$SPYI - 11.73% dividend ETF that has growth too - 6-20-23 - Market update

$SPYI - 11.7% dividend yield - there are alternatives

$BABA new CEO

$ET - huge insider buys with a huge dividend

2 scans I like $GEHC and $USB

Top YTD winners listed in the newsletter

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NOTES 

4 great comments from DVSXRIPPEN, WAIN1207 and Will on Spotify. And firdas from London ….. I think I should call you mate. 👍👍Thanks so much for the kind words. 

I’m going to limit myself to 30 min on the pod. Then I’m going to trade for 30 min. I will choose 1 stock to trade and do it live on YouTube after the recording. 

My weekly stock pick Is $aapl 

How does $QQQ historically perform after 8 green weeks in a row? 

Over the last decade, its only happened 8 other times.  The following week was red 50% of the time, with an average return of -0.63%

UBS says 3 things will sustain the rally 

First, investors need to believe that the Federal Reserve won’t raise interest rates beyond the two increases implied by the most recent dot plot, according to UBS chief investment officer Americas Solita Marcelli.

Second, investors need to remain confident that the U.S. will avoid a recession. 

lastly, Marcelli added, the rise of artificial intelligence stocks needs to prove itself “justified,” as a the bulk of AI stocks - Nvidia, Amazon, Meta, Tesla, Alphabet, Apple and Microsoft - make up 80% of the S&P 500′s climb so far in 2023.

$pins 

$boil

$CAT

$DE

$BABA - new CEO - under $90

$SPYI - Good video - https://youtu.be/LhPuihxqA4E

$et - huge inside buys up 13% ytd 

A finviz screener that looks for stocks in an upward trend but down today 

https://finviz.com/screener.ashx?v=111&f=sh_avgvol_o1000,sh_opt_option,sh_relvol_o1.5,ta_averagetruerange_o0.75,ta_beta_o0.5,ta_change_d2,ta_sma20_pa,ta_sma200_pa,ta_sma50_pa&ft=4&o=price

$s - might be a good buy 

1 Unstoppable AI Stock Down 78% to Buy Hand Over Fist | The Motley Fool

$evgo for Shannon on fb 

New member here! What is everyone's thoughts on EVGO?

Their Director just bought nearly over 5.8 million shares during the dip. They qualify to tap into the $7.5B Biden grants into EV charging, $10B into clean transportation. They also did better than predicted in their last couple of quarters, but they also suffered from the GM/Tesla deal and there are some other drawbacks but curious if anyone has opinions on them.

29% short interest - losing money - Tesla charging network communicates with cars through API’s which will be the differentiator 

Gabrielle - fb 

Hi Gary ! 

Thanks a lot for your incredible content!

It’s a daily help to improve my knowledge,

Always learning 😀

I am struggling to understand this situation: 

as long term investment, in a uptrend scenario, when I can add to my position ?

For example if I own a good stock since years, which did +100/200/400%, is it worth to buy more shares (or reinvest dividend) even if price is ofc higher than purchase price ? 

(I focus long term investment on compound interest rate)

Thanks a lot as usual! 

Gabrielle

$ai for Laurie - talk about how it was an energy company and then an iot company and then ai and the ceo talking about it poorly on cnbc - also mention the all in podcast with Brad geratner saying there will be 3-4 ai deals from angel investors announced this week which may push that agenda to make it a good trade 

Good tweet about it 

https://twitter.com/stockmarketnerd/status/1670812335995232258?s=46&t=7y4v-tHaIEzjLo4Lw72X7g

2023 TOP YTD STOCK GAINS IN THE NEWSLETTER - http://dailystockpick.substack.com

SCANS

$HIBS

$SARK

$SMDD

$MARA

$ETHE

$GEHC

$USB