RALLY MODE - Market update 10-4-22

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Australia's Central Bank paused their rate hikes - that's rallying the markets thinking the US may pause. Whenever we see this pause - the market will fly. 

$TQQQ under $20 was such a great call 

$Eqt

$Lng

$Uber

Big day - is it an about face? Could be - we may see more downside, but a lot of articles I’m reading indicate the Fed WILL NOT be able to raise rates past December. When the market gets an inkling that the Fed may stop hiking - the rally begins. Don’t wait for that rally - get in because it will rally big

Inflation will still be around - but the market will rally.

$MRO

$DVN

$COP

$OXY

$CVX
$XOM

$KO - at $55 - it’s going back to $60

$Cf - check $mos too

$TSLA - 2 red candles for the day indicate there will be more downside.

$BOIL down 10%

Devon is number 1 in energy space because you can sell calls and get great premiums on it

Burry is now bullish it seems saying he’s greedy

Charlie’s top 3 stocks for October

$Fngr- short interest sky rocketing

$Fnhc- doubled to $,69 - after hours sell off though

$Lvwr- just spun off from Harley Davison - massive volatile after spin offs

Top 3

$Fngr

$Aprn - short interest at 43%

$Surg- 56% short interest

Ark bought 132 k off $tsla

Tesla back above $250

$GOOG above $100

$AAPL above $140

$Msft above $240

$Soxl is on a tear

$Cs is bouncing back

$Gs and other financials doing well

$DRV button hook

$MU PLEDGES TO BUILD. $100B for building chip plant in upstate NY

SCANS

$DIS

$BA

$IBM

$JPM

$KO

$MS

$SHOP

$QCOM

$C

$F

$BLK

$BAC

$CLF way up

RISK ON TRADES TO WATCH

Metals and Mining

Chips

Energy

Transports