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 December 4, 2009. Also, check out some of the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here
Stocks to Watch - 12/4/09 - Stock Market Ideas
Discuss Stocks - http://stockstobuy.org
Bank of America Corp (BAC) - Bank of America Corporation announced Wednesday evening that they will be repaying the 45 billion in TARP owed to the US Government. BAC shot up to $16.74 in the morning but then fell all the way back to $15.85. The fact that the stock couldn't hold the 50 day moving average ( $16.29 ) is concerning. Expect money to flow back into the stock when BAC finally closes over the 50 day.
Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS was very active Thursday on the BAC news above. One of the top holding in FAS is BAC. Two resistance levels to watch on the upside are now $79.57 and $82.79. When FAS breaks above $82.79, I feel a new uptrend will start. Until then, I continue to wait for another fall below $70 to buy. I would jump into FAZ if FAS breaks down through $74.
American Intl Group, Inc. (AIG) - AIG continues to hold $30 which is bullish in the short term. If the stock closed back below $30, I would think about shorting the stock. If AIG breaks above $33, I would buy the stock on the long side. There will be many trading opportunities in the future, its important to stay patient.
Potash Corp. of Saskatchewan, Inc. (POT) - POT continues to be a strong stock. Resistance is located at $123.39 but then nothing major until $136. I'd be a buyer of any sharp pullback of 10% or greater.
DryShips, Inc. (DRYS) - Drys received a big upgrade out of Deutsche Bank Thursday morning. The stock is trying to close above $6.50 which would be bullish. After $6.50, the next two levels to watch are $7 & $7.30. The BDI is back over 4000.
Research In Motion Ltd. (RIMM) - Not sure whats up with RIMM, but I do know that when stocks trade below their 50 & 200 day major moving averages, they are vulnerable to sell-offs and bear raids. Earnings are due out in two weeks, it will be judgement day for RIMM shareholders such as myself.
Stem Cell Stocks: The following stem cell stocks were on fire Wednesday due to positive stem cell news out of the NIH. First Human Embryonic Stem Cell Lines Approved for Use Under New NIH Guidelines. On Thursday, they pulled back. Keep an eye on these for Friday...they still might have some pop left in them.
StemCells Inc. (STEM)
Geron Corporation (GERN)
Aastrom Biosciences, Inc. (ASTM)
Opexa Therapeutics, Inc. (OPXA)
ThermoGenesis Corp. (KOOL)
Las Vegas Sands Corp. (LVS) - LVS is trading back over the 50 day moving average located at $16.52. The next major resistance level is located at $17.50. I would be a buyer on any weakness.
Cell Therapeutics, Inc. (CTIC) - I am watching CTIC closely....the stock is breaking out. I close above $1.21 would be very bullish.
Freddie Mac (FRE) - Support = $0.98 - Resistance = $1.11
Fannie Mae (FNM) - Support = $0.88 - Resistance $0.99
Other Stocks to Watch - December 4, 2009
CompuCredit Holdings Corp. (CCRT)
Key Tronic Corp. (KTCC)
Tianyin Pharmaceutical Co., Inc. (TPI)
MGIC Investment Corp. (MTG)
RXi Pharmaceuticals Corporation (RXII)
Energy Recovery, Inc. (ERII)
UTI Worldwide, Inc. (UTIW)
Anadys Pharmaceuticals Inc. (ANDS)
Radian Group Inc. (RDN)
China North East Petroleum Holdings Ltd. (NEP)
China TransInfo Technology Corp. (CTFO)
Pier 1 Imports Inc. (PIR)
VisionChina Media Inc. (VISN)
LeapFrog Enterprises Inc. (LF)
PMI Group Inc. (PMI)
Dataram Corporation (DRAM)
ZST Digital Networks, Inc. (ZSTN)
Rambus Inc. (RMBS)
Collective Brands, Inc. (PSS)
Omnicell Inc. (OMCL)
Amkor Technology, Inc. (AMKR)
Gulf Resources, Inc. (GFRE)
China Natural Gas, Inc. (CHNG)
Micron Technology Inc. (MU)
Zumiez, Inc. (ZUMZ)
Sequenom Inc. (SQNM)
RF Micro Devices Inc. (RFMD)
Origin Agritech Limited (SEED)
Netlist Inc. (NLST)
Penny Stocks to Watch - December 4, 2009
Almaden Minerals Ltd. (AAU)
Oculus Innovative Sciences, Inc. (OCLS)
Fuwei Films Co., Ltd. (FFHL)
Centrue Financial Corp. (TRUE)
Sunesis Pharmaceuticals Inc. (SNSS)
Geomet, Inc. (GMET)
Radient Pharmaceutical Corporation (RPC)
Star Scientific, Inc. (CIGX)
China Cablecom Holdings, Ltd. (CABL)
Dune Energy Inc. (DNE)
Ambac Financial Group, Inc. (ABK)
MDRNA, Inc. (MRNA)
Generex Biotechnology Corp. (GNBT)
Borders Group, Inc. (BGP)
Central Pacific Financial Corp. (CPF)
Cardium Therapeutics Inc. (CXM)
NexMed Inc. (NEXM)
CytRx Corporation (CYTR)
Antigenics Inc. (AGEN)
Hemispherx Biopharma, Inc. (HEB)
SIRIUS XM Radio Inc. (SIRI)
E*TRADE Financial Corporation (ETFC)
OTC Pink Sheets Stocks to Watch - 12/4/09
Discuss these stocks at http://stockstobuy.org
UC Hub Group Inc. (UCHB.PK)
Hawk Systems, Inc. (HWSY.OB)
TYTAN HOLDINGS INC. (TYTN.PK)
Viking Systems, Inc. (VKNG.OB)
MediaNet Group Technologies Inc. (MEDG.OB)
Baltia Air Lines Inc. (BLTA.OB)
MediaG3, Inc. (MDGC.PK)
GOOD LIFE CHINA CORP (GLCC.PK)
VIPR Industries, Inc. (VIPR.PK)
Smurfit-Stone Container Corp. (SSCCQ.PK)
American Petro-hunter Inc. (AAPH.OB)
Infinity Energy Resources Inc. (IFNY.PK)
Royal Quantum Group, Inc. (RYQG.OB)
Vega Promotional Systems, Inc. (VGPR.PK)
MedClean Technologies, Inc (MCLN.OB)
SIERRA GOLD CORP (SGCP.PK)
General Growth Properties Inc. (GGWPQ.PK)
MABCURE INC. (MBCI.OB)
CHINA MEDICINE CORP (CHME.OB)
LOTUS PHARMACEUTICAL (LTUS.OB)
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