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Daily Stock Picks

8 stocks I really like now - 10-12-23 Market Update

Oct 12, 2023
41:44

The 8 stocks are at the bottom of the notes and the end of the episode. I also discuss my plan for anyone that bought $PXD before the $XOM purchase announcement.


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NOTES


CPI - 3.7% vs. 3.6% year over year - kind of in line and nothing crazy - but if inflation continues higher, Fed might have to raise and definitely would not lower - that pulled futures back a bit 


Jobless claims - nothing crazy so all in all - looks like no hike November is still in play 


https://finviz.com/published_map.ashx?t=sec&st=d1&f=101223&i=sec_d1_075445488


$LLY was yesterday winner 


$SMCI gap cover


https://share.trendspider.com/chart/SMCI/18946kgycgh


https://www.fool.com/investing/2023/10/09/better-ai-stock-palantir-vs-super-micro-computer/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article


Since I opened this on June 19th, the core portfolio is down .02% vs. the S&P during the same time 1.46% - always measure yourself. 



Even with $QQQ



And beating the dow. 


Core Portfolio moves


Took out

$QCLN - no longer is this clean energy ETF a good one. Will find others to put this money in to. 


$TGT - I’m over waiting for this one - it’s done


$SNOW - this is a good company but has just been trading between a range. I will hold it in my portfolio, but I’ll be trading it instead of long term buying it. 


Added

$SMCI - it’s about time - I like the business and the valuation. 

$PLTR - again - it’s about time - I want this stock to get back to $30 in the next year or so. 


$dal beat earnings and guided in line - fuel costs were lower than expected but expect fuel to be up 


Sell $goog and buy $msft article 



Great article on $meta fundamentals 



Still live $ba under $200 - BEST BUY



$amgn - rumored to be working on the weight loss space - only up 3% ytd and might be a good move higher 


Should You Still Buy the Nasdaq's Best-Performing September Stocks? | The Motley Fool


Did you buy $pxd? Waiting for earnings and the dividend announcement but maybe exit because it’s capped at $257 per share 


in an all-stock transaction valued at $59.5B, or $253/share, based on Exxon's closing price on October 5.

The offer represents an 18% premium to Pioneer's closing price on October 5 and a 9% premium to its prior 30-day volume-weighted average price.

Under the deal terms, Pioneer shareholders will receive 2.3234 Exxon shares for each Pioneer share at closing.


$pdd owns Temu - $baba is probably a better stock 


Trendspider software update 

SOFTWARE UPDATE


✅Full Release: https://trendspider.pulse.ly/wctomlnqoi



Social Request

$RH for Sully on Spotify 


$vti as a tech index play for j.stebick on Spotify 


Sam from fb 


So with everything going on in the world and the Middle East right now now what’s your thoughts on KTOS ( Kratos defense and security solutions)? Or even Boeing as a play with everything going on?


SCANS

$WMT

$PEP

$UCO

$MNST


Stocks I really like

$BA

$PLTR

$SMCI

$SHOP

$LLY - but $AMGN might be better

$UBER

$MARA

$SOFI

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