$NVDA earnings are tomorrow - play $NVDL and don't forget $SMCI - 8-22-23 Market Update
Daily Stock Picks - A podcast by Gary Vaughan
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Sorry I missed the newsletter yesterday, but I had 3 wisdom teeth removed. So I included a video newsletter so you can see the fun. So I was not in any mood to write, watch the market or trade. I didn't want to miss talking about tomorrow's $NVDA earnings though so while I'm still on a morphine timed release pain killer - I'm all in! Be sure to sign up for the newsletter and I mentioned before - I LOVE WEBULL! 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/yNyte9iTQnfaDYFHdv NOTES I cut out notes that are now exclusive to the newsletter only $panw - beat eps and in line revenue - guided a little light but nothing like $ftnt - cfo said billings don’t show the strength they expect With the pullback - get it - we’ll within $300 price target with these earnings Dman said I'd take a look at $HE. I sold some puts yesterday on it. I think it's a safe play for the stock too long term. Top 5 Things Every Trader Should Be Watching This Week... This is for vro on $amc https://youtu.be/YzNrg2hlw14 This is a great video about trading in penny stocks and how the bid ask spread and low volumes are why they can be hard to lock in gains https://youtu.be/-aO--ly05aI $DKS - earnings were good - but shrinkage or theft is HUGE and they had a major write off - they said it will get worse before it gets better. It’s down 20% on that report $M - good solid earnings - popped initially but same store was down 5%. I like e-commerce on $M - try it. With their stores they make it VERY simple for older folks and younger folks who like a mix of e-commerce with a location to take things back or exchange. One of the best. $NVDA - I think it’s going to $500 on earnings. The analysts are taking up the price targets before tomorrow’s earnings based on their sales. Remember - $SMCI will pop on it too. You could play $NVDL as well if you’re a short term trader with belief $ZM - they beat their earnings CRAZY - they are saying big business is still signing up. Their new products and services offered (phone - cloud PBX system) which has grown and other solutions that are keeping people signed up $LOW - good earnings - might have more opportunity than $HD - I’m just not a big believer in either - $HD is more professional and $LOW is more consumer This is an interesting problem that may be popping up in the banking sector. Specially $SCHW - which I think has pullback written all over it. https://twitter.com/FinanceLancelot/status/1693738125179191626?s=20 SCANS $DVN $QCOM $MPLX $TSLA $CLF $IGM $XLK $CHRD $TECL $TARK $ARKK $ARKG $RIVN $XPEV $ZS $ADBE $TTD $QCOM $GM $MDT