Below is a list of stocks to watch on Friday. These stocks are active and have the potential to break out this week.
Check out my Stock Picks for 2020 - Stocks to Buy 2020 - Best Penny Stocks 2020
Shake Shack (SHAK) - Shake Shack (SHAK) rallied almost 3% on the first trading day of 2020. I have been buying SHAK stock over the past two months and will continue to do so below $65. Long term, I feel SHAK shares will see $100 in 2020. More.....
Small Cap Bull 3x (TNA) - TNA hit a new 52 week high in the $73's last week. Shares continue to rebound and outperform the market but still have a lot of catching up to do. I like TNA below $60 and would rather buy SHAK right now. I plan to sell my TNA at $100.
Bitcoin Trust (GBTC) - GBTC is in a downtrend with the price of Bitcoin. Bitcoin dropped a lot recently but is still up 95% in the past year. The 2020 halving event is 5 months away and we will see Bitcoin surge before and after this event. GBTC is a strong buy below $9.
Tesla (TSLA) - Tesla (TSLA) is trading around $430 and is expensive with downside risk. Given the huge rally, now you understand why I've been so bullish on TSLA over the past four years. Shares are expensive above $400 so be careful.
Apple (AAPL) - Apple (AAPL) finally hit the price target of $300 on Thursday. Shares are somewhat expensive right now so I'd rather buy Amazon (AMZN).
Advanced Micro Devices (AMD), General Electric (GE), and Western Digital (WDC) were the top stock gainers in the S&P 500 on Thursday.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 1/3/20
Inpixon (INPX)
DPW (DPW)
Synthesis Energy Systems (SES)
Pulmatrix (PULM)
Check out my Stock Picks for 2020 - Stocks to Buy 2020 - Best Penny Stocks 2020
Shake Shack (SHAK) - Shake Shack (SHAK) rallied almost 3% on the first trading day of 2020. I have been buying SHAK stock over the past two months and will continue to do so below $65. Long term, I feel SHAK shares will see $100 in 2020. More.....
Small Cap Bull 3x (TNA) - TNA hit a new 52 week high in the $73's last week. Shares continue to rebound and outperform the market but still have a lot of catching up to do. I like TNA below $60 and would rather buy SHAK right now. I plan to sell my TNA at $100.
Bitcoin Trust (GBTC) - GBTC is in a downtrend with the price of Bitcoin. Bitcoin dropped a lot recently but is still up 95% in the past year. The 2020 halving event is 5 months away and we will see Bitcoin surge before and after this event. GBTC is a strong buy below $9.
Tesla (TSLA) - Tesla (TSLA) is trading around $430 and is expensive with downside risk. Given the huge rally, now you understand why I've been so bullish on TSLA over the past four years. Shares are expensive above $400 so be careful.
Apple (AAPL) - Apple (AAPL) finally hit the price target of $300 on Thursday. Shares are somewhat expensive right now so I'd rather buy Amazon (AMZN).
Advanced Micro Devices (AMD), General Electric (GE), and Western Digital (WDC) were the top stock gainers in the S&P 500 on Thursday.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 1/3/20
Inpixon (INPX)
DPW (DPW)
Synthesis Energy Systems (SES)
Pulmatrix (PULM)