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Stock Market Closing Report - 6/5/20 June 5, 2020

Wednesday, December 18, 2019

Best Stocks 2020: Shake Shack (SHAK)

Looking for the best stocks for 2020?  With the stock market at all-time highs, its really difficult to find good stocks to buy going into 2020.  I have been buying a ton of Shake Shack (SHAK) stock lately given the huge decline.

Today, shares rallied from $58 to $60.50 and the technicals are going to produce a buy signal tomorrow.

Shake Shack (SHAK) was a $105 stock just three months ago but light earnings caused shares to drop nearly 45%.  In 2020, I believe shares can rally 30-60% from $60 so that is why SHAK is my largest holding into 2020.  Earnings are expected 2/20/20.

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Dow Jones Futures 12/19/19 December 19, 2019

Stock Market Futures for 12/19/19 December 19, 2019

The Dow Jones and Stock Market are trading near all-time highs.  Will the stock market go up or down on Thursday?  Keep tabs on the stock market futures which will predict the open on Thursday.  If you invest or trade stocks, check out the links below to view my stocks picks for 2020.

Stock Market Futures - December 19, 2019

Dow Jones Futures - Up 58
S&P 500 Futures - Up 5
NASDAQ Futures - Up 14
Bitcoin Price - 7,150
Gold Futures - 1478
Silver Futures - 16.98
Oil Futures - 60.97
Asian Markets ( Nikkei ) - 23,864

View Today's and Yesterday's Biggest Stock Gainers - Bitcoin Stocks

Dow Jones Close 12/18/19 Stock Market Closing Prices

Stock Market Closing Prices - December 18, 2019

Dow Jones Industrial Average ( DJIA ) Close - 28,239.28 Down 27.88
Nasdaq Stock Market Close - 8,827.73 Up 4.38
S&P 500 Close - 3,191.14 Down 1.38
Bitcoin Price - 7,150

Commodities Closing Prices - 12/18/19
Gold Close - 1480
Silver Close - 16.95
Oil Close - 60.97
Natural Gas Close - 2.29

The Dow Jones Industrial Average closed at 28,239 on 12/18/19, as the stock market hit another record high.  The S&P 500 is trying to break through 3,200 but is having some difficulty.  Wall St expects the S&P 500 to hit 3,300 in the 1st quarter next year but I'm starting to become cautious.  Shake Shack (SHAK) dropped into the $58's but then rallied into $60's again.  There doesn't appear to be many sellers left below $60.   Shake Shack (SHAK) below $65 along with TNA below $60 are my top stock picks for 2020.  Buy all you can if these stocks are low!  Check out my Top Stock Picks 2020.  I also updated my Stocks to Watch page.

Check out my Top Penny Stocks 2020 page for my latest penny stock picks.
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