Did you buy Peloton even though I said no? Market update 2-9-22
Description
I missed the Peloton buy. I go over this in detail here and on the blog on medium (@dailystockpick3). I am not sure if you should buy this one, but there are some interesting chart features that may be serving as a magnet to drag the price up. OR this could be a short squeeze. Either way, I'm staying out, but if you have the gambling forte - go for it.
COIN - good buy under $200
QCOM - great buy under $180
BRK.B - great long term buy - a bit over bought right now, but will be at a discount later. Keeping an eye on it.
Uber - reports earnings after bell today. Should already have Lyft earnings factored in. This has just been a bad business model until autonomous driving becomes real.
CLF - great buy on this if you got it around $17. You're already up almost 20% on that buy. They report later, but I continue to think it should be around $22.
SPG - not a buy - it's still got some downside.
SKT - looks like this one might be good with earnings coming up. It's got the SPG earnings already factored in.
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