OPEC is going to cut oil supply by ALOT - Buy Energy - Market update 10-3-22

Support the podcast - https://anchor.fm/dailystockpick/support Social Links and more - https://linktr.ee/dailystockpick Credit suisse ($CS) - csgn - will restructure and convincing investors they won’t go insolvent but rumors were around alll weekend Bank ceo sent memo that reminded people of Lehman - there’s no real evidence though - oct 27 they will release earnings which may indicate issues with the bank - archegos and other hedge fund collapses may be an issue with ongoing losses - experts think there will be a bail out or some type of bail out - probably Swiss govt Us fed does do their stress test on it and it passed a few months ago It’s down 61% ytd and trading well below book value if you want to gamble that the rumors are overblown Opec may cut by 1 million barrels a day wed - congress is threatening saudis with not selling planes and parts to them if they cut This was telegraphed last week so the up move in this isn’t shocking wt all $Coin over the weekend has some issues with people buying and selling Great article from josh brown about the excess capital created that I posted on Twitter - it was posted in my high net worth group that I’m a member of called long angle $TSLA missed deliveries and elon says it’s the way they deliver but it’s touching that gap I talked about Kim kardashian has been charged and settled a charge by the sec in relation to promoting a coin …. Be careful with crypto … she hyped the coin and didn’t disclose that she was paid for that … interesting she posted hashtag ad on it but the law in the 1930s said they have to say how much they got paid $Dvn $Oxy above $60 Viper $Vnmn - almost at $30 $Uco up 10% $Boil still down SCANS $CVX $GS $INTC $UNH $AMD $DKNG