Top stocks picks for 2023 - Market update - 12-23-22

Here are the stocks that are top picks by Wall Street for 2023 and their 2 year performance. 

$GOOG - 2021 - up 67% - YTD - down 39%

$AMZN - 2021 - up 1% - YTD - down 50%

$AAPL - 2021 - up 33% - YTD - down 25%

$MSFT - 2021 - up 52% - YTD - down 29%

$META - 2021 - up 24% - YTD - down 65%

With all of this down - they have been named as top picks for 2023 by many Wall Street firms

I look at $SPY and why there's no confirmation to buy in to this market right now. 

$CLF - higher steel prices - lower cost - I was wrong - catalyst - moves to a $20 price target

$tsla - elon says absolutely no stock sales in 2023 and maybe not 2024 - great spaces that I listened to yesterday … it was amazing and had such great content

Stock buyback doesn’t make sense until they see the depth of the recession.

He also stands by his prediction that tesla will be the most valuable company in the world

$gdx for Jackie on Instagram

$nflx branching out and offering $nke fitness classes and this is bearish for $pton

Someone on spotify asked me about options …. I don’t trade options but many listeners use my swing price targets to trade options

$Tsm may set up European factory

$Kold is still going strong - $boil to $8

Futures dropped off after durable goods orders and personal spending down - every piece of bad news means recession - every good news means the Fed will continue tightening - you just have nothing that can be viewed as positive in the economy.

.4% increase in income - .1% in cost of goods meant we have a .3% in real income increase.

ENERGY

$Cop

$Dvn

$Oxy

$Xom

$Cvx

$Fang

$PXD

$REI - if it closes above $2.25 in the morning 4 hour candle - it should have confirmation above the 9 day EMA 

$UPRO - bull

$SPXU - bear

$SPXL - bull

$TQQQ - bull
$SQQQ - bear

$SARK - bear

SCANS

$PYPL

$XPEV

$AMGN

$APPH

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