Energy isn't done - oil is running - Market update 6-28-22

Daily Stock Picks - Un pódcast de Gary Vaughan

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Oil will go to $140/barrel. Leaders of the world are talking about it now and knowing that supply just can't increase in the next 6 months while demand is going to soar with China opening and Russian oil embargo.  Today's stocks: $MU - love this in to earnings $CVX - cross up - buy below $150 $XOM - cross up - get it under $90 $DVN - it's over $60 on the cross up so expect it to go back to $70 $OXY - over $60 - take your 10% and move on when you have it.  $FANG - love it - great opportunity on the pending cross up $PXD - I think it's going back to $270 $MPC - Cross up  $UVXY - the VIX is going to 24 and then will shoot back over 30. Buy $UVXY at $13 now.  $BOIL - I think Nat Gas is going back up now - $KOLD had a great run.  $UCO is going back to $55. I like it just like the other oil companies above $META - anything under $200 is still my guidance  $GOOG - if you can get it in the $2200 price range, it's a great long term buy  $SNOW - up 18% MTD - I like it back to cover the gap above $200 now $CLF - if you can get it under $16 I like it - but I think we are going to $20 from here with their earnings $QCOM - it's Forward PE is 9 - great opportunity here $NVDA - great long term buy  $UNH - I think we are heading below $500 again so if you have profits - take them  $AAPL - Trendspider has a fair value gap and Apple is in that now $RIO - cross up - I like this going to $70 $BABA - will it run again? The RSI is very high - but what a run it's had $WEAT - the RSI is too low - this has to go back to $10 $XLF - I like it now that the banks have passed the stress test and some have upped their buybacks and dividends.  $MPLX - Cross up at $29 - I own it and love it with that dividend. 

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