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

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 August 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 - 8/7/09 - Stock Market Ideas

American Intl Group, Inc. (AIG) - AIG Stock hit $29 Thursday and then had a big pullback. After the move yesterday, I'm not sure why anyone would pay another $7 per share for AIG. The stock is now back to a key support level around $23 going into earnings tomorrow. I will not be doing anything until after the earnings are released Friday. After earnings, I'd be a buyer near $18.31 for a trade if there is another pullback. Resistance on the upside is now $24 and $25... a break above $25 will get AIG moving again.

Ambac Financial Group, Inc. (ABK) - ABK also releases earnings Friday morning. This is another stock to watch closely after MBIA Inc. (MBI) reported better then expected earnings Thursday and Radian Group Inc. (RDN) hit a homerun on Wednesday.

Citizens Republic Bancorp, Inc (CRBC) - CRBC stock exploded Thursday. A break above $1.00 would be very bullish.

Hemispherx Biopharma, Inc. (HEB) - Continue to watch HEB, they have an FDA decision coming out this fall ( Sept - Nov ) on CFS drug Ampligen. If approved, HEB would soar. HEB currently has support at $2.07 and $2 with resistance at $2.25 & $2.32.

Cell Therapeutics, Inc. (CTIC) - CTIC continues to trade in the $1.50's after releasing earnings Thursday. On August 24th, the company is expecting a ruling from the FDA whether to accept their application for Pixantrone to treat relapsed or refractory aggressive non-Hodgkin's lymphoma. Shares of CTIC could catch a bid leading up to August 24th.

Las Vegas Sands Corp. (LVS) - After pulling back to the 50 day moving average last week, Las Vegas Sands appears to be starting a breakout. A close over $11.84 would be very bullish. I continue to like pullbacks to the 50 day moving average ( currently $9.01 ).

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - As of 2:30pm Thursday, FAS has made 12 straight higher daily lows from the prior trading session. Thursday's low is $69.00, a break through that on Friday and I will jump into FAZ for a trade. You have to use tight stops with these two given the volatility! This is strickly for a trade and will be after the employment report is out.

Citigroup Inc (C:NYSE) - Citigroup shares hit $3.81 today which is right in the $3.77-$3.83 resistance zone. Support is located at $3.50 and then $3.38. Check out my Citigroup technical analysis.

Bank of America Corp ( BAC ) - Bank of America Corporation stopped short of the the next major resistance level at $17.93 today. I'd be a buyer on pullbacks to the 10 day moving average. Check out my BAC technical analysis - I will have a new chart posted tomorrow.

Other Stocks to Watch - August 7, 2009

Canadian Solar Inc. (CSIQ)
Deerfield Capital Corp. (DFR)
SXC Health Solutions, Corp. (SXCI)
Commercial Vehicle Group Inc. (CVGI)
HSN, Inc. (HSNI)
AMICAS Inc. (AMCS)
Zumiez, Inc. (ZUMZ)
Ansys, Inc. (ANSS)
InfoSpace Inc. (INSP)
Thoratec Corp. (THOR)
CompuCredit Holdings Corp. (CCRT)
Service Corp. International (SCI)
Global Crossing Ltd. (GLBC)
Limited Brands Inc. (LTD)
Pacific Capital Bancorp (PCBC)
Developers Diversified Realty Corp. (DDR)
Fuqi International, Inc. (FUQI)
Wendy's/Arby's Group, Inc. (WEN)
Activision Blizzard, Inc. (ATVI)
Hartford Financial Services Group Inc. (HIG)

Penny Stocks to Watch - August 7, 2009

Citizens Republic Bancorp, Inc (CRBC)
Rockford Corp. (ROFO)
Rentech, Inc. (RTK)
Guaranty Financial Group Inc. (GFG)
Radio One Inc. (ROIAK)
Colonial Bancgroup Inc. (CNB)
Spanish Broadcasting System Inc. (SBSA)
Mercer International Inc. (MERC)
DARA BioSciences, Inc (DARA)
Sulphco Inc. (SUF)
Emmis Communications Corp. (EMMS)
Luna Innovations Incorporated (LUNA)
CIT Group, Inc. (NYSE:CIT)
Corus Bankshares Inc. (CORS)
FEDERAL NTL MTG PFD (FNA)
Sanmina-SCI Corp. (SANM)
Fannie Mae (FNM)
Freddie Mac (FRE)

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

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

PaperFree Medical Solutions Inc. (PFMS.PK)
Transax International Ltd. (TNSX.OB)
NOVO ENERGIES CORP (NVNC.OB)
EYECITY.COM INC (ICTY.PK)
BankUnited Financial Corporation (BKUNQ.PK)
Citadel Broadcasting Corporation (CTDB.OB)
SARS Corporation (SARO.PK)
American Scientific Resources, Inc. (ASFX.PK)
NXGEN Holdings, Inc. (NXGH.PK)
NavStar Technologies Inc. (NVSR.PK)
SAFEGUARD SECURITY (SSHS.PK)
GeoBio Energy, Inc. (GBOE.PK)
Northern Explorations Ltd. (NXPN.OB)
Dussault Apparel, Inc. (DUSS.OB)
Motors Liquidation Company (MTLQQ.PK)

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