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Daily Stock Picks

$SPY $QQQ The market is turning down - 2-21-23 Market Update

Feb 21, 2023
01:00:26

Notes for the show are below some of the links, but I focus on $SPY $QQQ $WKHS $SGML $TSLA $NVDA $GOOG $WMT $HD $META $VIR $SQ $CVNA $LCID $NIO $PFE $BA $INTU $KOLD

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NOTES

$SPY - 4 hour - you’re out with a 6% gain

$QQQ - 4 hour - not out yet - but likely today

$wkhs for William on fb

$rcmt for Joe - he’s used the algo for it and a golden cross soon

$sgml - $tsla may buy them - popped 25% on that rumor

$intu reports Thursday and I like this one but it does seem a little rich - it’s doubled Microsoft since the ipo and it’s lagged the market but I think it’s down …options .. I probably would get puts

$ba weekly stock pick

$pfe for Felicia - Cross up

Willy from Instagram

Greetings Gary. I’m looking at charts this week. Would you mind covering $ CVNA and $LCID. Both have earnings this week, are attempting to break DTL, and had large institutional buys in December. Add to that your comments on travel stocks recently

And $sq

$hd down … swing is $300 - mixed results and the forecast is expected to be flat

$nvda $goog and $amzn top picks from baird

$vir up from buy at Goldman - target $53 based on flu vaccine

$wmt - earnings beat but down - swing is $140 -

$arbe

$baba under $100

$meta launching paid verification service … expensive Af but adds to the bottom line

$boil down to $5 - still think it’s trending to $2 and $kold has the momentum

$dvn broad commodities index - 1 year since Ukraine invasion - this year chart shows it leveling off

$arkk - wait for it under $40

$bac is at $35

Mike Wilson said it best - you can trade this market if you want, but good investors are finding opportunities to get in to stocks that will lead us back to 4800 on the S&P probably next year.

EARNINGS

$NVDA

$INTC

$MDT

SCANS

$PFE

$KOLD

$NIO

$XPEV

$PENN
$BYND
$FUBO

$WBD


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