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 August 5, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here
Pre Market - 8/5/10
GT Solar International, Inc. (SOLR) - GT Solar International, Inc. Reports Results for First Quarter Fiscal Year 2011
Amkor Technology, Inc. (AMKR) - Amkor Technology Reports Second Quarter 2010 Financial Results
Dyax Corp. (DYAX) - Data from First Phase 3 Trial (EDEMA3®) for KALBITOR® (ecallantide) Published in The New England Journal of Medicine
Top Stocks I am Watching Now - Goldman Sachs Group Inc. (GS) - Daily Finan. Bull 3X Shs(ETF)(FAS) - Direxion Daily Financial Bear 3X Shares (FAZ) - Bank of America Corp. (BAC) - American Intl Group, Inc. (AIG) - Baidu, Inc. (BIDU) - SIRIUS XM Radio Inc. (SIRI) - Research In Motion Ltd. (RIMM) - Dendreon Corp. (DNDN)
Stocks to Watch - 8/5/10 - Stock Market Investing Ideas
XOMA Ltd. (XOMA) - Shares of XOMA Ltd. soared on Wednesday and was one of the hottest stocks of the day. XOMA 052 Designated Orphan Drug by FDA for Treatment of Behcet's Disease. Xoma will have resistance located at $0.41 & $0.52.
Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group were higher on Wednesday after news broke that the company is getting ready to make a deal on their prop trading desk. Goldman Sachs could easily hit $160 off of this news in the next few days. Now you know why I liked Goldman Sachs so much in the $130's over the past 2 months.
Dendreon Corp. (DNDN) - Shares of Dendreon Corp. were on fire Wednesday after the company reported some provenge sales. Dendreon Corp will have resistance located at $40 & $40.62 but then nothing until around $45. Keep an eye on Dendreon over the next few weeks.
Bank of America Corp. (BAC) - Shares of Bank of America Corp. are now back above $14.00. Bank of America Corp. has resistance located at $14.65 as well as $14.92 which is the 50 day moving average. Pullbacks below $13.50 are a buy.
Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS failed at $24 again on Wednesday and is starting to look tired. A five point move in the last month has traders beginning to take profits. While I still wouldn't buy FAZ right now, I'd be looking to FAS below $20 if we saw a correction.
Baidu, Inc. (BIDU) - Shares of Baidu, Inc. continue to soar on better than expected earnings results two weeks ago. Baidu has resistance located at $90 and I'd begin taking profits at that level.
Stocks to Watch for Daytrading - YRC Worldwide Inc. (YRCW) - Ambac Financial Group, Inc. (ABK) - Pacific Ethanol, Inc. (PEIX) - OceanFreight, Inc. (OCNF) - Samson Oil & Gas Limited (SSN) - Bank of Ireland (IRE) - DryShips, Inc. (DRYS) - Allied Irish Banks plc (AIB) - Somaxon Pharmaceuticals, Inc. (SOMX)
YRC Worldwide Inc. (YRCW) - Shares of YRC Worldwide Inc. bounced slightly on Wednesday but have really dropped from the $0.46 in pre market on Tuesday. I'd be avoiding YRC Worldwide unless the stock can trade back above $0.40.
Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. are now back below the 10 & 50 day moving averages. I would not touch Ambac stock until it breaks back above $0.87. Earnings should be coming out any day now.
Sirius XM Radio (SIRI) - Shares of Sirius XM Radio are now starting to form a base above $1.00. The next major resistance level for Sirius XM Radio is located at $1.10. Pullbacks to $0.90 are a buy. SIRI reported better than expected earnings on Wednesday.
American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. are back above $40 again and are still high on my watchlist. AIG acted well above $40 on Monday and the stock could be ready to make another leg higher. Pullbacks below $38 are a buy.
Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. are rising back to the 200 day moving average located at $24.27. If Cisco Systems can close above this level and stay above it, I think the next move will be to $25-$26.
Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are back above $7.50 but barely. The stock is in a major downtrend as well. I'd be a buyer of Advanced Micro Devices if the stock would fall to $6.50.
Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd continue to drop as negative middle east news is effecting the stock. United Arab Emirates wants to ban all blackberry devices. I'd be a buyer of Research in Motion below $50 for the long term.
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.
First Solar, Inc. (FSLR) - First Solar, Inc. had bullish options activity on Wednesday and could signal someone out there is looking at the company for a takeover.
New 52 Week Highs - Wednesday
Baidu, Inc. (BIDU)
BorgWarner Inc. (BWA)
Ceradyne Inc. (CRDN)
Salesforce.com (CRM)
Citrix Systems, Inc. (CTXS)
Dupont (DD)
EMC Corporation (EMC)
Hasbro Inc. (HAS)
IAC/InterActiveCorp. (IACI)
Intuit Inc. (INTU)
Las Vegas Sands Corp. (LVS)
Altria Group Inc. (MO)
NetApp, Inc. (NTAP)
OpenTable, Inc. (OPEN)
priceline.com Incorporated (PCLN)
Sunoco Inc. (SUN)
VMware, Inc. (VMW)
Earnings on Thursday
Alkermes, Inc. (ALKS)
Altair Nanotechnologies, Inc. (ALTI)
Avanir Pharmaceuticals (AVNR)
Barclays PLC (BCS)
Beazer Homes USA Inc. (BZH)
BioCryst Pharmaceuticals, Inc. (BCRX)
Blue Nile Inc. (NILE)
Cablevision Systems Corporation (CVC)
Cell Therapeutics, Inc. (CTIC)
CF Industries Holdings, Inc. (CF)
CIGNA Corporation (CI)
Consolidated Edison Inc. (ED)
CROCS Inc. (CROX)
DepoMed Inc. (DEPO)
Diana Shipping Inc. (DSX)
Foster Wheeler AG (FWLT)
Frontier Oil Corp. (FTO)
Fuel Systems Solutions, Inc. (FSYS)
GenVec, Inc. (GNVC)
Hansen Natural Corporation (HANS)
Hoku Corporation (HOKU)
Incyte Corporation (INCY)
Kodiak Oil & Gas Corp. (KOG)
Kraft Foods Inc. (KFT)
Liz Claiborne Inc. (LIZ)
MetroPCS Communications, Inc. (PCS)
MF Global Holdings Ltd. (MF)
Nanometrics Incorporated (NANO)
Randgold Resources Ltd. (GOLD)
Rio Tinto plc (RTP)
Sequenom Inc. (SQNM)
Time Warner Cable Inc. (TWC)
Walt Disney Co. (DIS)
Xenoport, Inc. (XNPT)
Other Stocks to Watch - 8/5/10
Web.com Group, Inc. (WWWW)
Emmis Communications Corp. (EMMS)
Approach Resources, Inc. (AREX)
Priceline.com Incorporated (PCLN)
DepoMed Inc. (DEPO)
Dendreon Corp. (DNDN)
Perfect World Co., Ltd. (PWRD)
Biodel Inc. (BIOD)
Acme Packet, Inc. (APKT)
Cognizant Technology Solutions Corp. (CTSH)
Bank of America Corp. (BAC)
Daily Finan. Bull 3X Shs(ETF)(FAS)
Zanett Inc. (ZANE)
Netflix, Inc. (NFLX)
Origin Agritech Limited (SEED)
Bank of Ireland (IRE)
Potash Corp. of Saskatchewan, Inc. (POT)
MBIA Inc. (MBI)
DryShips, Inc. (DRYS)
InfoLogix, Inc. (IFLG)
Clean Energy Fuels Corp. (CLNE)
Green Mountain Coffee Roasters Inc. (GMCR)
DayStar Technologies Inc. (DSTI)
VIVUS Inc. (VVUS)
Geron Corporation (GERN)
Cree Inc. (CREE)
Star Scientific, Inc. (CIGX)
Arena Pharmaceuticals, Inc. (ARNA)
Genzyme Corp. (GENZ)
Las Vegas Sands Corp. (LVS)
First Solar, Inc. (FSLR)
CROCS Inc. (CROX)
Direxion Daily Financial Bear 3X Shares (FAZ)
Continental Airlines, Inc. (CAL)
E*TRADE Financial Corporation (ETFC)
Somaxon Pharmaceuticals, Inc. (SOMX)
SanDisk Corp. (SNDK)
Research In Motion Ltd. (RIMM)
Energy Conversion Devices, Inc. (ENER)
Netlist Inc. (NLST)
F5 Networks, Inc. (FFIV)
Cliffs Natural Resources Inc. (CLF)
Baidu, Inc. (BIDU)
TASER International Inc. (TASR)
Allied Irish Banks plc (AIB)
Huntington Bancshares Inc. (HBAN)
Caterpillar Inc. (CAT)
Las Vegas Sands Corp. (LVS)
Pier 1 Imports Inc. (PIR)
UAL Corporation (UAUA)
Keryx Biopharmaceuticals Inc. (KERX)
Delcath Systems Inc. (DCTH)
MGM Resorts International (MGM)
Brigham Exploration Co. (BEXP)
US Airways Group, Inc. (LCC)
American Intl Group, Inc. (AIG)
InterOil Corporation (IOC)
AMR Corporation (AMR)
Alcoa, Inc. (AA)
Vonage Holdings Corporation (VG)
Penny Stocks to Watch - 8/5/10
XOMA Ltd. (XOMA)
Bank of Granite Corporation (GRAN)
Radio One Inc. (ROIAK)
American Oil & Gas Inc. (AEZ)
China Precision Steel, Inc. (CPSL)
Labopharm Inc. (DDSS)
YRC Worldwide Inc. (YRCW)
Delta Petroleum Corp. (DPTR)
Nextwave Wireless Inc. (WAVED)
Conolog Corp. (CNLG)
Rite Aid Corp. (RAD)
Rexahn Pharmaceuticals, Inc. (RNN)
Hemispherx Biopharma, Inc. (HEB)
Discovery Laboratories Inc. (DSCO)
EMCORE Corporation (EMKR)
Borders Group, Inc. (BGP)
Pacific Capital Bancorp (PCBC)
Antigenics Inc. (AGEN)
GenVec Inc. (GNVC)
Sirius XM Radio Inc. (SIRI)
Hemispherx Biopharma, Inc. (HEB)
Generex Biotechnology Corp. (GNBT)
Capstone Turbine Corp. (CPST)
Rentech, Inc. (RTK)
Cell Therapeutics, Inc. (CTIC)
Ambac Financial Group, Inc. (ABK)
Beacon Power Corporation (BCON)
Adeona Pharmaceuticals, Inc. (AEN)
Pacific Ethanol, Inc. (PEIX)
CytRx Corporation (CYTR)
GenVec, Inc. (GNVC)
Generex Biotechnology Corp. (GNBT)
YRC Worldwide Inc. (YRCW)
Jones Soda Co. (JSDA)
Hansen Medical, Inc. (HNSN)
OceanFreight, Inc. (OCNF)
Samson Oil & Gas Limited (SSN)
Cyclacel Pharmaceuticals, Inc. (CYCC)
Converted Organics Inc. (COIN)
Sunesis Pharmaceuticals Inc. (SNSS)
Blue Dolphin Energy Co. (BDCO)
OTC Pink Sheets Stocks to Watch - 8/5/10
Discuss these stocks at http://stockstobuy.org
American Security Resources Corp. (ARSC.PK)
STRATEGIC MANAGEMENT (SMPP.PK)
QSGI, Inc. (QSGIQ.PK)
Trans Global Group, Inc (TGGI.PK)
Elysium Internet Inc. (EYSM.PK)
Sierra Resource Group, Inc. (SIRG.OB)
Paid Inc. (PAYD.OB)
XSUNX Inc. (XSNX.OB)
Protocall Technologies Inc. (PCLI.PK)
TAMM OIL AND GAS CORP (TAMO.OB)
Health Discovery Corp. (HDVY.OB)
KAT Exploration Inc. (KATX.PK)
Liberty Star Uranium & Metals Corp. (LBSR.OB)
Ad Systems Communications, Inc. (ADSY.OB)
NW Tech Capital, Inc (NWTT.PK)
Constitution Mining Corp. (CMIN.OB)
STRATTON HOLDINGS INC (STHG.PK)
Avitar Inc. (AVTI.PK)
Fannie Mae (FNMA.OB)
Freddie Mac (FMCC.OB)
Smart-Tek Solutions Inc. (STTN.OB)
Genta Incorporated (GETA.OB)
GoIP Global, Inc. (GOIG.PK)
BioElectronics Corporation (BIEL.PK)
Washington Mutual Inc. (WAMUQ.PK)
OMDA OIL AND GAS (OOAG.PK)
China Crescent Enterprises, Inc. (CCTR.OB)
Electric Car Company, Inc. (ELCR.OB)
Artfest International, Inc. (ARTS.OB)
Imaging3 Inc. (IMGG.OB)
Enviroxtract, Inc. (EVXA.PK)
Genta Incorporated (GETA.OB)
Big Bear Mining Corp. (BGBR.OB)
Ecosphere Technologies, Inc. (ESPH.OB)
Chemtura Corporation (CEMJQ.PK)
Cord Blood America Inc. (CBAI.OB)
OriginOil, Inc. (OOIL.OB)
Blockbuster Inc. (BLOKA.PK)
China Tel Group Inc. (CHTL.OB)
Visteon Corp. (VSTNQ.PK)
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