Stocks to Watch for Tuesday NFLX, GERS

AAPL, NUSMF, NFLX, TSLA, GERS


AT&T (T:NYSE) Do shares of T become an Apple Computer (AAPL:NASDAQ) sympathy play ? Well it sure looks like they could be, especially after a story broke that they are preparing their employees for the fall launch of the 5th generation IPhone. Bulls should remember that thick, listed stocks like T tend to draw in new and even conservative buyers when a sexy event like this occurs. Add T to your list of NYSE stocks.

Nautilus Minerals (NUSMF:PK) Shares of this Porter Stansberry play are currently in a mild bullish uptrend. However, NUSMF is a pink sheets name and there is currently a double top formation in place to cause some resistance. Just remember that Stansberry Research has a huge following and NUSMF does have a compelling story. Still, it might be best to let shares break out before acting.

Netflix (NFLX:NASDAQ) NFLX stock seemed to crap out today due to rising costs. They even mentioned that they were not bidding for Hulu. Is this the day that bears have been waiting for ? There is smart money on both sides, but NFLX also mentioned that they will lose subscribers with their new price hikes. The $250 handle seems to be in play, but there is some support in the low $240′s. Remember that the NFLX conference call has really never been conducted in a shareholder friendly fashion.

Tesla Motors (TSLA:NASDAQ) Considering the broader markets, shares had a decent day on the heels of Walgreen’s (WAG:NYSE) announcement of installing EV chargers at 800 stores. Shares of Tesla are heavily shorted and and future green car friendly PR’s might make bears a little more likely to cover their positions.

Greenshift Corporation (GERS:OB) Shares of GERS doubled today with strong volume on news of a corn oil extraction patent. Sub penny stocks like GERS can often move on much less positive news than we saw today. This PR isn’t an immediate revenue producer, but it looks like penny scalpers may have some fun trading GERS for near future. Add GERS to your sub penny stock list, regardless of your bias.

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Monday Stock Market POT, SLV, TSLA, BRZL, JAMN

POT, SLV TSLA, BRZL, JAMN


Last Friday’s sell off from the morning highs was somewhat of a doozy. So here is our list of stocks to watch for Monday’s trading session. As usual, you will see different ideas, ranging from large caps to potentially hot penny stocks. The names are listed below:

Potash (POT:NYSE) The stock is a ways off the 52 week high now, after the stock split. POT did have a decent day on Friday. Please remember that takeover and merger rumors can turn this stock into a swing traders dream very quickly. Regardless if you have a long or short market bias, you should always have an Ag stock or two on your list of stocks.

IShares Silver Trust (SLV:NYSE) I heard that Dorsey Wright called for some sort of reversal based on his point and figure charting system. Shares of SLV ripped early in the day, and some thought silver stocks shorts may cash in the chips before the weekend. SLV still ended the day up over 2%, but the afternoon trading was a little weak for longs. This is obviously an ETF to watch, but also use SLV as a read on silver mining penny stocks. A reversal in the precious metal could make some obscure bulletin board stock turn into one of the best penny stocks to buy.

Tesla Motors (TSLA:NASDAQ) We often try to highlight stocks that are trending on Yahoo Market Pulse, and as of this entry TSLA is the fastest trending common stock on the board (3 ETF’s are higher.). TSLA often creates one of the best momentum trades in the entire market because of it’s sexy product and high beta. Just be sure to get a vibe on the direction before you act.

Brazos International (BRZL.PK) Sorry to mention this one again, but it just keeps winning the title of the IHUB most active message board. This borderline sub penny stock was down 18% on Friday and on pure activity basis is starting to remind me of Cascadia Investments (CDIV.PK). It’s probably safe to say BRZL will be active again on Monday. But guessing direction is the tough part.

Jammin Java (JAMN:OB) JAMN has been another staple on our stocks to watch list because some are still looking for an LEXG like run. Shares are still near the high and have performed very well. However, buying it up here is very different from buying it at the significantly lower price when we alerted our subscribers.

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CBOE and TSLA Fall

CBOE Holdings and Tesla Motors Fall


cboe CBOE and TSLA FallMost investors agree that making a decision on when to sell is much more difficult than deciding when to buy. Recently Tesla (NASDAQ: TSLA) and CBOE Holdings (NASDAQ: CBOE) have fallen from higher levels and have even broken their IPO issue prices. In uncertain markets like the one we are currently in, you have to think more like a trader than an investor. That means taking a 5 or 10% gain instead of holding and waiting for a home run. You can always re-enter the position at higher levels if you choose.

With penny stocks this proves to be even more difficult due to increased volatility and lower liquidity. Many traders take profits by selling one-quarter of their position at a time as the stock moves higher. Moving stops up as they take profits and usually leaving the last quarter of the profitable position on the board to look for a massive gain and generally using a stop at the entry price to protect the last piece. Others use the same strategy, but choose to liquidate positions in thirds. The latter strategy saves a little on commissions but increases risk.tesla motors CBOE and TSLA Fall

Another strategy that is simple but a little more risky, is always selling half the position on a double in the stock. However, huge gains like these this happens less frequently. Although sometimes hot penny stocks take off so quickly we don’t have time to get out.   They often fall faster than they spike.  This is why we preach being prepared. Set a limit order in advance if you don’t have time to look at a screen. Keep in mind that these profits add up and will allow you to take more risk on the remainder of the position. This strategy doesn’t just apply to NYSE issues. It applies to penny stocks on the OTCBB and pink sheets too. Just make a plan on how to exit and don’t be too greedy.  There are tens of thousands of penny stocks to trade and many of them are showing huge gains daily.  Finding the right one at the right time is the tricky part.

 

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Tesla Price NASDAQ:TSLA Putting On The Brakes

tesla price Tesla Price NASDAQ:TSLA Putting On The BrakesTesla IPO and Its Wild Ride


Going into the long weekend, it seems that shares of Tesla (NASDAQ:TSLA) have come back to earth. IPO shares of TSLA were priced at $17 and surged to 30.42 on it’s second day of trading. A massive gain considering that traders had time to buy aftermarket shares under $18. Was a lesson learned here for investors who paid more than $25 ? Yes, I think so.

TSLA is a company that has a great CEO, a cutting edge product and has never had problems raising money despite being unprofitable. However, the saying “What goes up must come down” came into play on TSLA. It’s probably safe to say that some of the aftermarket buying came from buyers who have a legitimate long term perspective.  These are investors who are investing with a horizon so long that makes paying a point or two higher almost irrelevant. But what was the short term trader thinking at $30 a share ? Buying TLSA for a short term after it’s huge run is a classic example of why it’s sometimes better to sit on your hands. While the company has tremendous potential, the market mechanics remain the same.

It doesn’t matter if it’s a blue chip on the NYSE, a mid-cap or an OTCBB issue. Smart traders will always take profits. The lesson learned here is not to chase stocks that have made huge moves in short time frames. Looking at charts and decreasing volume at the highs is key. This applies not only to TSLA, but to hot penny stocks too that are on the move.

 

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