The AI Bubble - 5-19-23 Market update

Yes we are in an AI bubble - but it's more about how much money you can make vs. is it too late to get in? You just have to get out before the bubble bursts. $SPY and $QQQ look good - should you buy $TQQQ  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 $spy was turned back from $420 again  Look at long term $qqq Josh Brown said a great thing yesterday on CNBC with lunch time - he said “we’re starting out the show looking at Whirlpool when the real money to be made is in AI stocks. Whirlpool - what are we in the 1950’s thinking washing machines will lead the revolution?” Chatgpt is now an app on iOS and soon coming to android (android is a mess for developers) - this could be the start of a super app that now has all your information and can be a travel agent, personal assistant or even a content creator on your phone.  It has a danger of cutting in to google search if people choose to use it  Foot locker -  $FL who’s been in a foot locker lately? Seriously  $ET - big insider buy from Exec chairman for $12m and #6 on David Teppers top picks for 2023 Winners $UBER - almost at $40 $SNOw - still going up $NVDA - still going nuts $QCOM - Jim Lebenthal bought more - when will handsets come back and they get their pop? $RBLX - at $41 $GOOG has been on fire Losers $CLF - $15 may be bottom but pre pandemic it was an $8 stock $PYPL - If it gets to $50’s, I still like it $DIS - at $92 it might be good for long term, but they will have debt problems if they buy Hulu - but they will launch at some point an espn streaming app which is huge … it won’t happen soon but they announced it will. Plus they stopped expanding in Florida …. Saving them money and internal issues with employees not wanting to move - it’s a win win for them and an absolute loss for desantis  $PXD - almost under $200 again $UNH - healthcare as a whole can’t catch fire at all  $PANW - under $200 again $SEDG under $300 again  $baba - I think this one could go back to $100 and the valuation is crazy cheap . They brought up a bunch of ai in their call  $nflx - way up on ad tier success  $tsla autopilot on my trip  $bbwi - crazy move  $kold and $boil moves  52 week highs  $crm $msft $uber  $bkng $cmg Got paid $aapl dividend yesterday so I did buy at $173 again - it’s 4 figure buys each time so reinvesting the dividends does mean usually I’m buying at peaks  $ftch - earnings pop - only the revs beat  $mrna for Paul on fb  With big tech running - maybe trim some and rebalance with some sectors that have run ability  $goog - should you trim for Joe on fb?  Stephan from Instagram - hello Tokyo  Hey Gary, you had briefly mentioned a few days ago, that in taking some of your profits, one should be trimming from their ongoing all-time high stocks. With MSFT, APPLE, coming back around, would you advice the same looking at these particular long term investment stocks ? Thanks for your quick feedback. Stephan from Tokyo SCANS $MSFT $XOM $SPG $CVX $UDOW $VIG $XLB $ARKF $INTC $HON $ABNB $CMCSA $GM $SBUX $TMO $MA