Sanmina (SANM) Stock Jumps 25% in 2019

Sanmina (SANM) Stock is surging in after hours tonight after the company reported earnings and raised guidance.

Sanmina (SANM) reported $0.83 vs $0.71 per share and raised guidance to $0.70-$0.80 from $0.60 expected.

 "We delivered revenue of $2.19 billion, up 16.6 percent sequentially, operating margin expanded 80 basis points from last quarter to 3.9 percent and earnings per share were up 40 percent to $0.83 compared to the prior quarter. Our first quarter financial performance reflects solid momentum across all of our end-markets," stated Michael Clarke, Chief Executive Officer.

https://finance.yahoo.com/news/sanmina-reports-first-quarter-financial-210200304.html

Dow Jones Close 1/28/19 Stock Market Closing Prices

Stock Market Closing Prices - January 28, 2019

Dow Jones Industrial Average ( DJIA ) Close - 24,527.27 Down 209.93
Nasdaq Stock Market Close - 7,085.69 Down 79.17
S&P 500 Close - 2,643.83 Down 20.93
http://dowjonesclose.com

Commodities Closing Prices - 1/28/19
Bitcoin Close - 3421
Gold Close - 1302
Silver Close - 15.76

Oil Close - 52.17
Natural Gas Close - 2.91

The Dow Jones Industrial Average closed at 24,477 on 1/28/19, as the stock market dropped to do weak oil prices.  We also received worse than expected earnings from Caterpillar (CAT) and NVIDIA (NVDA).  All eyes will be on Apple (AAPL) earnings tomorrow.  TNA remains a strong buy because I see the stock market hitting new highs by the end of 2019.  Check out my Top Stock Picks 2019.

Check out my Top Penny Stocks 2019 page for my latest penny stock picks,

Stocks to Buy 1/29/19 January 29, 2019

Stocks to Buy 1/29/19 January 29, 2019 - @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 2018 - Stocks to Buy 2019 - Best Penny Stocks 2019

Tesla (TSLA) - Tesla (TSLA) is back trading near $300 after falling into the $270's last week.  Tesla will deliver earnings on Wednesday and there are many positive catalysts.  Resistance is located around $308 going forward.  I'm expecting TSLA stock to trade in the $400's in 2019.

Small Cap Bull 3x (TNA) - TNA is up 50% since the December stock market drop.  I bought a ton of TNA during this period and plan to sell above $100 in the coming years.

Bitcoin Trust (GBTC) - GBTC has been trading in the $4's for the last 30 days or so.  GBTC should be accumulated here because I don't see Bitcoin going much lower.

Apple (AAPL) - Apple (AAPL) is back above $155 ahead of earnings.  Apple is a super strong buy below $150 for the rest of 2019.

Amazon (AMZN) - Shares of AMZN bounced nicely but are now seeing a pullback.  AMZN will have support at $1500 on a larger correction.

Shake Shack (SHAK) - Shake Shack (SHAK) is soaring back above $50.  SHAK remains a strong buy near $45 for the long term.

Today's Biggest Stock Gainers

Stocks to Watch - 1/29/19

Trevena (TRVN)
Avalon Globocare (AVCO)
Milestone Scientific (MLSS)
Babcock & Wilcox (BW)
Cool Holdings (AWSM)
Comstock Mining (LODE)
Versum Materials (VSM)

Investors Selling Bitcoin to Buy Gold in 2019

Last year was a horrible year for Cryptocurrencies such as Bitcoin. However, as we enter 2019, one of the most bullish signals I’m seeing currently is that the data is showing that investors are fleeing Bitcoin for Gold.

Leading up to the the peak Bitcoin bubble in 2017, we saw just the opposite as investors plowed money into the crypto space and out of Gold.

Nobody knows where the Bitcoin bottom will be in 2019 but the cryptocurrency is never going away.  Many smart people such as Jack Dorsey of Twitter, Christine Lagarde of the IMF, and now the CEO if NASDAQ are saying Bitcoin will be a powerful force in the future.  Dorsey says Bitcoin will be the global currency of choice one day.

Stocks to Buy 2019

https://www.cnbc.com/2019/01/26/bitcoin-investors-are-running-from-crypto-to-invest-in-this-commodity.html