Oil stocks are a buy again and here's why - Market update 3-22-22

Daily Stock Picks - Un pódcast de Gary Vaughan

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Energy stocks are rising and oil is going up again. With Europe considering a ban on Russian oil (Germany seems to be the holdout), it's inevitable we see $150/barrel oil again soon. Buy $UCO for the pump up.  Other energy stocks to buy $PXD $COP $HAL $DVN Mosaic is a fertilizer company and has had monster moves. $MOS has hit all time highs and the MacD just crossed up again.  $NKE beat earnings and is up 6% premarket. They didn't give guidance but the demand they said was high and e-commerce grew impressively. This one was a buy in the algo at $123 and is still moving well.  $ADBE is an earnings play - they release today after the bell. The PE is still high and all trends are moving negative but expectations are low. This could surprise, but I'm not taking the gamble personally.  $BABA is buying back $25 billion of stock. This is huge - it's popping up 10% pre market. If you're looking for growth and not getting it out of the American FANG stocks, Chinese stocks like BABA could be an opportunity if you're willing to take on geopolitical risks of the Chinese government.  $UPST - I like this one, but Wall Street main stay folk do not. I'll post a chart and you can see it.  $MULN - if you trade it then kudos - if you own it - you should read up on the CEO compensation. He's been paid $325 million over 2 years for a company that is not making money and very well may run out of funding in a few months. 

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