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 200%.
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ION Geophysical Corporation (IO) - ION Geophysical Corporation (IO) exploded higher Tuesday as it appears the company is getting serious about reducing their debt. IO will have resistance up at $4.89.
Small Cap Bull 3x (TNA) - TNA continues this explosive rebound off the lows; shares are now up $13. 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 slowly declining as the stock market rebounds. 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) hit a double top in the $42's. SHAK will have major resistance in the low $40's going forward.
Twitter (TWTR) - Twitter (TWTR) is now having major problems in the $18's. TWTR will have resistance up between $17-$19 going forward.
Chipotle (CMG) - Chipotle (CMG) is seeing a nice rebound. Shares are now a strong buy below $450.
Apple (AAPL) - Apple (AAPL) is starting to trend back up into 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) continues to surge and has now rallied from $135-$197. TSLA is a strong buy below $150 if we ever see that happen again.
Keep an eye on HMY & NUGT 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 AUMN & GSS.
Stocks to Watch - 3/2/16
ION Geophysical Corporation (IO)
California Resources Corporation (CRC)
Career Education Corp. (CECO)
Apigee Corporation (APIC)
American Public Education, Inc. (APEI)
WPCS International Incorporated (WPCS)
Mesoblast Limited (MESO)
Ultrapetrol (Bahamas) Ltd. (ULTR)
Tutor Perini Corporation (TPC)
Forbes Energy Services Ltd. (FES)
Fox Factory Holding Corp (FOXF)
InVivo Therapeutics Holdings Corp. (NVIV)
NanoString Technologies, Inc. (NSTG)
Fusion Telecommunications International, Inc. (FSNN)
Republic Airways Holdings Inc. (RJET)
Press Ganey Holdings, Inc. (PGND)
Carmike Cinemas Inc. (CKEC)
LSB Industries Inc. (LXU)
Mitek Systems, Inc. (MITK)
Hertz Global Holdings, Inc. (HTZ)
Merrimack Pharmaceuticals, Inc. (MACK)
TrueCar, Inc. (TRUE)
Archrock, Inc. (AROC)
Exelixis, Inc. (EXEL)
Direxion Daily India Bull 3X ETF (INDL)
Aegion Corporation (AEGN)
Workday, Inc. (WDAY)
Teekay Offshore Partners LP (TOO)
Stratasys Ltd. (SSYS)
Cenveo Inc. (CVO)
Cesca Therapeutics Inc. (KOOL)
