Short the S&P with $SPXU which is triple levered - Market update 6-29-22

I contend that we are in a trading range of 3,000 to 3800 on S&P - that would mean we are just going down. There really isn't good news in the market and there's going to be more downside. I think we go to 3,000 as the earnings revisions are brought down through mid July with maybe a stop at 3500. I think $SPXU, $SQQQ and $UVXY are good for swing trades.  $DAL and $TSLA indicate to me that we are going to have a travel nightmare this weekend.  $TSLA also at the delivery center yesterday - there was no hype and no energy. Look for it to go towards low $600's here.  $DRV - short real estate - I like this one long too.  $RIO - MacD Cross up - commodities have been crushed  $DVN - above $60 so look for weakness to sell.  $MU on earnings - I'm less hyped on it. I have a fear they will bring guidance down.  $UCO - I like this to $55  $CVX - Cross up $XOM - Cross up $OXY - be careful and look for weakness to sell  $OAS - cross up  $FANG - cross up $PXD - cross up $MPC - cross up $QCOM - $AAPL failed at 5G chips and will have to resign the contract with $QCOM - big news  $WEAT - I think this goes up $GOOGL $GOOG - I like this with the $2200 level  $GIS - not ready to buy yet, but with food shortage this will be great  $REV - kiss of death with a CNBC update $MPLX - cross up $XLF - I like this  $NVDA - I think anything in the $150 range is a great long term buy - it might dip to $140's, but this is long term  $NKE - under $100 it's a buy with China opening $TSLA - again - should have sold at $750  $CLF - commodities are getting killed and if in the $15 range - I like it with earnings coming up $TGT - love this on the 2nd half guidance at $140 $ZIM - I'm unsure of this just because of large inventories, but it's almost trading at it's fair value $FTNT - I like this based on the value and recent split  $ABBV - not a buy now, but you can hold it for the dividend $SPG - under $100 - buy it  $MRNA - without Congressional funding - stay away from it  $FDX - first investor day in 10 years  $ARKG - should have sold at $34 - I see weakness 

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