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Daily Stock Picks

$NVDA still going - $TSLA over $200 - $PLTR - $MSFT - Market update 5-30-23

May 30, 2023
50:47

$TSLA and $F agreement

$TQQQ might be a worthy

$SPY staying over $420 and $QQQ over $350 is key this week  


$NVDA QUOTE FROM LAST WEEK - Hopefully you listened. I think it's a $400 stock by the end of the year. 



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NOTES



Remember Cramer tweeted and said no side would agree so he thought we would default … what a doosh 


Debt ceiling agreement reached. Both wacko sides of each party says it’s crap but the hope is the middle agrees it’s good. For me it seems like when Clinton got newt Gingrich l to work with him and we saw the .com boom. The similarity today is that we may be at the beginning of an ai boom and if we can get both parties to agree to work together - this just may be the start. Remember - Biden was very middle of the road in the senate so the only reason he went so far left was because the republicans were die hard against him. 


So we finished the week crazy good.


$spy - above $420 (S&P above 4200) so if that stays through the next few sessions next week - super bullish 


$qqq - the Nasdaq closed above that 12,600 level which is hugely bullish as well. $350 is the resistance level to hold


Between these 2 I think we rally next week so if you got in to $tqqq today like I said, enjoy your weekend knowing you’re going to do really well with that trade.


We are stretched so I think be careful but with $crm and other tech reporting it may continue 


$avgo - trades at a realistic valuation but they went up 11% on Friday - they report Thursday 


$cpri - ceo bought $10m of stock in the quarter - there’s only 1 reason that ceos do that 


Guy Adami who I like picked $pltr as final trade … I like it and will buy it now 


week, my algorithm has identified Microsoft (MSFT) as a top pick, a leading company within the Technology sector, trading less than 1% from its 52-week high.


$Msfu is a 1.5 times etf for $msft


$f - $15 price target now 


$coin - upgraded 


$tsla over $200 


$nvda way up over $400


$NFLX up on passwords


Trevor from fb 


$MCD looking solid. What do you guys think? Decent dividend and all above the 200 day except 2020.


$DPST and $SCHW 


Buffet still buying $OXY


$PLTR


$AI - talk about Hindenburg and how it’s come 


SCANS

$CRM

$AMZN

$QCLN

$COST

$VOO

$SPXL

$UPRO

$XLG

$LOW

$HD

$DAL

$W

$ETHE

$EBAY

$FAST



Vanguard entries

$VUG
$VOO

$XLG

$VTI

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