Stocks to Buy 4/16/20 April 16, 2020

April 16, 2020 - The stock market dropped Wednesday but Tesla rallied again.  The futures are pointing up slightly for Thursday but we'll get a better picture in the morning.  The stock market has seen a really nice recovery as we get ready to the U.S to open back up in May.  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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Tesla (TSLA) - Tesla (TSLA) shares skyrocketed back to $750 on Wednesday after a Goldman Sachs price target of $864.  The company is getting ready to report earnings next week, open Fremont back up on May 4th, and have their battery event at the end of May.  TSLA is a strong buy in the $500's if we ever see another dip.

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.

Beyond Meat (BYND) - Beyond Meat (BYND) rallied up to $83 this week but has seen a sharp pullback.  BYND shares will soar in the 2nd half of 2020 as they continue to expand.  Buy BYND below $70 and hold for 5-10 years.

Amazon (AMZN) - Amazon (AMZN) continues to see huge business during this crisis as shoppers order online.  Q1 should come in way better than expected.

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 - Slack (WORK), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Disney (DIS), Netflix (NFLX).

Check out my Top Stocks 2021

Dow Jones Futures 4/16/20 April 16, 2020

Stock Market Futures for 4/16/20 April 16, 2020 - Twitter @StocksToBuy

The Dow Jones and Stock Market are in recovery mode after the Coronavirus caused the market to crash.  Will the stock market go up or down on Thursday?  Keep tabs on the stock market futures which will predict the open on Thursday.  If you invest or trade stocks, check out the links below to view my stocks picks for 2021.

Check out my Top Stocks Picks 2021 - Top Penny Stocks 2021 - Coronavirus Stocks 2020

Stock Market Futures - April 16, 2020

Dow Jones Futures - Up 82
S&P 500 Futures  - Up 13
NASDAQ Futures - Up 70
Bitcoin Price - 7,052
Gold Futures - 1753
Silver Futures - 15.77
Oil Futures - 20.29

Asian Markets ( Nikkei ) - 19,290

Dow Jones Futures - Tomorrow

Stock Ideas 2021 - Top 10 Penny Stocks to Buy

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Dow Jones Close 4/15/20 Stock Market Closing Prices

Stock Market Closing Prices - April 15, 2020

Dow Jones Industrial Average ( DJIA ) Close - 23,504.35 Down 445.41
Nasdaq Stock Market Close - 8,591.96 Down 100.20
S&P 500 Close - 2,783.36 Down 62.70
Tesla (TSLA) Stock Closing Price - $729
Bitcoin Price - 6,755
http://dowjonesclose.com

Twitter - @StocksToBuy

Commodities Closing Prices - 4/15/20
Gold Close - 1746
Silver Close - 15.63

Oil Close - 20.06
Natural Gas Close - 1.59

The Dow Jones Industrial Average closed at 23,504 on 4/15/20, as the stock market declined.  Shares of Tesla (TSLA) rallied up near $740 as shareholders get ready for a grand reopening of the Fremont plant on May 4th.  As for the stock market, he Dow Jones will see major resistance between 24,000-25,000.  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.