What is confirmation for a stock? TOP YTD GAINERS - 6-15-23 Market update

2 things you should do - (1) Tip ANYONE like me when you make money or we provide a service (2) Rate the pod on whatever platform you listen to - SPOTIFY OR APPLE PODCASTS OR BOTH FREE NEWSLETTER WITH CHARTS - subscribe at dailystockpick.substack.com  Fed pauses What is confirmation? Other stocks that have been moving like $IBM $AXP $CAT $UNH - any reaction in the market is an over reaction - add more SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3MFGCRG, 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 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  Thanks to Lionbreed - who it was his first show - hopefully you’re still here, workforit247 and Vernon for the comments on the last show on Spotify. I don’t have a way of writing you back - but I appreciate it them and I’ll address your questions below. Zoom with Cathy Woods - PHENOMINAL - will buy back in to her funds Fed paused but indicated they want to hike more in the year - another .5% to bring it to 5.5% to 6.25%. They indicate economy is strong and raised the GDP forecast. They see unemployment coming down.  The reason the market went down - because they said they will continue to raise and this is just a pause. The market thought a pause meant ending and with more rate increases this year, it’s unlikely to see a cut anytime soon unless they break something.  When asked Powell said speed of hikes is separate. Speed was important last year, but as we get towards the end it makes sense to go slower (like they went from .75% to .5%) so moderating the pace made sense.  He said they don’t know the extent of the banking crisis - whether it’s done or not)  $ibm moving  $axp moving  $cat moving  $EL upgraded with a $250 price target  $TJX reiterated as overweight by $JPM - $96 price target $DG added to $JPM focus list - $187 price target $BLK - breaking out now $UNH is still in focus - I think it may be an over reaction - it was a comment at a conference - if not for $UNH - the dow would be up. $NKE $NVDA Ytd gainers  $nvda 190% $meta 125% $tsla 102% $amd 92% $ccl 90%  Great article on $orcl  Oracle hits record after 50% surge in 2023, defying tech struggles https://www.cnbc.com/2023/06/14/oracle-hits-record-after-50percent-surge-in-2023-defying-tech-struggles.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard $tgt raised dividend at investor day - looks like it’s bottoming here  $baba at $90  Bitcoin crashed - $gbtc $mara  Look at $rig  $sofi downgraded based on valuation because of recent run up - I think the pullback is an opportunity  $tsla stopped the streak at 13 days #swifties  Lucas from Spotify asked What’s your next pick to run up like $TSLA Pat From Spotify asked I’m sure this is for a questionnaire somewhere but what did you mean when you said “if you drop 50%, you almost need 100% to get back”? Keanon from FB Could you take a look at $HOFV? Drew from FB Anyone look into $CVS ? Seems to be trading under value from what I can see . Looking to maybe jump in for a long term hold Joe on fb  For those who are interested in EV related stocks but either don't know what to invest in or tesla is too expensive, I've come across 3 ETF's: $KARS = YTD UP 12% $IDRV = YTD UP 21.8% $FDRV = YTD UP 27% Colin from FB Thoughts on $ADBE earnings this week? AI 🚂?? $eig for aiden on Instagram  SCANS $SNOW $MSFT $IGM $NVDA $SRTY $XLC $MARA $KHC $ATVI $EA