Daily Stock Picks

Just a short podcast today. I'm traveling and the market is CRAZY! I made a good trade on Friday with $UVXY and I think that and $SCO might be the only ones you can trade today.  Google is my favorite earnings play this week because it's so far down. 

Jerome Powell crashed the markets yesterday by saying a half point rate hike was going to happen in May. Everyone thought this was priced in the market - but it seems it wasn't. $UVXY was the play trading at $11 when he first spoke to close at $13.  $EQT - Natural Gas - large $49 calls for June were bought. $42 is where it's trading today.  $DIS at $120 - I think you're good starting positions here with earnings coming up. It's crazy how beaten up the stock is.  $AXP - beat earnings - I think this is going to $200 by summer.  $SNAP - missed earnings but average users and revenue per user were up.  $FB - under $200 but with $SNAP not figuring out IOS changes, this may be under more pressure.  $SEDG - great trading stock when it hits $220 or so.  $TWTR - Elon is upping offer - get ready - he doesn't want to back down and out. He is forcing the boards hand.  $VZ lost customers - $T gained - $VZ is a good dividend play.  Shippers are on standby I think.  $CLF - beat earnings - hopefully you got 10% out of it. It will go back to it's 52 week high of $34 but don't be greedy if you have profits. It's very high PE here.  $AMZN - anything under $3k is a good buy I think. I own alot.  $KMB - able to raise prices on their earnings  $AAPL - under $170 - buy it.  $SHOP - I led you wrong on this, but remember - always cut your losses at 5% $F - being hyped by Jim Cramer again this morning. Get in under $16.  $DVN - almost under $60 - get it for the energy pop. 

If you got in under $1k yesterday (like I did), you've got 10% made at least. I'm still holding $TSLA, but they killed earnings.  $NFLX continues to slide and I'm not touching this. Ackman out 100% of his position.  $AAPL union vote at my Apple store here in Cumberland - Atlanta. Buy this stock under $170 before earnings.  $SNOW - buy under $190 $FB - buy before earnings under $200, but be forewarned - this could be a Netflix if users slide.  $CRWD and $PANW - get in to Cyber - you can also invest in $ZS $TGT - hopefully you followed me in at $227 but there was a buyer of huge calls for the May $260 price. This continues to go up to 52 week highs.  $CLF - under $30 before earnings tonight - I may buy in to this one.  $SNAP - earnings tonight - I think this could be big with earnings.  $BA - with airlines killing it - this one could surprise on earnings and continue to $200. Ethically I'm a little conflicted after watching the Netflix documentary.  $AMZN - before earnings they announced they are open to 3rd party shipping now competing with $UPS and $FDX  $AA - announced earnings - it's down after being up for so much this year. Supply chain issues and specifically shipping is what held them back.  Weed is now legal in NJ, but I'm not even entering the space. 

Will Elon join the $TSLA earnings call tonight? Consensus from experts is no - consensus from $TSLA bulls is yes. If he does, expect news and a stock pump.  Sticking with autos - $F is still a buy in the algo.  $NFLX earnings TANKED - I think if it gets to $230, this might be a buy at that price point.  $DIS is the $MSFT of the early 2000's with no respect and the stock continues to decline with a loss in direction and news.  Some of the algo buy alerts on this episode: $QCOM $SPG $UCO $AMD $ADM $MOS $HAL $SLB $LULU - raised guidance and will double revenue  $PG - beat earnings and up $TGH - Tom pick $GSL - Tom pick $DAC - Tom pick - and a great buy right now  $SO $SNAP $CLF $AMZN $ETSY $GBTC - I'm big on this one  $GOOGL or $GOOG  $MSFT $TER $TGT - this has been a great algo buy from $227 $WMT $XLY

Agriculture stocks like $BG $CF $MOS $MOO (ETF) - these are going crazy and should continue to be buys in to earnings.  Energy stocks are all a buy again with Nat Gas up at $8 now. Oil will continue to go higher too.  $PSX - buy in to earnings  $JBHT (I own it) reported earning - shippers like $GOGL $ZIM $DAC $EGLE are buys.  $NFLX reports after the bell today. Down 40% YTD, can it go lower?  $NIO under $20 again - wait for the algo to say buy/  $F - at $15 - buy it for the dividend and hype play on earnings $SNOW - down at $190 - buy it for a 15% pop back to $220 (I didn't sell the pop, but may buy more). 

Did Elon lie to investors? Also, which shippers are a buy now? Should you buy financials? 

I posted on Twitter the last 5 years of May - September and you'll see the old saying "sell in May and go away" doesn't fly and I don't think it's a good idea this year either.  Stocks for next week: $TGT - Target is still a buy in the algo and I like the setup.  $TSLA - reports on Wed - anything under $1k - (around $970 might be my target) - I expect some Elon hype this call - think Cybertruck news, Berlin and TX updates along with perhaps some good news out of China even with the shutdowns.  $TWTR - in other Elon news - I don't see this one ending well. I'm still in and holding for a $50 price in order to sell. I think the board of Twitter has no choice but to reject it, Elon sells his shares and they sink to $30 range. You might see some very hostile bidding wars then for the business.  $AXP - American Express reports on Friday and I fully expect good news. I like this one with business travel getting back on track.  $XLF - completely oversold. If you want to gamble, I think $BAC might be a good earnings play.  $JETS - the airlines are flying - this one is a good ETF to get in to if you don't feel like picking a winner.  $HAL - this is one of the first oils that will report and we get to see the earnings. I fully expect a pop in this one. 

Elon has offered to buy all $TWTR shares at $54/share, but the stock is down. What's the next move for the stock?  $AAPL earnings are coming up, when should you buy?  $AMZN shareholder letter - what it said?  Financials - $C $GS $JPM $MS $WFC and other financials reported - trading volume up, deals are dead and there's uncertainty in the market.  Tom's high convictions - $CF $MOS $IPI Fed governor Waller said inflation has peaked?  $SPY - I posted a channel of trading that I think he market will stay in  $TSM - beat estimates - revs up 46% YoY - upped forecasts $UNH - beat - this should be in your portfolio - but it's not in mine - I haven't found entry  $AMD and $MU are my buys in the semi space

$JPM and $BLK released earnings and both had comments about "geopolitical and economic cliffs ahead". Those words are key in guidance.  I like $BAC and $WFC in the banking area and they report tomorrow. $GS might be an opportunity as well.  $DAL reported $1 Billion more in revenue than analysts expected. They are seeing record demand (March was the best booking month in their history) and people are buying more expensive seats. Guidance was for a strong rest of the year flying at 90% of capacity.  PPI index came in worse than expected and the market reacted poorly. It has since recovered a little since then.  Oil is holding at $100 - but it will go up. Kudos if you took profits on $UCO at $165.  $DVN - buy under $60 - it's up again.  $FANG is a buy.  $SPG - I believe this one will give be good close to earnings. a 5% dividend while you wait too. 

$MRO and other oils $SPG $SKT $JBHT $VERA $T - they have reduced their debt - it could go back to $23 $UVXY - up 8% - VIX is at 23 - this may move to 30 so $UVXY or $VXX would be your play $BOIL $UCO $CROWD and $PANW - these are still winners from when we got in. $Bac under $40 $Gs trades at 1 times book … everything else trades at 2 Cramers growth screens - growth at a reasonable price … peg ratio 6 travel and restaurants to start the week Expedia group 24 times earnings right now Booking holdings owns open table Difference is booking is international Marriott international good chance they bring dividend back this year … under 30 times earnings Disney - he thinks they get back to hit earnings year Darden restaurants - recent disappointed in earnings DRI sysco - restaurant supply … earnings miss $SYY - 28 times earnings and they are set to double Cramer says sell fang …. Carmax missed earnings - down 5% - but maybe things have maxed out Earnings - tomorrow - $JPM, Delta Airlines, Blackrock - all before the market open Thursday - Wells Fargo - $GS, Citi, Morgan Stanley, TSM - all before the market open All of these financials have been beaten down so could these be good on commentary - JPM down 16% YTD Tom sent analyst recommendation of FANG at $233 - it just had a macD cross down Analyst who pumped $ZIM - says DO NOT BUY THE DIP It’s not a buy in teh algo right now JBHT buy at $173 $BAC under $40 with a MacD cross up before earnings