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 June 19, 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 - 6/19/09 - Stock Market IdeasDirexion Daily Financial Bear 3X Shares (FAZ)Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock continues to bounce off the $8.60 level with Thursday's low being $8.65. This is a strong support level that was breached on Wednesday morning but as soon as FAS got back above $8.60, it ran to $9.15. I continue to trade FAS now that it has sold off but I would not be buying the stock in the $9's. I'd rather wait for a new run up in FAS toward $10 and buy FAZ. Resistance for FAS is located between $9.20-$9.23, then up to $9.82-$10.
Citigroup Inc (C:NYSE) - Citigroup stock tested $3 again in Thursday and held. A break below $3 will raise some eyebrows and red flags so if you are trading C stock right now, be cautious. I will be buying Citigroup as soon as it breaks $4 again and will be adding to my position when it closes above $4. I only like to buy strength.
Bank of America Corp ( BAC ) - Bank of America Corporation hit $12.95 on Thursday. BAC stock is now above the 10 day moving average once again. Keep an eye on the 200 day moving average located at $14.02, if B of A can close above this level, you can see an additional spike to the upside. Stop loss orders should now be set at $12 which was near yesterday's low.
Wells Fargo & Company ( WFC ) - Wells Fargo & Co. stock has been weak over the past month. Guy Adami thinks WFC stock could fall to $22, John Najarian thinks it will fall through $22 like a hot knife through butter and fall to $20. At $20, Wells Fargo would become a strong buy in my book!
Research In Motion Ltd. (RIMM) - RIMM reports earnings tonight, there has been weakness in RIMM shares over the past few weeks. At this point, RIMM would have to have stunning guidance to get back into the $80's tonight. I am cautious and think everything is already priced in at the moment. What I don't like is people thinking RIMM is expensive because it's up over 100% in the past 3 months. RIMM stock is down from the $120's in 2008....that is the right way to look at things. Investors had 5 different times to buy at panic prices below $40.
SLM Corp. (SLM) - Jim Cramer thinks Sallie Mae should be trading at $9-$10, not $8. Shares are jumping a tad on this news.
FuelCell Energy Inc. (FCEL) - A guest on CNBC came on the air and endorsed FCEL stock has his hidden trade. If natural gas prices jump higher, FCEL stands to benefit. Do some research on this company.
Stocks To Watch - June 19, 2009National Penn Bancshares Inc. (NPBC)Molecular Insight Pharmaceuticals, Inc. (MIPI)AspenBio Pharma Inc. (APPY)Fuel Systems Solutions, Inc. (FSYS)Fuqi International, Inc. (FUQI)Novavax, Inc. (NVAX)Melco Crown Entertainment Ltd. (MPEL)Hemispherx Biopharma, Inc. (HEB) - Waiting FDA approval - Ampligen
Penny Stocks to Watch - 6/19/09Eddie Bauer Holdings, Inc. (EBHI)Aastrom Biosciences, Inc. (ASTM)Star Scientific, Inc. (STSI)Barzel Industries Inc. (TPUT)Vonage Holdings Corporation (VG)Tower Semiconductor Ltd. (TSEM)Axesstel Inc. (AFT)TerreStar Corporation (TSTR)Citizens Republic Bancorp, Inc (CRBC)Cell Therapeutics, Inc. (CTIC)OTC & Pink Sheets Stocks to Watch - 6/19/09Discuss these at
http://stockstobuy.orgeDOORWAYS Corporation (EDWY.PK)SALAMON GROUP, INC. (SLMU.OB)SpongeTech Delivery Systems, Inc. (SPNG.OB)MAGELLAN ENERGY NEW (MGLG.PK)Genio Group Inc. (GNOI.OB)BEACON REDEVELOPMENT (BCND.PK)Empire Energy Corporation International (EEGC.OB)Paradigm Medical Industries Inc. (PDMI.OB)Ingen Technologies, Inc. (IGNT.PK)Nephros Inc. (NEPH.OB)Enhance Skin Products Inc. (EHSK.OB)Today's Biggest
Stock Market Gainers - Top 2009
Stock Gainers - Top 2009
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