$DKNG hit $30 price target and $TQQQ has given great gains this week - 9-1-23 Market update
Daily Stock Picks - Podcast készítő Gary Vaughan
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If you're even thinking about buying Trendspider - it's now on sale for $366 for the year. Remember the process. 1) sign up with my link - https://trendspider.com?_go=gary93 2) email me at [email protected] and let me know what email address you used 3) I'll send you the welcome letter once you're confirmed The 3x levered ETF's continue higher this week. Earnings were good and we're seeing some good signs heading in to Sept. I love Webull - Sign up here and get FREE STOCKS - https://a.webull.com/iHwte9iTQnfaDYFVxv 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/gGlte9iTQnfaDYFa4S NOTES Unemployment rate jumped to 3.8% - HUGE - bond yields fall and stocks are up Holding a breakout above $83 for crude will push significantly higher. Also - Nat Gas just naturally should go higher. Let’s look at our weekly trade of $UDOW $SPXL and $TQQQ $dkng - it hit $30 like I thought but with confirmation it might fill the gap - got to $30.50 and then pulled back Nvidia Insider Trading Alert Mark Stevens, the 2nd largest Nvidia shareholder and board member since 2008, just sold more than $25 million worth of $NVDA shares. The company's CFO also sold roughly $2.3 million worth of shares. Even in the historically tough month of September, $NVDA stands out from the rest... Over the last 20 years the stock has a 68% win rate in September with an average return of +2.32% Earnings $LULU earnings - solid beat - solid quarter and was down 2% with a sell the news reaction but went up after $dell killed it with huge guidance - up 10% and trades super cheap - highlights partnership with nvda and tons of partnerships with ai companies and that’s why $ntnx - big move with strong earnings $AVGO earnings - beat across the board but nothing crazy - it pulled back 3% because they reduced guidance and said they see a slowdown in their consumer business $mdb - crazy good earnings and solid upward guidance - immediately up 10% $vmw - beat on eps and a small miss on revenues - was down $pd - eps beat but slight miss on revs and it got killed $PSNY - since we went over it - here’s a news clip $AMD Has to be one of the most highly anticipated setups heading into September. Social requests Sam from fb So if we’re talking about long term trades… would now be a time to consider looking at some of these companies like dollar general? I seen they missed on earnings and gave a dim outlook. The stock is down in pre market almost 18%. Would now be a time to look at long trading companies like this? Trevor from fb Gary, How does your algo work on $MU? I was just noticing it's up 25% over a year with a lot of up and down along the way. Maybe good to either trade or own? Travis from fb How is $HE looking? I got family in Hawaii that agreed that the lines were shut off before the big fire. Today I read they are upgrading the grid, so is 30$ a possibilty at some point? William from email Thoughts on $nio? $NIO delivered 19,329 vehicles in August 2023 up 81% YoY and down 5.5% MoM LI Auto $LI delivered 34,914 vehicles in August up 663.8% YoY and up 2.3% MoM XPeng $XPEV delivered 13,690 vehicles in August up 43% YoY but up 24% MoM $TSLA cut prices and introduced a remodeled Model 3 - good news because I may upgrade SCANS $SNDL $ACHR