Wednesday, January 4, 2023

3 Stocks To Consider Now

These high flying stocks have huge upside potential. All three have new buy signals today.

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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Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has approximately 511 gaming tables and 572 gaming machines.

e.l.f. Beauty, Inc., together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products.

The start of a new year always bring with it a sense of hope and optimism about what's ahead. That's as true of the stock market as it is of anything else, and given the turbulence of 2022, it shouldn't be too surprising that the broad market is starting the year looking to build new bullish momentum.

AstraZeneca PLC, a biopharmaceutical company, focuses on the discovery, development, manufacturing, and commercialization of prescription medicines. Its marketed products include Calquence, Enhertu, Faslodex, Imfinzi, Iressa, Koselugo, Lumoxiti, Lynparza, Orpathys, Tagrisso, and Zoladex for oncology.

Vipshop Holdings Limited operates online platforms for various brands in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, lingerie, pajamas, and maternity clothes.

Market conditions are Bearish in a Bear Market as of 2023-01-03. This means traders and investors should consider trading with a Bearish bias by shorting stocks, buying inverse-ETF's or buying put options. The rank of the Bear Market is -13.04 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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