Is $GOOG a buy at $109? - WHY? 5-10-23 Market Update
Daily Stock Picks - A podcast by Gary Vaughan
Categories:
$GOOG dev conference announcements with AI - if it holds $109 today we are off to the races $UPST went crazy $RBLX earnings Banks showed up on the daily scans as bullish $ARKW is my favorite - but I take a look at all the $ARK funds Tons of scans in the private FB group and listed below 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 CPI - 4.9% - this is down AGAIn which is hugely bullish and confirms the fed may pause Bond rates down, stocks move up big and Bitcoin and crypto up big! This opens the fed pausing in June and likely reduces rates later this year IF things continue to move this way. We have PPI tomorrow and the debt ceiling still to get out of a fear mode for downside Oil down based on supply level increase in the US and continued slow demand in China $GOOG dev conference - I think $108 is the breakout because it’s got very little resistance above - auto fib - old resistance turns to support at $109 if we close above it Dman commented jeld is up big time again. Latest picks Generac, seas, smg, Is doing good too and Something Iv been looking at lately is ONON its a shoe company that got traction lately. Deff over priced tho I think. But mid and small caps are the opportunity I think since large is so crowded that being everyone playing safety. Gotta think out of the box sometimes in times like this and not follow the crowd. It's about what's doing good that people don't think are doing good is the trick think I'm getting the hang of. $upst - crazy move $abnb - weak guidance but I do think it’s a good long term play $pypl - at $65 $soxs - big move $nvo nordisk for Carl $dis earnings $RBLX down on earnings - still had an increase in users year over year $mara and $riot $uco $sco $boil $kold $ARKK $ARKW $ARKG $ARKF Scans $PXD $AMZN $BA $FANG $XLE $BOIL $HAL $SLB $DRV $SDS $VO $VTI $XLI $RNG $PINS $CAT $AXP $ODFL $GD $LMT $C $COF $USB