Friday, 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 8, 2009. Also, check out the
Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports -
Right HereDiscuss Stocks -
www.stockstobuy.orgStocks to Watch - 6/8/09 - Stock Market IdeasCEL-SCI Corporation ( CVM ) - CVM stock was on fire during the afternoon Friday but was a headache during the morning hours. CVM finally broke through a quadruple top at $0.62 and broke through the high of day which was $0.71. The next major resistance levels to watch are the $0.78 from August 2008 and the $1.08 high from May 2007. CVM should continue to provide trading opportunities on Monday given the swift pullback after 2pm.
Discuss CVMXTENT, Inc. (XTNT) - XTNT continued to rip higher during the morning hours of Friday but sold off late in the day. I will still be watching this stock closely for a potential trading opportunity on Monday.
Palomar Medical Technologies Inc ( PMTI ) - FDA
approves Palomar's anti-wrinkle device; shares soar. Support is located around $16 with resistance at $20 and $21.10 from December 2007. This was some big news!!
Hemispherx Biopharma, Inc. (HEB) - HEB stock soared near $5 in early trading on Friday but then received a second negative article
written by Adam Feuerstein blogger from thestreet.com. HEB Investors are eagerly awaiting the FDA decision on their drug, Ampligen. I expect the ruling to be made public sometime early next week.
Discuss HEBCell Therapeutics, Inc ( CTIC ) - CTIC retraced back to $1.44 on Friday and then bounced into the $1.60's. All the positive news is out for now but continue to watch CTIC stock closely. A close over $1.85 would be bullish going forward.
Spongetech Delivery Systems, Inc. ( SPNG ) - SPNG.ob stock continues to be on fire. The infomercials on CNBC seem to be really working.
Discuss SPNG
Direxion Daily Financial Bear 3X Shares (FAZ)Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock ended up hitting the $11's today and is pulling back with the stock market. I am looking to buy at $10 with a stop at $9.82 which was Thursday's low. FAZ & FAS continue to offer great daily trading opportunities.
Citigroup Inc (C:NYSE) - Citigroup was back to was back to being a laggard in the financial sector. Support at $3.32-$3.34 needs to hold or another down leg will occur. Resistance at Friday's high of $3.67.
Bank of America Corporation (BAC:NYSE) - Bank of America had a nice break out on Friday. BAC stock hit a high of $12.33 and appears to be starting a new leg higher. All major pullbacks should be bought with a stop at $10.49
Other Stocks to Watch - June 8, 2009Real Goods Solar, Inc. (RSOL)Cadiz Inc. (CDZI)Jackson Hewitt Tax Service Inc. (JTX)Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA)RTI International Metals Inc. (RTI)American Woodmark Corp. (AMWD)Tenneco Inc. (TEN)Antigenics Inc. (AGEN)Penny Stocks to Watch - 6/8/09SteelCloud Inc. (SCLD)Genaera Corp. (GENR)Fairpoint Communications, Inc. (FRP)Generex Biotechnology Corp. (GNBT)Zila, Inc. (ZILA)Neurogen Corp. (NRGN)Nutrition 21 Inc. (NXXI)Adventrx Pharmaceuticals Inc. (ANX)Hollis-Eden Pharmaceuticals, Inc. (HEPH)Hythiam Inc. (HYTM)Nextwave Wireless Inc. (WAVE)ICAgen Inc. (ICGN)Altus Pharmaceuticals Inc. (ALTU)Xerium Technologies Inc. (XRM)Targeted Genetics Corp. (TGEN)Encorium Group Inc. (ENCO)Biopure Corp. (BPUR)GenVec Inc. (GNVC)Axcelis Technologies Inc. (ACLS)Thermogenesis Corp. (KOOL)Guaranty Financial Group Inc. (GFG)TerreStar Corporation (TSTR)Today's Biggest
Stock Market Gainers - Top 2009
Stock Gainers - Top 2009
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The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/8/09
