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Daily Stock Picks

What will the Fed and Jerome Powell do to the market today? 3-16-22 Market update

16 Mar 2022

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Jerome Powell has the attention of the markets today. The Fed has been behind the curve to their own admission and today is the day they start to raise rates which the market has been fully aware of. I do expect some movement in volatility around 2pm when he starts to speak.  Some of the stocks that I think are good opportunities: $DAC - super strong run up but you are hitting up against 52 week highs. There's some underground chatter on this one though. Good chatter.  $ZIM - $17 dividend coming with a date of 3/22 $PANW $CRWD $ZS - These are holdings I'm in or getting in to. Cybersecurity is key going forward.  $MRNA - Get it when it goes down to $140 again because we will have more Covid boosters and variants.  $ORCL - this stock was an earnings play and I like it going to $90 from here.  $TSLA - can we all agree that Elona (check twitter for that name) is awesome? The stock is developing a trading range between $750 - $1k $GOOGL and $MSFT are Leon Cooperman favs. $CI is one he's getting in to - I like $UNH Chinese stocks like $BABA are just traps. Do not own - but you can trade them - just be careful as overnight they can lose 25% (kind of like crypto). 

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