 Welcome back. Let's take a look at some of the movers right now this Friday. There's some action on Wall Street because we see right now Teva is gaining tired by about a half of 1% did get an upgrade to a buy over at Argus. There's General Motors also moving higher after China deliveries were reported lower by 12.2% from the second quarter but you do see it up about three quarters of 1%. 3 a.m. today is the biggest loser in the Dow Jones industrial average down by almost 2%. Finally happy birthday Amazon. It's the company's 25th birthday today. The stock nearly unchanged but trading slightly right now up to the upside. 1939 is where Amazon is sitting for its 25th birthday. And for now let's get to some great stock picks because Melissa Armo is here founder and owner of the Stock Swoosh. Glad you're here today because the market is open and we're seeing movers and we're looking at some of the things that you're going to be picking. I have your stock picks but before we get to that how are you feeling about the market. We got the jobs report. We're going to hear from Powell next week. You know he was calling it the Humphrey Hawkins testimony. It's what he used to call it and then it's Fed Day. How are you feeling about the markets overall. I feel really the same as I did back in May we were talking about and I said listen this summer is going to be wild for markets. I still feel that even though we've had a rally it's been really a choppy rally because we haven't had any real follow through days where you would see the market run up clothes green big those are the kinds of days you want to see and we really haven't seen that even though we've been sort of rallying that we drop and like we're down today and we're trying to move over the high. I mean the market has been choppy and I expect that that will continue and one of the reasons is that this market is very driven by tweets and news and that is very unusual. It's hard for traders to trade because you have the Fed that takes a stance back in 2018 that we're going to raise rates. Then they raise rates. The market collapses in December and then they change their stance completely except they did a 360 degree turnaround and now you don't know what's going to happen next time around and they're going to drop rates are they going to drop rates twice this year three times this year not at all. I mean it's really hard when you look at it's like the little boy that cried wolf and you say well I don't know if I believe him this time. Yeah a lot of people are even yeah there's so many people come on here and think they shouldn't cut it off because things are good. Let's get to Disney. This is a name that you've been touting for some time. You've loved that it's been a winner. Every time you come on we say hey hit another high is still like yep I still like it. I mean just had toy story for didn't hit it as high as it hoped but still it's been a winner. It's been leading the box office. So what are your thoughts on Disney. Disney is strong. I don't know if Disney really has another big move until after the earnings. So the earnings on Disney are August 15th I think that's an unconfirmed but you can check it. Sure. Maritrade has it somewhere in the site but long story short Disney has been holding like this in a base around that 141 40 142 level and that's good. It looks like it's ready to break out. Now whether it breaks out or not before the earnings I can't say for sure but Disney really still looks very very strong to me. Even when the market wiggles and jiggles Disney is holding Disney has a lot of potential fundamentally I like Disney and technically speaking I like Disney now that doesn't mean that the earnings are going to be good. I really don't know what they're going to say but then you say what's hard pressed to determine what any earnings are going to be until the report but what could they possibly say bad. There's so many good things on the horizon for Disney that my expectation is that it's going to make a pop after the earnings. Yeah I mean the only thing they could probably say is some global headwinds or theme parks abroad or something like that but I see your point. I mean they really have done exceptionally well the stocks of about 30 percent this year. You made a note in your notes about dividend payer as well. I mean so or I saw that actually. It's a good buy. It's a great one. It's interesting. We'll see what happens on that but you like it for a longer term play. Longer term like I'm talking out the next 12 to even 24 months. I mean Disney could get to a $200 price target. That is not completely insane. I'm not saying this year. I'm not saying in August. I'm saying in the next 12 to 24 months Disney could run up to that level. I'm going to challenge your short play because you want to short Boeing but I have talked with seen read so many things about Boeing that are positive. It's in the aerospace and defense. This 737 Max is just a small part of what Boeing does and everything's out there. They've been honest. It's it's cleared. It's going to be flying again. But you still think it's a short. The technicals. So I don't really follow. I don't make decisions based on fundamentals. Sometimes they match up with the technicals. Sometimes they don't. In this case you can go with the fundamentals and say the fundamentals are positive. But when I look at the technicals of B.A. the stock has dropped and fallen off since a big rally that it had back a couple weeks ago. I forget the exact date. Had a huge rally. It's lost all of that rally completely. And you know again even if the news right now seems good. Technically speaking the stock has fallen off after a massive rally and that is a negative sign. And also you have to remember that's a big component of the Dow. And if the market goes sideways. If the tariff issues affect the market a big way. Boeing's going to drop. All these big stocks are going to drop and Boeing's going to be right there with it. So even still if the market ends up dropping if the Dow ends up dropping Boeing's going to go and if Boeing drops is going to pull the Dow down. Right. It's like this. It's like Apple with the cues. And then that spooks people's confidence overall. Yeah. They see the Dow dropping. I mean there I saw one target price target. They put it at 413. It's a three fifty six. So I mean there are people who believe to the upside. But I see your point. It's caught in that range right now in that three. If it was over four hundred I'd have a different viewpoint but it's not. And particularly speaking that huge rally it had just recently in the last month. It didn't hold that rally. We were underneath that rally a gap down underneath that rally that is a bad bad sign. Technically again I'm going technically speaking and beyond me. What are the technicals on that. It's a five hundred percent from that twenty five dollar IPO just in this one month. You know people said it's already hit the top hit the top get out. But meanwhile just in this one month is up fifty percent. So what are your thoughts on the day when we talk the last time I was on I said I liked it and I said target is two hundred. It gapped up there that next day the day after we talked. It went to two hundred. I don't know if you thought it was a day after we talked. If you bought it the day we talked. If all of your viewers and all the traders at Ameritrade bought it that day the stock went up to two hundred the number that I said next day. Yeah. So this stock is is poised to rally. So go back to two hundred. I don't know if it goes back to two hundred. It may wait to the next earnings as well. Right now that's in a range here. It's in a tight tight range. You buy it. You're recommending you buy it. If you want the confirmation I would wait until the next earnings is what I would do because it just had the earnings were going into the next earnings. And those are good. The last set of numbers. But I'm saying people have been shorting shorting shorting this and saying oh this is the end of this is going to go lower. That I do not see at all technically speaking. And again it's a new issue. So some of these plays I'd be in and out like that. Like if you'd bought it the day we talked about it and got out the next morning that would have been the right thing to do. You got to take it make the money and run to the bank with it in this stock. Dancing. I'm in the money. I'm in the money. All right. Thanks for joining me. Thanks to our founder and owner of the stock swoosh. Great to see you and have a nice weekend. Our next guest sees 35% upside to squares stock. We'll explain why. And before you head to break we have some good news for our viewers with the Apple devices. Another way to watch us on the go. Check it out TD Ameritrade Network iOS app. It's available for download in the app store right now. You can watch us live catch up on your video on demand. Create your favorite playlist. Download the TD Ameritrade Network app right now from the app store so you can watch us wherever you go. We'll be right back just after a quick break.