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Daily Stock Picks

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

May 9, 2023
42:49

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  


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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


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