Best Stock Picks Today | TSLA Squeezes the Short Sellers 7-13-20
Best Stock Picks Today
TSLA stock (Tesla Inc) continues its relentless move higher squeezing those selling the stock short.
With today's gap higher we see another opportunity to buy TSLA stock but not on the open.
After last week's light volume trading I'm expecting a great week of trading with earnings due from NFLX, and the big banks.
The banks appeared ready to traded lower, but didn't! Tape readers let the price action do the talking and we follow its lead.
We also discuss GOOGL stock as it approaches new all-time highs. Two gaming stocks are in play today but my best play of the day is FB stock.
Facebook has paused at the big 240 level for a couple of days. This sets up a rare opportunity to buy with conviction. But here's the key, we want/need to see the stock stay above this level.
If it does, great, stay long. If it doesn't, then you act like a pro and adapt.
Have a great day
Pete
