46 min
I did a market scan and found quite a few opportunities. I continue to say this market will sell down so $SPXU $SQQQ $SARK and $UVXY should still be in play. $GS - trading at book value - this is huge $MRNA - wow - good trade but take profits at $155. Oil is tanking - could go as low as $65 so stock up on the oil stocks as I think we will see it go back to $120 $KOLD and $BOIL are still plays $JPM - cross up $TWTR - cross up $QCOM - cross up $ARKK - cross up $ARKW - cross up $ARKF - cross up $IG...
Jul 06, 2022•41 min
Use tools like $SPXU $SQQQ $SARK and $UVXY for days like today when the market is down. Energy and $META will be the 2nd half plays I think. Energy is down today since the fears of inflation become more real. Commodities go down when fear of inflation goes up because of demand slow down. $MCD - $1 drinks are now $1.53. Could be a boom for the stock with them being able to raise their prices. $CLF - Njarian on CNBC bought some along with Farmer Jim. He sold calls out in the future to collect $1/m...
Jul 05, 2022•30 min
The worst start to the year since 1970 - good news if you're a fan of history for the 2nd half of the year. I continue to say you should be in $SPXU $SQQQ and $UVXY Be careful with commodities with fear of recession. Some new dividend plays discussed: $GTY - 6% dividend $IRM - 5% dividend $MPW - 8% dividend $O - 4% dividend $SPG - 7% dividend $VICI - 5% dividend $WPC - 5% dividend I think great long term values are $LOW and $TGT with great dividends along the way $RIO $DVN $CVX $XOM $CLF $LNG an...
Jul 01, 2022•34 min
I go over a TON of stocks on this one as it's long, but remember what I recommend. $SPXU $SQQQ $SARK $UVXY. $BRK.B $PAA $CTO - 7% dividend yields $MCD $UNH led the dow yesterday $UPST - no longer one of my favorites $NVDA - I love this one here, but I fear you've got a little more downside. Don't time it for long term though - get it under $150 if you can. $TSLA - under $700 - but I feel the delivery number may be light so don't load up before that comes out. $CLF - commodities like iron ore wor...
Jun 30, 2022•52 min
I contend that we are in a trading range of 3,000 to 3800 on S&P - that would mean we are just going down. There really isn't good news in the market and there's going to be more downside. I think we go to 3,000 as the earnings revisions are brought down through mid July with maybe a stop at 3500. I think $SPXU, $SQQQ and $UVXY are good for swing trades. $DAL and $TSLA indicate to me that we are going to have a travel nightmare this weekend. $TSLA also at the delivery center yesterday - ther...
Jun 29, 2022•53 min
Oil will go to $140/barrel. Leaders of the world are talking about it now and knowing that supply just can't increase in the next 6 months while demand is going to soar with China opening and Russian oil embargo. Today's stocks: $MU - love this in to earnings $CVX - cross up - buy below $150 $XOM - cross up - get it under $90 $DVN - it's over $60 on the cross up so expect it to go back to $70 $OXY - over $60 - take your 10% and move on when you have it. $FANG - love it - great opportunity on the...
Jun 28, 2022•43 min
$NKE kicks off earnings today. JP Morgan thinks this week we are up 7%. $LOW, SWK, PII, VFC, and MO are five of the highest quality and most undervalued dividend aristocrats. Meta $MU and INCY, $VFC, and $$MO are five of the highest quality and most undervalued dividend aristocrats. $Meta $MU and $INCY $TSLA - what do I think of this stock? $UCO or $SCO? $KOLD or $BOIL? $CVX $DVN $OXY $XOM $FANG - which ones are crossing up?...
Jun 27, 2022•30 min
$MRNA is watchable now $ENB - huge dividend beaten down energy stock I like $VIG - high dividends and a beaten down ETF $SHOP - huge moves in the last few days $BHAT - WOW $REV - up again Ibonds - listen to Suzee Orman podcast - Masterclass on them $SNOW - should have bought at algo $120 $FCX - I'll watch this as I think it's unfairly beaten down - someone bought big on the July $33 calls $EWC - interesting Canada ETF with energy and financials - big buy on $31 Sept puts $XLE - Oct $52 puts big ...
Jun 24, 2022•54 min
In the middle of recording this, I wound up getting a phone call and upon my return I did an entire podcast, but I forgot to hit record. So instead of editing and going back, I did my best to continue after that, but if I missed anything, hit me up on Twitter and I'll cover it tomorrow. I go over my theory that we're in a range for the S&P between 3000 - 3800 and 3500 has a support level. I think you can use $SPXU $TQQQ $SQQQ and other tools to trade within this range. I also think the VIX w...
Jun 23, 2022•34 min
$FANG and $SLB both increased their dividends and are pulling back with energy. I like these at lower prices. $JETS - at some point the airlines get it right and this looks to be an opportunity for a move up. $CLF - love this one down here. I think it's poised to make a move, but the algo doesn't have a buy on it yet. $AAPL - I think this wants to move to $115 (which kills me), but the algo did trigger a buy yesterday. I'm just not convinced it's a big move yet. $SNAP - this might make a move ba...
Jun 22, 2022•42 min
There's still downside in this market so trade it - don't invest in it. Mike Wilson (analyst) thinks the S&P has 3,000 as a level vs. going back to 4,000. If you agree, $SPXU is your play. He thinks the pullback is just on P/E multiples - the recession hasn't been priced in yet. Crypto over the weekend sank - still not a bottom IMO - but trading it may be a good idea. A new short fund tracking bitcoin is $BITI Oil - up based on tight supply. $DVN under $60 again. $FANG is way oversold $K spl...
Jun 21, 2022•55 min
While on my cruise, I had a discussion with an economist who's very bearish about the economy. He validated my views on oil and the pending food shortages. I also talk about some of my investments that have gotten hit down - $DVN and $OXY being 2. Rebalancing will be necessary, but make sure you're using tax advantaged accounts like a Roth IRA or a Traditional IRA. Live off the brokerage account and trading, but make sure you're optimizing those based on your age. Hit me up with any questions yo...
Jun 20, 2022•32 min
$UVXY was a big winner yesterday and anything short like $SARK $SPXU or $DRV (recommended at $44 and is now $60) are all good options on days that are down. I wouldn't trade anything you're not sure about in the short term or happy holding long term in this market. Tomorrow's Fed decision is worth waiting for and trading around. 2 new high dividend payers to look at $CEQP and $KREF $SPY level of support is $340 so we probably have more downside to go. $ORCL - crazy good cloud revenues - trade ar...
Jun 14, 2022•31 min
$UVXY is just an example of when things go down, you can trade and make money. $SVXY is probably the play in the market where any reaction is an over reaction in the market. Both of these should NOT be held long term. Trade them. $DRV is a short ETF on the housing market and since I've updated on this one it's gone from $44 to $56 in 1 week. $IMPP is up at $1 - it's a Wall Street bets favorite of the $GME or $AMC crowd with energy. Oil is down because of fears of another Chinese lock down. Remem...
Jun 13, 2022•32 min
Inflation is still rising - stock market is tanking this morning. $SARK took off when it was announced - short ETF's are a great tool to try and leverage or try and limit your downside on long stock positions. $DRV is taking off like the algo thought it would $NFLX - if they fix their shared passwords issue - this stock will soar. It's now in value range like $META $IMPP - energy Wall Street bets stock - should see more hype $TQQQ - great if every reaction is an overreaction - use this one to tr...
Jun 10, 2022•33 min
