Stocks to Buy July 8, 2009 7/8/09

Tuesday, 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 8, 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 - 7/8/09 - Stock Market Ideas

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - On July 8, 2009 - FAS and FAZ will both have reverse splits. FAS stock will have a 1-5 reverse split ( if you have 100 shares of FAS, you will now have only 20 shares at 5 times the price which will be around $40-$42) and FAZ stock will have a 1-10 reverse split ( if you have 100 shares of FAZ, you will now only have 10 at 10 times the price which should be around $50-$52 per share).

Citigroup Inc (C:NYSE) - Citigroup stock continue to plummet with no bounce or signs of stabilization. Ciitigroup has support at $2.61 and then $2.40. If you have been wanting to jump into Citigroup but have held off, this might be a good time to take a shot but I would be putting a stop at around $2.59. If the stock market continue to correct, Citigroup will go down harder then most financials.

American Intl Group, Inc. (AIG) - AIG stock continues to plunge as well. AIG broke $15 like a hot knife through butter. There was absolutely no buying support there whatsoever! It might be a good idea to play AIG from the short side if you can borrow shares. The only way i'd buy AIG would be on a break back above $15 for a quick trade. Looking at the charts, the technicals are so bad that there is virtually no support until $10.

General Electric Company (NYSE:GE) - General Electric (GE) stock broke the $11.25 low from two weeks ago and now seems to be headed into the $10's again. There is minor support at $11 but at $10 there is an even greater interest. I think it would be safe to wait for GE stock to close above the recent $12 resistance and then take a long position.

Continental Resources Inc. (CLR) - Today was the day that I started my non day trading position in Continental Resources. Since December 2008, I stopped holding stocks for the long term, and while we had a huge rally from March 2009 - June 2009, we are basically flat since I stopped holding long term positions. Why CLR? First, it is one of my favorite oil stocks in the stock market. It is also a buy out candidate if it continues to stay this low. Two weeks ago, Jim Cramer recommended it at $27 so at $22.61 where I bought, I couldn't go wrong. I am prepared to back up the truck under $20 as well. Watch the Video

First Solar (FSLR) - FSLR is the next stock I am ready to take a long position in. I'd be a buyer at $141 or below.

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. ZzzzzZZzzzzZZZzZzZzZZz

Cell Therapeutics, Inc. (CTIC) - CTIC is back into the $1.40's but has still managed to hold $1.37. I will be a buyer between $1.40-$1.42 if the stock gets there and i will be placing a stop at $1.36.

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) - Bought the dip 7/7/09
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 8, 2009

Novogen Limited (NVGN)
CIT Group, Inc. (CIT)
Jazz Pharmaceuticals, Inc. (JAZZ)
GenCorp Inc. (GY)
Rick's Cabaret International Inc. (RICK)
Littelfuse Inc. (LFUS)
Dyax Corp. (DYAX)
Cadiz Inc. (CDZI)
Sequenom Inc. (SQNM)
Female Health Co. (FHCO)
Ivanhoe Mines Ltd. (IVN)
Ruby Tuesday, Inc. (RT)
Trinity Biotech plc (TRIB)
MKS Instruments Inc. (MKSI)

Penny Stocks to Watch - 7/8/09

Hana Biosciences, Inc. (HNAB)
Mesa Air Group Inc. (MESA)
Private Media Group Inc. (PRVT)
Image Entertainment Inc. (DISK)
Entree Gold Inc. (EGI)
Champion Enterprises Inc. (CHB)
Radio One Inc. (ROIAK)

OTC & Pink Sheets Stocks to Watch - 7/8/09

Discuss these at http://stockstobuy.org

EXPO HOLDING INC (EXPH.PK)
Nexia Holdings Inc. (NXHD.PK)
IDO Security Inc. (IDOI.OB)
Optigenex Inc. (OPGX.PK)
International Building Technologies Group, Inc. (INBG.OB)
SPARROWTECH RESOURCE (SPMC.PK)
TAO MINERALS LTD (TAOL.OB)
Cord Blood America Inc. (CBAI.OB)
SUSPECT DETECTION SY (SDSS.OB)
BIOCENTRIC ENERGY HO (BEHL.PK)
MAGELLAN ENERGY NEW (MGLG.PK)
Ingen Technologies, Inc. (IGNT.PK)
eDOORWAYS Corporation (EDWY.PK)
LIGATT SECURITY INTE (LGTT.PK)
SpongeTech Delivery Systems, Inc. (SPNG.OB)
Neah Power Systems, Inc. (NPWS.OB)
RINO INTL CORP (RINO.OB)
Gold Resource Corp (GORO.OB)

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