Taking stock of all the gains we've made over the past month - what to expect going forward - Market update 11-11-22
Daily Stock Picks - A podcast by Gary Vaughan
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I've given 6 stocks that have had 10%-20% moves in less than a week that I go over. I also go over a long term outlook for the S&P so tune in to see if I think the rally continues. Here are the notes I follow when doing the show. NOTE - I recorded live on Youtube and Instagram - links to both below in the LINKTR.EE Largest 1 day Dollar drop in the history of the US dollar - that’s why you got the rally. Home prices falling - rates rising and you’re going to see things level off. But remember - slowing down means slowing down - we’ve been in a 20 year bull rally that has been based on growth. If you slow down - that might be bad. But this could be a year end rally that continues. $Rmbs for Tom on Twitter Vix has bottomed out at 19 on most of these rallies Days like today don't happen in bull markets and it is by no means a signal to pile into stocks. In 2000-2002, the Nasdaq had 14 up days of 6% or more, and you would have been wrong 14 times if you thought the bottom was in. BREAKING: China eases Covid measures, cutting quarantine and scrapping flight bans, per AFP. https://twitter.com/saxena_puru/status/1590958375004958720?s=46&t=pqmhZZUrDf94OD2WSYzA_A Bond rates tanked … look at the 10 year …. It’s going to come back up pushing these levels back down $Bac $gs $jpm $ms $c $Mara $Gbtc $Ethe $Biti $Bito $Boil $Uco $Tqqq $Sqqq ENERGY $VNOM $Cop $Dvn $Oxy $Xom $Cvx $Fang $PXD $Xpo for dman $Wday and other cloud stocks Thank veterans $Tsla - does Twitter need more money? Probably … he says it might go bankrupt … it’s losing $4mil a day Earnings next week $TGT $WMT $ZIM $SBLK $LOW $HD $TJX $NVDA $CSCO $SONO $BBWI $BABA $M $PANW History for the summer $SPG $GS $BAC $BOIL $TQQQ $SOXL $KO at $50 $META Significant ones that look good $AAPL $AMZN $GOOG $PANW $SHOP $SNOW $TGT $XLK - example of the 200 day being resistance Support the podcast - https://anchor.fm/dailystockpick/support Social Links and more - https://linktr.ee/dailystockpick