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I've given 6 stocks that have had 10%-20% moves in less than a week that I go over. I also go over a long term outlook for the S&P so tune in to see if I think the rally continues. Here are the notes I follow when doing the show.
NOTE - I recorded live on Youtube and Instagram - links to both below in the LINKTR.EE
Largest 1 day Dollar drop in the history of the US dollar - that’s why you got the rally.
Home prices falling - rates rising and you’re going to see things level off. But remember - slowing down means slowing down - we’ve been in a 20 year bull rally that has been based on growth. If you slow down - that might be bad.
But this could be a year end rally that continues.
$Rmbs for Tom on Twitter
Vix has bottomed out at 19 on most of these rallies
Days like today don't happen in bull markets and it is by no means a signal to pile into stocks. In 2000-2002, the Nasdaq had 14 up days of 6% or more, and you would have been wrong 14 times if you thought the bottom was in.
BREAKING: China eases Covid measures, cutting quarantine and scrapping flight bans, per AFP.
https://twitter.com/saxena_puru/status/1590958375004958720?s=46&t=pqmhZZUrDf94OD2WSYzA_A
Bond rates tanked … look at the 10 year …. It’s going to come back up pushing these levels back down
$Bac $gs $jpm $ms $c
$Mara
$Gbtc
$Ethe
$Biti
$Bito
$Boil
$Uco
$Tqqq
$Sqqq
ENERGY
$VNOM
$Cop
$Dvn
$Oxy
$Xom
$Cvx
$Fang
$PXD
$Xpo for dman
$Wday and other cloud stocks
Thank veterans
$Tsla - does Twitter need more money? Probably … he says it might go bankrupt … it’s losing $4mil a day
Earnings next week
$TGT $WMT
$ZIM $SBLK
$LOW $HD
$TJX
$NVDA
$CSCO
$SONO
$BBWI
$BABA
$M
$PANW
History for the summer
$SPG
$GS
$BAC
$BOIL
$TQQQ
$SOXL
$KO at $50
$META
Significant ones that look good
$AAPL
$AMZN
$GOOG
$PANW
$SHOP
$SNOW
$TGT
$XLK - example of the 200 day being resistance
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Social Links and more - https://linktr.ee/dailystockpick