Sunday, May 15, 2016

5 Stocks To Watch This Summer

In the list below I will list 5 stocks I think traders/investors could possibly make profit playing come this summer. Stocks are in no particular order:
  1. Amazon (AMZN): A leader in this very difficult market environment (which is quite rare the past two years). Just made new all times high thanks to blow out earnings. What's impressive is it's rebound from the nasty correction it had a few months ago.
  2. Apple (AAPL): Apple has had a rough time with earnings, its recently made new 2 year lows. However, if it can continue correcting down to the mid 70s (my technical buy point), I think it would be a great long term buy. As a bonus it pays a dividend!
  3. Tesla (TSLA): This stock is a retail investors favorite. Unfortunately Its a bit off from its all time highs. A few months ago it had one of the most incredible V-shaped bounce I have witnessed in a long time. If this continues to correct it may be a quality long term buy.
  4. Celator Pharmaceuticals  (CPXX): An impressive biotech company with an incredible strong stock chart (these are rare these days). If it pulls back strongly, it may be worth a buy. (Warning biotech stocks come with great risk).
  5. Twitter (TWTR): Badly beaten down stock, with an ugly chart. However, it's hard to fathom Twitter won't attempt some sort of come back. If one occurs I think retailers would bid this up.