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Daily Stock Picks

Bear trap market - buy oil stocks today while they are down - 3-9-22 Market update

09 Mar 2022

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I think we're in a bear market trap with stocks going up today. Dan Nathan said yesterday - there are very smart people saying we are going down - listen to them.  $ZIM - a shipping company just announced. Huge dividend and just like $GOGL, the chart looks good and buying this for the ex dividend may be a very good play.  $CRWD - reports after the bell. I think this poses a very good opportunity today. I'm holding at $180 so I'm hoping to see a pop. I never thought cybersecurity would be hurt when it's needed more than ever.  UCO is trading way down in the $170 range and SCO is up. I would expect SCO to be up even more today as oil stocks are taking a day off with big moves down today. With China saying they are in an energy crisis, they may go to Russia, but they will ask for a significant discount so who knows what will happen. 

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