Dow Jones Futures 7/13/20 July 13, 2020

Stock Market Futures for 7/13/20 July 13, 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 Monday?  Keep tabs on the stock market futures which will predict the open on Monday.  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 13, 2020

Dow Jones Futures - Up 167
S&P 500 Futures  - Up 16
NASDAQ Futures - Up 76
Bitcoin Price - 9,290
Gold Futures - 1812
Silver Futures - 19.47
Oil Futures - 39.77

Asian Markets ( Nikkei ) - 22,784

Dow Jones Futures - Tomorrow

Stock Ideas 2021 - Top 10 Penny Stocks to Buy

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Dow Jones Close 7/10/20 Stock Market Closing Prices

Stock Market Closing Prices - July 10, 2020 - http://stockstobuy.org

Dow Jones Industrial Average ( DJIA ) Close - 26,075.30 Up 369.21
Nasdaq Stock Market Close - 10,617.44 Up 69.69
S&P 500 Close - 3,185.04 Up 32.99
Bitcoin Price - 9,240
Tesla (TSLA) Stock Closing Price - $1546
http://dowjonesclose.com

Twitter - @StocksToBuy

Commodities Closing Prices - 7/10/20
Gold Close - 1803
Silver Close - 19.08

Oil Close - 40.44
Natural Gas Close - 1.82

The Dow Jones Industrial Average closed at 26,075 on 7/10/20, as the stock market surged higher.  Tesla (TSLA) rallied to another record high of $1548 as the company gets set to report earnings on July 22nd.  Virgin Galactic (SPCE) stock broke out of a trading range and looks poised to break above $20 soon.  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.

Buy SPCE Stock? Virgin Galactic is red hot!

July 10, 2020 - Should I buy Virgin Galactic (SPCE) stock?  Virgin Galactic (SPCE) stock is red hot right now and shares appear to be breaking out of a four month trading range.  As I write this blog post, SPCE stock is trading at $19.80, up from the $15's last week

I've been trading Virgin Galactic (SPCE) stock a lot in 2020 but recently decided to stop and hold my shares purchased in the $15's for the long term.  The news continues to improve and this is the only publicly traded pure-play Space stock.

I love they have a NASA deal and will begin flying people to Space but I believe the larger opportunity is to fly people from continent to continent in just a few hours.  This is 3-5 years away but would be a massive opportunity for business travelers.

Long story short, I continue to recommend Virgin Galactic (SPCE) stock as a strong buy below $16 for the long term.

GoHealth (GOCO) Stock IPO - Health Insurance Marketplace

July 10, 2020 - Health Insurance Marketplace company GoHealth (GOCO) plans to IPO under the ticker symbol "GOCO" next week.  GoHealth (GOCO) stock should see a lot of action as the company is growing fast and is a much larger, well-established company.  Look for the GOCO IPO to open for trading July 16 or July 17, 2020.

GoHealth (GOCO) a leading health insurance marketplace whose mission is to improve access to healthcare in America. Their proprietary technology platform leverages modern machine-learning algorithms powered by nearly two decades of insurance behavioral data to reimagine the optimal process for helping individuals find the best health insurance plan for their specific needs. Their differentiated combination of a vertically-integrated consumer acquisition platform and highly skilled and trained licensed agents has enabled us to enroll millions of people in Medicare and individual and family plans since our inception. With over 10,000 Americans turning 65 years old every day and GoHealth’s track record of significant growth in net revenues in the Medicare space in the past five years, they believe they will continue to be one of the top choices for unbiased insurance advice to help navigate one of the most important purchasing decisions individuals make.

GoHealth (GOCO) IPO Details:

IPO Price Range: $18-20
Float Shares: 39.5 Million Shares
Total Shares Outstanding: 313.2 Million
2019 Sales vs 2018 Sales:  231.01 Million vs 226.2 Million
Q1 2020 Sales: 141 Million

As you can see, GoHealth saw flat sales from 2018-2019 but they now appear to be exploding.  I'm sure there is a good explanation for this but its one red flag to keep in mind.  Trading IPO's is a lot different than making them long term investments.  For now, GOCO is a trade consideration but I wouldn't invest in the company.  Lemonade (LMND) is a company worth investing in at the right price (below $50 on a huge correction).

Watch out for the NCNO IPO - https://daytradingstockblog.blogspot.com/2020/07/ncino-ncno-stock-ipo-cloud-software-for.html