Inflation just killed the market and is out of control - Market update 9-13-22

Support the podcast - https://anchor.fm/dailystockpick/support Social Links and more - https://linktr.ee/dailystockpick Had a great chat with folks live on YouTube this morning, but we are looking at the Fed killing the market with their rate increase that's coming.  With inflation going high, what can you buy here? Remember $SQQQ $SPXU $UVXY  $COST $Uber $Lyft - some think it’s the next meme stock based on short interest $Nio $Rblx $Aapl - demand may be high - site crashes in China based on release and pre ordering - raised prices over seas due to strong dollar Cramer went over his story of cracking his Apple Watch in Italy and then losing his phone on the flight …. Then the Apple Store employee saying the 14 demand is huge in the stores $Goog $Msft $Amzn $Clf $Roku $Orcl earnings - outside of currency they beat October end of strategic oil reserve releases - more supply issue for oil $Lng raises dividend and buys more back and raises guidance … $160 was a deal cross up here at $160 - indications are it can still run with Nat Gas pricing still going up Macd video on YouTube posted on Twitter Do one indicator or fundamental per week to teach Is $amc macd crossover? Kaitlin Duffy friend thinks so If inflation starts to pause … credit suisse thinks the rally begins thinking fed will pause rate hikes $Jpm $bac and $c are all benefits of higher rates so if the market thinks rates will be flat or go down these could get hit and it would be an opportunity $V ceo says consumer spending is stable - hasn’t decreased $NTT. SCANS $LNG $AEO $KWEB

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