Stocks to Buy July 7, 2009 7/7/09

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 July 7, 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 - 7/7/09 - Stock Market Ideas

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock tested the $8 level Monday and appears to be holding on a closing basis with 2 hours to go. I bought FAS stock today at $8.07 and plan on holding for a bounce. I only bought back half of my position so I would be willing to average down near the $7 area which is the next major support level. As for FAZ, if FAS trades near $10 or over, I'd be willing to jump on the FAZ train for a trade. The recent trading range for FAS has been between $8-$9.50. Check out FAZ - FAS Technical Analysis

Citigroup Inc (C:NYSE) - Citigroup stock has continued the weakness I have been pointing out for over 3 weeks now. $2.61 is a major support level that must hold on a closing basis from here on out. Shares of C have basically falled straight down from $3.50. Keep an eye out for earnings which will be released on July 17, 2009.

American Intl Group, Inc. (AIG) - AIG stock is now trading at $15.75 which is below the pre market low on Thursday. Because of this break down, I would only be looking to buy AIG for a bounce at around $15. All major rallies should now be sold.

Bank of America Corp ( BAC ) - Bank of America Corporation stock hit a low of $11.95, right around the recent $12 support level. I am watching the 50 day moving average which is currently at $11.68. A close below the 50 day at any point would be very bearish and BAC would probably retest the $10.50 support level. It may seem like only 10% but if there aren't enough buyers and BAC breaks down through $10, bigger problems will surface. For now, just keep an eye on the 50 day moving average, it rises everyday. On the upside, Bank of America can't seem to close above the 200 day moving average. When BAC finally closes above this area, I believe you could see a run toward $14-$15 at the very least.

General Electric Company (NYSE:GE) - General Electric (GE) stock has been selling off lately. Keep an eye on the prior low of $11.25. If $11.25 is broken, I look to pick up some GE stock around $10. Earnings will be out in two weeks.

Cell Therapeutics, Inc. (CTIC) - CTIC broke $1.50 Monday and then selling took it down to $1.44. The volume has been low so the stock is hard to read at this point. One thing for sure is that CTIC stock needs to hold $1.37.

Hemispherx Biopharma, Inc. (HEB) - Investors and traders continue to wait for the FDA decision on their CFS drug, Ampligen. The long delay is starting to get old! Management remains silent.

Buy the Dip - Below is a list of stocks I would be buying on any strong pullback.

Visa Inc. (NYSE: V)
MasterCard (MA)
Apple (AAPL)
Palm, Inc. (PALM)
Research In Motion Ltd. (RIMM)
Ford Motor Co. (F)
First Solar (FSLR)
McDonald's Corporation (MCD)
Continental Resources Inc. (CLR)
Freeport-McMoRan Copper & Gold Inc. (FCX)
Pyramid Oil Company ( PDO )
Fuqi International, Inc. (FUQI)
AgFeed Industries ( FEED )
Fuel Systems Solutions, Inc. (FSYS)
STEC, Inc. (STEC)
Huntington Bancshares Inc. (HBAN)

Other Stocks to Watch - July 7, 2009

Mercury Computer Systems, Inc. (MRCY)
Allied Healthcare International Inc. (AHCI)
Dyax Corp. (DYAX)
SonicWALL, Inc. (SNWL)
Protalix BioTherapeutics, Inc. (PLX)
Myriad Pharmaceuticals, Inc. (MYRX)
Labopharm Inc. (DDSS)
Entropic Communications, Inc. (ENTR)
Grupo Financiero Galicia S.A. (GGAL)
Dendreon Corp. (DNDN)

Penny Stocks to Watch - 7/7/09

Star Scientific, Inc. (STSI)
Vertro, Inc. (VTRO)
Metalink, Ltd. (MTLK)


OTC & Pink Sheets Stocks to Watch - 7/7/09

Discuss these at http://stockstobuy.org

BioCentric Energy Holdings, Inc. (BEHL.OB)
SpongeTech Delivery Systems, Inc. (SPNG.OB)
Neah Power Systems, Inc. (NPWS.OB)
New Energy Technologies, Inc. (NENE.OB)
INFO ARCHITECTS CORP (IACH.PK)
Savoy Energy Corp (SNVP.OB)
IDO Security Inc. (IDOI.OB)
Viral Genetics Inc. (VRAL.PK)
Greens Worldwide Incorporated (GRWW.PK)

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

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