I talk about how $SPY has had quite a few double bottoms on this bear market run and we may have just seen the double bottom and may have another leg down from here.

A couple of things I go over for a while:

Oil - Helema Croft said oil is only staying down because of recession fears. Once Nordstream1 comes back on July 21 and Russia doesn't pump oil along with December sanctions - oil will go back up because there's just no increase in supply coming. $UCO had a cross up and I like it here.

Covid - New York Times and Gottlieb think Covid will come back in the fall. Europe and China will most likely have shut downs, but B5 is more contagious and immunity may be waning. Trade $MRNA and $NVAX - but they've had their runs. $PFE is a solid play but Covid doesn't move this as much as the others.

$VTI $SCHD $VOO - these are all great long term ETF's that alot of very wealthy people own. They have been discussed in www.longangle.com forums many times.

$DRV - I still like this short - macD cross up

$CLF - I like this with the $15 mark

$UNH - I still like this in to earnings

Cross Ups

$BTU

$EGLE

$SBLK

$NTR

$HPQ - I love this one going in to earnings

$HES - I really like this too

$RDBX

$USO

$GS

$TSLA

$TQQQ

$BOIL

$PXD

$DVN

$OXY

$FANG

$SQQQ

$SPXU

$SARK

Covid, Oil and a cross up I like as much as my Oracle call - long market update 7-11-22