RALLY MODE - Market update 10-4-22
Daily Stock Picks - A podcast by Gary Vaughan
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Support the podcast - https://anchor.fm/dailystockpick/support Social Links and more - https://linktr.ee/dailystockpick Australia's Central Bank paused their rate hikes - that's rallying the markets thinking the US may pause. Whenever we see this pause - the market will fly. $TQQQ under $20 was such a great call $Eqt $Lng $Uber Big day - is it an about face? Could be - we may see more downside, but a lot of articles I’m reading indicate the Fed WILL NOT be able to raise rates past December. When the market gets an inkling that the Fed may stop hiking - the rally begins. Don’t wait for that rally - get in because it will rally big Inflation will still be around - but the market will rally. $MRO $DVN $COP $OXY $CVX $XOM $KO - at $55 - it’s going back to $60 $Cf - check $mos too $TSLA - 2 red candles for the day indicate there will be more downside. $BOIL down 10% Devon is number 1 in energy space because you can sell calls and get great premiums on it Burry is now bullish it seems saying he’s greedy Charlie’s top 3 stocks for October $Fngr- short interest sky rocketing $Fnhc- doubled to $,69 - after hours sell off though $Lvwr- just spun off from Harley Davison - massive volatile after spin offs Top 3 $Fngr $Aprn - short interest at 43% $Surg- 56% short interest Ark bought 132 k off $tsla Tesla back above $250 $GOOG above $100 $AAPL above $140 $Msft above $240 $Soxl is on a tear $Cs is bouncing back $Gs and other financials doing well $DRV button hook $MU PLEDGES TO BUILD. $100B for building chip plant in upstate NY SCANS $DIS $BA $IBM $JPM $KO $MS $SHOP $QCOM $C $F $BLK $BAC $CLF way up RISK ON TRADES TO WATCH Metals and Mining Chips Energy Transports