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Daily Stock Picks

$DVN - under valued Energy stock - 10-10-23 Market Update

Oct 10, 2023
42:35

Plenty of Energy stocks to trade that are bullish. Sign up for the newsletter to see the charts from today.  


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NOTES

The rally mid day was because Fed speakers said the yields in bonds seems to have done the Fed’s work which means they may not raise. That’s good news being good news with a good reaction.


https://finviz.com/published_map.ashx?t=sec&st=d1&f=101023&i=sec_d1_083906905




Congress has been buying


https://x.com/unusual_whales/status/1711156014752604647?s=20


Trading portfolio from seeking alpha 



core portfolio from seeking alpha 





$pep earnings beat and raises outlook - this is good for $ko rebound - the idea that Ozempic and other weight loss drugs have infiltrated food is not true 


https://finance.yahoo.com/news/pepsicos-hefty-quarter-pokes-a-hole-in-idea-of-an-ozempic-fueled-sell-off-105231255.html


$TSLA earnings next week - I think they pop 


https://www.fool.com/investing/2023/10/10/this-artificial-intelligence-ai-stock-is-now-cathi/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article




$xle seasonal 





$crwd - new 52 week high 


$eqt - nat gas is up again if you want a stock 


Sectors are slowly coming back up - 1 month look from Seeking Alpha 


And all of these sectors are positive for 5 days



Interesting article on $DVN 

CONCLUSION: The key investor takeaway is that Devon Energy just appears an ignored energy stock despite strong profits and capital returns. Exxon Mobil might be chasing Pioneer due to Permian Basis resources and a CEO looking to retire making a deal more possible, but Devon Energy is the much cheaper play here.

Investors in Pioneer Natural Resources should use any offer from Exxon Mobil to flip the investment into Devon Energy. One can sell Pioneer at all-time highs and flip that investment into Devon at multi-year lows.

https://www.sahg6dtr.com/2L9M597/R74QP/...



Top Quant rated stocks in the core portfolio to buy 




https://www.sahg6dtr.com/2L9M597/R74QP/?url=https%3A%2F%2Fseekingalpha.com%2Fnews%2F4019229-fertilizer-stocks-mosaic-cf-nutrien-surge-as-israel-war-sparks-supply-fears%3Fsource%3Daffiliate_program%253A%257Baffiliate_name%257D%26utm_medium%3Daffiliate%26utm_source%3D%257Baffiliate_name%257D%26affid%3D%257Baffiliate_id%257D%26oid%3D%257Boffer_id%257D%26transaction%3D%257Btransaction_id%257D


$MOS $CF $NTR



Nat Gas is still going up - at $3.41 now - $BOIL - but $KOLD will be a good play soon IMO 


$MARA has confirmation now

$RBLX hit $30 - don’t be greedy 




https://a.webull.com/iHwte9iTQnfaDYFKY3


Social Requests 


Butch from FB

You’ve probably covered this, still catching up on last weeks podcasts. 

$Pypl here. Finding support at the bottom of this falling wedge. Bullish divergence on the weekly too. However, not confirmed on the daily chart and not much support underneath. Thoughts here 


Shane from Spotify 


$pltr 


RH for Sully


SCANS

$DVN

$GS

$OXY

$MPLX

$BAC

$CLF

$WFC

$CRSP

$ELF - death cross is coming (queue music) 

$AMGN

$CAT

$WBD

$CMCSA

$FANG

$CHTR

$COP

$SCHW

$DUK - $XLU might be good 



Energy Names - almost the entire list

$ARLP

$DVN

$OIH

$SLB

$CHRD
$FANG

$COP

$OXY

$XLE
$MRO

$ALB

$BTU

$HAL


Vanguard

$VYM


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