Daily Stock Picks $META - I bought before earnings - 7-26-23 Market update
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$GOOG and $MSFT earnings - wait for good prices - $META I like under $300 - $TSLA - I may have missed - but have patience.
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NOTES
https://finviz.com/published_map.ashx?t=sec&st=d1&f=072623&i=sec_d1_085308998
$SPY Monthly - can we continue? Well the monthly just crossed up on the MacD which has been HUGE in the past. https://share.trendspider.com/chart/SPY/18946iwc070
FTC has a lawsuit ready to sue and break up $AMZN as soon as next month
Between $MSFT and $GOOG, the CEO’s said AI 145 times on their earnings call
$upst on brads portfolio
Teamsters and $ups agree to deal - that’s huge
$wfc announced a $30b buyback - huge again for this name you should have bought under $40 - it’s a $60 stock this year
$goog beat earnings - anything under $130 at this point is a buy - I think it goes to $145 on this run and $ggll would be the play
$msft beat too - $msft just has run too much - buy it on pullback though - they also did not provide details about copilot which seemed to be the key when it fell - they declined to give any details
The valuation would say buy $goog here long term. $msft is priced higher and has perfection priced in.
$snap missed - their ad revs probably went to $meta - the only question is whether $meta has run too much - but I bet they blow it out
I think also with $goog and $msft cloud- $amzn may be in trouble - remember they valuation of $am zn is based on aws and them reporting late has traditionally meant some trouble. Any pullback should be bought imo
$DISH and $AMZN partner for wireless service - $25/mo unlimited
https://finance.yahoo.com/news/1-dish-network-partners-amazon-123420911.html
With all these earnings and banks - I think $dpst is a go
$ba beat
$ko beat
$spot earnings
It was another frustrating quarter for growth stocks that aren’t growing fast enough for the market’s liking, including Spotify.
An example - love the company but the stock never made sense
AppHarvest announces bankruptcy. The sustainable food company backed by Martha Stewart has filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code. Its largest secured creditor, Equilibrium, has agreed to provide approximately $30 million of debtor-in-possession financing to support operations during the process.
Day trading video
Low float high volume is the key to day trading - great video - but you don’t need a news scanner -
$simo
Want a master class on how to build your own portfolio? Watch this
And he also analyzed dividend etfs
Largest stocks that report earnings tomorrow
Facebook $META
Coca-Cola $KO
Thermo Fisher $TMO
Union Pacific $UNP
Boeing $BA
ServiceNow $NOW
AT&T $T
ADP $ADP
Equinor $EQNR
Lam Research $LRCX
Fiserv $FI
CME $CME
General Dynamics $GD
O'Reilly $ORLY
Chipotle $CMG
Stellantis $STLA
$ODD - Cramer made a very compelling case based on the valuation of $ELF
SCANS
$CLF
$NXE
$FAZ
$BIDU
$BABA
$OKTA