Daily Stock Picks

The ones I'm most excited about are $ITB $HD $LOW and $JBHT as they all had recent MACD cross ups.  Trendspider has a game changing indicator now included. It's called GONOGO and I just added it. I will add the charts above with this indicator.  $ITB - Carter Worth of CNBC says this is a way to play the home builders being beaten up. Looks to be a buy now $TGT - it was a buy in last week - I still like this stock. Name a time you go to Target and don't spend an hour shopping.  $HD - $LOW - both of these have MacD cross ups $MRNA - out now, but on the watch.  $UPS - down still but it will turn around $ZIM $EGLE $DAC $SBLK $GOGL - all are shippers that are turning around.  $ATER - Ziptrader loves this stock to trade - trade with caution on it.  $UCO - China has demand low - buy on weakness $DVN - under $60 - buy $BTU $CRK - hard to find buy ins because they don't pull back $SHOP announces a split - but it's still got weakness. 

$TSLA TX opened yesterday with BIG news that should provide more catalyst for the stock. The big news: 1) Will operate on huge scale - I talk about Ron Barron's analysis on stamping cars together and how Tesla is revolutionizing car manufacturing  2) Will push FSD to all North America 3) Will begin production push for new products (ie - CyberTruck, Semi and Roadster)  $TWTR - a day after this speech, Musk will address all Twitter staff. There are obviously concerns with some key employees for this to happen.  $HD and $LOW look to be on the bounce. I've got alerts on them and will let others know when they are a buy, but they have been beaten down.  HEALTHCARE - 2 mainstays in your portfolio should be $UNH and $ABBV - both stocks are currently VERY strong and I would suggest waiting for buy in - but I have not bought in for a while and regret it. You can't win them all.  SHIPPERS - $UPS $ZIM $DAC $EGLE - these all are currently swinging down and I've got alerts on them. All are bouncing down, but I believe they will recover. Alerts have been set.  HYPE PLAY - $MRNA - with China shutting down their cities, Covid BA2 spreading throughout the rest of the world, boosters now and a potential Omicron vaccine - this will bounce back before earnings. Alerts have been set but I believe this one goes back to $170 from here - it just hasn't bottomed out yet.  $UPST - I think this one also could bounce back around earnings. Alert has been set.  $SHOP - this has been disappointing and sorry for leading you in. This week it will be down (first time in it's history for the week), but the month has a 100% win rate too. I would hold on here if you still hold. If you set your stop loss at 5% (like I usually do) at least you have a lower buy in now for a positive month end ... fingers crossed. 

Will Tiger win this week? He thinks he can and Freddie Couples thinks he looks great.  Tesla will open GigaTexas today and if you're around the neighborhood - Elon says the doors will be rather lax on letting people in. SO GO!  $SPY is trading under the 200 day for the first time since the bullish run on March 11.  Oil is up - not over $100 but it will go back over so play $UCO Stocks I go over.  $UPS $SHOP $UNG $BTU $CRK $INTU $QCOM $Mrna $Twtr $Orcl $Dvn $MOS $CF $UNH $TSLA $BAC $MS $ZIM $DAC $SPG $SKT $AXP 

Leon Cooperman was on CNBC yesterday afternoon. He's my fave CNBC guest for many reasons, but the highlights were: 1) He's 68% invested in the market - he's taken some cash out.  2) He thinks the Fed screwed things up and will kill growth, but they need to.  3) He's still 20% in energy in his portfolio - which is heavy. 4) He's in COOP - Mr. Cooper - he said book value is in the $60's and the stock is in the $40's. I looked at insider transactions and all insiders are selling - not a good view.  Stocks I'm looking at: $UNG - Natural Gas - continues to go up along with $BOIL  $SHOP - 100% win rate since 2015 this week and this month - down significantly giving up all gains. Support levels around $650 if it continues to drop.  $QCOM - down again, but I believe this is a $200 stock by the end of the year. The market is trading chips down based on the future having a glut of chips.  $AMD - trade this from $100 to $120  $INTU - start positions under $500 even though the PE is high. This is a software company and they will make purchases in this environment.  $BTU - Thanks to Thomas for this one. $24 buy in on the algo - get it around there.  $URNM or $CCJ for nuclear  $DVN - get it under $60 and trade around that price point $UPS - get it under $200. This now is a value stock. 

Yes - Elon is now on Twitter's board. Hype play - but I do think $TWTR goes back to $70 with him on the board. But there are other stocks that have opportunity.  $SHOP - Did you get in? It's now up 20% from where the algo said to get in (3/10 at $567) $INTU - It's tax time - yes it's expensive (P/E is 64) - but there's also an ex dividend date coming up on 4/5 - get in on this one between $490 - $500 if it dips there in next few days. I think you could get back to $600 and enjoy a nice dividend on the way there.  $QCOM - not in on this yet, but getting there.  $DVN - get in under $60 $SPG - 5% dividend and you'll get back to $140 soon.  $SKT - same thing with Simon - Tanger outlets with the consumer being strong are good and enjoy a 5% dividend while there. It's summer clothing shopping season.  Financials - $WFC (Wells Fargo) and $MS (Morgan Stanley) are quality financials at low prices. The yield inverted already - I think these 2 are opportunities. And $BAC under $40 - buy it.  $CCJ - Uranium for nuclear power - it's cooling off but pick it up on a pullback  Shippers - $ZIM $DAC $EGLE $SBLK - buy these in a week or so - they are breathing now.  $UCO - get it at $166 - it'll be back at $200. 

Big news of the day is Elon Musk buying a 9% passive stake in $TWTR. The stock is up over 20% in premarket. I have a range that I think it trades in, but this is big for social media. I discuss my thoughts on Twitter, Facebook, Instagram, Tik Tok and Snapchat.  I discuss some plays that were suggested over the weekend including: $XOM - $80 is the support level and algo has us in. This might be good to play in to earnings as most energy plays might be.  $NEM - Carter Worth discussed this as an opportunity. To play this you would have to assume it can keep going above the 52 week highs.  $ETSY - is this one oversold and will it bounce like many other Covid plays?  Natural Gas  $FANG is one of the cheapest stocks to own in the S&P. This is probably a good one to get in to.  $ZIM - still love this one, but $SBLK I like as well in this category.  Dow Transports are down 4% YTD - but look at JB Hunt and others. These are opportunities.  $TSLA delivered 310,000 cars this quarter (vs. 185,000 this time last year) and that's without Berlin or Texas. This stock if it dips under $1,000 - pick it up. 

No April fools jokes here. Tons of trade ideas with these stocks.  $INTC going to $47 - buy on weakness $PVH, $RL looking to go lower Josh - CG - Carlyle Group INC - they just got $50 billion added to their $300 billion they manage which will add $50 mil/year to their fees (which are currently at $175 mil. Diegas - $ORCL - just got a downgrade, but the MacD is about to cross under with a sinking RSI. You should take profits, but maybe get ready to get back in . Jim L. - Kinder Morgan - $KMI - energy infrastructure company that operates pipelines. It’s had a run from $17.- $19 adn the macD is crossing while the RSI is going down, but Farmer Jim believes in it like $CLF. It’s at the high end of the targets - but it’s energy. Jenny - National Retail Properties - $NNN - high end retail with long term leases. Targets are around $50/share. It’s trending down with a macD cross down coming and RSI retreating but it’s got an upward 50 day with a flattening 200 day. $BOIL - levered ETF that corresponds to 2 times the performance of the Bloomberg Nat Gas index for the day. That’s why you trade it for days and don’t hold. $UNG - US Natural Gas fund - tracks to the delivered nat gas to the Henry Hub in Louisiana and is a futures contract fund. $CRK - Comstock - energy - oil and gas - this one has run and had a downgrade, but they have a price to book ratio of 2.95 compared to industry 3.31 so it may still have room. $LAC - Litium - $40 price target even before the defense act - these targets could get raised. $CCJ - Uranium Miner for nuclear - big upgrade and could be a $40 by year end $APPL - if I were trading from $158 buy in, I would be selling now that the MacD and RSI are downard. I think we see it hit $170 support and then back up for a positive April $CRWD - alert to buy yesterday at $231 - it closed below - it’s had quite a run and may be in for a pullback but far below the 52 week high back in Nov of $298. Also look at $ZS $Gme and $amc fueled by gme announcement of the split $Amc is def trying to get above $30 but can’t Retail investment is way up … that might mean buying some of these meme trades on the pullbacks is a good thing The thought is that the China shutdown is easing the price of oil … not strategic reserve release … 1 case shut down Shanghai which is Texas and that could be an indication of how China is dealing with it. Memorial Day is the start of peak oil season. Supply chains are still an issue with Auto Makers - $TSLA is increasingly looking like a better option for car buyers. Let’s wait for the Q1 deliveries number but according to my friends that work there - they hit their targets. Shanghai projections with the shutdown might be an issue. $AMZN Jassy comp was $212 mil with $211mil of stock - that is how important the stock price is ….so get ready for this to grow with the split being the first part. He very well may suggest an AWS break out to optimize shareholder value.

$SHOP Strongest week of the whole year is next week. 💸100% win rate & +6.5% average return since its IPO. I'm buying in hopes of this trade since it's been down and there's a gap fill maybe.  $TSLA gap fill up to $1134? We get Q1 deliveries tomorrow and earnings shortly after. All kinds of catalysts for this stock including the anticipated split vote.  $MOS - this has been beaten up. Fertilizer will continue to climb so buy on weakness.  US is tapping the strategic oil reserves. This will do very little. Buy $UCO on weakness - even Jim Cramer said this (which could be the kiss of death). Helima Croft (who is the goddess of oil IMO) said right now 2 million barrels of Russian oil has been taken out of the market. They expect the next 2 million to have a very large impact going forward. 

I need to get back to recommending specific stocks, but in reality - you've had a HUGE run since 3/14 and at some point we pull back. I haven't been getting in to names because they've run. Some that I want to get in to on pullbacks are $NVDA, $TSLA, $UPST and $TWLO.  Today I discuss the increase in share prices since 3/14 (list below)  $UCO was the play yesterday and it most likely will be the play today. Germany announced a potential gas crisis and nobody in Europe is driving with gas at the equivalent at $10/gallon.  Mortgage applications fell 7% from last week and refi's are down 60% from last year (15% from last week). Housing is strong - and they are making all cash offers.  3͟/͟1͟4͟ ͟ ͟ ͟ ͟ ͟N͟o͟w͟ $SHOP  $513 $743 $SE  $88  $127 $TWLO  $125 $175 $TSLA  $765  $1096 $NET  $84  $130 $SNOW  $167  $239 $AAPL 🍎 up 11 straight days.

In the bond market it's clear we're heading towards inversions. The 5/30 inverted yesterday, the 2/20 inverted today and the 5/10 has inverted as well. It looks to be that the key indicator of the 2/10 will invert. That would indicate to me that 11-14 months from that inversion, we will see a recession.  Ukraine / Russia peace talks seem to be constructive. That's moving oil DOWN so you'll need to play $SCO right now. I do think oil goes back up and $UCO will be the play, but it's clear the China shutdown and Russia peace talks will make $SCO the winner.  $DATS interesting hype play - but that's all it is $AMC is outpacing the S&P on most time frames and has doubled in the last week.  $HYMC may have more resources than expected and is a good $AMC divestiture of their captial  $FDX - CEO is stepping down Jun 1 and the company is under valued. May very well go back to all time highs. The CEO is the founder who took the company public back in 1976. He implemented the timely package delivery which changed supply chain forever.  $TSLA split will be voted on as the form was filed with the SEC.  $SPG - collect a 5% dividend while waiting for the consumer to get shopping again.  I'll be using the Trendspider scanner tool to find recent MacD cross ups and I'll be posting them on Twitter.