$META - I bought before earnings - 7-26-23 Market update
Daily Stock Picks - A podcast by Gary Vaughan
Categories:
Follow along with all my trades and journal your own here - https://savvytrader.com/Dailystockpick/2023-trading-portfolio I love Webull - Sign up here and get FREE STOCKS $GOOG and $MSFT earnings - wait for good prices - $META I like under $300 - $TSLA - I may have missed - but have patience. I'll expand some charts in the newsletter so be sure to subscribe. FREE NEWSLETTER WITH CHARTS - subscribe at dailystockpick.substack.com SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3MFGCRG $20 off your first month - only $5 for the first month 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 - https://a.webull.com/yNyte9iTQnfaDYFHdv Social Links and more - https://linktr.ee/dailystockpick NOTES https://finviz.com/published_map.ashx?t=sec&st=d1&f=072623&i=sec_d1_085308998 $SPY Monthly - can we continue? Well the monthly just crossed up on the MacD which has been HUGE in the past. https://share.trendspider.com/chart/SPY/18946iwc070 FTC has a lawsuit ready to sue and break up $AMZN as soon as next month Between $MSFT and $GOOG, the CEO’s said AI 145 times on their earnings call $upst on brads portfolio Teamsters and $ups agree to deal - that’s huge $wfc announced a $30b buyback - huge again for this name you should have bought under $40 - it’s a $60 stock this year $goog beat earnings - anything under $130 at this point is a buy - I think it goes to $145 on this run and $ggll would be the play $msft beat too - $msft just has run too much - buy it on pullback though - they also did not provide details about copilot which seemed to be the key when it fell - they declined to give any details The valuation would say buy $goog here long term. $msft is priced higher and has perfection priced in. $snap missed - their ad revs probably went to $meta - the only question is whether $meta has run too much - but I bet they blow it out I think also with $goog and $msft cloud- $amzn may be in trouble - remember they valuation of $am zn is based on aws and them reporting late has traditionally meant some trouble. Any pullback should be bought imo $DISH and $AMZN partner for wireless service - $25/mo unlimited https://finance.yahoo.com/news/1-dish-network-partners-amazon-123420911.html With all these earnings and banks - I think $dpst is a go $ba beat $ko beat $spot earnings It was another frustrating quarter for growth stocks that aren’t growing fast enough for the market’s liking, including Spotify. An example - love the company but the stock never made sense AppHarvest announces bankruptcy. The sustainable food company backed by Martha Stewart has filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code. Its largest secured creditor, Equilibrium, has agreed to provide approximately $30 million of debtor-in-possession financing to support operations during the process. Day trading video Low float high volume is the key to day trading - great video - but you don’t need a news scanner - https://youtu.be/Wk-h2CwEH5k $simo Want a master class on how to build your own portfolio? Watch this https://youtu.be/2Ohw3XZWFIg And he also analyzed dividend etfs https://youtu.be/S4_1ZNaTTpA Largest stocks that report earnings tomorrow Facebook $META Coca-Cola $KO Thermo Fisher $TMO Union Pacific $UNP Boeing $BA ServiceNow $NOW AT&T $T ADP $ADP Equinor $EQNR Lam Research $LRCX Fiserv $FI CME $CME General Dynamics $GD O'Reilly $ORLY Chipotle $CMG Stellantis $STLA $ODD - Cramer made a very compelling case based on the valuation of $ELF SCANS $CLF $NXE $FAZ $BIDU $BABA $OKTA