Daily Stock Picks cover image

Daily Stock Picks

$TSLA still going - 3 insider sales - 6-12-23 Market update

Jun 12, 2023
47:30

Newsletter update - GREAT ONE FROM YESTERDAY - Go and subscribe at dailystockpick.substack.com 


$SPY and $QQQ - OFFICIAL BULL MARKET

$TSLA going

3 insider sales from $NFLX $PANW $AMD - plus a BIG runner of over 200% now has insider sales


GET THE FREE NEWSLETTER - sign up at www.dailystockpick.substack.com


SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3MFGCRG, it has all the info you need to know about joining Visible. When you use my friend code, 3MFGCRG, you’ll get your first month of service for $20-off!


Use code DSP25 for 25% off Trendspider's platform - https://trendspider.com/?_go=gary93


Sign up for Webull and get free stocks like I did - WEBULL LINK 

Support the podcast - HERE

Social Links and more - https://linktr.ee/dailystockpick 

NOTES 


Tuesday is cpi 

Wed is Ppi and fed - Fed likely to pause on wed - 72% chance that the market has priced in . 

Thu is jobless claims 


3 big insider sales - Reed Hastings on $NFLX (over $10million) and $PANW CEO (over $120M) 

$AMD Lisa SU (CEO) sold over $36M worth of shares


$SMCI Super Micro Computer's CEO and other executives sell more that 50% of their shares after a +200% move YTD.


$TSLA - 11 straight days of positive gains for the stock - golden cross - macD and RSI stretched - the gap is only slightly above - Long term trim - short term - trim - but hold for long


What are gaps - investopedia - https://www.investopedia.com/articles/trading/05/playinggaps.asp


$baba for aiden from instagram 


$ma for max on instagram 


Butch from fb 

Can I get your thoughts on DISH ?? A friend asked me about it a few days ago. I’m from the UK and don’t know how big this company is over in the US but it’s MC is nearly 4bn 👀 Current market price is sitting on a volume shelf with a small area of support at 5.95 where it double bottomed. Below that area it looks very frosty and there’s been a small but steady decline in revenue over the last few quarters. I don’t like the chart but I’m intrigued by the insider buys. One Director has been scooping up shares this year 👀👀 You have to wonder why … 🤔🤔 really low P/E and an intriguing forward P/E too. Not sure if it’s forward P/E is a bit irrational given it’s current P/E 🤔. If it can flip the 8.34 area I think it could rip. But it looks like it could struggle to get there… 


There has also been recent rumour of a partnership to help pay for its 5G network rollout. Amazon was mentioned but there has been no further news.  


I think the rate hikes have hurt this stock. I don’t think we have too much further to go in the hike cycle which could be bullish for DISH. 


Unsure on this one but there’s a few things that intrigue me…. 


Would love to hear everyone’s opinions … 


$dg for butch too 

$pdd for Melissa on fb 


My weekly stock pick is Boeing $ba 


SCANS

$UNH

$SCO

$SARK

$HSY

$ADBE - EARNINGS this week too - and if you haven’t seen their integration of AI in to their consumer photo/video projects, this is a stock that will be a monster. 

$NFLX - even with the insider trade - it’s got a huge secondary cross up

$TMUS - this could be the catalyst that moves it back over the 200 day. 

$BLK

$ORCL - earnings are coming - it’s run so much

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode