What happened to the market yesterday. Worst day of 2022. Market update 2-18-22

In today's episode I tell you what happened yesterday with the worst day in the stock market this year. Long story short - while selling happened - buyers just didn't show up which meant the floor and support fell out. We've seen buyers show up before which propped up the market. 

Then Cathy woods went on CNBC yesterday and she said we aren't in a bubble. When asked if recent sell offs of her stocks (which are down up to 90% off their highs) will ever come back - she said YES! She believes they will hit all time highs and beyond and the market is just unjustly not recognizing innovation. The analysts asking questions all said - innovation is great - but the market needs earnings at some point. 

Ukraine is a mess, but the alliance against Russia is strong. There are talks scheduled this weekend so tread lightly on stocks today. 

Oil is down because of a possible Iran deal which could OVER supply the market. 

NVDA down yesterday despite GREAT earnings - BUY IT! 

Roku crashed - I said tread lightly. The revenue was lower than expected which doesn't bode well for their forecast. 

Draft Kings - again - no earnings

Target - this one may be a good opportunity with earnings coming soon. 

SKT was a dud on earnings - keep it for the dividend if you like, but I don't see a catalyst for this one after earnings. 

2 big opportunities

Morgan Stanley - took it on the chin yesterday and they will benefit with higher interest rates

FB - this one is crazy low considering they will grow. Just how much are the spending on the Metaverse vs. when will that show a profit? 

XLV - this is a healthcare ETF who's number 1 holding is UNH - this is a defensive play that shouldn't be affected by higher interest rates and so this may be an opportunity.