Daily Stock Picks Nov is seasonally strong - I bought $TQQQ like I did in July - 11-1-23 Market Update
I bought $TQQQ in my Webull account. I am going to buy more - I like the setup.
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NOTES
1 year anniversary of the Facebook group - highlights
$SPY - cross up at $418 with so many scans and so many stocks down, it’s bound to turn around. The economy is not this weak. Seasonality of November, rates being halted, inflation potentially down and earnings coming in solid, the reactions have to change if even for a bounce.
$QQQ - very similar
$UVXY seasonality
$uvxy or $svxy -choose your fighter
#VIX Crush inbound?
Over the last 20 years, November has been one of the worst months for the Volatility Index, with a 26% win rate and average return of -4.46%
Treasury will sell $48B in 3 year notes
Have you seen $BA
Wednesday after the bell
QCOM
PYPL
Thursday before the bell
SHOP
PLTR
PXD
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
$gehc - solid earnings and I think it’s time to get back in
$clf raised prices - costs going down - end to uaw strike - all good news
$TSLA - fighting the $200/share mark - probably a MacD cross up tomorrow
$MARA at $9
https://x.com/CramerTracker/status/1719096201281171756?s=20
$amd - q4 guidance lower than expected which is where the stock fell down 5% when first reported
Then this happened
AMD CEO Lisa Su on earnings call: "we now expect data center GPU revenue to be approximately $400M in the fourth quarter and exceed $2B in 2024 as revenue ramps throughout the year.
This growth would make MI300 the fastest product to ramp to $1 billion in sales in $AMD history."
Interesting view of the S&P by decade
$ttd
$dkng
#TSLA Fear not, Tesla bulls 🐂
Since the company IPO'd in 2010, November has been the second best performing month:
69% win rate and average return of +9.05%
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SCANS
$SNOW
$DKNG
$UNH
$WFC
$BAC
$CRM
$XLK
$PYPL
$AAPL
$AMD
$VOO
$QCOM
$COST
$ARKK
$ANET - this should have been on my radar but wasn’t
$AIQ - ETF for AI
$ARKG
$SOFI
$RIVN
$AMAT
$MAR
$MU
$PENN
$TTD - this is a solid one - expensive
$V
$AXP
$ODFL
$INTU
$MA
$ORCL
Levered ETF’s
$UMDD
$UDOW
$TARK
$URTY
$SPXL
$FAS
$TECL
$UPRO
$HIBL
Covered Call ETF entries
$XYLD
$QYLD
$JEPQ
$QYLG
$KNG
$JEPI
$DJIA
$RYLD
Vanguard ETF entries
$VUG
$VBK
$VOO
$VEA
$VIG
$VXUS
$VTV
$RSP
$VYM
$VTI
$VO
$VB
SPDR Sector Entires
$XLG
$XLK
$XLF
$XLI
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