A week of catalysts and $TSLA is a buy - 5-8-23 Market update
Daily Stock Picks - A podcast by Gary Vaughan
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$AAPL is the best stock there is $MARA and $RIOT - better than $PEPE or $POOH $BRK.B under valued? A lot of stocks that are bullish with crossovers A look at $SPY weekly and whether we are in a bull or a bear market for a weekly perspective In Mexico - the show is sponsored by $MELI - what a killer stock. In the US - the show is sponsored by Carvana $CVNA and Reeses Peanut Butter Cups SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3P8FJPM, it has all the info you need to know about joining Visible. When you use my friend code, 3MFGCRG, you’ll get your first month of service for $20-off! Use code DSP25 for 25% off Trendspider's platform - https://trendspider.com/?_go=gary93 Please use this link as I do get a commission when you sign up, but it's the program I use my algorithm in and I'll give you access to the algorithm if you sign up through this link. I will also give you watch lists and my custom scans that I use in the podcast every day. Sign up for Webull and get free stocks like I did - WEBULL LINK Support the podcast - HERE Social Links and more - https://linktr.ee/dailystockpick NOTES Remember that $420 on spy has been the resistance so in my world I’m going to trim some of my more risky holdings and take profits - if we go past $420 I can buy back in because I think we see $470 But if you have TrendSpider make sure you have your setup to identify a trend Look at bond rates on fidelity The main issue is the govt playing chicken with the debt ceiling. I don’t think they let it go but both sides are playing a dangerous game. They all meet tomorrow at the White House so maybe a big catalyst too. If a deal is done - expect a good pop. Pepe coin and Pooh coin in long angle - likened it to slot machines - some will win big but don’t hold it …. One member who runs a very successful crypto hedge fund said stick with eth and btc - forget others - and remember the miners are solid $riot and $mara Buffet meeting - commercial real estate was in focus and their holdings like $oxy and $aapl Berkshire q1 profit up 12% year over year and they have hoarded cash - over $130b Regional banks like pacwest $pacw and $wal are still going up - but not out of the woods Experts are saying don’t get in to those stocks because it’s too risky - but like anything - you could yolo $dpst is the short term play and $schw is the long term play $aapl returns over the years - it’s gotten most of the recent gains from stock buy backs so it could continue as they produce huge cash and pay a very little dividend Inflation (cpi) and producer price index on wed and Thu this week will be the catalysts Oil is up because recession fears seem to be fading with the move on Friday $tsla out of the $160s and is up at the $170s - you could get this as it goes to $200s again - I posted a Motley Fool article in the private Facebook group where they said it’s time to buy. $zs earnings pop - crazy good which affects $crwd and $panw SCANS $OXY $TGT $CRM $AAPL $XLK $IGM $PYPL $CRWD $PANW $LAC $DRN $TQQQ $URTY $BYDDF $NFLX $SEDG $FDX $ABNB $O $ENPH $ROKU $KDP $LRCX $FTNT $WBD $AVGO $MA $TXN $GM Vanguard funds $VUG $VXUS $VEA $VNQ $VBK Sectors $XLK $XLRE