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Tuesday, January 28, 2014

Stocks to Watch Wednesday - January 29, 2014

My list of stocks to watch on Wednesday, 1/29/14 -

Top Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014

LiveDeal (LIVE) - LIVE hit $23.70 on Tuesday.  Support is located between $19-$20 going forward.

Noodles & Company (NDLS) - NDLS is back trading near $37.  Buy NDLS on any pullback and keep a stop at $35.

Yelp (YELP) - YELP continues to rebound with the stock market.  YELP will continue to be a great trading stock but all eyes will be on earnings on February 5, 2014.  For a trade, buy on a break above $76.01.

Direxion Daily Small Cap Bull 3X Shares (TNA) - TNA is a great stock to buy during a stock market correction because it trades with the market.  When you think the stock market is oversold and about to bounce, buy TNA and ride it back up.

Care.com (CRCM) - Watch for a break above $26 resistance on Wednesday.  The next level to watch after that will be $27.82.

Netflix (NFLX) - NFLX ripped above $400 on Tuesday and all pullbacks are a strong buy.

Minco Gold (MGH) - MGH is now one of the top penny stocks in 2014.  Resistance is located at $0.40.

Top Gainers Tuesday - RCON BGMD LTRX WTT AKS DL ELON ALIM GSB IDN SCLN XRS KRA MGH WBAI SIMO

Earnings January 29, 2014 - In the stock picks group, we will be watching key earnings on Wednesday. Facebook (FB) will be releasing a critical earnings report.  If I like what I see, I will be buying for sure.

For more hot stocks to watch, sign up and join my trading group, stock picks group.  I send out a daily pre market email and identify stocks to watch and what I'm buying and selling each day.  We also trade stocks off earnings reports and hot IPO's.

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