Daily Stock Picks Easy 20% gains on $TQQQ and $SPXL - don't be greedy - 8-30-23 Market Update
If you're even thinking about buying Trendspider - it's now on sale for $351 for the year. Remember the process.
1) sign up with my link - https://trendspider.com?_go=gary93
2) email me at dailystockpick3@gmail.com and let me know what email address you used
3) I'll send you the welcome letter once you're confirmed
Last week was an inside week for $SPY - playing the levered ETF's and trading them this week should provide some solid returns. I think we're in a weekly bounce - so be careful if you hold these.
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NOTES
Trendspider sale - crazy good - $351 for the Elite level for 1 year.
You can now scan for head and shoulders and inverse as well
ObGmPtYYiN - Import Inverse
6tgv7QFexy - Import Head and Shoulders
August adp number came in line and July was revised higher - wage changes seems to be coming down as well - it all seems to be moderating saying maybe the fed won’t raise
Real GDP at 2.1% vs. 2.4% set - so economy is slowing - again - bad news is good news - so we are still in that cycle
$SPXL $TQQQ $UDOW
Apple (AAPL) announced its annual fall event titled ‘Wonderlust’ on September 12th where it will launch its new slate of Iphones.
Alphabet (GOOGL) will announce more AI tools and offerings tied with its suite of products to customers at its annual cloud conference.
Remember bond rates - they fell and stocks went up
$VFS - crazy pullback on a big day
$NVDA crazy good move - 4% - but $SMCI did not move as much -only 2%
$TQQQ above $40 again - so take profits - don’t be greedy
$ELF announced a new acquisition - crazy pop - still has room to grow
US Court of Appeals agreed with Greyscale that SEC can’t allow a futures Bitcoin ETF and deny a spot bitcoin ETF. This opens the door and the SEC may have to approve one.
$MARA $RIOT $GBTC $COIN and others FLEW
https://share.trendspider.com/chart/MARA/18946wplwtm…
$goog ai day - announced pricing but this is huge
Google's new flagship AI model, "Gemini," is set to be a direct competitor to GPT-4 and boasts computing power 5 times that of GPT-4.
Trained on Google's TPUv5 chips, it's capable of simultaneous operations with a massive 16,384 chips. The dataset used for training this model is around 65 trillion tokens, and it's multi-modal, accepting text, video, audio, and pictures. Moreover, it can produce both text and images. The training also included content from YouTube and used advanced training techniques similar to "AlphaGo-type" methods.
Google plans to release the Gemini model to the public in December 2023.
Remember - $msft won’t launch chatgpt co pilot until later next year they said. Google is first to market here.
Response about $tgt - read the newsletter
https://twitter.com/JoeConsorti/status/1696264165524902396?s=20
This might not be good for $sofi come October
$spy Massive breakout + 50 SMA reclaim with GoNoGo trend back in neutral territory!
Social request
Sam from fb
You mind taking a look at (GSAT) seen it was up. I went to check out the stock and saw that a former Qualcomm CEO was taking over as CEO. Noticed also that they provide emergency texting services for Apple.
SCANS
$UNH
$AMD
$TGT
$XOM
$AMZN
$COST
$BA
$MRO
$UCO
$XOM
$OIH
$SLB
$CVX
$XLE
$BTU
$RIG
$VNOM
$ONON
$WBA
$HD
$NKE
$DXCM
$CMCSA