Earnings season - what to buy - Market update 4-12-22

$MRO and other oils

$SPG

$SKT

$JBHT

$VERA

$T - they have reduced their debt - it could go back to $23

$UVXY - up 8% - VIX is at 23 - this may move to 30 so $UVXY or $VXX would be your play

$BOIL

$UCO

$CROWD and $PANW - these are still winners from when we got in.

$Bac under $40

$Gs trades at 1 times book … everything else trades at 2

Cramers growth screens - growth at a reasonable price … peg ratio

6 travel and restaurants to start the week

Expedia group 24 times earnings right now

Booking holdings owns open table

Difference is booking is international

Marriott international good chance they bring dividend back this year … under 30 times earnings

Disney - he thinks they get back to hit earnings year

Darden restaurants - recent disappointed in earnings DRI

sysco - restaurant supply … earnings miss $SYY - 28 times earnings and they are set to double

Cramer says sell fang ….

Carmax missed earnings - down 5% - but maybe things have maxed out

Earnings - tomorrow - $JPM, Delta Airlines, Blackrock - all before the market open

Thursday - Wells Fargo - $GS, Citi, Morgan Stanley, TSM - all before the market open

All of these financials have been beaten down so could these be good on commentary - JPM down 16% YTD

Tom sent analyst recommendation of FANG at $233 - it just had a macD cross down

Analyst who pumped $ZIM - says DO NOT BUY THE DIP It’s not a buy in teh algo right now

JBHT buy at $173

$BAC under $40 with a MacD cross up before earnings