Why MacD? Buy Energy on weakness today - Market update 10-10-22

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$AAPL, $AMD, and $DIS opinions? 

Dan Fitzpatrick on Twitter - https://twitter.com/danfitzpatrick?s=21&t=-cD3KrTPUC6VOyHrLAp7mQ

$TSLA - great one

My strategy and the MACD

$SNOW has held up well

Chinese chipmakers are killed because of Biden admin not allowing them to be sold here … that’s definitely going to get some response from China - $Soxs going up

Weekly stock pick is Merck $mrk

Bond markets closed so stocks won’t be taken down by rising bond rates today

$F and $gm down about 4% - sell rating by an analyst - they think there will be a glut of cars

$GS says they see a huge inflow to money markets (cash) from retail investors

$Boil up - $uco up? Oil is down as profits are being taken and China demand might slump … buy on pullbacks

$RIVN down 10% since recall - make no mistake this is super expensive still - all vehicles recalled due to loose fasteners that can affect steering - remember - they have no service centers

$Tqqq under $20 again

$Drv - check it is just crazy good

$Cost $unh $appl

$Cs price

So not use margin and if you do ensure you have exit plans …. Margin calls on big down days can derail your entire portfolio

3 year chart of $xle and $xlk . End of 2019 returns

$Cvx under $160

$Pdx

$Dvn

$Xom

New graphic for the podcast - if you want to get barraged with DM’s - just ask for help with graphics

SCANS

$BITI

$SRS - another short real estate ETF - I like $DRV