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Stock Market Closing Report - 12/8/20 December 8, 2020

Monday, October 16, 2017

Dow Jones Close 10/16/17 Stock Market Closing Prices

Stock Market Closing Prices - October 16, 2017

Dow Jones Industrial Average ( DJIA ) Close  - 22956.96 Up 85.24
Nasdaq Stock Market Close - 6624.01 Up 18.20
S&P 500 Close - 2557.64 Up 4.47
http://dowjonesclose.com

Commodities Closing Prices - 10/16/17

Gold Close - 1297
Silver Close - 17.23
Oil Close - 51.86
Natural Gas Close - 2.96

The Dow Jones Industrial Average closed at 22957 on 10/16/17, as the stock market ended higher.  The stock market has been red hot but a major correction can come at any time and has been long overdue.  I just updated my Top Stock Picks 2018.

Shares of Tesla (TSLA) tested $350 as the stock continues to trade in a narrow range.  Tesla is set to dominate the electric vehicle space in a major way.  The next two catalysts are earnings and the semi-truck announcement.  Tesla (TSLA) is the next Apple and shares are a strong buy on all major pullbacks.   China 3x Bull (YINN) and Small Caps 3x Bull (TNA) are also strong buys on all major pullbacks in 2017.

Check out my Top Stocks 2018 page for the latest stock picks

Check out my Top Penny Stocks 2018 page for my latest penny stock picks

Stocks to Buy 10/17/17 October 17, 2017

Stocks to Buy 10/17/17 October 17, 2017 - @stockstobuy - Twitter

Below is a list of stocks to watch on Tuesday.  These stocks are active and have the potential to break out this week.

Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018

Tesla (TSLA) - Tesla (TSLA) is pulling back this week ahead of earnings which is just three week away.  Tesla is working through a tiny setback with the Model 3 right now.  Tesla will be producing 10,000 Model 3 cars per week by the end of 2018 so this tiny glitch has me yawning.

Tesla is the next Apple so all major pullbacks remain a buy, especially below $300.  Tesla (TSLA) will now face heavy resistance around $360.

Intrexon (XON) - Intrexon (XON) dropped back into the $17's this week.  XON has been mentioned as the stock of the decade by early AMZN investor Bill Miller.  XON is a strong buy below $17 and I'd like to buy more around $16 over the next few months.  TSLA was also mentioned as the stock of the decade.

Apple (AAPL) - Apple (AAPL) rebounded back above $155 ahead of earnings season.  I still view this stock as a strong sell above $150 because I feel there are better buys out there.  The size of the company greatly limits upside potential.

Amazon (AMZN) - Shares of AMZN clambed back above $1,000..  AMZN will have support between $930-$950 on any pullback.

Small Cap Bull 3x (TNA) - TNA is trading around $67 and is now up 110% since the election.  I like shares in the $40's for the long term.

Shake Shack (SHAK) - Shake Shack (SHAK) continues to shine into Q3 earnings.  SHAK is a great long term stock to buy below $30!

Chipotle (CMG) - Chipotle (CMG) is now trading back around $315.  I view shares as a strong buy down below $300 but I'd rather own TSLA.

Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Good Stocks 2018

Stocks to Watch - 10/17/17

Recon Technology (RCON)
Transenterix (TRXC)
Leading Brands (LBIX)
Exelixis (EXEL)
Platinum Group (PLG)
Ruby Tuesday (RT)
Net Element (NETE)
Gravity (GRVY)
U S Global (GROW)
Digital Power (DPW)
Ibio (IBIO)
LifeVantage (LFVN)

Hot Stocks - October 16, 2017

Hot Stocks 10/16/17, October 16, 2017

Below is a list of the hottest stocks in the stock market today.  I watch these stocks closely in pre market and then look for good trading opportunities right after the stock market open.  If you are looking for more ideas, check out my stocks to buy 2018 page to see my latest stocks picks.  Or, if you are into penny stocks, take a look at my penny stocks for 2018 article.

Top Stocks Today - 10/16/17 - Pre Market

Leading Brands, Inc. (LBIX) 
- Leading Brands (LBIX) is rising due to a pump and dump scheme.

Exelixis, Inc. (EXEL) -  Exelixis shares surge 19% premarket after FDA grants priority review to kidney cancer drug - https://finance.yahoo.com/m/a5231fc8-5568-3c55-b3e6-8d763318cb30/exelixis-shares-surge-19%25.html

XON HTGM YINN are all Stocks to Watch in 2017

Other Pre Market Gainers  - CARA HIIQ

For more hot stocks throughout the trading day, view Today's Biggest Gainers
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