$TSLA is a buy again - 5-9-23 Market update

Why you should buy $TSLA and not $LCID

Why you should buy $PYPL

$PLTR or $SNOW

$GOOG developer day

Tons of scans in the private FB group and listed below

A look at $SPY weekly and whether we are in a bull or a bear market for a weekly perspective  

In Mexico - the show is sponsored by $MELI - what a killer stock.

In the US - the show is sponsored by Carvana $CVNA and Reeses Peanut Butter Cups

SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3P8FJPM, it has all the info you need to know about joining Visible. When you use my friend code, 3MFGCRG, you’ll get your first month of service for $20-off!

Use code DSP25 for 25% off Trendspider's platform - https://trendspider.com/?_go=gary93

Please use this link as I do get a commission when you sign up, but it's the program I use my algorithm in and I'll give you access to the algorithm if you sign up through this link. I will also give you watch lists and my custom scans that I use in the podcast every day.

Sign up for Webull and get free stocks like I did - WEBULL LINK 

Support the podcast - HERE

Social Links and more - https://linktr.ee/dailystockpick 

NOTES

$SPY - buy in on the 4 hour algo 

Debt ceiling meeting

Monthly inflation number

PPI for cost of production

$pltr earnings crazy good - still speculative but a good speculation … it’s just overdone now 

$pypl earnings good but slightly below estimates - my personal opinion is you can buy this as it’ll be at $90 at some point this year

$lcid - missed and reported loss - plus lower deliveries - don’t get sucked in to this one on hopes .. enough capital to q2 2024 but they reduced deliveries year over year (where will they increase demand when it’s so expensive) and if they need more capital expect a dilution event. It’s 4 times revenue and it’s just too expensive. The only reason to buy is if you think the saudis will buy it out and take it private but that could happen at $4 and not at $7. Don’t expect a premium to be paid. 

$goog - developer conference on wed and will be heavy with ai so expect a pump 

$rxo for Brandon 

$sofi for Sam on Facebook 

Look at sell in may and go away for the last 5 years 

Brian asked - Top 3 healthcare stocks for long term

James added - $UNH, $HCA, $CI, $HUM in my opinion.

Stephanie link bought $ftnt - fortinet based on cyber security exposure and ingersol rand - $IR because industrials are doing well and this trades at a discount 

I bring up regional banks again- they are down today after a couple of big days up - do not get sucked in … they could go to zero 

$dpst should be the short gamble that won’t go to zero and $schw should be a long term play 

$TSLA - look at it - AI will be point to point in FSD which is huge

SCANS

$PXD

$DVN

$GOOGL and $GOOG

$WMT

$CRM

$XLY

$TGT

$MRK

$DIS - right before earnings

$VOO

$COST

$V

$CAT

$AMGN

$TRV

$KDP

$ENPH

$ATVI

$MELI

Energy names

$OIH

$COP

$PXD

$MRO

$BTU

$DVN

$LNG

$UCO

$SLB

$SHEL

$CHRD

Levered ETF’s

$URTY

$SPXL

$HIBL

$UPRO

$DRN

Vanguard low cost

$VTI

$VB

$VO

$VOO

$XLG

$VBK

$VOT

SPDR sectors

$XLG

$XLRE

$XLY