Stock Market EXPLOSION Coming!? 5 Stocks To Buy NOW?📈

How's it going guys? Doss here. Welcome back to another video. Got my good old double espresso. How could I not, right? Cheers. Happy Friday. I appreciate you all for tuning in as well. We have a lot to talk about today from stocks to charts to what I'm looking to do and overall where my head's at in this market. So guys, hit the like button. Make sure to subscribe and join my Patreon if you want to keep up with my actual portfolio updates, my trades, investments, and if you want to be a part of my private Discord. It's all linked down below on Patreon or go to stocksurfest.com/patreon or check out the link in the comments. And now, cheers again, guys. Take a sip of your coffee and let's dive into it. So it is about noon on the east coast right now on this beautiful Friday and all the indices well are all over the place right another mixed bag day for the stock market as the Dow's up about a quarter% not too much in the green same with the S&P a little less than a quarter% in the green as the Russell is down 34 of a percent and the Q's are pretty much at break even down slightly ever so slightly slightly 0.05% on the day and we have the VIX down about 3%. Oil's down both Brent and WTI and silver and gold uh they're creeping down as well. So again, mixed bag day overall for the stock market. We have the metals moving down, oils moving down. It's one of those days, right? And we can see looking at SPY, if I zoom in a little bit, what we talked about yesterday still stands today. You guys can see on SPY, we're slowly um starting to take out this channel on the 4hour time frame, which we have been in this little downwards sideways channel, whatever you want to call it, for a couple of weeks now. We're finally starting to break through and we're noticing this cup and handle is starting to play out. We actually have a golden cross as well and we're above these moving averages on the 4hour chart. So, we're a stones throw away from all-time highs. The bulls are finally coming alive here on SPY after about a month, month and a half of us again being in this downtrending channel, sideways channel, more so a downtrending channel. And on the cues, if I pull this up, let me show you this guys. We're still in that downtrending channel. We're not actually breaking out yet like spy. We're a little behind spy. Uh but I think the cues are going to catch up pretty soon here, man. I think we're going to break out and I think 7:30 7:35 is that breakout spot and that might test probably not today, but at some point um next week we'll be able to test that and maybe maybe just maybe uh break right through. So at this point guys on Friday um again it's a mixed bag. Stocks are going all over the place but overall the indices look strong still. You know what I mean? SPY starting to break through. The Q's are right there even though the Russell's down. I mean guys we just hit all-time highs a couple days ago. This chart looks phenomenal. Same with the Dow. The Dow just hit 53300 a couple days ago earlier this week. We then saw a pullback a couple days after um and now we're slowly climbing out you know above the you know above the 50 SMA. We're climbing after the pullback. So all the indices look strong and I suspect that will continue here as my overall theory guys heading into the midterms is Trump is going to do everything he can do to keep the market propped up to keep the market near all-time highs at all-time highs and oil prices down inflation down you know gas prices at the pump down. My theory is he's doing anything he can do before the midterms, right? And there's a there's a lot of theories that oh, you know, after the World Cup, Trump's going to go nuts on Iran. Uh but I don't necessarily think that's true. Um I think after the midterms potentially that could happen. Uh but between now and the midterms, I think he's going to do whatever he can do to keep things as smooth sailing as possible. So, with that being said, guys, let's take a look at Meta, talk about some other stocks here that I'm looking at and overall where my head's at in this market with these stocks. So, Meta is up another 6.4% today. Now, marking over an $130 rebound off the low from just about what, a week and a half, two weeks ago, guys. We hit 540. Now we're trading at 672, up 25% in in about 2 weeks. And at this point, it's the moment of truth on the charts for Meta. Meta's been struggling all year. You guys know that we've been downtrending. And each time we've tested the top of this channel, well, we've gotten rejected. And that's where we are again. We're testing the top of this channel where we got hit back in April, back in February, back in October, right? So, this is a big spot chart-wise. And maybe with these catalysts that we've gotten, guys, maybe this actually starts to break out this time. Uh, but we're not fully there yet. And Meta is due, guys. Meta is due for a big rebound. I mean, we've already gotten it, you know, 25% off the lows in two weeks. Uh but it's due for an even bigger breakout in my opinion. Uh but is it now? Will it be down the line down the road this year? Maybe early next year? I don't know. Uh but again, things are shaping up strongly for the stock, especially fundamentally speaking. So, we got news yesterday regarding um you know, their AI model. Now, we're hearing things about chips from Meta. Um so, let me pull this up here. We'll break down what BFA is saying. They actually reiterated a buy on Meta and I believe they raised their price target. So, let me show you guys what's going on here. And full disclosure, I own Meta. I've been a shareholder now for I forget how long uh you know this go around, maybe around a year, maybe a little less. Uh but I've owned Meta over over the years on separate occasions. I've gotten in, I've gotten out, taken profits. Now I'm back in and I think this will ultimately be a $1,000 stock. Um, in due time, not this year or probably next year either. Uh, but in due time, I think Meta is going in that direction. And BFA has an $835 price target, which is a 12 month price target. And they reiterated a buy rating on Meta. And we can see here their analyst Justin Post cited an internal memo reviewed by Reuters indicating Meta is building a custom silicone chip as part of efforts to add 14 gawatts of total compute capacity in 2024 and 2027. And the memo stated Meta has deployed one gawatt of capacity so far in 2026 and expects to deploy 5 1.5 gawatts in the second half of the year. So BFA, they're estimating the 2026 cost per gigawatt at approximately $22 billion based on $145 billion in capex compared to the firm's previous estimate of $45 billion per gigawatt for 2026. The 6.5 gawatt capacity growth cited in the memo exceeds BFA securities estimate of 2.6 gaww. Right. And the firm notes that building capacity at below $30 billion per gigawatt could offer favorable economics compared to its estimates for Amazon and Google. Their annual cloud revenues per gigawatt at 10 billion to$16 billion. Right? So this is great news for Meta guys. And BFA Securities also referenced recent SpaceX capacity deals that could range from 40 to 50 billion per year uh per gigawatt, you know, and the analysts acknowledged that not all capacity is built the same, right? But suggested Meta may have achieved significant cost savings in its capacity deployment strategy, which again is major news. And these efficiency gains align with Meta's impressive gross profit margin of 82% and overall phenomenal financial um health. You guys know Meta when it comes to their balance sheet, right? Their finances in general fairly strong, you know, fairly strong. And that's always uh been the case. You know, sometimes in some periods it's been stronger than others, but Meta is usually a financially uh well-ran company. You know what I mean? And in other recent news, Meta has announced the groundbreaking um of a new data center in Alberta representing an investment of over 13 billion Canadian dollars. And this facility is optimized for AI workloads and will be Meta's first in Canada. and it's 33rd globally. So, we're getting a lot of news regarding their custom silicone chips. They're breaking ground in Canada, right? And again, their AI model. They're looking to compete with obviously um you know, Google Anthropic, uh we talked about that yesterday, Open AI. So, Meta continues to run. And this these types of catalysts guys, it's not guaranteed, but these could cause the stock to have legs uh you know uh this move could have legs further than what people think. And granted, it is a little overbought. RSI is red. Uh but this is the best, you know, news cycle, if you will, for Meta that we've had in recent memory, right? In months at this point. I can't remember the last time we've had all these catalysts at once. Um, so maybe this stock does start going back to back to the 700s, but we're not there yet. And again, keep in mind, we're in this uh downtrending channel. We're still in it. You guys got to watch for not only this channel to break out, but really, we need to take the highs out from April. April is a big resistance spot um at about 680 690 and if we're able to get out of there uh this could really take off 700 maybe further than that. Uh but I don't want to get ahead of myself guys. That's it for uh for Meta for now and we'll we'll do another update. We'll keep an eye on it as always as I'm keeping an eye on Costco, ticker co. And hold on a second guys. My pants are feeling a little weird here. A little TMI there. I got to fix my pants for a second. Uh, but Costco is down now almost 20% uh from where we were in I think early Yeah, miday. Yeah, mid to late May actually. We hit about 1,100 a share. Now Costco's down to 910. It's almost in a bare market down 20%. And look, the chart by no means looks strong, right? We're still under these moving averages. Still looking like a falling knife. You could argue, but Costco historically, man, always trades at a premium, like I've said. And it's one of those stocks genuinely that each time it falls 20%, 25%, people buy the stock no matter what it seems like. You know, it's one of those blue chip stocks that like clockwork, like clockwork, each time it's down 20%, buyers start to step in. And we're we're heading towards that number now, guys. Um I I don't think this goes much lower than $850, $900 a share. Now we're at $913. Um and as you pull the layers back, you're going to realize, okay, this this stock looks strong on the chart still. Um, you know, it's maybe PE-wise it's arguably a little frothy, but again, it always trades at a premium and buyers come in each time it drops 20 25% like clockwork, right? I've been tracking the stock for years, right? And each time it sees a sell-off like this, um, a lot of buyers come in. So, I think this time is no different. I think now is a decent time to start scaling into Costco. And if you think about it fundamentally speaking, right, it's a very strong business. Uh very strong business. They have pricing power when it comes to their memberships, right? Look, I'm paying 120 130 bucks a year for Costco right now. I have the um I think the executive membership, guys, I would pay $200 a month. you know, they have the pricing power and they're not just going to ratchet up the price like that, but they can over time slowly but surely, right? Which makes their cash flow, which makes their revenue, which makes their, you know, profits super predictable. Not 100% predictable. We can't see the future, right? But they have that lever that they can pull and they can increase it every so often. And people aren't canceling their Costco memberships, guys. Very predictable business model here. Um, which makes it a great longerterm investment. Uh, but even here in the short term, I think we're due for a snapback, right? So, Costco, ticker c. And by the way, guys, hit that like button, man. If you're still here, if you're watching, if you're finding value, hit that like button. Make sure to subscribe as well. I think 50% of you guys on YouTube and Facebook watch the content, but you're not subscribing. You're not hitting that follow button. And that needs to change, guys. Come on. We're on the way to 100,000 subs and followers on YouTube and Facebook. And I'm going to need each and every one of you to hit that subscribe button. So, hims and hers looks interesting. I think this stock could be on its way to 40 bucks a share. I think this gap I I don't think I know it's slowly starting to fill. And if you guys take a look, HIMS has been crawling out of this downtrend for months. You know, we hit $13, which is crazy to say $13 back in February. Now we're at 33, making higher highs, higher lows, and the next main resistance right now is 40 bucks a share. 3840 bucks which that's where the stock was back in the end of last year before it completely cut in half and some. Um I think that gap like I said is filling right now and that's the main main point of or the moment of truth if you will main point on the chart is 40 bucks 38 40 bucks I think again we could run another little bit until we get there. Um, and that's the big spot that's going to test. And if it takes 40 out, guys, I think him could be going even higher, right? And Amazon, I'm eyeing up for leap still. Um, Amazon looks pretty good on these charts. It looks like we have an inverse head and shoulders clearly starting to form. Uh, we have a golden cross on the horizon and we're actually pushing above both moving averages on this 4hour chart. So, in my opinion, guys, Amazon, I think the ship's about to sail uh for this move. I think we're going to go 250, 260 in the short term. I think it's totally possible. And maybe it happens heading into earnings on the 30th of this month. At the end of this month, we have earnings from Amazon. So, I'm excited about that. Ticker AMZN and Marcato Libre. Guys, I'm finally green on Marcato Libre. It's about freaking time. I started buying this stock in December and I've been averaging down all year. I just bought more at 1,500 3050 bucks a share roughly after earnings. And this is why I bought more. I mean, that overreaction after earnings was exactly that, an overreaction. It got all the way down to under 1,500 bucks a share. For what? For what? I mean, they're investing into the business for the future, you know? Yeah. their free cash flow, their margins are taking a hit. And investors were focusing way too much on that. That's a short-term problem. Why are they taking a hit? Because they're making all these strategic investments for the future. And I think this short-term hit we're seeing in free cash flow on the gross margins in the gross margins. I think it's just that, a short-term hit for long-term gain. And investors finally realized that. Um, and the stock's up 20% off that low. And I think it's just getting started. Genuinely, man, I think Marcato Libre is just getting started. And the more you pull back these charts, the more you realize on the MAX chart, on the three-year chart, Marcato Libre is is definitely a hold in my opinion. Or if you're not in it or if you believe in the company, not telling you guys what to do, obviously. Um, it's a buy in my eyes. Um, I wouldn't mind buying more shares here myself, you know, but I kind of already fully built out the position and now I'm letting it ride. Uh, so what do you guys think? Let me know in the comments. Hit the like button again. Make sure to subscribe and check out my Patreon if you guys want to keep up with my actual portfolio updates, trades, investments, and if you want to be a part of my private Discord, it's all linked down below, pinned in the comments, or go to stocksurfest.com/patreon. And with that being said, cheers. I'll see you guys in the Patreon or in the next video. Peace out.