Below we will be discussing BAC, NFLX, RIMM, INTC, AGQ
Bank of America Corp (BAC) - Bank of America Corp (BAC) jumped 24% before pulling back under $8 after Warren Buffett invested in the company. BAC has support at $7.00 going forward. BAC will now have resistance up around $8.80. BAC is a buy below $7.00. Dick Bove said on CNBC that he's not buying stocks yet but if he was, he'd buy Bank of America. Donald Trump recently bought BAC stock as well.
Netflix Inc. (NFLX) - Netflix Inc. (NFLX) rallied back to $220 on Thursday. NFLX stock will have resistance located at $220. NFLX will have support down at $200. NFLX is a light buy here below $210. If NFLX dropped below $200, the stock becomes a strong buy.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) hit $29.60 on Thursday. RIMM will have support down at $24. RIMM will have resistance located at $30. The only reason I'd buy RIMM right now would be as a takeover target.
Intel Corporation (INTC) - Intel Corporation (INTC) is trading back below $20. INTC will have resistance located at $21.20. Intel remains a strong buy below $21. INTC has support down at $19.00 right now.
ProShares Ultra Silver (AGQ) - ProShares Ultra Silver (AGQ) rallied back up on Thursday as silver was strong. After holding $150 in July, AGQ hit $250 this week which is a huge gain. If you are looking to buy silver, AGQ is the way to do it.
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