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Tuesday, October 28, 2014

Stocks to Watch Wednesday - October 29, 2014

My list of stocks to watch on Wednesday, 10/29/14 -

Top Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2015

RadNet (RDNT) - RDNT is one of the top stocks in 2014, Up over 400%.  More.....

Twitter (TWTR) - TWTR rallied almost $3 off the low as buyers stepped in.  The company reported solid earnings and sales but Wall St. estimates were sky high.  TWTR is a strong buy below $45 for the rest of 2014.

Yelp (YELP) - Yelp (YELP) failed near $60 again on Tuesday.  Keep an eye on resistance located at $60 & $60.30 going forward.  Yelp is a strong buy below $60 for the rest of 2014.

Direxion Daily Small Cap Bull 3X ETF (TNA) - Direxion Daily Small Cap Bull 3X ETF (TNA) surged above $70 and was red hot Tuesday.  Sell TNA into this rally and buy back in the $50's if we see another correction.

Facebook (FB) - Facebook (FB) reported earnings Tuesday night.  Expect huge volatility on Wednesday which is good for trading. (AMZN) - Amazon (AMZN) rallied back to $300 on Tuesday so I obviously like it less.  I love AMZN in the $270's or lower.

iBio, Inc. (IBIO) - IBIO is now one of the top penny stocks in 2014.  Support is located at $1.00.


Earnings October 29, 2014 - In the stock picks group, we will be watching key earnings on Wednesday.  Baidu (BIDU) 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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