Daily Stock Picks

$TSLA is a buy in the algo, so is $TWTR and so are $WMT and $TGT, but which ones will perform better?  $BABA - China stocks are trades $COST - earnings were hurt by inflation and no membership increase. Also - no raising the price of hot dog combo or chicken.  $ATVI - still a 20% upside to the $95 $MSFT takeover $WMT - a buy  $TGT - a buy - which retailer do I like better? $GOOGL $GOOG - buy in the algo this morning  $MMM - only Dow stock that has a macD cross up - it's a buy if you want $AMD and $AVGO both are a buy in the algo  $MU - a buy in the algo and has held up well  $MOS - food shortage will help this stock because they will need to plant more - buy in algo at $59 $CLF - I love this under $20, but the current run still has legs $QCOM - algo buy at $130  $SPG - buy at $112 - great dividend  $TQQQ explanation. 

If you think Elon will buy Twitter and the deal will go through, you're buying it today. If not - stay away from it because if the deal doesn't go through, there's quite a bit of downside in this stock.  $COST - earnings today after the close - this could be big and we have a MacD cross up in the algo.  $ATVI - deal still at $95 with $MSFT - trading at $77 $SNOW reported and guided lower - killed the stock - but definitely a long term buy even here.  $M - killed it on earnings - I love online shopping with them  $BABA - China stocks are still a no go for me - but they do have opportunity  Oil is at $111 - $UCO is still a buy here  Nat Gas is at all time highs - $LNG is where I would play it - but it is an extended stock right now.  $JPM - buy at $125 $ZIM $SBLK $EGLE $DAC $CRK $MOS $XLE - I said buy at $80 a week ago - it's at $85 today $AXP - buy it at $156 - $160 is even a good buy today.  $UNH - Buy at $485 - I like it here $DVN $OXY $CVX $XOM - all energy are still a buy $DKS from yesterday - I was wrong and what a pop!  $UVXY is at $15 - I think it pops to $17 at some point over the next week. 

Today's news dragging the market is Apple's iPhone development cycle being hit by the China shutdowns.  Dick's Sporting Goods ($DKS) reports good earnings, but bloated inventories and costs are hurting them just like Target, Walmart and Amazon.  On the opposite side, Nordstroms reported great earnings and said price was of no concern to their consumers.  Great debate of whether it's the low end consumer that's hurt more, but $TJX reported good earnings too - they are masters at supply chain and may have more inventory coming to them - this may be an opportunity to get their stock cheap.  Oil is up - demand is up! Keep buying $DVN $CVX $XOM $FANG $UCO on dips $ZIM article I posted made good points that it's probably got more room to run.  $CSCO CEO said they are seeing very strained supply chains. They can't find power supplies for their equipment. 

$SNAP news killed everything  $COST - I still believe this could be a big upside if they raise their membership fees. Just wait for a bottom here.  $TWTR buyout - Elon doesn't have a choice... it will be $54 a share $MU - it's held up along with $QCOM - I like these  $ZIM $VET $FANG $UAN $CRK $MOS $GSL $C $MS $ZM  $AXP $CLF $DVN $OXY $XOM $CVX $UNH $ABBV $LLY $UCO  $UVXY is the play until the $VIX hits 32. 

Who said sell in May and go away? Even through this downturn, there are some opportunities. I think the Energy sector - in particular oil - is still a winner.  $AAPL - has it bottomed? Probably not - but depending on your time horizon, this is a good place to buy. Burry is shorting it and Buffet is no doubt buying. $UNH - buy on the algo  $LLY - buy on the algo $EPD - buy on the algo $AXP - buy on the algo Energy stocks to buy: $CVX $DVN $OXY Other stocks I'm keeping an eye on: $SPG $CLF $QCOM $ORCL $ABBV

I didn't talk about Twitter - it's crashing, but I do think Elon still wants it. Tesla shares should go up.  Home Depot reported an amazing quarter - buy Lowes instead Walmart reported a disastrous quarter - but Target instead Oil is going up - buy $CVX $DVN $OXY $UCO $MPC $PDX Natural Gas is going up - $LNG has a cross up so buy it here for a nice 10% up.  $AMD is back up - still strong Berkshire and Warren Buffet bought more $C - I like this here $TTWO reported good earnings - in the game space I still think $ATVI is the one to buy for the $95 $MSFT buyout 

Saudi Aramco reported earnings - up 80% and gave stock back and a special dividend to shareholders. Oil demand goes up by 2-3 million barrels per day over the summer - where is that supply coming from?  My experience with Amazon delivery - WOW - just WOW $Cost and $CI - I like both based on an article I posted  $DAC - earnings tomorrow - $80 right now  $ZIM, $EGLE, $SBLK - could be moving up $CVNA - this stock just continues to go up based on the shorts  $CVX $DVN $OXY $XOM $XLE - any energy should be going up - they are extended so wait for a small pullback. Today they are flying.  2 year chart of $XLE vs. $AAPL - 124% return for $XLE vs. $AAPL has a 90% return.  

Elon is now tweeting how the $TWTR deal is on hold. The $TSLA stock soared and $TWTR stock cratered. I think both could be a buy.  Crypto seems to be bouncing back.  Did a MacD scan on Trendspider and found some cross ups that could be buys. Will post those on Twitter.  $AFRM up 36% since yesterday. A good example that even in horrible markets, there are stocks that make big moves after being beaten down.  $AAPL - under $140 - buy in the position $MSFT - under $290 - buy  $QQQ - under $286 - buy  $AMZN - under $2100 - buy $GOOG - under $2200 - buy  I also go in to detail about the algorithm I talk about alot. It's in Trendspider and if you sign up for Trendspider, I will help you set it up in there for yourself. Please make sure you understand how to read charts before signing up, but you do have a 7 day free trial. 

NO... PLEASE DON'T!!!!! While I don't have good news and I would be careful about buying in to this market, it doesn't mean you don't have long term opportunities. Selling everything is not a strategy because you'll miss the pop back up, but right now we very well may be in the recession that everyone predicted.  $AAPL is no longer the largest company in the world - Saudi's oil fund Aramco is. This to me says oil and energy is the key. My suggestion is that if you're trading for more than 1 day in this market, pick a company that's in energy or food. Those are the 2 things I think have opportunities.  Crypto is crashing because stable coins are found to be not stable. Crypto also has been shown to be not unrelated to central banks so I think the original thesis of Satoshi is not panning out to be true.  Leon Cooperman said it best I think - the drop will be over when we see a company report average earnings and is up and it then opens up the next morning. Disney earnings were average to below average - it was up - but couldn't hold. There's just not enough money in the market to support an up day. $DIS is a $140 stock when things are good. 

Inflation is still here and still going up. That will kill the market again so you may see small bounces, but we still will move down in the long run. When you have profits in your portfolio with stocks that are NOT on your "long term" portfolio - take the profits. Just do it in a tax efficient way. I'll talk tomorrow about taking some of your IRA lower conviction plays and maybe liquidating them and doing a ROTH conversion while it's down.  $LPG - $2.50 dividend soon $OXY - earnings blow out and incredible guidance $SPG - still good price to earnings and great dividend $AAPL - under $160 - start positions $MSFT - under $270 - start positions  $GOOGL - great value here $NVDA - same forward PE as $CLX - which company do you think grows more?  $TWTR - deal may close in a few months - get it while it's under $50 IMO $ATVI - $95 deal - I like it here $TTD - dying chart - nothing good here $COIN - crazy how bad things are $UST - Tera is being destroyed - it's far from stable  $PTON - would have loved to have bought the dip - but it's going back to $10 when they raise more cash $FB - under $200 - buy it  $AXP - I still like this one here $UCO - it's def going back to $190 - I like it but I'll wait for under $150 $DAC $ZIM $EGLE $SBLK - I like these $VET - reports today - I like this one to play in to earnings - but like $OXY - the market may not care $DIS - big earnings today but I don't think you see a move on this. I think you buy puts on $NFLX based on this earnings.  $UNH - it's still falling - but I love buying the dip on this one and $ABBV