Daily Stock Picks $AAPL news - Plus $SEDG vs $ENPH - $SPY history - 9-20-23 Market Update
$AAPL may launch stock trading on the iPhone
$SEDG and $ENPH - should you buy solar now?
$UBER - should the Europe news worry you?
$CART IPO
$SPY historically now is weak
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NOTES
Pennys gotcha day story
Fed day
$cart stock slide - popped to $40s and then continued down
https://share.trendspider.com/chart/CART/18946rr535j
News that $aapl and $gs looked at launching stock trading on iPhone - this shows that $aapl could launch this immediately - this could be a huge revenue stream - they looked to become RobinHood
Stock market just entered its weakest 10 day period historically
The S&P just entered its weakest 10-day stretch of the year, according to seasonality data from Bank of America.
The bank highlighted that the last 10 days of September are typically poor for stock market returns, and they're even worse when the S&P 500 traded lower in the first half of the month.
For potential support levels, Suttmeier is monitoring the 4,415, 4,325, and 4,195 levels on the S&P 500, which represents potential downside of as much as 5% from current levels.
With no major support levels having yet been broken in the stock market, Suttmeier maintains his bullish tilts towards equities, with the view that the S&P 500 is still in a secular bull market.
$ENPH or $SEDG
$UBER - EU regulation about making drivers employees could hike prices by 40%
https://finance.yahoo.com/news/uber-warns-potential-halt-price-043201466.html
Social requests
Butch from fb
Thoughts on SQ ? Monthly chart for long term perspective. Hit an alert for me here with price into multi year support. Slight sell off pre-market as news of a chief Exec leaving post at SQ. Is this an overreaction to the news ?? Hasn’t been this low since 2018 (apart from COVID) 🧐 daily rsi aboit 28 now but MA’s showing downward momentum. Fundamentally I’m not so sure here 🤔 poor results the last few quarters…
Fatima from Spotify
Sam from fb
Would you mind looking at CALT (Calliditas therapeutics AP. I’ve been playing around with the screeners on Webull and found it. I’m trying to come up with something for about a two week to one month time frame for swing trading. I’m still trying to figure out the charting on Webull and for the life of me can’t seem to find any information on what the red and green triangles that show up on the chart are. I have tried searching in the help search and can’t find anything on it. Thanks again man
SCANS
$AAPL
$CLF
$DRV
$BITW