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Daily Stock Picks

$AAPL - is it buy the dip time? 9-7-23 Market Update

Sep 7, 2023
30:09

$AAPL - China is restricting iPhone usage by govt officials. Big move that could hit their earnings. Remember - at the center of the ecosystem is the iPhone.

$AMZN - could the FTC lawsuit hurt or help the stock?


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NOTES

Yesterday was a case of rising rates and another reset of risk - $SPY $QQQ


https://finviz.com/published_map.ashx?t=sec&st=d1&f=090723&i=sec_d1_063636502





$aapl - China iPhone restriction may extend past govt employees so this will affect iPhone sales in China. It’s clear the China risk is not priced in to this stock. 1/5 of revenue comes from China so this is a huge hit. This is not a normal dip so this could bring that gap in play


$AMZN - FTC lawsuit coming - should you worry? I don’t think so - Lena Khan hasn’t won these suits and  


$ai - weak earnings and pulled back on forward estimates 


$ionq - almost at $20 


$dxcm took off 


And $gme went up - narrows losses and no new executives announced. 


Damon asked about tools and how to pick them. https://a.webull.com/NcHte9iTQnfaDYFC8d - Webull desktop I really like more than active trader pro - it might replace ATP 





Social request 

From Spotify - Tristan $jupw 




Huge short interest and they are a target so that’s the reason it’s going up


Scans

$SDS

$SPXU

$SDOW

$DRV

$CHWY

$RCL

$DLTR 

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