Daily Stock Picks $AAPL developers meeting - big catalyst - 6-5-23 Market update
$SPY $QQQ $TQQQ analysis in the newsletter published yesterday - sign up at www.dailystockpick.substack.com
$NVDA 3 day rule is over - buy more under $400
I like $RSP for the catch up trade
$AAPL developers conference pushing the stock higher.
$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
Not going to go over $spy $qqq or $tqqq since those were in the newsletter this weekend so if you want to see the charts or see where I think those are going - subscribe to the newsletter
Massive move in the non big tech stocks on Friday means those are playing catch up
Look at S&P Heatmap on Finviz
With the Dow up - is this the catch up?
https://seekingalpha.com/symbol/DIA/charting?compare=DIA,SPY,QQQ,IWM&interval=YTD
Next fed meeting June 13
$tsla - there was China news on them being the most popular car again - boom for those that bought for June pop - remember you can trade $tsll for up and $tslq for down
$rsp would be the move on this type of continued catch up
$xlb trend line from covid could mean a bounce
$orcl earnings - they typically pop 5% -10% … it’s high but if they bring up ai like $nvda did this could go crazy
Pod fav because they buy and retire stock like $aapl
$aapl developers conference is today - headset - MacBook Air with 15” screen and m2 chip - new m2 studio - maybe a Mac Pro - watch os with a big change. Company generating $100b of free cash flow every year - that alone deserves huge multiple but it’s at an all time high. China is still soft so growth there could be huge. India innovation too because that’s a very non iPhone market.
Evin on Facebook
$SCHD a buy at $71? And thoughts about XLI at $97?
Butch from fb
$nke - I don’t own this (yet). Quick look at the chart and I’m thinking it wants to do another leg up here. Bounced off weekly support and weekly candle looks booolish. Anyone have thoughts 🤔
Shaun from fb
Thoughts on $AMD? I‘m up 7% after being down 30%… huge position (for me), and a part of me just wants to take the profits and get out because I’ve gotten so beaten up on this stock over the last 2 years. Do I need to man up and keep holding this position? Or sell it all and get into something else (like $nvda).
$Brn for Brian on Facebook - look at insider buys
My weekly stock pick is $goog (or $googl) - remember to subscribe to both newsletters. He’s fantastic with his precise algorithm focused on the 30 Dow stocks picking one on Monday and consistently choosing the one to buy on Monday and sell on Friday (include link to subscribe)
$panw
$SHOP under $60 - Motley Fool’s recent buy
$oxy over $60
$mara back under $10 - set alerts in TrendSpider for this
$nvda continues down
$dpst reverse split happened
$ai almost under $30
$boil up - will it get confirmation?
There is a potential of shipping delays again with Long Beach terminal shutting down for a day
Saudi will cut oil by 1 mil barrels per day to increase the price - this is during a time of increase demand - continue to suggest $pxd here for the dividend while you wait
$PXD added to the core portfolio
Big insider sale of ya boy’s fav clothing - $UA
SCANS
$PEP
$ETSY
$XOM
$BAC
$SNOW
$DVN
$OXY
$UBER
$VNOM
$FANG
$OIH
$SHEL
$UCO
$XLE
$VEA
$XLP
$SE
$WYNN
$HD
$TRV
$MRK
$DOW
$PG
$BKNG
$MA