Stocks to Buy June 23, 2009 6/23/09

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 23, 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 - 6/23/09 - Stock Market Ideas

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAZ was the hot stock today, FAS was not. However, I continue to believe that our Government will not let a major institution fail and this is why I favor buying FAS on major dips. Monday afternoon, FAS is trying to get back above $8.60, a level that has provided nice support when FAS trades over it. I am sitting on my hands for now because I am looking to get long FAS below $8 for a bounce trade.

Citigroup Inc (C:NYSE) - Citigroup stock continues to hold the major support level of $3 per share. Citigroup has major resistance in the $3.20's so at this point I think it is dead money with major downside risk. If the stock can get back above $3.30 and hold, I might get interested. I will no doubt be buying a break back up through $4.

Bank of America Corp ( BAC ) - Bank of America Corporation sold off big Monday but still manages to hold support located at $12. If you are buying around $12, I would be putting a stop at around $10.99 which is close to the 50 day moving average at $11.14. If BAC stock closes below the 50 day moving average you could see a major technical break down.

Wells Fargo & Co. ( WFC ) - Shares of Wells Fargo & Company were getting hit hard on Monday as the financials sunk with the overall stock market weakness. Guy Adami on Fast Money thinks you can buy at $22 while John Najarian thinks WFC stock will break through $22 like a hot knife through butter. Najarian likes WFC at $20.

Research In Motion Ltd. (RIMM) - RIMM broke $70 on Monday, a very bearish signal. Guy Adami on Fast Money continues to think RIMM can hit $66 while Joe Terranova defends the mid $70's as fair value. $67.75 was hit Monday afternoon so we are almost to Adami's target. Technically, the stock has doesn't have support until the 200 day moving average located at $58....be careful out there!

Medarex inc. ( MEDX ) - MEDX stock exploded higher Monday after two patients at the mayo clinic has some major success with their Prostate Cancer drug. MEDX has some nice support around $8.50 but would be selling any break below this area. A break above $9.01 could set up a run toward the 52 week high at $10.12.

Medis Technologies Ltd. (Nasdaq: MDTL) - Huge news out of MDTL Monday and shares soared! Tests Show Medis Fuel Cell Technology 2X Current Military Standard for Portable Applications

Jim Cramer Buys - Stock Picks: Lincoln National Corp. (LNC), WellPoint Inc. (WLP)


Stocks To Watch - June 23, 2009

ATA, Inc. (ATAI)
MTR Gaming Group, Inc. (MNTG)
Oncothyreon Inc (ONTY)
Direxion Daily Energy Bear 3X Shares (ERY)
Sally Beauty Holdings Inc. (SBH)
Coeur d`Alene Mines Corporation (CDE)
Finish Line Inc. (FINL)
UltraShort Basic Materials ProShares (SMN)
UltraShort Financials ProShares (SKF)
UltraShort Real Estate ProShares (SRS)
Hemispherx Biopharma, Inc. (HEB)

Penny Stocks to Watch - 6/23/09

Nova Measuring Instruments Ltd. (NVMI)
Nextwave Wireless Inc. (WAVE)
New Motion, Inc. (NWMO)
Level 3 Communications Inc. (LVLT)
CytRx Corporation (CYTR)
Targeted Genetics Corp. (TGEN)
Netlist Inc. (NLST)
Vertro, Inc. (VTRO)
Oscient Pharmaceuticals Corp. (OSCI)
Citizens Republic Bancorp, Inc (CRBC)
TerreStar Corporation (TSTR)
Cell Therapeutics, Inc. (CTIC)

OTC & Pink Sheets Stocks to Watch - 6/23/09

Discuss these at http://stockstobuy.org

Dussault Apparel, Inc. (DUSS.OB)
IDEAL FINANCIAL SOL (IFSL.PK)
SpongeTech Delivery Systems, Inc. (SPNG.OB)
eDOORWAYS Corporation (EDWY.PK)
SALAMON GROUP, INC. (SLMU.OB)
Left Behind Games Inc. (LFBG.OB)
Quri Resources, Inc. (QURI.PK)

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

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free