Buy $TQQQ before the weekend - 5-26-23 Market update
Daily Stock Picks - A podcast by Gary Vaughan
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50% off Trendspider for Memorial Day - get it now! $TSLA and $F agreement $TQQQ might be a worthy buy to hold over this weekend (normally I wouldn't say that) $BABA might be a good one with future options being heavy $SMCI - why I think it's a great trade but I couldn't find anything about it Hopefully you listened. I think it's a $400 stock by the end of the year. 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 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 $COST earnings - no membership increase - increased margins - but was just blah overall - I think you could buy assuming a membership price increase comes this year. $CRM earnings next week should be heavy on AI $CRWD new 52 week high earnings next week look at the top price $QQQ maybe by triple levered into next week before the weekend thinking there might be a debt ceiling deal. Closing about 12,600 tomorrow confirm additional rally… look at $tqqq and $sqqq 100% win rate in July for $TQQQ and $QQQ so don’t bet against a rally Got some questions about $SMCI - do your research. Some folks have told me they are in some way tied to the chip makers. While that may be true - I couldn’t find it and it’s a small market cap company that seems to have a bunch of different information even on FINVIZ. When I looked at FinTwit on the side it’s all retail hype. Options are out of control on this stock which is what’s pushing it higher and it might be a rug pull. $ARKK pulled out of $NVDA - part of why I don’t get back in $nvda had the 2nd largest market cap gain in S&P history - $184b just today $mrvl on their call said they are just starting their ai journey The problem that we are seeing with $nvda $amd $avgo $tsm $MRVL and other chip companies is whether or not we are seeing a similar supply chain issue where we have double and triple ordering now $NVDA chart - has to hold $366 for the next few sessions in order to create that low as support and the level to buy at. $tsla insider buy Also they announced yesterday on spaces that $f vehicles will begin using the tesla supercharging network beginning next year but until then there will be an adapter. This is huge for $f and it will be big for $tsla too $baba had huge options yesterday with huge interest in the July $100 calls - under $80 it might be a good swing with validation $PDD is flying $ulta - probably an over reaction but really bad earnings $BOIL under $3 in that $2 range that I predicted. Butch from Facebook Thoughts on $SNOW after earnings (which they beat) ? Price took a hit after slashing its outlook for 2024 amidst slowing growth for cloud services. Price sitting between 52 week high and 52 week low after a 16% drop 😩left a gap 176-158 🤔 price targets range between 150-215 🤔 CEO also spoke about acquiring NEEVA to enable SNOW to utilise AI-equipped search products across its cloud services 🤔 And thanks. Great content and a daily ritual for me to tune in 👊🏻💪🏻 James from Instagram What do you think of $mvis! Also weed stocks such as $SNDL and $TLRY. Both part of the $MJ etf you’ve mentioned on your show MOTLEY FOOL QUESTION? Which of these 12 Motley Fool recommendations -- all down more than 50% for us -- have the best chance of coming back and beating the market? And which don't? Bitcoin $DOCU $ETSY $FSLY $LMND $RBLX $Roku $SHOP $TWLO $UPST $Z $ZM SCANS $MSFT $IGM $XLK $GS $TECL $TQQQ $HIBS $SRTY $XLK $TMO $ORCL