Stocks to Buy June 5, 2009 6/5/09

Thursday, 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 5, 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 - 6/5/09 - Stock Market Ideas

XTENT (XTNT) - XTNT stock was a rocket during the trading day on Thursday after the following news - XTENT, Inc. Receives Conditional Approval for Investigational Device Exemption of Custom NX(R) Drug Eluting Stent System from United States Food and Drug Administration. Expect this stock to be very active on Friday so keep it on your watch lists.

Novavax, Inc. (NVAX) - NVAX had some great news out on Thursday which cause the stock to make a run toward resistance at $3.

Hemispherx Biopharma, Inc. (HEB) - HEB broke to another 52 week high yet again on this news. Expect an FDA decision on their drug Ampligen within the next two trading days.
Yes, we have been talking about HEB for weeks now.

Antigenics Inc. (AGEN) - AGEN stock made a double top around the $3.30 level and then sold off. With the huge volume in AGEN, you cannot take it off your radars.

Cell Therapeutics, Inc. (CTIC) - CTIC stock failed to stay above $1.85 for the second straight day. Support is located in the mid $150's and also at $1.37. A close above $1.85 would be very bullish going forward.

Generex Biotechnology Corp. (GNBT) - GNBT was out with some interesting news on Thursday, it is a stock I will continue to watch closely.

XOMA Ltd. (XOMA) - XOMA started to break out during the afternoon hours on Thursday due to the following news. Keep an eye on it.

Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock broke through $10 on Thursday morning and never looked back. If we get a good jobs number tomorrow, FAS could see the $11's. Pullbacks to $10 should be bought with a stop at $9.82.

Citigroup Inc (C:NYSE) - Citigroup was showing some nice strength on Thursday....maybe a sign that it is down going down? Support at $3.32-$3.34 has held twice....still waiting for that break above $4.00 for me to buy buy buy.

Bank of America Corp. (NYSE:BAC) - Bank of America is showing signs of life and is back over the 10 day moving average. A close over $12 would be very bullish and cause most of the shorts to start covering. Goldman Sachs upgraded BAC several weeks ago with a price target of $15.

General Electric Co. (GE) - GE stock continues to trade in the $13's. I am watching $14.38 and $14.55 as resistance levels

Other Stocks to Watch - June 5, 2009

First Industrial Realty Trust Inc. (FR)
Cowen Group, Inc. (COWN)
KeyCorp (KEY)
Canadian Solar Inc. (CSIQ)
Macerich Co. (MAC)
OncoGenex Pharmaceuticals, Inc. (OGXI)
ACADIA Pharmaceuticals, Inc. (ACAD)

Penny Stocks to Watch - 6/5/09

Medialink Worldwide Inc. (MDLK)
Synthesis Energy Systems, Inc. (SYMX)
GSI Group Inc. (GSIG)
Globalstar Inc. (GSAT)
Somaxon Pharmaceuticals, Inc. (SOMX)
Opko Health, Inc. (OPK)
ZIOPHARM Oncology, Inc. (ZIOP)
TerreStar Corporation (TSTR)
Oscient Pharmaceuticals Corp. (OSCI)
VIA Pharmaceuticals, Inc. (VIAP)
Alesco Financial Inc. (AFN)

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

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