It's my birthday - so buy me an Acai bowl - https://venmo.com/u/Gary-Vaughan-4 I love Webull - ⁠Sign up here and get FREE STOCKS⁠ 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 ⁠ $BABA over $100 on earnings - going to $150 $XLE $SLB $HAL are all energy names you can get in to $DIS under $90 is a good long buy IMO I'll expand some charts in the newsletter so be sure to subscribe. 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 My birthday - https://venmo.com/u/Gary-Vaughan-4 CPI - 3.2% is in line - 3.3% was expected - expect bond rates to fall and the market to go up. 4 of 11 sectors closed green. Energy (+1.21%) led, and technology (-1.31%) lagged. 💚 Carvana shares popped but then dropped after raising its outlook, saying it expects gross profit per unit (GPU) to be above $5,500 in the current quarter. That was about 11% above consensus expectations. 🔺 Sonos shares popped 13% after earnings topped expectations by $0.32, and revenues were also better than expected. On the other hand, Fossil Group dropped 13% after reporting weaker-than-expected results. 🛍️ DraftKings fell 11% as investors assessed the potential market share impact following Penn Entertainment’s partnership with Disney’s ESPN. 🎰 $wynn beat on eps and rev - they beat in all properties and ceo is saying it was a record q2 - even in China $dis - missed on rev but beat on eps - iger said cost cutting is that’s helping save them $5.5b in savings - streaming business reported smaller than expected loss - but missed on subs by about 5m subs - stock was flat at report …. This is bad news good price action … stock went up after call was under way … this means a bottom may be in since it held the high $80s which was where it was at during covid - still not a great gamble imo but I’m adding more to my position - they said they will raise prices and crackdown on password sharing $nvda dropped $ttd - better than expected quarter with beats on rev and eps - 23% year over year - got killed down 10% $SMCI earnings - podcast I listened to explained their model - it’s going to be bigger - their valuation is not crazy $app - surged 25% after beating and surprising with guidance up - they propped up their ai advertising $sono beat - I love these speakers - popped 11% $illumina beat and sank Natural gas popped because Australian nat gas workers may strike which would push the price higher - $BOIL $rblx crashed on earnings - it’s an opportunity $lly - it’s got to be in the core portfolio but it will come back to fill the gap I think $xle $slb are both energy names to get in on https://charts.trendspider.com/login/?reason=not_signed_in&subscribe=643aee99d0dc7a00157ccd10&utm_source=sharing_preview_page&_go=tsteam%2F%3Futm_source%3Demail_pp Interesting macd cross up of Bitcoin in trendspider https://www.instagram.com/reel/CvvdG6Vgk26/?igshid=MzRlODBiNWFlZA== $BLK - Bitcoin ETF may be approved in next 5 months $rblx - a total miss - I think this rebounds if the kids I know are right $baba earnings were good - biggest revenue increase since 2021 - this is going back to $150 $nvo pulling back - the company is restricting us supply because they can’t make enough of weight loss drug $tpr buying $cpri for $57 per share $CHGG - gap check SCANS $WMT $UCO $HAL $XLE $SLB $XLV $HON - I like this thanks to Zephan $LCID $PCAR $TMUS $EBAY $ENPH $MA $DUK $T

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related