Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Daily Stock Picks

The start of earnings and PPI - is the market going to keep going down? Market update 4-13-22

13 Apr 2022

Description

$JPM and $BLK released earnings and both had comments about "geopolitical and economic cliffs ahead". Those words are key in guidance.  I like $BAC and $WFC in the banking area and they report tomorrow. $GS might be an opportunity as well.  $DAL reported $1 Billion more in revenue than analysts expected. They are seeing record demand (March was the best booking month in their history) and people are buying more expensive seats. Guidance was for a strong rest of the year flying at 90% of capacity.  PPI index came in worse than expected and the market reacted poorly. It has since recovered a little since then.  Oil is holding at $100 - but it will go up. Kudos if you took profits on $UCO at $165.  $DVN - buy under $60 - it's up again.  $FANG is a buy.  $SPG - I believe this one will give be good close to earnings. a 5% dividend while you wait too. 

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.