$NVDA and $SNOW earnings day - 8-23-23 Market Update

Daily Stock Picks - A podcast by Gary Vaughan

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$NVDA and $SNOW have earnings and both companies have the opportunity to pop, but earnings season has not been kind to even blow out quarters so far in August. I think any pullback in $NVDA can be bought, but in this market ensure you have some confirmation and you're comfortable enough to dollar cost average on good companies with good products with good management and good earnings. Social Links and more - ⁠https://linktr.ee/dailystockpick ⁠ Follow along with all my trades and journal your own here -  https://savvytrader.com/Dailystockpick/2023-trading-portfolio FREE NEWSLETTER WITH CHARTS - subscribe at ⁠dailystockpick.substack.com ⁠ I love Webull - ⁠⁠Sign up here and get FREE STOCKS⁠⁠ 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/gGlte9iTQnfaDYFa4S NOTES $ANET - a way sexier $CSCO and they are needed for AI - so no matter who the chip company is - this is the infrastructure to own. It’s expensive and it’s a trade right now - not an investment.  $tol - seriously best quarter ever … contracts up 77% year over year …. Raised guidance and everything is going incredibly well … avg price was $1.6 million for a house - that’s just nuts  $vfs has huge pops - key supplier within ev market is setting up in Vietnam - it’s crazy with big jumps because the float is low - they are building a plant in nc with expected deliveries in 2025  $baba $ibm and $xhb were the final trades from last last night  $SHOP - it’s capitulating here - I am adding more $PYPL - maybe $50 handle was where to get this? It’s looking positive $SNOW has earnings - I own this - their last earnings they dropped from $180’s to $150’s and recovered. This earnings you’re coming in at the $150’s. But this earnings season has not been kind to companies.  $COST on this dip - buy when it confirms  $DVN under $50 again $OXY - you are out on this run with a 10% gain $GS - close to book value again  If I had bought $MRNA when I got Covid - I’d be doing well - the surge in covid has hit alot of stocks. like $BNTX   EARNINGS SEASON OVERVIEW  It is almost like sentiment was too high going into earnings season... except for Energy. https://www.earningswhispers.com/heat The two names at the extremes, though, are going to report tomorrow - $AAP is down 39% and $NVDA is up 54%. The more recent large moves are all on the downside, with #SEDG #DXC #RMD #DFS #GNRC #ETSY #PACY #FTNT #NCLH #SEE #ENPH #TSLA #IFF #TFC #ALK #DG #EFX #DXCM #OMC #PYPL #AAL #FTRE #PODD #ISRG #CPB #EW #IVZ #WBA #LW #JCI #MHK #ALLE #GM #NEM #GIS all seeing greater than 15% declines.   #LLY #ANET #CTLT #REGN #NTAP are up 15% so far since reporting earnings last. Earnings today - $NVDA $SNOW Earnings from this morning  $FL - horrible retail quarter continues - lowers guidance and paused dividend  $PTON - horrible results - they just are not executing $ANF - incredible quarter continues - up 20% Social requests  John from ig - Good morning Gary! I was wondering if you could over Dexcom this week in the newsletter(since you’re off the pod this week, good luck with recovery btw) since they seem to be significantly oversold. The PT ranges from $130 to $175 and they seem to be trading at a solid support IMO. Any feedback is appreciated. Again, I hope recovery goes well and looking forward to listening when you resume! Have a great day. Scans $TQQQ $QCLN $DKNG $CLF $FBCG $RBLX - when and if it confirms - this will fill that gap $JEPQ $LNG $LAC $VUG $XLG $XPEV $LRCX $ATVI $DOCU $MTCH $PLTR $WYNN $ARKK $SOFI $ARKW $COIN $KLAC $V $GEHC $MA $BLK