Morning Stock Watch List for 11-24-2020

My stock watchlist for this morning is mostly made up of stocks I have positions in, or was already watching from yesterday while waiting for a good entry to come up.

Bitcoin Stocks Surge

Bitcoin is making a huge push towards all-time highs and broke out past $19,000 last night taking some Bitcoin-related stocks with it.

(MARA) | Marathon Patent Group, Inc. 44m Shares Float – I took a position on MARA, a Bitcoin mining company, yesterday morning at $3.79 after the news that H.C. Wainwright analyst Kevin Dede initiated coverage on the stock with a buy rating and a price target of $7.50. Currently MARA is trading in premarket trading at $6, down from a peak of $6.23 (8:03 a.m. as I type) . This is a 60%+ increase since my purchase and up over 20% from yesterdays close.

RIOT, and GBTC, are also Bitcoin-related stocks that are showing movement in the last couple of days and they may be stocks worth watching today as the cryptocurrency sector moves.

Electric Vehicle Stocks

It is no surprise that the electric vehicle sector of stocks is moving again. My list of favorites from yesterday still applies here. I am currently focused on PLUG, LTHM, PLL, WWR, BLNK, FCEL, SBE, CIIC, NIO, DPW, NKLA, and of course TSLA

Once again I invite you to follow me on Profit.ly so that you can see the results of the trades I end up taking. You will also have the opportunity to learn from more experienced traders than me that will help you reach your goals as a stock trader. Click here and head over to Profit.ly now – your future is waiting for you!

Leave a Reply