Daily Stock Picks cover image

Daily Stock Picks

OPEC is going to cut oil supply by ALOT - Buy Energy - Market update 10-3-22

Oct 3, 2022
30:41

Support the podcast - https://anchor.fm/dailystockpick/support

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


Credit suisse ($CS) - csgn - will restructure and convincing investors they won’t go insolvent but rumors were around alll weekend

Bank ceo sent memo that reminded people of Lehman - there’s no real evidence though - oct 27 they will release earnings which may indicate issues with the bank - archegos and other hedge fund collapses may be an issue with ongoing losses - experts think there will be a bail out or some type of bail out - probably Swiss govt

Us fed does do their stress test on it and it passed a few months ago

It’s down 61% ytd and trading well below book value if you want to gamble that the rumors are overblown

Opec may cut by 1 million barrels a day wed - congress is threatening saudis with not selling planes and parts to them if they cut

This was telegraphed last week so the up move in this isn’t shocking wt all

$Coin over the weekend has some issues with people buying and selling

Great article from josh brown about the excess capital created that I posted on Twitter - it was posted in my high net worth group that I’m a member of called long angle

$TSLA missed deliveries and elon says it’s the way they deliver but it’s touching that gap I talked about

Kim kardashian has been charged and settled a charge by the sec in relation to promoting a coin …. Be careful with crypto … she hyped the coin and didn’t disclose that she was paid for that … interesting she posted hashtag ad on it but the law in the 1930s said they have to say how much they got paid

$Dvn $Oxy above $60

Viper $Vnmn - almost at $30

$Uco up 10%

$Boil still down

SCANS

$CVX

$GS

$INTC

$UNH

$AMD

$DKNG

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode