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Thursday, January 30, 2014

Stocks to Watch Friday - January 31, 2014

My list of stocks to watch on Friday, 1/31/14 -

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

Plug Power (PLUG) - PLUG finally broke resistance this week and is one of the top stocks in 2014.  More.....

Facebook (FB) - FB delivered strong earnings this week and hit a fresh all time high Thursday.  Watch resistance located at $62.50 and $64..

Direxion Daily Small Cap Bull 3X Shares (TNA) - TNA is a great stock to buy during a stock market correction because it trades with the market.  When you think the stock market is oversold and about to bounce, buy TNA and ride it back up.

Yelp (YELP) - YELP rallied back to $76 resistance on Thursday.  YELP will continue to be a great trading stock but all eyes will be on earnings on February 5, 2014.  For an investment, buy YELP between $67-$70.

Dicerna Pharmaceuticals, Inc. (DRNA) - DRNA was the hot IPO on Thursday.  DRNA opened at $31, hit $35, dropped to $29, and then rallied up above $40.  Expect large swings over the next week.

Minco Gold (MGH) - MGH is now one of the top penny stocks in 2014.  Resistance is located at $0.45.


Earnings January 30, 2014 - In the stock picks group, we will be watching key earnings on Thursday. Google (GOOG), Chipotle (CMG), and Amazon (AMZN) will be releasing critical earnings reports.  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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