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Monday, May 5, 2014

Stocks to Watch Tuesday - May 6, 2014

My list of stocks to watch on Tuesday, 5/6/14 -

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

BioFuel Energy (BIOF) - BIOF is one of the top stocks in 2014, Up over 350%.  More.....

Hyperdynamics (HDY) - Hyperdynamics Corporation (HDY) jumped over 150% on Monday after the company released the news below.  Keep you are in this stock, keep a tight stop because this company is almost worthless - Hyperdynamics Announces Lifting of Declaration of Force Majeure by Tullow - http://finance.yahoo.com/news/hyperdynamics-announces-lifting-declaration-force-100000042.html

Yelp (YELP) - YELP rallied from $57.10 to $60.50 on Monday, another big move.  Support is located at $57.10 for the rest of the week.

Twitter (TWTR) - Shares of Twitter (TWTR) rallied back above $39 on Monday ahead of the lock up on Tuesday night.  Support is now located at $37.24 which must hold going forward.

Merrimack Pharmaceuticals, Inc. (MACK) - Merrimack Pharmaceuticals, Inc. (MACK) exploded Monday afternoon and the stock traded above $7.  Watch resistance located at $7.65 for the rest of the week.

Magnegas Corporation (MNGA) - MNGA is now one of the top penny stocks in 2014.  Resistance is located at $1.35.

Top Gainers Monday - HDY CDZI ARTX CMGE WAVX EMAN SWSH MDCI BEAV FCSC MITK

Earnings May 6, 2014 - In the stock picks group, we will be watching key earnings on Tuesday.
FireEye (FEYE) will be releasing a critical earnings report.  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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