Below is a list of stocks to buy on Wednesday. These stocks are active and have the potential to break out this week. For more in-depth ideas, join my trading group -
Stock Picks Group
Check out my Stock Picks for 2016 -
Stocks to Buy 2016 -
Penny Stocks Picks 2016
Direxion Daily S&P Biotech Bear 3X Shares (LABD) - LABD is one of the top stocks in 2016, Up over 35%.
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Small Cap Bull 3x (TNA) - TNA rebounded from the $47's to the $51's Monday and Tuesday. Expect wild $5-$10 swings up and down in 2016 as these types of big moves will be very common this year. Buy TNA when it crashes, sell on the way up. TNA is my top stock to trade in 2016.
ProShares Ultra VIX Short-Term Futures (UVXY) - UVXY is rising as the stock market tanks in 2016. UVXY is a good stock to own only when the market is dropping. Sell when it spikes or hold to hedge stock market long ETF's.
Shake Shack (SHAK) - Shake Shack (SHAK) was flat on Tuesday as small caps continue to crash. SHAK is now a great buy for a trade but don't forget to sell on the way up like before. I'm still expecting a pre earnings rally.
Twitter (TWTR) - Twitter (TWTR) is now trying to form a base below $20. All eyes will be on the next earnings report and if they do well, we could see a massive rebound.
China Bull 3x (YINN) - YINN continues to drop with the global stock markets. Buy YINN below $10 for the long term.
Chipotle (CMG) - CMG continues to tank due to market volatility and the E.Coli news. CMG is a buy below $450.
Apple (AAPL) - Apple (AAPL) is back trading in the high $90's. This stock is a great buy right now and should give you strong returns in 2016. AAPL should hit $115-$120 again in 2016.
Tesla (TSLA) - Tesla (TSLA) rebounded back above $210 on Tuesday. TSLA is a buy below $200 if we see another big correction.
Keep an eye on LABD & OPHC which are some of the hottest stocks in 2016 above $2.
Top Stock Gainers 2016
Sgoco Group (SGOC) is one of the
Top Performing Penny Stocks in 2016 - Also watch SSN & UNIS.
Stocks to Watch - 1/13/16
VirnetX Holding Corp (VHC)
Recon Technology, Ltd. (RCON)
Silicon Graphics International Corp. (SGI)
Super Micro Computer, Inc. (SMCI)
Intrawest Resorts Holdings, Inc. (SNOW)
PetroQuest Energy Inc. (PQ)
Biocept, Inc. (BIOC)
Ultra Clean Holdings Inc. (UCTT)
LightPath Technologies, Inc. (LPTH)
BioLineRx, Ltd. (BLRX)
Apollo Education Group, Inc. (APOL)
TimkenSteel Corporation (TMST)
Del Taco Restaurants, Inc. (TACO)
Agios Pharmaceuticals, Inc. (AGIO)
bluebird bio, Inc. (BLUE)
Rose Rock Midstream, L.P. (RRMS)
ContraVir Pharmaceuticals, Inc. (CTRV)
Digimarc Corporation (DMRC)
BioScrip, Inc. (BIOS)
VelocityShares 3x Inv Natural Gas ETN (DGAZ)
BioScrip, Inc. (BIOS)
VelocityShares 3x Inv Natural Gas ETN (DGAZ)