$TSLA - is it too late to buy? 1-26-23 Market Update

Jan 26, 2023

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Notes for the show are below some of the links, but I focus on $TSLA $RiVN $WBD $LCID $TEAM $DDOG $AMZN $MSFT $BKR $NVDA

In Mexico - the show is sponsored by $MELI - what a killer stock.

In the US - the show is sponsored by Carvana $CVNA

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!

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NOTES

$vde - vanguard energy

9 stocks rallied 5% off their intraday lows

$RiVN

$WBD

$LCID

$TEAM

$DDOG

$AMZN

$MSFT

$BKR

New 65 min strategy that back tested has amazing results

Interesting as it works on TQQQ and SQQQ - so when you sell TQQQ on a 65 min chart - you buy SQQQ - which may be a great scalping strategy

As traders we get in to a rut sometimes and we tend to just try and find something easy. Just sitting with David yesterday was crazy inspiring and got me fired up to find new watch lists, create new strategies and find new opportunities. Trendspider is crazy powerful as the one size tool.

$tsla earnings - beat - but margins declined and their production will not be 50% increase this year - but cybertruck will be a significant driver next year which is huge … elon said it’s going to be his daily driver

$cvx announces a buyback and dividend increase - stock surges

$wisa is over - the sell volume and news of the pump and dump - do not touch it

$xela

$luv missed big - any reaction is an over reaction

$tsco beat big growing by 8% in the quarter - they have a dollar store model where they put up a shell and sell - the competition is a bunch of stores #3 best performing company in the S&P - big with pet owners

$cmcsa up on guidance - big move

$mkc - spices - profits and rev missed and guidance lower based on cost and China related

$tsla - up crazy - earnings were decent but margins horrible - I missed this one

$cvx - up big $75b buyback and boost dividend - crazy huge - this is an apple style move in buybacks and if they retire the stock - shareholders own more

$aal beat and was crazy good compared to $luv

From Jake at Trendspider - $NVDA #NVDA The 50D-SMA just crossed up through the 200D-SMA as price broke out of its downward trendline.

Over the last 24 years, this cross has happened 12 times w/ an average move of +112.72% before the 50D SMA crosses back down.

The win rate is 75% on 12 positions.

The backtester is a great way to see stats on any ticker for any condition!