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Daily Stock Picks

$AAPL news - Plus $SEDG vs $ENPH - $SPY history - 9-20-23 Market Update

Sep 20, 2023
44:27

$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 


https://markets.businessinsider.com/news/stocks/stock-market-weakest-10-day-stretch-sp500-september-seasonal-trends-2023-9?utm_medium=social&utm_campaign=markets-sf&utm_source=facebook&fbclid=IwAR0SIiZVoymSTIHTqcKxA9n5Kf35JKkWerw5oaBNCQjC15PLBEJm1IctxVc_aem_Ab1gcZQL748Y8pvLV5AW07_Cio0hoFPnrKmUhvabApAFDGSJoAQkyW_BwyBPngiaJGE&mibextid=Zxz2cZ


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

https://www.fool.com/investing/2023/09/20/better-buy-solaredge-vs-enphase/?source=eptyholnk0000202&utm_campaign=article&utm_medium=feed&utm_source=yahoo-host


$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


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