Stocks to Buy June 2, 2009 6/2/09

Monday, 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 June 2, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Discuss Stocks - www.stockstobuy.org

Stocks to Watch - 6/2/09 - Stock Market Ideas

Cell Therapeutics, Inc. (CTIC) - CTIC stock was halted in Monday afternoon and the company came out with positive pixantrone data on non-Hodgkin's lymphoma. I am not an expert on drug news but I have a feeling CTIC stock will be very active on Tuesday - If you haven't had CTIC on your stock trading radar for the past few months...shame on you! CTIC has been the most popular stock for traders in 2009 so far and now we are seeing why. CTIC has resistance at $1.85, $2.50. Discuss CTIC.

Force Protection Inc. (FRPT) - FRPT stock has been soaring lately and was recommended by John Narjarian today on CNBC's Fast Money - FRPT hit a new 52 week high Monday afternoon at $10.03.

Hemispherx Biopharma, Inc. (HEB) - Still waiting for the FDA decision on Ampligen

Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock broke through and closed over $10, this area now becomes support and FAS could now be headed back to the next resistance level at $12.53. If the FAS breaks $10 I will jump into FAZ for a quick trade.

Citigroup Inc (C:NYSE) - Citigroup stock has stalled between $3.60-$3.80. A break below $3.60 would be bearish but a break above $4.00 would be very bullish and I would buy C stock. Until then, Citigroup is dead money from a stock trading perspective.

Bank of America Corp. (NYSE:BAC) - As far as BAC goes, I am waiting for a break back above $12 to start trading Bank of America from the long side. This would be the start of a technical break out.

Ford Motor Company (F) - Ford is jumping today on the GM bankruptcy news - F stock has resistance at $6.54.

United States Natural Gas Fund, LP ( UNG ) - I strongly believe natural gas has bottomed and actually put in a double bottom last week. The UNG is a strong buy on major pullbacks. Natural Gas is the most volatile commodes right now so be careful.

S&P 500 - The S&P 500 will be closing over the 200 day moving average on Monday for the first time in one year. If you like the S&P 500, check out SPX

Other Stocks to Watch - June 2, 2009

PMI Group Inc. (PMI)
Green Plains Renewable Energy, Inc. (GPRE)
Celldex Therapeutics, Inc. (CLDX)
U.S. Global Investors, Inc. (GROW)
Aeterna Zentaris Inc. (AEZS)
Boise, Inc. (BZ)
General Moly, Inc. (GMO)
G-III Apparel Group, Ltd. (GIII)
American Axle & Manufacturing Holdings Inc. (AXL)
Petrobras Energía Participaciones S.A. (PZE)
CBS Corporation (CBS)
Air Transport Services Group, Inc. (ATSG)

Penny Stocks to Watch - 6/1/09

Hana Biosciences, Inc. (HNAB)
Keryx Biopharmaceuticals Inc. (KERX)
Barzel Industries Inc. (TPUT)
Corus Bankshares Inc. (CORS)
Telik Inc. (TELK)
Triad Guaranty Inc. (TGIC)
Edge Petroleum Corp. (EPEX)
Dot Hill Systems Corp. (HILL)
NetSol Technologies Inc. (NTWK)
MIVA Inc. (MIVA)
Cardica Inc. (CRDC)
iGo, Inc. (IGOI)
Synthesis Energy Systems, Inc. (SYMX)
ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS)
China Direct, Inc. (CDII)
Antigenics Inc. (AGEN)
Dune Energy Inc. (DNE)
US Geothermal Inc. (HTM)
Globalstar Inc. (GSAT)

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

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