$TGT $PYPL $TSLA $SOFI $ET $META - good stuff - 8-16-23 Market Update

I love Webull - ⁠Sign up here and get FREE STOCKS⁠ Social Links and more - ⁠https://linktr.ee/dailystockpick ⁠ Follow along with all my trades and journal your own here -  https://savvytrader.com/Dailystockpick/2023-trading-portfolio FREE NEWSLETTER WITH CHARTS - subscribe at ⁠dailystockpick.substack.com ⁠ There are quite a few good buying opportunities in the market that I go over. $TGT reported earnings which should give guidance to the market, Jim Cramer hates $PYPL, $TSLA getting to the $220 handle, $SOFI under $9, $ET back to where insiders bought and $META under $300. Plus a lot more. SPONSORED BY VISIBLE - Check out this page: https://www.visible.com/get/?3MFGCRG  $20 off your first month - only $5 for the first month Use code DSP25 for 25% off Trendspider's platform - https://trendspider.com/?_go=gary93 Sign up for Webull and get free stocks like I did - https://a.webull.com/yNyte9iTQnfaDYFHdv NOTES Pain trade is - yields on bonds (10yr specifically) still goes up - numbers like retail sales keep going up - and market is positioned for a soft landing. The danger is the market position is out of wack - if that’s the case - the market will correct with the Fed being higher for longer. No analysts are taking their earnings estimates down.  If the market was panicked - the VIX would be at 25 - it’s at 17.  $CAVA moved huge on it’s first earnings report Stock Nerd bought more $Uber - I was close to pulling the trigger but I just didn’t see a rally at all.  $LYFT flew because the CEO bought 100k shares - it’s an interesting move $tsla moving down to $220 handle with cutting prices on s and x models in China by 7%  On this slide you can use $tslq  $msft may move down to $290 - that’s a 50% retracement back from the previous highs before the big move  China is slowing - expect Chinese stimulus in September because the economy is that bad  Jim Cramer on $pypl  After loving PayPal at $200, $225, $250, and even $300 Jim has officially thrown in the towel at $63: "I don't want to own the stock" https://x.com/cramertracker/status/1691236301754798081?s=46&t=7y4v-tHaIEzjLo4Lw72X7g Don’t sleep on $sofi sub $9 - while many student loan folks may not pay - there will be people that will and $sofi will benefit  Also $et which had all those insider buys  $boil below $70 again  My newsletter provider is now a social network  Writing seems to pay up to $250/hour too  This in-demand freelance job pays up to $250 an hour, doesn’t require a degree https://www.cnbc.com/2023/08/14/this-in-demand-freelance-job-pays-up-to-250/hour-doesnt-require-a-degree.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard Episode 100 of n2backpacking  https://open.spotify.com/episode/5Ve9EvLRuipmG8HOWSXOwl?si=XiQ1eCCFRo2Atxq9Sr2hPQ Cathy woods with a dire prediction as an economist  https://x.com/cathiedwood/status/1691291383099801601?s=46&t=7y4v-tHaIEzjLo4Lw72X7g $tgt reported and is up 8% on results  $tjx beat and moves to all time highs - it’s expensive but they continue to perform $Intc not buying tower semi - so their shares going up since that was going to be a big capital spend  $coin is now going to offer futures trading on Coinbase - up 5%  50 day moving avg in newsletter. Social  SRTY: EMA 200 crossed up the SMA 200, support around $36... may have room to run? https://share.trendspider.com/chart/SRTY/71375d6yxex SPXU: Ascending wedge on the 4hr, i think it can break through. Descending wedge on the daily. https://share.trendspider.com/chart/SPXU/71375d75h86 QID: Just crossed the SMA 200, MacD crossed up the signal on the 4HR, RSI is about right, and the CCI looks good. https://share.trendspider.com/chart/QID/71375d7bs0n Side note: I've been working on a strategy, keeps me in a bit longer than your 4 hr but works with certain stocks and longer hold expectations. http://charts.trendspider.com/shared/64dc4c1a16d6a80017786f7d?t=2 Cheers, Chris SCANS $NVDA $CRM $SHOP $AAPL $CLF $TECL $OKTA $WDAY $SNPS $ALGN

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