$SPY and $QQQ are nearing resistance when if broken turns to support - 5-18-23 Market update

Daily Stock Picks - A podcast by Gary Vaughan

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$SPY and $QQQ look good - should you buy $TQQQ $HD earnings - an over reaction opportunity   A look at $SPY weekly and whether we are in a bull or a bear market for a weekly perspective   In Mexico - the show is sponsored by $MELI - what a killer stock. In the US - the show is sponsored by Carvana $CVNA and Reeses Peanut Butter Cups SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3P8FJPM, it has all the info you need to know about joining Visible. When you use my friend code, 3MFGCRG, you’ll get your first month of service for $20-off! Use code DSP25 for 25% off Trendspider's platform - https://trendspider.com/?_go=gary93 Please use this link as I do get a commission when you sign up, but it's the program I use my algorithm in and I'll give you access to the algorithm if you sign up through this link. I will also give you watch lists and my custom scans that I use in the podcast every day. Sign up for Webull and get free stocks like I did - WEBULL LINK  Support the podcast - HERE Social Links and more - https://linktr.ee/dailystockpick  NOTES A fed governor (Logan) just said - data does not justify pausing in June - markets took a leg lower in premarket Unemployment claims were not as bad as hoped.  $SPY - butting up against $420 - still confirmation on the weekly  $QQQ - still great confirmation on the algo - looks great $UPRO in bull market vs. bear market $TQQQ in bull market vs bear market Rebound in $HD $PXD earnings expected to be 40% lower than last year. That’s where energy is getting killed $DPST $SCHW - hit the bond market for $2.5 B  Tik Tok ban in Montana - bullish for $META ChatGPT portfolio is up 1% so far  John from fb - $amt  Dman on Youtube - I think there is a gap fill opportunity on ticker $onon and I can't tell if Im reading it right to short it. I think it will fill the gap at 19 and then go back up to fill those two gaps on the upside. My thing is if a gap happens more then once in a couple day spand whitch one does it normally fill first. This one is a tricky one. I'm waiting to go long untill under 20. Gabrielle from FB  Hi Gary!  I purchased American Express at 164$ - I preferred it against Visa due to low PE.  What is your opinion on this stock ? I am realizing the purchase price might be a bit too high ..  Thanks a lot !! Scans $XOM $SPG $CHRD $UDOW $VIG $FDX - cross up but Jim Cramer just said he loves the CEO, loves the company and has the club buying at this level  $INTC $HON $LCID $SBUX $ODFL