$SOXL with earnings - good buy at $7 - Market update 10-20-22

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$TQQQ under $20 is a buy 

$GNRC slammed on earnings warning

Oil seems to be the only commodity that’s really driving forward …nat gas seems to be pulling back but oil has the supply demand component pushing it forward

Bond rates ticked up taking the market down

$Abml American battery recycler ABtc symbol 

$TSLA slight miss on revs but beat on eps … key is margin 26.8% vs 28% is what street expected - stock went down - buyback was not announced in earnings … elon tweeted he’s behind tesla so there might be more bad news

$LVS beats on revs but down on earnings per share - they have a lot of debt and capital spending - just wasn’t a wow and macOw in China js key

$IBM beat

$lrcx beat - good for soxl

Fundstrat says $oih will outperform but energy is still in play

$Aa lost a ton on a rev miss and took down guidance

$XOM and $xle $oih $DVN $OXY $CVX 

$Stz

Bond rates headed down - market up - $tqqq still under $20

Oil up

$Uvxy move - why I it didn’t move much

$Aal - beat and moves more - all airlines have had record revenue - guided up - it’s clear fed hasn’t killed demand and stocks going up may just be a signal for a bigger fall

$Tsco beat … way better than hd and lowes and ceo says they are going to continue growing - if u haven’t been to their store - go

$DVR
$SQQQ

$BOIL

$SOXL for Corey - do not buy and hold until 2025 because it’s a decaying asset - buy a chip maker like $NVDA $AMD or $QCOM instead

Jordi on Insta - $ADBE and $PKG

Hello, I have what I hope is a better request for an analysis. Packaging America (PKG), as the name suggest they are a packaging products manufacturer. Although they have been beaten down in the market, they still show strong revenue numbers. Which surprises me given the whole logistics mess we had in the past years.

SCANS

$TXN

$XOM

$OXY

$TER

$AMAT

$MRVL