$DVN and other oils are going south. I look at that and other stocks - where are levels of support?

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NOTES

Listen to Tom Lee - the economist - not the drummer 

#SPY Looking at the last decade of weekly seasonality data, we do see a strong recovery in both win rate and average return over the next five weeks. 

US Treasury Bonds have now seen a larger percent loss from their highs than the S&P 500 did during the Great Financial Crisis.  📉  #SPY

Rates this morning were down and then shot up

Buy-rated dividend stocks for volatility and high rates - BMO

All these stocks hit new 52 week lows at some point today

Disney $DIS

Bank of America $BAC

Citi $C

General Motors $GM

American Tower $AMT

Bristol Myers $BMY

Conagra $CAG

Devon $DVN

L3Harris $LHX

3M $MMM

Newmont $NEM

Paramount $PARA

Raytheon $RTX

Square $SQ

Target $TGT

$AAPL Insiders at Apple sold over $64 million in shares yesterday, including CEO Tim Cook. 🍎

This was his first sale in six months.

$AAPL also downgraded yesterday by Keybanc - 

Trading near all time high multiples 

Softness in US sales

Not seeing strong demand for smartphones in the US meaning weaker iPhone sales here and Huwai selling new cheap phones in China

Oil has collapsed down 5% under the 50 day moving average 

$cost monthly sales - we just got earnings so it wasn’t a huge pop

$rivn does a sale of notes which is a fund raise - this will be holding here and I think it’ll be fine - nobody remembers this sale in a month 

$rblx up 

$sco was a crazy good play 

Social request 

$dvn for Celia and others on fb 

Macro economic factors of rates going up and bond prices being cheaper for higher rates - this is indicating a recession and energy will go down - that’s over doing the supply/demand side with OPEC continuing the production cuts and they are not driving prices higher

SCANS

$TGT
$BA

$SEDG

$SPXL

$UPRO

$VTI

$MAR

$DE

$DAL

$BITW

$PINS
$HLT

$SBUX

$BIIB

Covered Call ETFs

$XYLG

$XYLD

$JEPQ