Stocks to Buy 7/29/20 July 29, 2020

July 29, 2020 - The stock market has been under some selling pressure lately.  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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Grayscale Bitcoin Trust (GBTC) - GBTC rallied back into the $13's Tuesday after Bitcoin soared above 11,000.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Tesla (TSLA) - Tesla (TSLA) continues to bounce of the recent low.  Tesla (TSLA) is a strong buy on all pullbacks below $1400.

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied from $15-$27 in the past month but is now seeing a correction.  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 below $18 for the long term.

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 next week.

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I like the technology this company has and I plan to actively trade the HYLN IPO.

Nikola (NKLA) - I've been super bearish on Nikola (NKLA) above $40 but now shares have crashed into the $20's and $30's.  I began buying over the last two sessions and will buy again near $28.  We saw a really nice bounce back to $35 on Monday.

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:  Vital Farms (VITL) - https://daytradingstockblog.blogspot.com/2020/07/vital-farms-vitl-stock-ipo-date-opens.html

Check out my Top Stocks 2021

Dow Jones Futures 7/29/20 July 29, 2020

Stock Market Futures for 7/29/20 July 29, 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 29, 2020

Dow Jones Futures - Up 32
S&P 500 Futures  - Up 7
NASDAQ Futures - Up 59
Bitcoin Price - 11,040
Gold Futures - 1952
Silver Futures - 24.48
Oil Futures - 41.45

Asian Markets ( Nikkei ) - 22,397

Dow Jones Futures - Tomorrow

Stock Ideas 2021 - Top 10 Penny Stocks to Buy

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Dow Jones Close 7/28/20 Stock Market Closing Prices

Stock Market Closing Prices - July 28, 2020 - http://stockstobuy.org

Dow Jones Industrial Average ( DJIA ) Close - 26,379.28 Down 205.49
Nasdaq Stock Market Close - 10,402.09 Down 134.18
S&P 500 Close - 3,218.44 Down 20.97
Bitcoin Price - 11,000
Tesla (TSLA) Stock Closing Price - $1493
http://dowjonesclose.com

Twitter - @StocksToBuy

Commodities Closing Prices - 7/28/20
Gold Close - 1954
Silver Close - 24.57

Oil Close - 40.91
Natural Gas Close - 1.80

The Dow Jones Industrial Average closed at 26,379 on 7/28/20, as the stock market dropped Tuesday.  The big story today was the surge in the price of Bitcoin.  Bitcoin nearly hit $11,400 and before coming under selling pressure.  Shares of GBTC rallied above $13 hitting multi-month high.  Tesla (TSLA) continues to seeing buying despite a downgrade.   As for my investments,  I continue to hold Tesla (TSLA), Beyond Meat (BYND), Grayscale Bitcoin Trust (GBTC), Virgin Galactic (SPCE), Hyliion (SHLL > HYLN), and Nikola (NKLA).  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-date.html

Articles from Today:

Beyond Meat (BYND) Rated Hold With $140 Price Target

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

Kodak (KODK) Stock Triples

Shares of Eastman Kodak Company (NYSE:KODK) are rising around 200% to $7.85 on a report of a large U.S loan.  According to the WSJ, Kodak will be receiving a $765 Million loan to fix the medical supply chain to help expedite domestic drug production.

Eastman Kodak (KODK) stock is surging back above the 2020 high of $6.40.  Traders will be watching resistance at $8.25 and if the stock really rips, the 2018 high of $13.27.