Daily Stock Picks

$TGT missed $LOW meets We are going to chop around - 2pm minutes of fed meeting comes out but it’s from a July meeting where we still saw bad things … the market is expecting a 50 point hike but if they do 75 we might see the pullback $BBBY is crazy …. Ryan Cohen bought huge options way out of thr money at $60 and $80 per share It’s up another 25% today … but there is no reason for it to be there...

I think buying energy on weakness today is the play. With oil at $88/barrel you're looking at close to the lows IMO.  $MU for Liam $Zip for Brian - earnings coming up and employment market Earnings this week will be key … remember as traders a key is patience - don’t force a trade just to trade - have a plan and execute it - if things go wrong always have an exit strategy too $WMT $LOW $HD $T...

September fed tightening may kill this market so be cautious The market wants to go … but it’s been huge for 45 days now $Gs $Clf $Boil $Pbr ex dividend date - 44% $Orcl $Lng above $150 $MU Micron for Liam Explain why buy and hold is much better than trading and why sitting on your hands is always better because you just can’t time things $Cop $Dvn $Oxy $Xom $Cvx $Fang Nat gas is down - boil had a...

$DIS - up 5% yesterday and 10% today - hope you bought even though it was a strong run up. $VET reports after the bell and could be crazy - so does RIVN - who has had a run up with the recent inflation bill - the valuation is still crazy and I’d rather see people in TSLA stocks are ready to take off again because of a decline in producer price index - the cost of goods - GOING DOWN! Again - gas pr...

Tip me for my birthday - https://anchor.fm/dailystockpick/support  Here’s a quick one for you and cpi data just pushed the market to a huge rally like I suggested on Twitter last night And I did this entire episode - recording, editing and posting all on the Anchor app - AirPods and iPhone were the only tools used to record. 

https://anchor.fm/dailystockpick Birthday tomorrow … tip your stock picker like a bartender. A quick one today but there are tons of ideas here. Quality will improve as I get home - just too many noises in this hotel to record with a mic. 

My apologies for not scanning the market but remember to trade the trend … this market is in an upward direction so use the tools like tqqq and others

https://anchor.fm/dailystockpick/support Late night working last night but had so much fun!  $Pxd great earnings quarter with great dividend $Cop killed it on earnings $Tqqq has been huge $Boil or $KOLD? $AMZN has been flying $SHOP has been flying $TSLA $Arkk and others have been soaring - you're out of $SARK $LCID down on earnings $Mrna blew away earnings TrendSpider Alert "$DRV - Buy" Price...

https://anchor.fm/dailystockpick/support I've had some long days working here in LA so I haven't had tons of time to look at stocks, but the ones I pointed out this week have been doing REALLY well.  $AMTD $PLTR $EJH $SOFI $Uber $TSLA $F $Spg $Xom $Cvx $Dvn $Fang $Shop $Pypl - wow $SQ reports tomorrow Monday $DVN and $MOS and $SPG and $FANG Tuesday $Uber $amd and $cat  Wednesday $MRNA and $MRO Thu...

SUPPORT the podcast - https://anchor.fm/dailystockpick/support Pins better than expected user growth… plus activists … the could be a good mix - soaring in pre market Cat down - missed revenue and is down and said supply chain issues exist Bp up 2% - reporter beat on everything and raised dividend and more buybacks Uber up 10% on earnings Oil down on low manufacturing numbers making traders think...

We had a HUGE July between $BOIL, $TQQQ and many other recommendations. Let's hope August is just as good.  I go over a quote that I heard about trading and how you should lear.  Thanks to the supporter’s and remember there’s a tip button on Twitter as well. https://anchor.fm/dailystockpick/support 148 s&p 500 companies reporting this week including energy companies Monday $DVN $MOS...

The key point from the inflation reading is that the economy is weakening much faster than anyone expected. That’s the key point to the fact the fed may not need to raise as fast as once thought. Mohammad Alerian thinks the Fed is going to be behind $Intc - just an extremely ugly quarter and most likely the worst quarter since it’s been a company … gelsinger the ceo hasn’t turned things around and...

Be forewarned - the volume goes way up about 5 min in. I had a microphone problem and had to raise the gain.  Crazy rally after Powell said no recession Honestly - I didn’t see this at all but $tqqq had confirmation all day … I was not trading but again - this is once in a lifetime to get Google at these prices Specific to growth and tech Remember that June rally reversed next day $Qcom beat...

$MCD - perfect example of how to invest with my story of $1 drinks $KO - investment - not a trade - and a very good one  $SNOW - still like this $MU - you've gotten your 10% on this trade.  $AMZN and $MSFT - the traders on CNBC make good points - probably not good to hold short term - it’s going to be tough because of the multiples - but if you are investing for more than a year - puttin...

$UNH $QCOM $GOOG $META $AAPL $AMZN $XOM $CVX $Pxd $TSLA $RIO $NVDA $BOIL $UCO $LNG - $crk $vet may be better $COST NFL announced they launched NFL plus - but Goodell has said SUnday ticket is moving to an app service and apple is the leader - this will mark the end of linear TV service. $UPRO $SPXU $TQQQ $SQQQ $SARK $IWM from Trendspider is trending on the 50day EMA - IWM is a small cap ETF $Wmt w...

I go over some of the earnings this week: Tuesday - $GOOG and $MSFT Wednesday - $QCOM and $META Thursday - $AAPL and $AMZN Friday - $XOM and $CVX Commodities seem to be turning around and $FXC and $RIO seem to be on an uptrend $SNAP - was it a Snap issue or an overall ad downturn? Did $meta figure this out in Q1 and is that all priced in already?  $KMI - interesting safe 6.7% yield in the ene...

I ramble on quite a bit with EU political issues which should drive energy (both oil and specifically nat gas) up.  I also ramble on about how the Nasdaq is down further than the Dow and S&P so the Nasdaq over the last month has been the one bouncing up.  Some stocks I like now $SNAP - earnings tonight $PINS - private equity getting involved $META $QCOM - wow this has taken off from...

The German govt is telling the EU they will have to ration nat gas. This is bullish for $BOIL. Nord Stream pipeline getting turned up now.  $NFLX - if you listened and took the trade - you made 10%. It's coming back down to earth now.  China has warned of Pelosi visit - this is bad.  $GS - you have your 10% by now - you're welcome $GOLD - hasn't moved, but it's still oversold. Since...

Thank you to all the listeners, reviewers and especially the supporters of the podcast. I love recording these and the feedback you give so I am humbly saying thank you.  Follow me on Instagram (daily.stock.pick) or Twitter (www.twitter.com/dailystockpick3)  I talk about how the S&P is now trading under it's 50 day moving average for 60 days in a row - not seen since 2008. So we are...

Tom Lee was on CNBC Friday and said "Don't sell the rally". I'm not sure it's going to be that strong here, but earnings seem to be good.  Covid is back in the news so keep an eye on $MRNA - it's strong now - but look for pullbacks $C was a great call on Friday way up. Still trading at about half of book value - so it's still got room to run.  $BAC earnings - buy under $40 - sell over $4...

I go over all the places on YouTube that I trust to learn about stock charts and fundamentals.  1) Ziptrader 2) Trendspider U 3) Trading Rush Mac D 4) Focus on RSI, SMA vs. EMA, MacD and later identifying pattersn 5) Develop your own style that you feel comfortable with and try back testing (using Trendspider - sign up through my pinned tweet and support the podcast)  Oil is back in play...

Use ETF's like $SPXU $SQQQ $UVXY when the market is down and $TQQQ when the market is up.  $TSLA under $700 again and is back over it.  $CLF - get it with the $14 handle  $JPM - missed on earnings - mainly on investment banking - down big $MS - was down big - missed on investment banking as well - semi recovered $QCOM - great trade so far  $TWTR - looks interesting with their r...

Ray Daleo of Bridgewater Capital Hedge fund - they are up 32% YTD which is incredible. ZipTrader Charlie went over his strategy on his video last night - great video and you should watch it.  $BABA - his largest holding $PG is also a large holding - he has large positions in Mega Value (under 17PE) and tons of small positions in medium companies.  $TSLA - under $700 - start buying again...

I recorded an entire podcast this morning and then found out my computer hard drive has crashed so I had to re record it and I've spent 5 hours. Here are my notes that I read off of .... I'm going back to trying to troubleshoot.  Will the courts hold Musk to his $54.20 price for Twitter? Maybe it’s worth putting some money in because it’s not going to zero. $Fcx and other commodities near 52...

I talk about how $SPY has had quite a few double bottoms on this bear market run and we may have just seen the double bottom and may have another leg down from here.  A couple of things I go over for a while: Oil - Helema Croft said oil is only staying down because of recession fears. Once Nordstream1 comes back on July 21 and Russia doesn't pump oil along with December sanctions - oil will g...