Stocks to Watch Wednesday - February 5, 2014

My list of stocks to watch on Wednesday, 2/5/14 -

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

Verso Paper (VRS) - VRS is starting to break out again and is one of the top stocks in 2014.  More.....

Facebook (FB) - FB delivered strong earnings last week and continues to grind higher.  Watch resistance located at $64.

Furiex Pharmaceuticals, Inc. (FURX) - Furiex Pharmaceuticals, Inc. (FURX) exploded 146% on strong IBS data on Tuesday.  Resistance is located between $122-$125.

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 into the $78's on Tuesday ahead of Earnings on Wednesday night.  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.  Also watch TWTR earnings as well.

Noodles & Company (NDLS) - NDLS continues to trade flat ahead of earnings in three weeks.  Watch resistance located at $36.93.  A break above this level should cause a spike.

UVXY & TVIX - these two ETF's rise when there is fear in the market when it's dropping.  These will be great ETF's to short when the stock market rebounds.

Minco Gold (MGH) - MGH is now one of the top penny stocks in 2014.  Resistance is located at $0.57.

Top Gainers Tuesday - FURX LIOX UGAZ QCCO LPHI KORS BOIL NLST HW IDTI

Earnings February 5, 2014 - In the stock picks group, we will be watching key earnings on Wednesday. Yelp (YELP) & Twitter (TWTR) 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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