It's Friday so let's set this up for Monday - Market update 9-30-22
Daily Stock Picks - A podcast by Gary Vaughan
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Support the podcast - https://anchor.fm/dailystockpick/support Social Links and more - https://linktr.ee/dailystockpick Happy International Podcast Day! $Schw for Willy from Instagram …. It was a cross up scan from Wed of last week $Nke earnings - cfo said inventories in North America up 65% - its ugly - costs go way up NIKE CFO: TRANSIT TIMES ARE IMPROVING, INFLATION HITTING DEMAND *NIKE SAYS IT'S TAKING `DECISIVE ACTION' TO CLEAR INVENTORY Meister yesterday (Cleveland fed prez) sounded hawkish and then doubled down in the afternoon for bigger selling Bonds will go up because fed will continue to raise rates… This is going to continue $TSLA down big $BAC could be a leader like in 91 and 92 Cramer last night said $gnrc was a good one (sorry Jackson) … he says buy 20 shares every 20 points down …. This could be the kiss of death Look at $msft for friend tomorrow $Avco - Tom $Weat with Ukraine … look at April $Labu - Tom $Amlx - Als drug is promising - Tom Futures can’t stay positive so play $spxu and $sqqq Helima Croft - European energy infrastructure is just not secure - next weeks opec meeting could see a cut in production - December 5 of eu sanctions on Russia kicks in and that will trigger a huge price disruption - demand is where the question is - supply will get cut Risk is recession and fear of that that’s killing prices $TSLA and $AAPL falling back with everything else SCAN $CAT $TRV $ARKF $CHTR