April 8, 2020 - The S&P 500 has rallied back up near 2,800 before the pullback yesterday. The stock market has seen massive panic and selling around news of the Coronavirus appears as though it will peak next week. Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.
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Direxion S&P 500 Bull 3x (SPXL) - SPXL is the S&P 500 on steroids so if you are bullish on the stock market long term, this is the ETF for you. SPXL recently dropped from $76 to $19 and has since rallied back above $30. I could see SPXL hitting $45-$50 in late 2020.
Tesla (TSLA) - Tesla (TSLA) recently rallied back up near $600. Like every other stock out there, Tesla shares are still down a lot. However, this is one of the best companies to own when we get out of this mess. Tesla will not go bankrupt so that is one less worry vs a year or two ago.
Beyond Meat (BYND) - Beyond Meat (BYND) is still up above 50% from the low. BYND shares will soar in the 2nd half of 2020 as they continue to expand. Buy BYND below $60 and hold for 5-10 years.
Disney (DIS) - The Disney brand has never been better and now they have Disney +. DIS stock has dropped from $147 to $85 but has since closed back above $100. Disney will snap back later in 2020 so this stock remains a strong long term buy and hold.
Grayscale Bitcoin Trust (GBTC) - The printing presses are getting ready to go into overdrive. When we come out of the this disaster, Bitcoin is going to soar. GBTC is cheap and can easily rally from $7-$20 in the next year.
Other stocks to buy and hold for the long term - Amazon (AMZN), Slack (WORK), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL).
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Potential Breakout Stocks of the Day:
Tuesday, April 7, 2020
Dow Jones Futures 4/8/20 April 8, 2020
Stock Market Futures for 4/8/20 April 8, 2020 - Twitter @StocksToBuy
The Dow Jones and Stock Market are in crash mode due to the Coronavirus. Will the stock market go up or down on Wednesday? Keep tabs on the stock market futures which will predict the open on Wednesday. If you invest or trade stocks, check out the links below to view my stocks picks for 2020.
Check out my Top Stocks Picks 2021 - Top Penny Stocks 2021 - Coronavirus Stocks 2020
Stock Market Futures - April 8, 2020
Dow Jones Futures - Up 56
S&P 500 Futures - Up 5
NASDAQ Futures - Up 20
Bitcoin Price - 7,255
Gold Futures - 1688
Silver Futures - 15.34
Oil Futures - 24.45
S&P 500 Futures - Up 5
NASDAQ Futures - Up 20
Bitcoin Price - 7,255
Gold Futures - 1688
Silver Futures - 15.34
Oil Futures - 24.45
Asian Markets ( Nikkei ) - 19,353
Dow Jones Futures - Tomorrow
Dow Jones Close 4/7/20 Stock Market Closing Prices
Stock Market Closing Prices - April 7, 2020
Dow Jones Industrial Average ( DJIA ) Close - 22,653.86 Down 26.13
Nasdaq Stock Market Close - 7,887.26 Down 25.98
S&P 500 Close - 2,659.41 Down 4.27
Bitcoin Price - 7,200
http://dowjonesclose.com
The Dow Jones Industrial Average closed at 22,654 on 4/7/20, as the stock market gapped up but filled that gap late in the day. We are finally seeing the rate of new cases slow in spots which is bullish signal for the stock market. Bitcoin remains very strong into the halving event in May. As for my long term investments, I own Tesla (TSLA), Beyond Meat (BYND), Grayscale Bitcoin Trust (GBTC), and S&P 500 Bull 3x (SPXL). Check out my Top Stock Picks 2021. I also updated my Coronavirus Stocks page.
Check out my Top Penny Stocks 2021 page for my latest penny stock picks.
Dow Jones Industrial Average ( DJIA ) Close - 22,653.86 Down 26.13
Nasdaq Stock Market Close - 7,887.26 Down 25.98
S&P 500 Close - 2,659.41 Down 4.27
Bitcoin Price - 7,200
http://dowjonesclose.com
Oil Close - 24.09
Natural Gas Close - 1.87
Natural Gas Close - 1.87
The Dow Jones Industrial Average closed at 22,654 on 4/7/20, as the stock market gapped up but filled that gap late in the day. We are finally seeing the rate of new cases slow in spots which is bullish signal for the stock market. Bitcoin remains very strong into the halving event in May. As for my long term investments, I own Tesla (TSLA), Beyond Meat (BYND), Grayscale Bitcoin Trust (GBTC), and S&P 500 Bull 3x (SPXL). Check out my Top Stock Picks 2021. I also updated my Coronavirus Stocks page.
Check out my Top Penny Stocks 2021 page for my latest penny stock picks.
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