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Wednesday, June 3, 2009

Stocks to Buy June 4, 2009 6/4/09

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 June 4, 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 - 6/4/09 - Stock Market Ideas

Antigenics Inc. (AGEN) - AGEN stock soared on Wednesday and is one the of hottest stocks on Wall Street right now. Over 45 million shares traded with AGEN holding up 78%. Pretty impressive. I am watching the $3.00 resistance level as well as the $3.32 high from Wednesday morning. Discuss AGEN. Antigenics Presents Positive Oncophage Interim Survival Data at ASCO.

Hemispherx Biopharma, Inc. (HEB) - HEB stock continues to soar ahead of the FDA decision on Ampligen. Watch for news out of this company expected within the next three trading days. Discuss HEB

Cell Therapeutics, Inc. (CTIC) - CTIC was looking weak after more news was released in pre market trading. CTIC could be ready for a correction back to the support level of around $1.56 or just trade sideways for awhile. Watch for another close over $1.85 which would be bullish. Discuss CTIC

Targeted Genetics Corp. (TGEN) - No News but a top gainer on Wednesday

Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS was very weak Wednesday but as of 2:30pm EST, did not hit my $9.30 target. If FAS stock gaps down in pre market on Thursday, I will look to buy it for a bounce trade. The next support level after $9.30 is $8.60. Wednesday's high was $10.01 so a break above that would be bullish. Discuss FAS

Citigroup Inc (C:NYSE) - Citigroup continues to be weak but hit support of around $3.32-$3.34 on Wednesday. The next support levels that would have to hold are $3.26 and then $3.05.

Bank of America Corp. (NYSE:BAC) - Bank of America was also weak Wednesday as it continues to stall before the next major move. Watching $10.50 on the downside and $12 on the upside.

Wells Fargo & Company (NYSE:WFC) - $24 has been a very solid support level for WFC stock. Guy Adami loves a pullback to $22 which he says would be a strong buy.

Research In Motion Ltd. (RIMM) - RIMM is having trouble in the low $80's. It is ok the buy RIMM under $80 with a stop at $77. A lot of the popular Wall Street traders have been piling into RIMM stock.

Dynavax Technologies Corporation (DVAX) - Interesting news out of DVAX Wednesday. Keep an eye on it for Thursday. Support appears to be in the $1.80's. Dynavax Presents Additional Phase 3 Data for HEPLISAVTM Hepatitis B Vaccine at DDW Medical Conference - Discuss DVAX

Other Stocks to Watch - June 4, 2009

TiVo Inc. (TIVO)
La-Z-Boy Inc. (LZB)
Atlas Pipeline Holdings LP (AHD)
Majesco Entertainment Co. (COOL)
Satyam Computer Services Ltd. (SAY)
Bob Evans Farms Inc. (BOBE)
Hub Group Inc. (HUBG)
China Housing and Land Development, Inc. (CHLN)
Human Genome Sciences Inc. (HGSI)
Applied Signal Technology, Inc. (APSG)
Qiao Xing Universal Telephone Inc. (XING)
Pinnacle Entertainment Inc. (PNK)
Direxion Daily Energy Bear 3X Shares (ERY)

Penny Stocks to Watch - 6/4/09

Gentium S.p.A (GENT)
Hana Biosciences, Inc. (HNAB)
DRI Corporation (TBUS)
Somaxon Pharmaceuticals, Inc. (SOMX)
Caraustar Industries Inc. (CSAR)
NaviSite Inc. (NAVI)
Angiotech Pharmaceuticals Inc. (ANPI)
Peregrine Pharmaceuticals Inc. (PPHM)

Neurogen Corp. (NRGN)
Oscient Pharmaceuticals Corp. (OSCI)
Petro Resources Corp. (PRC)
Cell Genesys, Inc. (CEGE)
AVI Biopharma, Inc. (AVII)
Altus Pharmaceuticals Inc. (ALTU)
Applied Energetics, Inc. (AERG)

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