Dow Jones Futures 7/9/20 July 9, 2020

Stock Market Futures for 7/9/20 July 9, 2020 - Twitter @StocksToBuy

The Dow Jones and Stock Market are volatile after Covid-19 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 

Stock Market Futures - July 9, 2020

Dow Jones Futures - Down 25
S&P 500 Futures  - Up 1
NASDAQ Futures - Up 56
Bitcoin Price - 9,387
Gold Futures - 1823
Silver Futures - 19.43
Oil Futures - 40.75

Asian Markets ( Nikkei ) - 22,529

Dow Jones Futures - Tomorrow

Stock Ideas 2021 - Top 10 Penny Stocks to Buy

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Dow Jones Close 7/8/20 Stock Market Closing Prices

Stock Market Closing Prices - July 8, 2020 - http://stockstobuy.org

Dow Jones Industrial Average ( DJIA ) Close - 26,067.28 Up 177.10
Nasdaq Stock Market Close - 10,492.50 Up 148.61
S&P 500 Close - 3,169.94 Up 24.62
Bitcoin Price - 9,435
Tesla (TSLA) Stock Closing Price - $1365
http://dowjonesclose.com

Twitter - @StocksToBuy

Commodities Closing Prices - 7/8/20
Gold Close - 1819
Silver Close - 19.15

Oil Close - 40.88
Natural Gas Close - 1.83

The Dow Jones Industrial Average closed at 26,067 on 7/8/20, as the stock market rebounded.  Tesla (TSLA) saw a slight pullback but could easily see a new record high into earnings.  Bitcoin is also trending higher so keep an eye on GBTC.  I currently own Tesla (TSLA), Beyond Meat (BYND), Grayscale Bitcoin Trust (GBTC), Virgin Galactic (SPCE), and Hyliion (SHLL > HYLN).  Check out my Top Stock Picks 2021. 

Check out my Top Penny Stocks 2021 page for my latest penny stock picks.

Stocks to Buy 7/9/20 July 9, 2020

July 9, 2020 - The stock market has been trending up again as we get ready for earnings season.  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.

Follow Me on Twitter - @StocksToBuy

Tesla (TSLA) - Tesla (TSLA) continues to hover around $1,400 as Wall St price targets continue to be upgraded.  Tesla stock has exploded in recent weeks and the rally has been warranted based on the results from Thursday.  Tesla (TSLA) should be included in the S&P 500 soon and I'm expecting shares to hit $1800 at some point in 2021.  More on TSLA....

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about three months.  I purchased this stock around $18 last week as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's on last Monday and started buying those back to hold into the HYLN IPO.

Beyond Meat (BYND) - Beyond Meat (BYND) is now trading around $140 after a big rally last week.  While my $150 price target has been met, I will be looking to add more stock on a drop below $130.  All eyes will be on earnings in four weeks.   More on BYND.....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) is back trading around $16.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to sub-orbit.  SPCE is a strong buy below $15 for the long term.

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

nCino (NCNO) - nCino (NCNO) will likely be the next big IPO in the stock market.  Expected to open for trading next week - https://daytradingstockblog.blogspot.com/2020/07/ncino-ncno-stock-ipo-cloud-software-for.html

Other stocks to buy and hold for the long term - Slack (WORK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Disney (DIS), Netflix (NFLX).

Check out my Top Stocks 2021

nCino (NCNO) Stock IPO - Cloud Software for Banks

July 8, 2020 - Cloud Software Technology company nCino plans to IPO next week under the ticker symbol "NCNO."  NCNO stock should be hot as the company is growing fast and only releasing a limited amount of shares during the initial public offering.  I'm expecting NCNO shares to open for trading on July 16 or July 17.  This IPO date could change so stay tuned....

nCino is a leading global provider of cloud-based software for financial institutions. nCino empowers banks and credit unions with the technology they need to meet ever-changing client expectations and regulatory requirements, gain increased visibility into their operations and performance, replace legacy systems, and operate digitally and more competitively. Their solution, the nCino Bank Operating System, digitizes, automates and streamlines inefficient and complex processes and workflow, and utilizes data analytics and artificial intelligence and machine learning (“AI/ML”) to enable financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit and other accounts and manage regulatory compliance. They serve financial institution customers of all sizes and complexities, including global financial institutions, enterprise banks, regional banks, community banks, credit unions and new market entrants, such as challenger banks. nCino customers deploy and utilize our digital platform, which can be accessed anytime, anywhere and from any internet-enabled device, for mission critical functions across their organizations.

nCino IPO Details:

IPO Price Range: $26-$28  (Company says $24 but this will rise)
Float Shares: 8,768,750 Million after underwriters purchase 1.15 million shares
Total Shares Outstanding: 89,208,127 shares (or 90,351,877 shares if the underwriters exercise)
2019 Sales vs 2018 Sales:  91.5 Million vs 58.14 Million
Projected 2020 Sales: 138.2 Million

Based on the details above, nCino (NCNO) is growing fast and there is a limited supply of stock hitting the market.  I will be looking to buy for a trade when it first opens.