Stocks to Buy May 27, 2009 5/27/09

Tuesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for May 27, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

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Stocks to Watch - 5/27/09 - Stock Market Ideas

General Motors Corporation ( NYSE:GM) - The UAW was out on Tuesday stating that the Government will be providing GM with massive assistance in order to avoid liquidation. GM made a high of $1.84 and then pulled back into the $1.50's. On Wednesday, I will be watching $1.84 as well as the $2.24 high on Friday. If GM does go bankrupt, shareholders will most likely be wiped out.

Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock broke through the $9.31 resistance level on Tuesday and hit a high of $9.80. These two levels become support and resistance levels going forward. FAS also has support at $8.60 and resistance at $10. Discuss FAS/FAZ

Citigroup Inc (C:NYSE) - I continue to watch Citigroup stock. A break above $3.96 - $4.00 would be bullish, a break below $3.50 would be bearish.

Bank of America Corp. (NYSE:BAC) - BAC stock continues to hold $10 but seems to have stalled here. After two upgrades in the past week, BAC has gone down about 8% since the first upgrade. Bank of America continues to fail at the 10 day moving average which is now $11.33 and trending lower.

Hemispherx Biopharma, Inc. (HEB) - HEB is one of the hottest stocks in the stock market right now. The company came out with news that one of their drugs that the FDA is reviewing might be delayed 1-2 weeks. On a technical basis, HEB has suport around the 10 day moving average at $1.37, resistance at $1.80 and between $2-$2.03. This stock will continue to be active leading up to the FDA decision. Come join our HEB discussion group.

Cell Therapeutics, Inc. (CTIC) - CTIC stock has been quiet over the past week. I continue to monitor this stock as I will be a buyer when CTIC breaks back up through $1.37. Support is at $1.00 so CTIC is near the middle of this range. The volume has died down so if CTIC starts to move higher on a big volume spike, the day traders will pile back into the stock.

Other Stocks to Watch: May 27, 2009

MAP Pharmaceuticals, Inc. (MAPP)
Coffee Holding Co.Inc. (JVA)
Cytokinetics Inc. (CYTK)
Virgin Mobile USA, Inc. (VM)
Piper Jaffray Companies (PJC)
Origin Agritech Limited (NASDAQ: SEED)
AgFeed Industries, Inc. (FEED)
Yingli Green Energy Holding Co. Ltd. (YGE)
Zions Bancorp. (ZION)
Oxigene Inc. (OXGN)
BioCryst Pharmaceuticals Inc. (BCRX)

Penny Stocks to Watch - 5/27/09

TorreyPines Therapeutics, Inc. (TPTX)
AP Pharma Inc. (APPA)
Quest Resource Corp. (QRCP)
LJ International Inc. (JADE)
Zix Corp. (ZIXI)
US Geothermal Inc. (HTM)
ULURU Inc. (ULU)
Power-One Inc. (PWER)
Select Comfort Corporation (SCSS)
The McClatchy Company (MNI)
Air Transport Services Group, Inc. (ATSG)
Akorn Inc. (AKRX)
Jamba, Inc. (JMBA)

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

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