Friday Recap - $SIVB will be insolvent by the end of the day - Market update 3-10-23

Will the market crash if $SIVB goes insolvent - no - $XLF is crazy - $BAC $C $GS $MS $WFC $JPM are all buys in this - they will not go insolvent.  Notes for the show are below some of the links, but I focus on $SPY $QQQ  $BOIL $SIVB $SMMT $UBER $WFC $BAC $IWM $OCEA $NFLX In Mexico - the show is sponsored by $MELI - what a killer stock. In the US - the show is sponsored by Carvana $CVNA 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 $RIG $crwd $OCEA crazy run up - just talk of a tumor reduction for cancer - no trials $NFLX under $300 Banks had a HORRIBLE day $SIVB was down 60% Quote - there’s nothing like a forced capital raise from a bank to wake the market up to the risk of higher interest rates and tighter liquidity Russell 2000 - 45% unprofitable and 40% of that debt is floating rate - so they are not making money - unprofitable and they are not making money as the fed is raising rates and that’s the stress $WFC made full round trip back to where I bought it. I’ll buy more. $BAC  $SMMT buy $uber close to $30 Jeffries upgrades $rblx Downgrades AAPL: LightShed Partners Downgrades to Sell from Neutral - PT $120 CAT: UBS Downgrades at Sell from Neutral - PT $225 DOCU: JPMorgan Downgrades to Underweight from Neutral - PT $48 (from $58) SIVB: Raymond James Downgrades to Market Perform from Outperform SIVB: Truist Securities Downgrades to Hold from Buy - PT $100 (from $174) SIVB: Wolfe Research Downgrades to Peerperform from Outperform AKA: Piper Sandler Downgrades to Neutral from Overweight - PT $2 (from $3) ALGT: Barclays Downgrades to Equalweight from Overweight - PT $105 (from $96) BIRD: Baird Downgrades to Neutral from Outperform - PT $2 (from $7) BIRD: Telsey Downgrades to Market Perform from Outperform - PT $2.25 (from $4) BTAI: Jefferies Downgrades to Hold from Buy - PT $22 (from $20) FULC: Credit Suisse Downgrades to Neutral from Outperformer - PT $8 (from $11) INSG: TD Cowen Downgrades to Market Perform from Outperform - PT $1 (from $4) LRN: Morgan Stanley Downgrades to Equalweight from Overweight - PT $46 LUV: Barclays Downgrades to Equalweight from Overweight - PT $38 (from $42) RECAP SCANS $DRV $SPXU $SQQQ $SDS $UVXY $SDOW $SMMT

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