$NFLX big winner - $TSLA is still a hold - 10-19-23 Market Update

Daily Stock Picks - A podcast by Gary Vaughan

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$NFLX killed it - $TSLA - I would still hold long term, but they have to define themselves as a software company and not a car company. Plus $DVN may buy $MRO - so it's like the $PXD buy I recently did.   Get my algo and a special offer on Trendspider - https://trendspider.com?_go=gary93  Get $50 off a year of Seeking Alpha.  https://www.sahg6dtr.com/2L9M597/R74QP/ TESLA referral -Use my referral link to buy a Tesla and get up to $500 off and 3 months of Full Self-Driving Capability.  ⁠⁠https://www.tesla.com/referral/gary82526⁠⁠ Social Links and more - ⁠⁠⁠https://linktr.ee/dailystockpick ⁠⁠⁠ FREE NEWSLETTER WITH CHARTS - subscribe at ⁠⁠⁠dailystockpick.substack.com ⁠⁠⁠ SPONSORED BY VISIBLE - Check out this page: ⁠⁠https://www.visible.com/get/?3P8FJPM⁠⁠  $20 off your first month - only $5 for the first month Sign up for Webull and get free stocks like I did - ⁠⁠https://a.webull.com/gGlte9iTQnfaDYFa4S⁠⁠ Get AT&T Fiber at your home - I have 1GB service ⁠https://www.att.com/referral/code/?ref=TVY-3964⁠ NOTES Yesterday’s down day was the bond market - the 10 year at 4.91% - there are no buyers for debt at the rates so it’s troubling and these bond rates are the cause of the stock market going down.  The best performing S&P 500 stocks of 2023 (so far). Want to hear some stats? • Meta +165% • NVIDIA +211% • Tesla +122%  • Over 74 stocks are up 30% or more since the start of the year $nflx - killed it and the ad tier was not a problem - going back to $450  Netflix jumps 9% as it reports best sub growth in years, new price hikes $tsla - missed and the price reductions are pulling the stock down. Cyber truck deliveries in November. Solid quarter but they are pressured with demand slowing as they increase production.  Tesla sees margins tighten but holds the line on full-year deliveries guidance Starting with its third-quarter results, the company’s adjusted earnings of $0.66 on revenues of $23.35 billion missed the $0.73 and $24.1 billion expected. It marked the first time since Q2 2019 that it missed on both the top and bottom lines. Quarterly revenue growth has stagnated over the last year, primarily driven by increasing competition and high monthly payments for new buyers. 16% margin is downward since one year ago it was 29%. As it moves down it’s more of a car company and as it moves up it’s more of a tech company. The cybertruck is a downward margin event and Elon said it continues to move down as they spend there.  Elon Musk: 'we dug our own grave' with Cybertruck; Tesla slumps $spr soared  Spirit AeroSystems Holdings (NYSE:SPR) shares surged around 20% on reaching an agreement with Boeing (BA) to support production stability. The agreement comes after quality issues with the Boeing 737 Max aircraft led to delivery delays in August. The companies aim to improve quality and boost deliveries through collaboration. $dvn looking to buy - get ready - this is like $pxd - get in  $DVN may buy $MRO - like the $PXD $XOM deal Where to invest $1m  Where to invest $1M dollars Social  Brian from FB - $NIO A Game-Changer For Dividend Investors: Seeking Alpha's New Dividend Grades https://seekingalpha.com/screeners/967860ab40f7-Daily-stock-pick---dividend-screener- $meta for Cecilia on fb  $AMZN for Nathan Webull - https://a.webull.com/iHwte9iTQnfaDYF49n SCANS $TBT $UVIX $PSQ $UVXY $SARK $HIBS $SQQQ $IBM $ZM