Dan Nathan

Investors were hiding here, but now it's just another stock, down with the rest of the market and other megacaps. Valuation and supply chain wasn't easy this year, but investors were comfortable hiding out here. No surprise it's selling off to new 52-week lows, given share price relative to expected growth.

Exxon and Chevron make up 40% of this ETF, which saw put volumes at 1.5x its average daily volume with puts outnumbering calls 3-1 this past year.

Washington bans Tik Tok, but Meta shares still decline 1% today The bull case lies with Meta better monetizing some of its social media properties. Their 2023 earnings are expected to be down YOY by 13%, down 35% this year with sales flat or growing at low-single digits. It's trading at 15x PE, and shares are down 67% for this year, BUT it's up 35% from lows of a few months ago. Shares are discounting the rhetoric heating up about Tik Tok. This is less about Tik Tok and more about what Meta chooses to spend their money on. What is their 10 years looking like?

Apple vs. Tesla in 2023 Tesla has under 10% EV market share in China where many companies are building EVs, so China isn't that much of a growth engine though many feel that is. Musk is telling employees to ignore Tesla's stock action, but TSLA is the biggest stock crash in recent months. Stocks like this simply don't come back. There's a good chance Musk won't be CEO 12 months from now and TSLA will be viewed as a car company (slowing growth) but lacking the craziness of its current CEO. That said, . It will probably rally soon and sharply, making this a great short to stock. He prefers Apple, but at $110 in coming months.

Apple vs. Tesla in 2023 Tesla has under 10% EV market share in China where many companies are building EVs, so China isn't that much of a growth engine though many feel that is. Musk is telling employees to ignore Tesla's stock action, but TSLA is the biggest stock crash in recent months. Stocks like this simply don't come back. There's a good chance Musk won't be CEO 12 months from now and TSLA will be viewed as a car company (slowing growth) but lacking the craziness of its current CEO. That said, . It will probably rally soon and sharply, making this a great short to stock. He prefers Apple, but at $110 in coming months.

Retail in 2023 looks good. TJX is trading at 52-week highs, and having a good run these holidays. Discount retailers will do well in 2023 while retailers with high inventories will have a tougher time. Better to be a stockpicker in retail, like Nike who surprised all with its recent report, given the success of its retail stores performance.

Retail in 2023 looks good. TJX is trading at 52-week highs, and having a good run these holidays. Discount retailers will do well in 2023 while retailers with high inventories will have a tougher time. Better to be a stockpicker in retail, like Nike who surprised all with its recent report, given the success of its retail stores performance.

2023 comeback story Down 85% from highs, but it has a $16 bullion market cap, but $13 billion in cash and under $2 billion in debt. They're expected to lose $10 billion over two years, but they have all that cash. He predicts a massive rally early next year.

As a 5-year hold Current growth estimates are 12% and 13% sales growth and 68% gross margins. 10% of their market cap is cash. There's a gap between between expectations between now and 2023. The price target is $143 based on 48 buys and three holds and no sells. Sentiment hasn't changed yet. Buy it in the $80s and hold for 5 years.

Unveiled a budget iPhone and other devices today and yet shares slipped 1% They're supposed to have a 43% gross margin, the highest in a decade. Don't expect a $250 price target, but let if fall another 10% to $140 before stepping in. Apple is supposed to have the same earnings growth as the S&P this year. Apple bought $20 billion in shares last quarter and will continue to. Buy at $140.

Inflation and soaring gas prices effecting consumer spending Consumer spending is still robust and can withstand an oil shock for a while. He's more concerned with McDonald's shutting down in Russia and halting nearly 10% of their sales. The hike in oil prices will be temporary, because it is a big political issue; that price will decline.

The Russian invasion has suddenly made energy security a priority. Where to invest in energy--renewable, nuclear? Was $282 at Thanksgiving, then cut in half and has bounced. ENP is a name you can look at. It's the biggest holding in the TAN ETF.

No one is worried about megacap tech stocks and that's a worry. Snap, Twitter and Pinterest, also Lyft have slid around 25% from their highs, and these are buying opportunities in the coming months.

No one is worried about megacap tech stocks and that's a worry. Snap, Twitter and Pinterest, also Lyft have slid around 25% from their highs, and these are buying opportunities in the coming months.

No one is worried about megacap tech stocks and that's a worry. Snap, Twitter and Pinterest, also Lyft have slid around 25% from their highs, and these are buying opportunities in the coming months.