Shorting this market still makes sense - Market update 7-5-22

Use tools like $SPXU $SQQQ $SARK and $UVXY for days like today when the market is down. 

Energy and $META will be the 2nd half plays I think. 

Energy is down today since the fears of inflation become more real. Commodities go down when fear of inflation goes up because of demand slow down. 

$MCD - $1 drinks are now $1.53. Could be a boom for the stock with them being able to raise their prices. 

$CLF - Njarian on CNBC bought some along with Farmer Jim. He sold calls out in the future to collect $1/mo in premium based on the volatility so he will make money on the trade. 

$QCOM down at $120 - this is such a good stock that will renegotiate with $AAPL 

$NVDA - touching $140 - I love it here (AGAIN) 

$DRV - this is going back to $60

$RIO - another commodity loss - get out if you have gotten in. 

Nat Gas will go back to $8 IMO - $KOLD and $BOIL 

$OXY $DVN $XOM $CVX $FANG - all down because of energy fears of inflation 

Still love $LOW and $TGT based on valuation