Stocks to Buy 8/12/09 August 12, 2009

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 August 12 , 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 - 8/12/09 - Stock Market Ideas

Short ETF's: The Dow Jones is testing the 10 day moving average today at 9248. The is the first time since the rally began in early July that the 10 day is being hit. A close below 9248 would be bearish and you might want to think about buying some SHORT ETF's

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - So FAS broke through the previous days low today ( $72.43 ) for the first time in 14 trading sessions and now you see the result. FAZ is now the stock I want to be trading in the short term as the market appears to be correcting. Support levels for FAS are: $67.20, $65.85 and $60.78. The only way i'd get back into FAS right now if it closed back over $72.53. Watching FAZ right now, always keeping tight stops.

American Intl Group, Inc. (AIG) - AIG broke through $28 Tuesday and tested $24 ( $24.32 ) which so far has held. A close below $24.32 would set up a retest of the $23 area which would be an interesting buy for a quick bounce trade. That is what I am looking to do.

Citigroup Inc (C:NYSE) - Citigroup hit $3.57 on Tuesday which was only $0.07 away from support. The buying was just to great and now Citi is trading back in the $3.70's. I am still going to sit on my hands and probably buy C stock when it breaks through the high of the day which is Rule #5 of my set of trading rules.

Bank of America Corp ( BAC ) - Bank of America Corporation is back in the $15's and appears to be starting a pullback to retest the 10 day moving average which is located at $15.31. If the 10 day moving average fails I will either wait for a test of the 50 day moving average ( $13.31 ) to be hit or a close back over the 10 day moving average to buy. I would love the chance to buy under $14 again but the BAC train may have already left the station. On the upside, I continue to watch $16.93 as a major resistance level and think that once $16.93 is closed over, the $20's will not be far ahead.

Las Vegas Sands Corp. (LVS) - LVS is back testing the 10 day moving average at $11.01....there is a chance a retest of the 50 day moving average could happen ( $9.01 ) at which case I'd be a strong buyer of the stock. Resistance levels are now the high from yesterday at $13.16 and $16.81.

CROCS Inc. (CROX) - CROX shareholders have to be happy today as the market is getting hit yet the stock is in the green and holding strong. I will be a buyer of CROX when it breaks through $6.41 or pulls back to around $5. This company is expected to become profitable again in 2010.

Brigham Exploration Co. (BEXP) - Another huge Sanish Three Forks Oil well hitting 2154 BOEPD. This is probably the #1 performing well that has come out of the Bakken Shale. Keeping an eye on resistance at $7.43, $8, and $8.41....then its blast off. I have no idea why BEXP isn't trading above $9 right now. About three weeks ago, BEXP also hit a 2021 BOEPD well near the same location.

Cell Therapeutics, Inc. (CTIC) - I continue to watch CTIC as they have an FDA application decision coming up on August 24th. CTIC could really move up in anticipation of a positive outcome.

Hemispherx Biopharma, Inc. (HEB) - I continue to watch HEB...waiting for a break above $2.09 and then $2.17 to jump in for a quick trade. $2.00 was broken this morning but the volume didn't pick up like I expected. HEB could be hitting bottom right here at $2 but I will wait until $2.09 is broken to get back in.

Other Stocks to Watch for August 12, 2009

Avanir Pharmaceuticals (AVNR)
RELM Wireless Corp. (RWC)
Assisted Living Concepts Inc. (ALC)
EchoStar Corp. (SATS)
TomoTherapy Incorporated (TOMO)
Shengdatech, Inc. (SDTH)
CapLease, Inc. (LSE)
Tongxin International, Ltd. (TXIC)
Sinoenergy Corporation (SNEN)
SmartHeat Inc. (HEAT)
Rackspace Hosting, Inc (RAX)
Mindray Medical International Limited (MR)
Anadys Pharmaceuticals Inc. (ANDS)
American Axle & Manufacturing Holdings Inc. (AXL)
Origin Agritech Limited (SEED)
Sequenom Inc. (SQNM)
Inovio Biomedical Corporation (INO)
Novavax, Inc. (NVAX)

Penny Stocks to Watch - August 12, 2009

Fannie Mae (FNM)
Helicos BioSciences Corporation (HLCS)
Emmis Communications Corp. (EMMS)
Elixir Gaming Technologies, Inc. (EGT)
Hyperdynamics Corp. (HDY)
Global Energy Holdings Group, Inc. (GNH)
inTEST Corp. (INTT)
American Bio Medica Corp. (ABMC)
Leading Brands Inc. (LBIX)
Freddie Mac (FRE)
Vertro, Inc. (VTRO)
Converted Organics Inc (COIN)
ICAgen Inc. (ICGN)
Ladenburg Thalmann Financial Services Inc. (LTS)

OTC BB - Pink Sheets Stocks to Watch - 8/12/09

You can discuss these stocks at http://stockstobuy.org/

VIPR Industries, Inc. (VIPR.PK)
DealerAdvance, Inc. (DLAD.PK)
AmeriResource Technologies Inc. (ARIO.PK)
Trey Resources Inc. (TYRIA.OB)
BlackHawk Fund (BHWF.OB)
LIFELINE BIOTECH (LLBO.PK)
JAG Media Holdings Inc (JAGH.OB)
Cryo-Cell International Inc. (CCEL.OB)
Nitro Petroleum, Inc. (NTRO.OB)
Micron Enviro Systems Inc. (MENV.OB)
Left Behind Games Inc. (LFBG.OB)
LandStar, Inc. (LDSR.PK)
Vion Pharmaceuticals Inc. (VION.OB)
Optical Systems, Inc. (OPSY.PK)
Yasheng Eco-Trade Corporation (YASH.OB)
Chemtura Corporation (CEMJQ.PK)
Composite Technology Corporation (CPTC.OB)
Motors Liquidation Company (MTLQQ.PK)


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