Energy is down - keep buying - Market update 8-30-22

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Joe T says he’s buying $AAPL

Stephanie link says she’s selling $AXP and apple needs to come in more - she likes $IBM $AVGO and others to grow better … she says buy energy and materials

3900 might be where the s&p goes down to … Monday was bouncing around the 50 day

$BA has some strength for long term

Nat gas - $crk $vet $lng

Uranium - $uec

Europe nat gas has come down on optimism around German storage which is ahead of schedule

Ceo of shell coming out and saying energy issues will last longer than 1 year

Iraq political instability could slow exports of oil from there … they are the 4th largest oil producer and opec may cut output - this means oil stocks could even fly from these high levels

Did you get $tqqq under $30 yesterday?

$nvda under $160?

$mara

$BBY beats on earnings - comp store sales and overall sales are bad but just not as bad as expected - they are guiding lower just not as low

$M

$Qcom

$Clf

$MRNA

$DRV

$GS

$Siga - monkey pox play is falling

$Bbby is up over $15 and makes no sense fundamentally - other than a short squeeze

Oil is down …. Buy in weakness

$Bac - under $30 was the play but under $40 is still good …. Buffet was buying at $45

Kyle bass says if Putin decides to do unscheduled maintenance on nordstream there is no telling where energy prices go and citizens will no be able to afford it which will push government subsidy

Bass thinks owning producers of gas and oil - $cvx $cop $xom $Bp $Oxy

How to find stocks to invest - uranium is an example - googled it - found an article - then search finviz and then look at the charts

SCANS

$BNTX - this is the partner of $PFE on Covid