5 Monster Stocks To Watch For The July 11 Trading Session

Michael Kramer and the clients of Mott Capital own MSFTWealth Strength IndexAAPL is Extremely Up and trending Up, TSLAWealth Strength IndexAAPL is Extremely Up and trending Up, NFLXWealth Strength IndexAAPL is Extremely Up and trending Up

US Markets

  • S&P 500 Futures +8 Points
  • 10-Year Yield 2.06%
  • Dollar Index 96.85
  • VIX 12.90
  • US Oil $60.72

International Markets

  • Japan Nikkei +0.51%
  • China Shanghai +0.08%
  • Hong Kong HSI +0.81%
  • South Korea KOSPI +1.06%
  • UK FTSE -0.08%
  • Germany DAX -0.22%

Stock Trading For July 11

S&P 500 (SPY)

S&P 500 Futures are pointing to an opening above 3,000 on July 11. That level was acting as resistance a bit yesterday, but it shouldn’t for long. Based on my projection, this leg of the rally could take us as high 3,055.

S&P 500, spx, spy

S&P 500, spx, spy

Microsoft (MSFTWealth Strength IndexAAPL is Extremely Up and trending Up)

Microsoft was initiated today with an outperform rating at Cowen and a $150 price target. The stock has been steadily trending higher since the December 24 lows. The next level of resistance I am projecting is around $141.

microsoft, msft

microsoft, msft

SNAP (SNAP)

SNAP is rising today after BofA put a $17 target on the stock up from $12. The next level to watch for continues to $16.

snap

snap

Tesla (TSLAWealth Strength IndexAAPL is Extremely Up and trending Up)

I noted last night I saw more bullish option betting in Tesla. tesla, tsla

tesla, tsla

Netflix (NFLXWealth Strength IndexAAPL is Extremely Up and trending Up)

Well to say that Stranger Things 3 is hot, maybe an understatement. The latest Google Trends shows that search term for this season is higher than any in the past.

Amazon (AMZNWealth Strength IndexAAPL is Extremely Up and trending Up)

Amazon is trading above 2,025 this morning and is likely heading to around $2060.

amazon, amzn, july 11

amazon, amzn, july 11

Good Luck Today.

-Mike

This article appeared first on Mott Capital Management.

Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.