Buy the Great 8 Inverse ETF's - 8-18 Market Update

NO PODCAST NEXT WEEK - I'm getting my wisdom teeth removed so I will not be able to talk. The newsletter will still be published so make sure you subscribe. Yesterday's newsletter was SPOT on with how far down I think the S&P will go. Patience is the key. Until then = you should look to trade inverse ETF's - whether it's single stock or other focused ETF's. Social Links and more - ⁠https://linktr.ee/dailystockpick ⁠ Follow along with all my trades and journal your own here -  https://savvytrader.com/Dailystockpick/2023-trading-portfolio FREE NEWSLETTER WITH CHARTS - subscribe at ⁠dailystockpick.substack.com ⁠ I love Webull - ⁠⁠Sign up here and get FREE STOCKS⁠⁠ SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3MFGCRG  $20 off your first month - only $5 for the first month Use code DSP25 for 25% off Trendspider's platform - https://trendspider.com/?_go=gary93 Sign up for Webull and get free stocks like I did - https://a.webull.com/yNyte9iTQnfaDYFHdv NOTES Bitcoin Flash crash  https://share.trendspider.com/chart/HITBTC_BTCBUSD/18946gmbhit On Thursday, the DOW closed below the 50-day moving average for the first time since June 1 — which is a bearish signal for investors. The 30-stock index tumbled 290.91 points, or 0.84%. Meanwhile, the S&P declined 0.77%, and the Nasdaq slid 1.17%. The 10 year US Treasury yield on Thursday rose to its highest level since October 2022. The move came after the July meeting minutes from the Federal Reserve suggested further interest rate hikes could be ahead as central bank policymakers remain concerned about inflation. “Rates are not going higher for the right reasons in my opinion “This is now a confluence of events going on globally. We’re at levels we haven’t seen in quite some time.” “If yields continue to move like they’re moving, there’s going to be some ramifications for global equity markets,”  Higher for longer is what’s pulling the stock market down. The earnings results are better than expected and many companies are beating - but even that is not being able to push the market higher.  $QQQ - weekly chart  A good article - $PLTR $UBER https://www.fool.com/investing/2023/08/16/3-magnificent-growth-stocks-billionaires-are-buyin/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo $SHOP buy $PANW earnings after the bell today $NFLX breaking $400 $AAPL breaking $170  $AMZN may be below $130 $GOOG hovering $130 $META - below $300 $NVDA - it will either go to $500 with earnings or you will have a chance to buy it at $300 - if $NVDA earnings are good next week and the stock goes down - the market will do 20% down like last year $TSLA - almost at $200 again $MSFT - may get to $290 Play inverse on some of these until we get back some confirmation  $AAPD - Apple Bear $AMZD - Amazon Bear $GGLS - Google Bear $FBL - $meta Bear $NVDS - $NVDA Bear $TSLQ or TSLS - $TSLA Bear SCANS $TGT $ETSY $UBER $TSM $ALB $ET $LMND - not loans - insurance - I was tired yesterday :) $SO   NO POD NEXT WEEK