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
Harmony Gold (HMY) - HMY is one of the top stocks in 2016, Up over 150%.
See More.....
Groupon (GRPN) - Groupon (GRPN) popped again Tuesday this time after Alibaba (BABA) bought 33 million shares of the company. GRPN will face resistance up between $4-$4.13 over the next few weeks.
Small Cap Bull 3x (TNA) - TNA continues to soar after bouncing hard off $35.50. 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 continues to be volatile with the stock market. UVXY is a good ETF 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) is trading around $34 right now. SHAK will continue to face resistance in the $38's.
Twitter (TWTR) - Twitter (TWTR) surged over $16 Tuesday but then sold off. TWTR will have resistance up between $17-$19 going forward.
Chipotle (CMG) - Chipotle (CMG) rebounded back to $480. Shares are now a strong buy below $440.
Apple (AAPL) - Apple (AAPL) continues to hold the low to mid $90's as the stock market crashes. 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) rallied back up near $160 on Tuesday. TSLA is a strong buy below $140.
Keep an eye on HMY & VHC which are some of the hottest stocks in 2016 above $2.
Top Stock Gainers 2016
NXT-ID (NXTD) is one of the
Top Performing Penny Stocks in 2016 - Also watch MPET & NXTD.
Stocks to Watch - 2/17/16
The ADT Corporation (ADT)
Platinum Group Metals Ltd. (PLG)
JP Energy Partners LP (JPEP)
China Automotive Systems Inc. (CAAS)
CTI BioPharma Corp. (CTIC)
Mines Management, Inc. (MGN)
Groupon, Inc. (GRPN)
Sonus Networks, Inc. (SONS)
Seventy Seven Energy Inc. (SSE)
Electromed, Inc. (ELMD)
Direxion Daily Gold Miners Bear 3X ETF (DUST)
Cellectis S.A. (CLLS)
Canadian Solar Inc. (CSIQ)
Helix Energy Solutions Group, Inc. (HLX)
ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS)
Argos Therapeutics, Inc. (ARGS)
JinkoSolar Holding Co., Ltd. (JKS)
Direxion Daily Jr Gold Miners Bear 3X ETF (JDST)
Bristow Group, Inc. (BRS)
LPL Financial Holdings Inc. (LPLA)
Direxion Daily CSI 300 China A Shares Br 2X ETF (CHAU)
Yirendai Ltd. (YRD)
Gevo, Inc. (GEVO)
VelocityShares 3x Inv Natural Gas ETN (DGAZ)