Why MacD? Buy Energy on weakness today - Market update 10-10-22

Support the podcast - https://anchor.fm/dailystockpick/support Social Links and more - https://linktr.ee/dailystockpick $AAPL, $AMD, and $DIS opinions?  Dan Fitzpatrick on Twitter - https://twitter.com/danfitzpatrick?s=21&t=-cD3KrTPUC6VOyHrLAp7mQ $TSLA - great one My strategy and the MACD $SNOW has held up well Chinese chipmakers are killed because of Biden admin not allowing them to be sold here … that’s definitely going to get some response from China - $Soxs going up Weekly stock pick is Merck $mrk Bond markets closed so stocks won’t be taken down by rising bond rates today $F and $gm down about 4% - sell rating by an analyst - they think there will be a glut of cars $GS says they see a huge inflow to money markets (cash) from retail investors $Boil up - $uco up? Oil is down as profits are being taken and China demand might slump … buy on pullbacks $RIVN down 10% since recall - make no mistake this is super expensive still - all vehicles recalled due to loose fasteners that can affect steering - remember - they have no service centers $Tqqq under $20 again $Drv - check it is just crazy good $Cost $unh $appl $Cs price So not use margin and if you do ensure you have exit plans …. Margin calls on big down days can derail your entire portfolio 3 year chart of $xle and $xlk . End of 2019 returns $Cvx under $160 $Pdx $Dvn $Xom New graphic for the podcast - if you want to get barraged with DM’s - just ask for help with graphics SCANS $BITI $SRS - another short real estate ETF - I like $DRV