Stocks to Buy 7/8/10 July 8, 2010

By Tim - http://stockstobuy.org

Wednesday, 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, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Top Stocks I am Watching Now - Daily Finan. Bull 3X Shs(ETF)(FAS) - Bank of America Corp. (BAC) - Direxion Daily Financial Bear 3X Shares (FAZ) - American Intl Group, Inc. (AIG) - Goldman Sachs Group Inc. (GS) - SIRIUS XM Radio Inc. (SIRI) - Research In Motion Ltd. (RIMM) - Baidu, Inc. (BIDU)

Stocks to Watch - 7/8/10 - Stock Market Investing Ideas

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS rebounded on Wednesday and is nearing $19.60 closing resistance. If FAS closes back above $19.60, I think it can rally back to $21-$22 area. Keep a tight stop at $18.50.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. is rallying back to the $14.35 area. I think BAC can put a bottom in if it closes above $14.35. Disappointing earnings are now priced into the stock leaving it vulnerable to an upside surprise.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio rallied back to $1.00 resistance on Wednesday after the company came out with a quarterly update. If Sirius XM Radio can close above $1.05, I think it could really rally hard.

Netlist Inc. (NLST) - Netlist Inc. was the hottest stock on Wednesday because of the following news: Netlist Announces OEM Qualification of NetVault NV Non-Volatile Memory-Subsystem for RAID Controllers. If Netlist can close above $3.25, I should rip higher even more.

Stocks to Watch for Daytrading - Netlist Inc. (NLST) - Zanett Inc. (ZANE) - Bank of Ireland (IRE) - Ambac Financial Group, Inc. (ABK) - YRC Worldwide Inc. (YRCW) - DryShips, Inc. (DRYS) - Allied Irish Banks plc (AIB)

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. continue to have resistance located at $35 as well as $37. I'd expect the stock to catch fire again if it can break $35.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. appear to have hit a temp bottom at $20.93. This is where I'd be placing my stop loss order. Since Cisco hit my target of $22 on Wednesday, the next major resistance area is between $22.50-$22.60

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are back above $70. I'd be a buyer of Baidu if the stock falls below $65. If this happens, I will get really aggressive around $63.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade below $1.00. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade. If you want to try and get ahead of this trade, resistance is located at $0.87.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. are rebounding back near $50. Research in Motion stock is a great buyout target for a company like Microsoft. With Apple Inc dropping $25 over the past few weeks, Apple is actually the better buy right now.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are rebounding a bit and have the potential to run back near $8 if this rally can build on itself. I'd be a buyer of AMD stock at $6.50 or below however.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue the bearish downtrend. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.

Freddie Mac (FRE) - Support = $0.25 - Resistance = $0.35

Fannie Mae (FNM) - Support = $0.20 - Resistance $0.30

New 52 Week Highs - Wednesday

Internet Initiative Japan Inc. (IIJI)
Banco Santander-Chile (SAN)

New 52 Week Lows - Wednesday

Affymetrix Inc. (AFFX)
Allos Therapeutics, Inc. (ALTH)
Barnes & Noble, Inc. (BKS)
CBOE Holdings, Inc. (CBOE)
O'Charley's Inc. (CHUX)
China Sky One Medical, Inc. (CSKI)
Energy Conversion Devices, Inc. (ENER)
Excel Maritime Carriers, Ltd. (EXM)
Geron Corporation (GERN)
General Maritime Corp. (GMR)
Hot Topic Inc. (HOTT)
Myriad Genetics Inc. (MYGN)
Orexigen Therapeutics, Inc. (OREX)
Sigma Designs, Inc. (SIGM)
Shanda Interactive Entertainment Ltd. (SNDA)
Sonic Corp. (SONC)
Tesla Motors, Inc. (TSLA)
Vanda Pharmaceuticals, Inc. (VNDA)
Verizon Communications Inc. (VZ)

Other Stocks to Watch - 7/8/10

Netlist Inc. (NLST)
Zanett Inc. (ZANE)
US Airways Group, Inc. (LCC)
Central European Distribution Corp. (CEDC)
PolyOne Corporation (POL)
Solarfun Power Holdings Co. Ltd. (SOLF)
Taseko Mines Ltd. (TGB)
Energy Conversion Devices, Inc. (ENER)
Hercules Offshore, Inc. (HERO)
Bank of America Corp. (BAC)
NexMed, Inc. (NEXMD)
Power-One Inc. (PWER)
Tesla Motors (TSLA)
InfoLogix, Inc. (IFLG)
Direxion Daily Financial Bear 3X Shares (FAZ)
Continental Airlines, Inc. (CAL)
Green Mountain Coffee Roasters Inc. (GMCR)
Las Vegas Sands Corp. (LVS)
Pier 1 Imports Inc. (PIR)
Netflix, Inc. (NFLX)
MBIA Inc. (MBI)
Transocean Ltd. (RIG)
Vonage Holdings Corporation (VG)
Research In Motion Ltd. (RIMM)
Palm, Inc. (PALM)
DryShips, Inc. (DRYS)
Delcath Systems Inc. (DCTH)
First Solar, Inc. (FSLR)
Daily Finan. Bull 3X Shs(ETF)(FAS)
Huntington Bancshares Inc. (HBAN)
MGM Mirage (MGM)
AMR Corporation (AMR)
Cree Inc. (CREE)
Cliffs Natural Resources Inc. (CLF)
Baidu, Inc. (BIDU)
SanDisk Corp. (SNDK)
InterOil Corporation (IOC)
Dendreon Corp. (DNDN)
Alcoa, Inc. (AA)
Somaxon Pharmaceuticals, Inc. (SOMX)
Potash Corp. of Saskatchewan, Inc. (POT)
Brigham Exploration Co. (BEXP)
Bank of Ireland (IRE)
UAL Corporation (UAUA)
Las Vegas Sands Corp. (LVS)
Caterpillar Inc. (CAT)
E*TRADE Financial Corporation (ETFC)
CROCS Inc. (CROX)
American Intl Group, Inc. (AIG)
Origin Agritech Limited (SEED)
Allied Irish Banks plc (AIB)

Penny Stocks to Watch - 7/8/10

TIB Financial Corp. (TIBB)
First Bancorp (FBP)
USA Technologies Inc. (USAT)
Bionovo, Inc. (BNVI)
BluePhoenix Solutions Ltd. (BPHX)
Akeena Solar, Inc. (AKNS)
Advanced Photonix Inc. (API)
Hauppauge Digital Inc. (HAUP)
Sirius XM Radio Inc. (SIRI)
Jones Soda Co. (JSDA)
Nextwave Wireless Inc. (WAVE)
Sunesis Pharmaceuticals Inc. (SNSS)
GenVec Inc. (GNVC)
Blue Dolphin Energy Co. (BDCO)
Cell Therapeutics, Inc. (CTIC)
Cyclacel Pharmaceuticals, Inc. (CYCC)
Antigenics Inc. (AGEN)
Rite Aid Corp. (RAD)
Rentech, Inc. (RTK)
Samson Oil & Gas Limited (SSN)
Ambac Financial Group, Inc. (ABK)
Crystallex International Corp. (KRY)
Discovery Laboratories Inc. (DSCO)
Hemispherx Biopharma, Inc. (HEB)
Adeona Pharmaceuticals, Inc. (AEN)
Radient Pharmaceuticals Corporation (RPC)
Star Scientific, Inc. (CIGX)
Freddie Mac (FRE)
Fannie Mae (FNM)
Blockbuster Inc. (BBI)
Pacific Ethanol, Inc. (PEIX)
Discovery Laboratories Inc. (DSCO)
Delta Petroleum Corp. (DPTR)
Beacon Power Corporation (BCON)
Hemispherx Biopharma, Inc. (HEB)
Generex Biotechnology Corp. (GNBT)
Capstone Turbine Corp. (CPST)
YRC Worldwide Inc. (YRCW)
Helicos BioSciences Corporation (HLCS)
Pacific Ethanol, Inc. (PEIX)
Jones Soda Co. (JSDA)
YRC Worldwide Inc. (YRCW)
GenVec, Inc. (GNVC)
Adeona Pharmaceuticals, Inc. (AEN)
Rexahn Pharmaceuticals, Inc. (RNN)
CombinatoRx, Incorporated (CRXX)
Conolog Corp. (CNLG)
CytRx Corporation (CYTR)
CEL-SCI Corp. (CVM)
Level 3 Communications Inc. (LVLT)
Converted Organics Inc. (COIN)
XOMA Ltd. (XOMA)
Borders Group, Inc. (BGP)

OTC Pink Sheets Stocks to Watch - 7/8/10

Discuss these stocks at http://stockstobuy.org

Nephros Inc. (NEPH.OB)
US Wireless Online Inc. (UWRL.PK)
Electric Car Company, Inc. (ELCR.OB)
Blue Gem Enterprise (BGEM.OB)
Elysium Internet Inc. (EYSM.PK)
Green Oasis Environmental, Inc (GRNO.PK)
GREEN EARTH TECHNOLOGIES (GETG.PK)
Jedi Mind, Inc. (JEDM.PK)
NW Tech Capital, Inc (NWTT.PK)
Imaging3 Inc. (IMGG.OB)
OMDA OIL AND GAS (OOAG.PK)
GoIP Global, Inc. (GOIG.PK)
Visteon Corp. (VSTNQ.PK)
China Crescent Enterprises, Inc. (CCTR.OB)
Enviroxtract, Inc. (EVXA.PK)
Genta Incorporated (GETA.OB)
Big Bear Mining Corp. (BGBR.OB)
Smurfit-Stone Container Corp. (SSCCQ.PK)
KAT Exploration Inc. (KATX.PK)
O2 Secure Wireless Inc. (OTOW.PK)
SEBASTIAN RIVER HOLDINGS (SBRH.PK)
ATLANTIS TECHNOLOGY GROUP (ATNP.PK)
ENCOUNTER TECHNOLOGIES (ENTI.PK)
US Microbics Inc. (BUGS.PK)
BioElectronics Corporation (BIEL.PK)
Washington Mutual Inc. (WAMUQ.PK)
SpongeTech Delivery Systems, Inc. (SPNG.PK)
Cord Blood America Inc. (CBAI.OB)
Zevotek, Inc. (ZVTK.OB)

Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Hot OTC Stocks - Stocks for 2010

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/