Oil is back - where do you invest? - Market update 7-7-22

I talk about recessions, energy and the Fed notes today and include some of my favorite stock plays. 

$REV - crazy pop yesterday with confirmation and validation 

$PXD - selling at 7 times forward earnings and they make money over $40/barrel - even if oil stays at $100/barrel - you're only selling at 7 times earning and they will either return the money via a dividend or buy back stock. 

$UCO / $SCO - $UCO is oversold - oil will come back 

$DVN - dipped under $50 - buy it under $60 and sell over 

$OXY - same as $DVN

$CLF - could have gotten it at $14 yesterday - I think anything in the $15 range before earnings is good - but still a gamble because of rising costs and inflation pricing pressure on commodities 

$UNH - get it under $500 - don't touch it until earnings - but they will announce another great quarter and you'll see a 52 week high 

$SPXU $SQQQ and $SARK are still in play IMO - I like these as they go down because I don't think we're done going down. 

$GME - stock split - old news - play for the volatility 

$TSLA - I'm nervous about earnings but we just had a MacD cross up - buy under $700 - sell over 

$RIVN - up on delivery announcement - hype play 

$RIO - commodities may be coming back - 13% dividend is great

$FANG - still no cross up but I like energy since it's beaten down

$GS - selling at book value - analysts all say buy when it's at that price - may be an earnings bounce 

$TQQQ - this has been the play and I said buy it - you've made your 10% on this one. 

Cross ups:

$CRM - interesting but I've been burned on it

$LCID - it's a hype play but the algo has done great on this name in particular 

$MTR - energy with a huge dividend 

$BOIL - nat gas may start to run here now

$DG - crazy good returns on this, but since it's so high, I would stay away - there are better stocks to make money on than chase new 52 week highs.