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.
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
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