Stocks to Buy 5/1/20 May 1, 2020

May 1, 2020 - The stock market soared last month but the futures are pointing up ahead of Tuesday's open.  The stock market has seen a really nice recovery as we get ready for 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) hit $886 after earnings but then profit takers finally came in.  The stock has seen a massive run from $350 to almost $900 and will now form a base before the next run.  I plan to buy more near $700.

Beyond Meat (BYND) - Beyond Meat (BYND) skyrocketed to $116 but then dropped below $100.  BYND shares remain a strong buy on all major pullbacks and I love this stock long term.  Earnings are due out on May 5th

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 $37.  I could see SPXL hitting $45-$50 in late 2020.

Amazon (AMZN) - Amazon (AMZN) continues to see huge business during this crisis as shoppers order online.  Buy shares on a dip below $2000.

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 5/1/20 May 1, 2020

Stock Market Futures for 5/1/20 May 1, 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 Friday?  Keep tabs on the stock market futures which will predict the open on Friday.  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 - May 1, 2020

Dow Jones Futures - Down 430
S&P 500 Futures  - Down 56
NASDAQ Futures - Down 216
Bitcoin Price - 8,850
Gold Futures - 1682
Silver Futures - 14.94
Oil Futures - 18.41

Asian Markets ( Nikkei ) - 20,194

Dow Jones Futures - Tomorrow

Stock Ideas 2021 - Top 10 Penny Stocks to Buy

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Dow Jones Close 4/30/20 Stock Market Closing Prices

Stock Market Closing Prices - April 30, 2020

Dow Jones Industrial Average ( DJIA ) Close - 24,374 Down 260
Nasdaq Stock Market Close - 8,878 Down 37
S&P 500 Close - 2,913 Down 27
Tesla (TSLA) Stock Closing Price - $782
Bitcoin Price - 8,850
http://dowjonesclose.com

Twitter - @StocksToBuy

Commodities Closing Prices - 4/30/20
Gold Close - 1694
Silver Close - 15.11

Oil Close - 18.62
Natural Gas Close - 1.94

The Dow Jones Industrial Average closed at 24,374 on 4/30/20, as the stock market finally pulled back.  The stock market has been bouncing as the USA starts reopening.  Tesla (TSLA) reported strong earnings and shares finally dropped.  Last night in after market, shares hit $886 before pulling back this morning.  Bitcoin soared over $9,000 before seeing a correction late in the day.  As for the stock market, the Dow Jones will see major resistance between 24,000-25,000.  As for my long term investments, I own Tesla (TSLA), Beyond Meat (BYND), and Grayscale Bitcoin Trust (GBTC).  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.