Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

Stock Market Closing Report - 12/8/20 December 8, 2020

Tuesday, June 23, 2020

Dow Jones Futures 6/24/20 June 24, 2020

Stock Market Futures for 6/24/20 June 24, 2020 - Twitter @StocksToBuy

The Dow Jones and Stock Market are volatile after Covid-19 caused the market to crash.  Will the stock market go up or down on Wednesday?  Keep tabs on the stock market futures which will predict the open on Wednesday.  If you invest or trade stocks, check out the links below to view my stocks picks for 2021.


Stock Market Futures - June 24, 2020

Dow Jones Futures - Down 267
S&P 500 Futures  - Down 29
NASDAQ Futures - Down 59
Bitcoin Price - 9,501
Gold Futures - 1795
Silver Futures - 18.09
Oil Futures - 39.79
Asian Markets ( Nikkei ) - 22,534
Dow Jones Futures - Tomorrow

Dow Jones Close 6/23/20 Stock Market Closing Prices

Stock Market Closing Prices - June 23, 2020 - http://stockstobuy.org

Dow Jones Industrial Average ( DJIA ) Close - 26,156.10 Up 131.14
Nasdaq Stock Market Close - 10,131.37 Up 74.90
S&P 500 Close - 3,131.29 Up 13.43
Bitcoin Price - 9,700
Tesla (TSLA) Stock Closing Price - $1001
http://dowjonesclose.com
Twitter - @StocksToBuy

Commodities Closing Prices - 6/23/20
Gold Close - 1785
Silver Close - 18.10
Oil Close - 40.46
Natural Gas Close - 1.63

The Dow Jones Industrial Average closed at 26,156 on 6/23/20, as the stock market ended green.  The stock market was down overnight but rallied into the green by Tuesday's open.  The Dow Jones will have major support between 24,500-25,000 going forward so buy good stocks when the market drops into this range.  As for my long term investments, I own Tesla (TSLA), Beyond Meat (BYND), Grayscale Bitcoin Trust (GBTC), Virgin Galactic (SPCE), and soon to be Mullen USA (NETE).  Check out my Top Stock Picks 2021

Check out my Top Penny Stocks 2021 page for my latest penny stock picks.

Jim Chanos Still Short Tesla (TSLA) Stock

Short seller Jim Chanos, who shorted Tesla (TSLA) in the $200's back in 2015, announced yesterday he is still short the stock even after a 330% rally.  Chanos continues to value the company as a traditional auto maker, not a technology company.

In an interview with Bloomberg yesterday, Jim Chanos said that Q2 revenue will be roughly flat and there was no growth for the past six quarters.  He forgot to mention that the Fremont plant was shut down for two months and 90% of the other NASDAQ companies were affected by Covid-19 as well.  Wall St. always looks into the future and believes many companies will see a rebound in business in 2021.

Here is the interview - https://youtu.be/2CyMubVfsDc?t=369

Here is what he said back in 2018 - https://www.cnbc.com/video/2018/08/07/tesla-short-seller-chanos.html

Tesla (TSLA) stock has made a lot of smart investors look very stupid.  David Einhorn has also shorted Tesla in the $200's and remains short.  Just wait until Tesla starts production of the Semi and Cybertruck.  Wedbush came out with a note yesterday and stated they believe Tesla has 650,000 pre-orders for the Cybertruck.  2021-2022 will be very interesting!




Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here