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Daily Stock Picks

Sell in May and Go Away - $TSLA in June - 10% up avg - $PXD - 11% div buy today - $SQQQ maybe? $SPY - market update 5-31-23

May 31, 2023
45:51

$TSLA has a huge win record in June up 10% on avg

$SPY staying over $420 and $QQQ over $350 is key this week  

$SOFI could go to $8

$META going to $350

$NVDA under $400


$NVDA QUOTE FROM LAST WEEK - Hopefully you listened. I think it's a $400 stock by the end of the year. 



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NOTES


$SPY could not hold $420

$QQQ could not hold $350 and Nasdaq closed above 12,600 (at 13k) so it hasn’t given up completely 


Friday is the may inflation number - if it’s running hot - expect the market to price in a hike 


$ai went crazy - reports wed 


$pypl is still a good one imo 


$kold way up with nat gas and oil down 


$uco $sco 


$PXD under $200 right before ex dividend date (today) - $3.34 per share 1.67% for 1 day 


$cvx gets upgrade from J.P. Morgan to $173 


$smci continues to climb


$XLE

$XLU

$XLP

$XLK

$QQQ 


Look at the comparison on seekingalpha.com for 1 month 


$snow popped off the $148 


$avgo traded crazy - went to $900 and then went back to $800 which is too much - earnings today 


Willie on Instagram 


Soooooooooooo could $NGL er tomorrow forecast run in energy?


Thanks to Charlie for pointing out Debt ceiling would end student loan payments - $sofi would benefit from this as the largest student loan provider 


$TSLA June has been VERY kind to Tesla over the last decade, with an 80% win rate and average return of +10.14% 


$ko under $60 


$msft gets upgrade 


Bernstein moves $amzn to $140 


Ytd S&P winners 


$nvda 170%

$meta 117%

$amd 90%

$crm 66%

$rcl 62%


$aap is a good example of a bubble - missed earnings big cut dividend and it’s just a mess - came right back to the $80 it was trading at so it’s not an opportunity imo 


3 picks from mark mahaney - evercore 


$meta price target -$350 - shareholder meeting today 


$uber - gap earnings later this year and they will buy back stock - $75 price target 


$amzn - $150 price target because it’s under performed 


Chat GPT portfolio sent out this week’s picks including Inverse ETF’s. 



SCANS

$XLY

$BA

$SPG

$MRNA

$DRN

$SVXY

$VOT

$VNQ

$XLC

$XLRE

$INTC

$ZS


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