July 26 (Monday)

Stock Watchlist

StockWatch

How It Works

This StockWatch consists of a list of companies that I believe have the potential to do well this week.

It is essential I make this clear: Not all these companies are going to go up nor are they likely to.

Rather, I delineate that these companies have the potential to do well if and only if certain conditions occur.

StockTalk is not responsible for any loss or mistakes made by an investor. However StockTalk would love your feedback and help on how to better improve this.

NIO INC

NIO (11.81)

NIO slipped on Friday after growing fears of weakened China-USA tensions.

There is no doubt that NIO is a great long term pick, however, a pullback this week may be a great opportunity to buy in the dip .

NIO is always great for day and swing trading. However, this week may see an extension of the downtrend. Watch for further news regarding China-US tensions.

Ford Motor

F (6.89)

Ford is an unusual company which I added to the watchlist. However, F seems to have potential for a very clear downtrend.

Odds are that earnings will not be good for Ford as COVID has had a massive impact on the automakers. However, this week may pose the end of the downtrend.

For swing traders, F may show a reversal after the end of the downtrend this week.

Either way, there is a good amount of volatility on F which also makes this a great stock to day trade with.

Northern Dynasty Minerals Ltd

NAK (1.94)

NAK’s volatility over the past few days has made this stock a great opportunity for intraday trading . The sudden volatility spike was due to positive results regarding one of the mining areas.

NAK has done tremendously well over the past few weeks. This is a long term buy in my opinion, however this coming week may offer a great dip.

Altria Group

MO (41.86)

MO seems to be showing a very strong ascending triangle for the past few months.

With earnings on the 28th, there is a chance of a breakout.

If not this week, MO is still going to be a strong long term buy. Their recent announcement to increase dividends suggest MO has a positive outlook in the future.

Emagin Corp

EMAN (1.29)

EMAN jumped on Friday as the company was aware a 33 million dollar contract from the Department of Defense.

Although I have not yet made my mind on the long term possibility of EMAN, I foresee two options for the coming weeks.

Either a: Friday is followed by a reversal and a reversion to prices prior to Friday, or b: the uptrend continues for the next few days until exhaustion. Long or Short, the 48% jump on Friday means suggests the future days may be volatile.