Stocks to Buy 9/2/09 September 2, 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 September 2 , 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Discuss Stocks - www.stockstobuy.org

Stocks to Watch - 9/2/09 - Stock Market Ideas

American Intl Group, Inc. (AIG) - AIG got creamed on Tuesday which caused further selling in the financial sector. When AIG broke $40 in the morning hours, the whole market reversed and sold off huge. What happened? Bernstein downgraded AIG to Underperform from Market Perform with a $10 price target. This comes several trading sessions after someone came on CNBC and gave a price target of $100-$300.

The game plan for trading AIG: AIG is now back at support which is around $35-$36. This was the area it peaked out before the last breakout which took the stock to $56. If you are buying the dip down here, i'd be putting a stop at $34.99. If AIG breaks down through $35 it could really plunge. I plan to buy AIG for a trade the next time it breaks back up through its high of the day. Resistance is $38.40 & $40 as of right now.

Citigroup Inc (C:NYSE) - Citigroup plunged with the market on Tuesday. I am watching the 10 day moving average which is now up to $4.74 today. Support continues to be located at $4.50 & $4.20. I plan to buy Citigroup stock the next time it breaks through its high of the day. Resistance is now around that $4.74 area which failed at 11:45am EST on Tuesday.

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - So FAS finally broke the key low of $74.29 Tuesday and fell $4 right after. Support on FAS is now down at $68.50. I'd be a buyer of FAS for a trade if it can break back above $74.29. The easy money has been made with FAZ but if FAS breaks $68.50, FAZ will break out again.

Bank of America Corp ( BAC ) - Bank of America Corporation broke down through the 10 day moving average Tuesday. At this point, I am waiting to get back in when it can close back above this level or pullback to $15.

Wells Fargo & Company (WFC) - WFC had some bearish option acitivty Tuesday - I like the stock is I see a pullback to $24

Freddie Mac (FRE) - Support at $1.85 - Resistance at $2.24
Fannie Mae (FNM) - Support at $1.50 - Resistance at $1.90

Hemispherx Biopharma, Inc. (HEB) - HEB closed above the 50 day moving average Monday, popped Tuesday morning, and then sold off again. I will be waiting for HEB to close back above the 50 day moving average again and then buy.

Spectrum Pharmaceuticals, Inc. (SPPI) - FDA Decision for non-Hodgkin's lymphoma on September 7, 2009

Allos Therapeutics, Inc. (ALTH) - FDA Approval Decision Wednesday 9/2/09

Cell Therapeutics, Inc ( CTIC ) - FDA Fast Track decision on 9/4/09

Other Stocks to Watch - September 2, 2009

AVI Biopharma, Inc. (AVII)
US Energy Corp. (USEG)
Sinovac Biotech Ltd. (SVA)
Novavax, Inc. (NVAX)
America's Car-Mart Inc. (CRMT)
Anadys Pharmaceuticals Inc. (ANDS)
Brigham Exploration Co. (BEXP)
Opko Health, Inc. (OPK)
Alpha Pro Tech Ltd. (APT)
Debt Resolve, Inc. (DRV)
Pure Bioscience (PURE)
EDAP TMS SA (EDAP)
Ultra Clean Holdings Inc. (UCTT)
Skystar Bio Pharmaceutical Company (SKBI)
Ardea Biosciences, Inc. (RDEA)
YRC Worldwide Inc. (YRCW)
UltraShort Financials ProShares (SKF)
UltraShort Real Estate ProShares (SRS)
Immunomedics Inc. (IMMU)
Dycom Industries Inc. (DY)
Direxion Daily Small Cap Bear 3X Shares (TZA)
Direxion Daily Large Cap Bear 3X Shares (BGZ)

Penny Stocks To Watch - September 2, 2009

Retractable Technologies Inc. (RVP)
Imperial Industries Inc. (IPII)
ICAgen Inc. (ICGN)
CombinatoRx, Incorporated (CRXX)
QuickLogic Corp. (QUIK)
Gray Television Inc. (GTN)
Convera Corp. (CNVR)
Cosi Inc. (COSI)
Hythiam Inc. (HYTM)
Oilsands Quest, Inc. (BQI)
Nextwave Wireless Inc. (WAVE)
Vonage Holdings Corporation (VG)
SIRIUS XM Radio Inc. (SIRI)

OTC Pink Sheets Stocks to Watch - 9/2/09

Discuss these stocks at http://stockstobuy.org

HOME ENERGY SAVINGS (HESV.PK)
World Logistics Services, Inc. (WLSV.PK)
INTERNATIONAL COASTA (ICBU.PK)
SPECTRUM OIL CORP NE (SPOC.PK)
Renewal Fuels, Inc. (RNWF.PK)
MACADA HLDG INC (MCDA.PK)
NS8 CORPORATION (NSEO.PK)
Intelecom Inc. (IECM.PK)
American Security Resources Corp. (ARSC.PK)
Empire Energy Corporation International (EEGC.OB)
Universal Bioenergy, Inc. (UBRG.PK)
Angel Acquisition Corp. (AGEL.OB)
WorldGate Communications Inc. (WGAT.OB)
DealerAdvance, Inc. (DLAD.PK)
SARS CORPORATION (SARO.PK)
Proconcept Marketing Group, Inc. (PRMK.PK)
LINKWELL CORPORATION (LWLL.OB)
eDOORWAYS Corporation (EDWY.PK)
MABCURE INC. (MBCI.OB)
ICBS LTD NEW (ICBT.PK)
Nutra Pharma Corporation (NPHC.OB)
AVRO ENERGY, INC. (AVOE.OB)


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