Daily Stock Picks $AAPL event and earnings will drive the market - 10-30-23 Market update
There are tons of great earnings plays this week for solid stocks. $SPG tonight, but $AAPL event and earnings are later this week. The $AAPL earnings will drive this market and I don't have huge hopes for it. The paid newsletter this weekend had the reasons why and I go over them in the podcast.
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$VIX at 21
$mcd earnings beats through what they said were strategic price hikes
$sofi beat - up significantly on earnings
Stocks I like right now
$CVX
$SBUX
$AES found on a Fin Viz screener from my newsletter- https://finance.yahoo.com/news/12-best-undervalued-energy-stocks-160526817.html
Weekend paid newsletter - finding the trend and overall
$AAPL earnings this week
Monday before the bell:
SOFI - It’ll be interesting to see how they classify student loan repayments
Monday after the bell:
SPG - This is going to be key to see if the consumer is still spending
Tuesday after the bell
AMD - this should be a clear indication of how chips will do going forward.
AAPL - we have the big event announcing new products. This likely won’t move the stock, but it’s still a significant and later than normal event.
Wednesday before the bell
$PLTR - I really like the stock long term
Wednesday after the bell
QCOM - I still love this stock and think it’s quite solid and with INTC doing really well last week, I think the old guard of chips like QCOM might be coming back.
PYPL - this will be the first time the new CEO addresses their forward plan. The stock has been a dog even after I thought it would pull a rebound so I’ll be watching to see the margins. I don’t have huge hopes - but I am still holding.
Thursday before the bell
SHOP - I’m super interested in this one as I think the pullback has been an opportunity.
LLY - the pullback might have been an opportunity to get in. I’ve said it before that GLP1 may be fantastic for any of these drug companies. AMGN reports on Tuesday, but LLY is in the Core Portfolio simply for their weight loss drug.
Thursday after the bell
AAPL - Rest assured - this is the bellwether of how the market will do this week and I don’t have huge hopes for a pop in this stock
$FNGD - why pay 1% to own 10 stocks? Because it’s levered - good trading tool to use a system with
$FNGD ETF that's a levered 10 stock portfolio
Great 8 in the 4 hour algo
$AAPL - Out
$AMZN - Out - in soon
$GOOG - Out
$META - Out
$MSFT - In at $316, but hanging on to the 200 day
$NFLX - In at $403 - trading at $397
$NVDA - Out
$TSLA - Out
SCANS
$BA
$INTC
$ORLY
$COF
$LIN
$SCHW