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
$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