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Daily Stock Picks

Metaverse? More like MetaBUST! - Stock Market update 10-27022

27 Oct 2022

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$Meta missed on earnings and warned of weak q4 … it’s now treading at 2016 levels - it’s gotten worse and it just doesn’t stop … down 20% to $105 … they bought back $40b of stock at an average price of $300 so they aren’t good traders but it does show the downfall is based on management - next support is $94 Reality labs is the problem with spending and zuck doubled down on the call $UVXY under $10 is in play $BOIL $META $SPOT $AMZN $AAPL Nat gas prices collapsing - it’s too much supply - they have stored so much - and warm weather $Lng tankers are off the coast of Europe and China could buy it up cheap and then resell it 2 million tons of lng is in floating storage and will be good news … Europe is still paying 5 times more than the us $Now - hasn’t pulled back to pandemic lows $Tdoc - this has forgone past pre pandemic and they have been growing since then but they got caught up in just their losses Big stocks went down and market was rather flat …. This is what rebalancing might be good because r people don’t think the big ones will lead going forward $Mro $Ung $Nxe $Oih- $310 is an all time high but it could go $CMCSA way up on beat - peacock specifically string $Dis - J.P. Morgan said buy with park strength $So- and $DUK $MCD beat $HON beat $Cat beat Q3 gdp at 2.6% vs 2.3% expected … this doesn’t look like a recession $TSLA - under probe for self driving cars and it’s up Elon and$TWTr $SOXL SCANS $ABT $VNOM Support the podcast - https://anchor.fm/dailystockpick/support Social Links and more - https://linktr.ee/dailystockpick

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