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Daily Stock Picks

$SPY and $QQQ are still bullish - 5-12-23 Market update

May 12, 2023
48:12

$SPY closing above $409 means we are still in a bull market with confirmation

$QQQ weekly still looks good

My Fidelity vs. Webull account results - Dow focus vs. Nasdaq focus

$TSLA - raising prices and new CEO for Twitter


A look at $SPY weekly and whether we are in a bull or a bear market for a weekly perspective  


In Mexico - the show is sponsored by $MELI - what a killer stock.

In the US - the show is sponsored by Carvana $CVNA and Reeses Peanut Butter Cups

SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3P8FJPM, it has all the info you need to know about joining Visible. When you use my friend code, 3MFGCRG, you’ll get your first month of service for $20-off!

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Please use this link as I do get a commission when you sign up, but it's the program I use my algorithm in and I'll give you access to the algorithm if you sign up through this link. I will also give you watch lists and my custom scans that I use in the podcast every day.

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NOTES

Debt ceiling postponed but that’s good news


$SPY weekly - if we hold above $409 we still have confirmation

$QQQ weekly - no wedge - but we do have confirmation 


My Webull 5% vs fidelity account 23% - Dow focus vs Nasdaq focus 


$tsla - musk found a ceo for Twitter and they raised prices …. Stock is off to the races 


Oil - 4th weekly decline - crazy 


Bond rates still inverted and short term rates (like 3 months) are crazy because of potential debt ceiling default 


$pacw - no new news which to me is nuts - regionals are up slightly and trying to come back - so not hold these over the weekend 


June is the worst seasonal month for $nvda since it ipo’d in 1999 


Brian from fb - What do you think of $PERI & $SE and Gary I'm surprised you haven't mentioned Manchester United


$soxx for Dominic on Instagram 


Melissa from fb 


Gary,  will you schedule time to talk about fossil fuels, electric charging stations, and evolta stocks?   I think it's in our future, I know it's speculative but let's get in early.


Mark from fb 


Hey Gary, curious as to your thoughts on Datadog? I’m in it at around $64 (great tip!) and just wondering if you think it’s a hold for the long term?


Hoganvonhulk on Spotify asked 


Hi Gary, Where would you recommend we put majority of our money to trade if not in Robinhood or Webull?


SCANS
$VOO

$SPXL

$UPRO

$PDD

$FAST

$TEAM

$BKNG

$SCHW


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