Below is a list of stocks to buy on Friday. 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 - The S&P 500 continues to break out to the upside and is now trying to form a base above 2100. While we are due for a minor pullback, all signs point to a 2016 year end close between 2200-2325.
Small Cap Bull 3x (TNA) - TNA rallied over $70 on Wednesday and is pulling back slightly. Continue to expect big moves in 2016 and beyond. TNA remains the best trading stock in the market right now. My $70 2016 price target has been met.
Biostar Pharmaceuticals, Inc. (BSPM) - Biostar Pharmaceuticals, Inc. (BSPM) has been a red hot biotech stock this week with shares jumping over 300%. BSPM should continue to be watched over the next few days.
Tesla (TSLA) - Tesla (TSLA) is now trading back near $235 after getting a key endorsement from Ron Barron -
http://finance.yahoo.com/video/ron-baron-two-stocks-working-110800232.html - Tesla (TSLA) is a strong buy below $200 going forward.
China 3x Bull ETF (YINN) - YINN is now back trading below $15 after a huge move from $11. YINN will now have resistance located at $16.30 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.
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 - 6/10/16
Jaguar Animal Health, Inc. (JAGX)
Bellerophon Therapeutics, Inc. (BLPH)
Staffing 360 Solutions, Inc. (STAF)
New Concept Energy, Inc. (GBR)
Ceres, Inc. (CERE)
Triangle Petroleum Corporation (TPLM)
Immune Pharmaceuticals, Inc. (IMNP)
Uranium Resources, Inc. (URRE)
Acura Pharmaceuticals, Inc. (ACUR)
