Steve Grasso

The CEO today announced stunning costs and inefficiencies

It's too early to invest in Ford, too early in this turnaround.

Today, people are selling off everything. He expected a Santa Claus rally this year. Instead, people are locking in their losses before the next year. No one is chomping on the bit to get into stocks. Q1 2023 will likely be tough as this sell-off likely gains steam. What's the rush in buying?

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. For the last two years, energy has outperformed. In 2023, the price of oil rises while oil stocks fall, which reverses the trend of the past two years.

Washington bans Tik Tok, but Meta shares still decline 1% today If the market is selling off everything as interest rates rise, including large-cap growth tech stocks, it doesn't matter what any ruling is. Also, nobody knows what the metaverse is yet. That's why there's rumour or splitting Meta stock into two, with the metaverse as its own equity. Now, that would really lift this stock.

Apple vs. Tesla in 2023 He owns Apple, but would buy Tesla at $100. He prefers Tesla given growth scale and its risk/reward, if Musk does anything in battery power in any industry, (which is among the many levers he can pull), and if he stops selling Tesla shares next year.

Apple vs. Tesla in 2023 He owns Apple, but would buy Tesla at $100. He prefers Tesla given growth scale and its risk/reward, if Musk does anything in battery power in any industry, (which is among the many levers he can pull), and if he stops selling Tesla shares next year.

Strongest turnaround story in 2023 Disney is most likely to turn around. Shares are now at pandemic lows. Yes, there are headwinds, but Disney won't face the same pressure as during the pandemic. Also, theme park revenue will probably go higher. Third, Bob Iger has returned as CEO, a superb operator. Four, Disney will be releasing several blockbusters. Five, China will reopen and open a huge source of revenue.

India is adding $1 trillion to GDP each year or 18 months.

It's breathtaking how yields slid this week. (The U.S. 10-year fell below 3% today.) If you go back to November 2018 to the highs of June 2022, the 50% retracement for yields is 2%. Those two dates were a double top for yields. He expects a respite for yields as commodity prices (gas and wheat) come in. This may convince Jay Powell to take his foot off the gas and result in yields come in from here.

He's been negative on all semis lately, but only Micron is below the February 2020 level. For Nvidia to return below Feb. 2020, shares would have to be cut in half--a pretty big move. TSM and Nvidia make up 20% of SMH. The former would need to plunge 30% to fall below Feb. 2020. So, there's a lot of room to the downside. We'll have to dip down a lot to call a bottom in semis.

Ross and TJX benefit from oversupply in retail, and we've seen oversupply in many retail names.

Ross and TJX benefit from oversupply in retail, and we've seen oversupply in many retail names.

It's not about market conditions hurting cannabis stocks Like Uber and Lyft, cannabis stocks have to make money and profits at some point.

This solar ETF looks terrible on a technical level. Take profits.