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Stock Market Closing Report - 4/2/20 April 2, 2020

Tuesday, May 7, 2019

Dow Jones Close 5/7/19 Stock Market Closing Prices

Stock Market Closing Prices - May 7, 2019

Dow Jones Industrial Average ( DJIA ) Close - 25,965.09 Down 473.39
Nasdaq Stock Market Close - 7,963.76 Down 159.53
S&P 500 Close - 2,884.05 Down 48.42
Bitcoin Price - 5,850

Commodities Closing Prices - 5/7/19
Gold Close - 1286
Silver Close - 14.92
Oil Close - 61.26
Natural Gas Close - 2.54

The Dow Jones Industrial Average closed at 25,965 on 5/7/19, as the stock market gave back all of yesterday's rebound.  The stock market is worried about Iran and Boeing (BA) shares killed the Dow due to safety concerns regarding the Max 8.  These two factors as well as rising volatility hurt the stock market today; I don't really feel it had anything to do with China.  Bitcoin rallied into the $5900's which was a new 2019 high. GBTC jumped above $8 at one point.  I like GBTC below $6 and TNA below $60 for the rest of 2019.  Check out my Top Stock Picks 2019.  I also updated my Marijuana Stocks To Buy page.

Check out my Top Penny Stocks 2019 page for my latest penny stock picks.

Penny Stocks 5/8/19 May 8, 2019

Penny Stocks to Watch for 5/8/19 May 8, 2019

Back by popular demand, my list of Top Penny Stocks to Watch in 2019.  This list of penny stocks is a daily updated list of penny stocks to watch for the following day.  These are the hottest penny stocks on the plant and should be watched closely if you trade penny stocks.

Penny Stocks to Watch - May 8, 2019

Today's Best Penny Stocks

1. Grayscale Bitcoin Trust (GBTC)
2. Kraig Biocraft Laboratories (KBLB)
3. Medical Marijuana (MJNA)
4. ATA Inc (ATAI)
5. Predictive Technology Group (PRED)
6. KushCo Holdings (KSHB)
7. CV Sciences, Inc. (CVSI)
8. GrowGeneration (GRWG)
9. Innovation Pharmaceuticals (IPIX)
10. Kona Gold Solutions (KGKG)
11. Aleafia Health (ALEAF)
12. Body and Mind (BMMJ)
13. Tautachrome (TTCM)
14. Avon Products (AVP)
15. American Premium Water (HIPH)
16. GT Biopharma (GTBP)
17. IronClad Encryption Corporation (IRNC)
18. Medicine Man Technologies (MDCL)
19. Global Eagle Entertainment Inc (ENT)
20. Pier 1 Imports Inc (PIR)

Today's Biggest Gainers - Top Penny Stocks 2019

Stocks to Buy 5/8/19 May 8, 2019

Stocks to Watch 5/8/19 May 8, 2019 - @stockstobuy - Twitter

Below is a list of stocks to watch on Wednesday.  These stocks are active and have the potential to break out this week.

Check out my Stock Picks for 2019 - Stocks to Buy 2019 - Best Penny Stocks 2019

Bitcoin Trust (GBTC) - GBTC hit another 2019 high on Tuesday and has doubled in the last three months.   Bitcoin is testing critical resistance between $6000-$6200 right now so expect volatility to rise going forward.  The 2020 halving event is just one year away and we will see Bitcoin surge before and after this event.

Tesla (TSLA) - Tesla (TSLA) is still holding strong after the bullish equity raise last week.  Tesla remains a strong buy below $300 per share, all major dips have been a strong buy, just look at the chart.

Small Cap Bull 3x (TNA) - TNA is trading in the high $60's as small caps start to play catch up.  I bought a ton of TNA during that last crash late last year and plan to sell shares in the $100's in 2019/2020.

Apple (AAPL) - Apple (AAPL) is red hot after the company reported earnings.  If we ever see a major 30% drop from the high again, buy all you can.  I don't see any large pullbacks in the near future but you never know.

Avon Products (AVP) - Bill Miller announced earlier this year that he has been buying shares of AVP and shares could hit the $20's in the coming years.   AVP is seeing a rebound but dips below $2.60 have seen heavy buying.  AVP is now my Top Penny Stocks to Buy

Amazon (AMZN) - AMZN is stuck in the $1900's after reporting strong earnings.  I'm expecting a move to $2100 over the next 1-6 months.

Shake Shack (SHAK) - Shake Shack (SHAK) is seeing a dip after a strong earnings report.  SHAK is a strong buy below $50 if we ever see another major dip.

Papa Johns (PZZA) - Shares of PZZA seem to be stalling out ahead of Q1 earnings.  PZZA is a strong buy below $45.

Today's Biggest Stock Gainers - Marijuana Stocks 2019  

Stocks to Watch - 5/8/19

Bridgeline Digital Inc (BLIN)
SolarEdge Technologies Inc (SEDG)
Cohu Inc (COHU)
Ritter Pharmaceuticals Inc (RTTR)
Ducommun Incorporated (DCO)
Akoustis Technologies Inc (AKTS)
Akorn Inc (AKRX)
Itron Inc (ITRI)
Veeco Instruments Inc (VECO)
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Top Stock Picks 2020 - Stocks to Watch 2020