Daily Stock Picks Use finviz.com scanner to find stocks to buy - Market update 3-24-23
I think $FRC is a good gamble in the market - I think $SCHW is a good long term play in this market. I am looking also at the direction $CLF takes today to buy more. I also want to start a position in $MARA
Notes for the show are below some of the links, but I focus on $SPY $QQQ $DPST $FRC $SCHW
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NOTES
Deutsche bank in Germany is in danger - crashed and the credit default swaps are spiking - this could be huge
$spy support is 3700 which is the 200 weekly moving average (this is on the weekly) - if the weekly moves up - we should be in a bull market - but it’s unclear if we are
$qqq - on a weekly has moved but has resistance that it closed at $310
Oil is below $70 again - at some point the us will fill the reserves and drive the price up
$xlg vs $iwm - small vs large companies are diverging - people are fleeing to large companies
Bond inversions 2/10 is reversing
March 8 - 5.08% on the 2 year - now it’s 3.5%
$SCHW
$FRC
$DPST
$nflx - crackdown in Canada got more subs
$mara - looking healthy
$enph for the week is a leading S&P
$cook for Trevor
$Intc for Willy
$dxcm for Sam on Facebook
$ATVI - UK regulator says it won’t stop competition so it looks like deal will get approval in EU - still lawsuit in US - but deal is at $95
Recap
MONDAY
$DRV
$UDOW
$IBM
$LULU
$SBUX
$WBD
$ORCL
Tuesday
$OXY
$BA
$VNOM
$ABNB
$SCHW
Wednesday
$XOM
$QCLN
$MS
$WFC
$PXD
$DVN
$SPG
$CLF
$XLE
$COP
$SLB
$LNG
$PXD
SCANS
Finviz scanner - DOW - SMA 200 - below - SMA 50 - Below - SMA 20 below - Low forward PE - $VZ