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I contend that we are in a trading range of 3,000 to 3800 on S&P - that would mean we are just going down. There really isn't good news in the market and there's going to be more downside. I think we go to 3,000 as the earnings revisions are brought down through mid July with maybe a stop at 3500. I think $SPXU, $SQQQ and $UVXY are good for swing trades.
$DAL and $TSLA indicate to me that we are going to have a travel nightmare this weekend.
$TSLA also at the delivery center yesterday - there was no hype and no energy. Look for it to go towards low $600's here.
$DRV - short real estate - I like this one long too.
$RIO - MacD Cross up - commodities have been crushed
$DVN - above $60 so look for weakness to sell.
$MU on earnings - I'm less hyped on it. I have a fear they will bring guidance down.
$UCO - I like this to $55
$CVX - Cross up
$XOM - Cross up
$OXY - be careful and look for weakness to sell
$OAS - cross up
$FANG - cross up
$PXD - cross up
$MPC - cross up
$QCOM - $AAPL failed at 5G chips and will have to resign the contract with $QCOM - big news
$WEAT - I think this goes up
$GOOGL $GOOG - I like this with the $2200 level
$GIS - not ready to buy yet, but with food shortage this will be great
$REV - kiss of death with a CNBC update
$MPLX - cross up
$XLF - I like this
$NVDA - I think anything in the $150 range is a great long term buy - it might dip to $140's, but this is long term
$NKE - under $100 it's a buy with China opening
$TSLA - again - should have sold at $750
$CLF - commodities are getting killed and if in the $15 range - I like it with earnings coming up
$TGT - love this on the 2nd half guidance at $140
$ZIM - I'm unsure of this just because of large inventories, but it's almost trading at it's fair value
$FTNT - I like this based on the value and recent split
$ABBV - not a buy now, but you can hold it for the dividend
$SPG - under $100 - buy it
$MRNA - without Congressional funding - stay away from it
$FDX - first investor day in 10 years
$ARKG - should have sold at $34 - I see weakness