Stocks to Buy June 9, 2009 6/9/09

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 9, 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 - 6/9/09 - Stock Market Ideas

Palomar Medical Technologies (NASDAQ:PMTI) - Shares of PMTI continue to rocket higher after FDA approves Palomar's anti-wrinkle device. Support is located around $16 with resistance at $20 and $21.10 from December 2007. This was some big news!! The volume continues to be there for the active day trader trying to day trade this stock. Look for a test of $20 if Monday's high of $18.70 is broken. Discuss PMTI

Spongetech Delivery Systems, Inc. ( SPNG ) - Another great day for SPNG stock. The company presented at a conference during the morning hours on Monday and the stock took off. Support is located at $0.10 and resistance is located at Monday's high of $0.155. Discuss SPNG

Angiotech Pharmaceuticals Inc. (ANPI) - ANPI received FDA Clearance for one of their devices. After a huge open, ANPI stock sold off Monday morning and never rallied back. If ANPI can get back into the $2.70's I think it could retest the $2.94 high from Monday. Support appears to be around $2.40.

Hemispherx Biopharma, Inc. (HEB) - I continue to watch HEB stock as investors are waiting for an FDA approval decision for the companies drug Ampligen.

Cell Therapeutics, Inc ( CTIC ) - CTIC was back trading in the $1.70's again after the following news. I close over $1.85 would be very bullish for this company

Ford Motor Company (F) - Jim Cramer says he likes Ford's chances - stock is seeing a rebound in late trading on Monday

Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock hit a low of $10 on Monday which has been the recent support level. If $10 does not hold, look for $9.82 and then $9.40. I continue to trade FAS when it breaks through the high of the day.

Citigroup Inc (C:NYSE) - Citigroup is back to being volatile again but this is good news for traders. After hitting support in the mid $3.30's, Citi stock ran up to $3.61 area and then pulled back to the mid $3.40's. Sooner or later, Citigroup stock will be making a hard move in one direction or the other. A break above $4.00 would get me to buy C stock.

Bank of America Corporation (BAC:NYSE) - Watching Bank of America for a break over $12.33

Other Stocks to Watch - June 9, 2009

MFRI Inc. (MFRI)
SLM Corp. (SLM)
Real Goods Solar, Inc. (RSOL)
Arena Pharmaceuticals, Inc. (ARNA)
MannKind Corp. (MNKD)
Micromet, Inc. (MITI)
Belo Corp. (BLC)
Dyax Corp. (DYAX)
LDK Solar Co.Ltd. (LDK)

Penny Stocks to Watch: 6/9/09

Metabasis Therapeutics Inc. (MBRX)
Medis Technologies Ltd. (MDTL)
CytRx Corporation (CYTR)
Commonwealth Biotechnologies Inc. (CBTE)
Barzel Industries Inc. (TPUT)
Endocare Inc. (ENDO)
Zila, Inc. (ZILA)
Keryx Biopharmaceuticals Inc. (KERX)
ULURU Inc. (ULU)
GenVec Inc. (GNVC)
XOMA Ltd. (XOMA)
Cell Genesys, Inc. (CEGE)
Generex Biotechnology Corp. (GNBT)


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

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