Below is a list of stocks to buy on Tuesday. 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 2017 -
Stocks to Buy 2017 -
Penny Stocks Picks 2016
MGT Capital Investments (MGT) - MGT is one of the top stocks in 2016, Up over 1,000%.
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S&P 500 - After a horrible jobs report, the S&P 500 is trying to break out on Monday. I think it could finally be for real this time. We went up on a horrible jobs report and the looming Fed decision isn't phasing Wall St. All signs point to a 2016 year end close between 2200-2325.
Small Cap Bull 3x (TNA) - TNA is rallying back up near $67. Continue to expect big moves in 2016 and beyond. TNA remains the best trading stock in the market right now.
China 3x Bull ETF (YINN) - YINN is gaining momentum after bottoming below $11. YINN will now have resistance located at $14 going forward.
Shake Shack (SHAK) - Shake Shack (SHAK) is hitting resistance between $37-$38. SHAK will break out one of these quarters and be a darling stock in 2017.
Apple (AAPL) - Apple (AAPL) is having trouble around $100 after bouncing off $90. Apple (AAPL) is now a strong buy below $90. Resistance will be located up at $100.
Tesla (TSLA) - Tesla (TSLA) is now trading back below $220. The stock rallied from $135-$260 a few months ago so profit taking was to be expected. Tesla (TSLA) will now have major support located at $200.
Twitter (TWTR) - Twitter (TWTR) appears to have formed a double bottom in the $14's. Expect some big swings over the next three months followed by a rally into earnings. TWTR is an excellent trading stock.
Chipotle (CMG) - Chipotle (CMG) is pulling back after a strong rally in May. CMG is a good long term buy down here.
Keep an eye on MGT & UNXL which are some of the hottest stocks in 2016 above $2.
Top Stock Gainers 2016
Alexco Resource (AXU) is one of the
Top Performing Penny Stocks in 2016 - Also watch UNXL & GSS.
Stocks to Watch - 6/7/16
Command Security Corp. (MOC)
Vascular Biogenics Ltd. (VBLT)
Warren Resources, Inc. (WRES)
Digital Power Corp. (DPW)
Yingli Green Energy Holding Co. Ltd. (YGE)
Stone Energy Corp. (SGY)
Globalstar Inc. (GSAT)
Amyris, Inc. (AMRS)
Ciber, Inc. (CBR)
Cemtrex Inc. (CETX)
Uranium Energy Corp. (UEC)
Key Energy Services Inc. (KEG)
Neovasc Inc. (NVCN)
Bristow Group, Inc. (BRS)
Bitauto Holdings Limited (BITA)
Triangle Petroleum Corporation (TPLM)