One stock that Morgan Stanley thinks is under valued ? Market update 7-8-22

Jobs reports came in strong bouncing yields in the bond market and hitting growth stocks with fears that maybe the Fed will have to continue to raise rates and tighten. September is going to be key with the big amount of selling the Fed will do of their assets. 

$CLF - still like it at $15 handle 

$GS - over $300 and I like them going in to earnings - won't go back to $400 anytime soon, but I do think $330 could be in the cards. 

$UCO - strong demand - weak supply 

$TQQQ - I like this if you think the S&P has 4,000 in it like Carter Worth does

$TSLA - wrapped up in $TWTR deal - I would sell over $700 still 

$BOIL - strong moves in energy and this is running. 

$PXD - oil still will run

$DVN - strong - but no catalyst until earnings - still an 8% yield on a major stock 

$OXY - if Buffett is still buying, under $60 get it - over $60 - sell it - but I like it to buy and hold here too. 

$FANG - energy is still strong 

$NVDA and other chips were up as well as $QCOM

$Evfm - ziptrader pick - June 27th pick tan from $.60 to $1.54 and is pulling back now . Birth control gel about an hour before u knock boots that’s hormone free - so if you haven’t been screwed by the market enough … go and find yourself someone who … never mind

Roe vs wade pushed this one up and it may have more room to run

It’s now been zero copay under aca insurance

The patent is tight and shouldn’t have competitors

Honestly the hype from zip trader may move it

Valuation - loses money so it’s not a fundamental play … so it’s a trade .. not buy and hold … the fundamentals suck

$UPST - won’t hit q2 and stock tanks … i warned about this

Wp says elon $TWTR deal on jeapordy … nobody else wants this company so it might be negotiating - Twitter stock could crater so maybe buy some put options

Carter worth of worth charting thinks we have more legs on this run … infilled gap at 4020 $SPY

He thinks Bitcoin from a chart perspective has found a floor and will bounce

$Xpo logistics may be too cheap

Theranos - sunny bulwani guilty … if you watched dropout or the documentary on hbo then let’s just hope Elizabeth Holmes is also thrown in jail

Recession may be held off just because of the employment numbers

Jobs are steadily growing … wage growth down but still elevated