Tesla (TSLA) Earnings Preview - July 22, 2020

Tesla (TSLA) Earnings Preview for July 22, 2020

Shares of Tesla (TSLA) continue to rebound into earnings after a massive $365 drop from $1795.  All eyes are now on earnings which will set the tone into the Battery Day event on September 22nd.

Tesla (TSLA) already announced deliveries of 90,650 vehicles in Q2 despite the Fremont, CA plant being shut down for nearly two months.  If the company can report a fourth consecutive profit, they should finally be added to the S&P 500.  The inclusion into the S&P alone could propel the stock significantly higher but I suspect a lot of big funds already took a position.

Wall St. analyst's are expecting the average numbers below:

EPS - (-$0.71) loss
Sales - $5.14 Billion

Any large beat will light a torch under the stock again.  If the company can deliver almost 91,000 vehicles during stressful conditions and a partial shutdown, imagine what they will report in Q3 2020.  Tesla (TSLA) is about to start a massive growth cycle with new products coming to market in 2021.  All pullbacks remain a strong buy and that is what I plan to do if we see any downside below $1200-$1300.

Stocks to Buy 7/15/20 July 15, 2020

July 15, 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

nCino (NCNO) - nCino (NCNO) was the red hot IPO that opened for trading on Tuesday.  Shares opened in the $71's and then closed in the $91's.  Watch for more upside tomorrow with the stock market gapping higher on the positive Moderna (MRNA) data.

Tesla (TSLA) - Tesla (TSLA) saw a huge price target increase today but the stock is still digesting the massive move recently.  I sold 1/3 of my position yesterday and took most of my principal investment out of the stock.  I plan to buy back in the $1100's or purchase other stocks.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) came close to $21 Monday but then sold off into the close.  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 Space.  SPCE is a strong buy in the $15's for the long term.

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

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in three weeks.   More on BYND.....

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.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Dow Jones Futures 7/15/20 July 15, 2020

Stock Market Futures for 7/15/20 July 15, 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 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 2021.

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

Stock Market Futures - July 15, 2020

Dow Jones Futures - Up 475
S&P 500 Futures  - Up 42
NASDAQ Futures - Up 66
Bitcoin Price - 9,240
Gold Futures - 1811
Silver Futures - 19.72
Oil Futures - 40.64

Asian Markets ( Nikkei ) - 22,587

Dow Jones Futures - Tomorrow

Stock Ideas 2021 - Top 10 Penny Stocks to Buy

Follow @stockstobuy

Dow Jones Close 7/14/20 Stock Market Closing Prices

Stock Market Closing Prices - July 14, 2020 - http://stockstobuy.org

Dow Jones Industrial Average ( DJIA ) Close - 26,642.59 Up 557
Nasdaq Stock Market Close - 10,488.58 Up 97.73
S&P 500 Close - 3,197.52 Up 42.30
Bitcoin Price - 9,260
Tesla (TSLA) Stock Closing Price - $1513
http://dowjonesclose.com

Twitter - @StocksToBuy

Commodities Closing Prices - 7/14/20
Gold Close - 1813
Silver Close - 19.60

Oil Close - 40.26
Natural Gas Close - 1.75

The Dow Jones Industrial Average closed at 26,643 on 7/14/20, as the stock market exploded higher.  The Dow Jones finally outperformed the NASDAQ which is bullish going forward.  As for my investments,  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.   Keep an eye on the Li Auto (LI) IPO due out in a few weeks - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

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