Friday, November 18, 2022

3 Stocks To Consider In The Morning

New Buy List For Tomorrow

New Buy list will find stocks with price $1 or greater, a hold signal on the previous day and a buy signal today. It finds Ranked stocks of 30 or greater and average volume of 50,000 or greater. These stocks have 2X the volume of the previous day.

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Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level.

MAG Silver Corp. engages in the exploration and development of precious metal mining properties. The company explores for silver, gold, lead, and zinc deposits. It primarily holds 44% interest in the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. The company is headquartered in Vancouver, Canada.

For most of 2022, supply shortages, along with increasing energy demand have been pushing the prices of energy products, including crude oil and natural gas to levels not seen since 2014. Oil prices have dropped off early summer peaks quite a bit as some of those shortages have moderated, however energy commodity prices in general remain significantly above their 2022 starting point.

Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls.

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company’s fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years.

Market conditions are Bullish in a Bear Market as of 2022-11-17. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -18.52 which indicates the current market conditions are Extreme, Risk of a reversal is high. The most recent Sell Signal came on May 12, 2022.

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