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Daily Stock Picks

Bank stocks and Energy stocks set to move higher - Market update 12-8-22

Dec 8, 2022
42:52

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I like $WFC $BAC in financials 

$wfc might be a buy - it’s beaten too much

$BAC - Mike Mayo - Wells Analyst - price target is $50

$UBT - levered ETF to the treasury bond

$NUGT for Toom

$AXSM - great new drug for depression and Alzheimers - Tom from Twitter

Hey Gary - I wanted to check out the group but don’t want a FB account so created this pseudo one. It wouldn’t believe me that my name was Bruce Wayne, but I guess I tricked the algorithm enough with this one.

Been picking up shares of these software/tech names that are hitting new (or near) 52-wk lows recently (CRM, SNOW, CYBR, ZS) as I have to believe there is still going to be sizable demand once we get past the recession for these high flying COVID boomer stocks but hard to know how much more downside there is. I‘m probably holding anything I buy now for 2+ years so not sure if your thesis (to avoid these for now) would be the same if you are looking at my time horizon as opposed to just trading them. Thoughts?

$mcd from Twitter

$Xom and $cvx on spending

$Lvs $Wynn $MLCO $jd and $pdd all up on China reopening

$tsla - elon may take out margin loans against tesla stock to pay down Twitter debt…. That will kill tesla stock

$GOOG Google is merging the Google maps and waze teams but not the apps … they give you directions in very different ways

$GMED

$BNGO

$REI

$TQQQ

$BOIL

$RMED

$MLCO

$BAC

$WFC

$GS

$GOOG - got you out with a 7% gain - but I don’t consider it a trading stock

SCANS

$KHC

$HSY

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