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 September 11 , 2009. Also, check out the
Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports -
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www.stockstobuy.orgStocks to Watch - 9/11/09 - Stock Market IdeasAmerican Intl Group, Inc. (AIG) - AIG traded down to $36.80 Thursday morning and then ran the whole way up through $40. This was a huge move and is why AIG failed when it broke up through $40. Nevertheless, AIG went from $40 to $40.75 in about 1 minute so it was very profitable. From this point on, I only like AIG above $40. I will buy again when it breaks up through $40 and add more if it breaks $40.75. As always, I keep tight stops in place in case the trade goes against me. If AIg can close over $40, it has a good shot at retesting the mid $43's.
Citigroup Inc (C:NYSE) - Citigroup hit a low of $4.53 Thursday morning and then hovered near $4.60 for most of the morning. The volume has been very low on the downside which is a great sign. Support continues to be located at $4.50 with resistance being $4.80 which is the 10 day moving average. I plan to buy more Citigroup when the stock can close back over the 10 day.
Chesapeake Energy Corporation (CHK) - Natural Gas prices have been soaring all week and CHK is retesting the MAJOR resistance level of $25. I haven't seen a more stubborn resistance level in years like the $25 level on CHK. Ever since CHK closed below $25 in October 2008, CHK has had 9 failed closing attempts above $25. When CHK finally closed above $25, I will start a long position and add on any weakness.
DryShips, Inc. (DRYS) - DRYS failed again in the $6.50's Thursday but didn't have a sell off like previous run ups. This has me thinking the surge on Wednesday could be for real. Drys has resistance at the 200 day moving average located at $6.91 as well as the July 2009 high of $7.10. A close above $7 would get me to buy more DRYS stock.
Research In Motion Ltd. (RIMM) - Looks like RIMM is ready to surge again....the stock is back over all three major moving averages and closed over $78 for the past two days. If RIMM can close over $80.59, I think it can retest the June high of $86.
Rentech, Inc. (RTK) - Have been watching RTK for awhile...took a small position due to the base the stock as been forming. Any positive Jet Fuel news could send this stock soaring 15-25% instantly. If RTK breaks $2.10, I will add to my position.
SIRIUS XM Radio Inc. (SIRI) - Watching Resistance at $0.70 & $0.75. A break above $0.70 will get SIRI moving...a close above $0.75 will bring back the momentum traders.
Las Vegas Sands Corp. (LVS) - LVS received what appeared to be a downgrade by Citigroup on Thursday. Citigroup slapped a $13 price target on the stock and that is why it was trading down. Looking to buy a pullback to the 10 day moving average located at $15 if there is one. $17.03 is now resistance.
Direxion Daily Financial Bear 3X Shares (FAZ)Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to surge and is on its way back to $80. I only buy FAZ when FAS breaks below $74.73. I would also buy more FAZ if FAS breaks Thursday low of $72.85. FAS has the momentum right now so don't try to fight the tape.
Cell Therapeutics, Inc. (CTIC) - Looking to buy CTIC for a trade if it breaks above $1.56
Hemispherx Biopharma, Inc. (HEB) - Resistance $2.15
Bank of America Corp ( BAC ) - Bank of America Corporation continues to fail above the 10 day moving average which is now down to $17.11. As soon as the stock closes back over this level, I think you will see money pour back into the stock.
Other Stocks to Watch - September 11, 2009Quest Energy Partners, L.P. (QELP)Dynavax Technologies Corporation (DVAX)Xyratex Ltd. (XRTX)NCI Building Systems Inc. (NCS)UAL Corporation (UAUA)
Toreador Resources Corp. (TRGL)Furniture Brands International Inc. (FBN)
YRC Worldwide Inc. (YRCW)Zix Corp. (ZIXI)
US Airways Group, Inc. (LCC)General Moly, Inc. (GMO)ATP Oil & Gas Corp. (ATPG)Exide Technologies (XIDE)The Talbots Inc. (TLB)USEC Inc. (USU)Skyworks Solutions Inc. (SWKS)Clearwire Corporation (CLWR)Kodiak Oil & Gas Corp. (KOG)Delta Petroleum Corp. (DPTR)Unisys Corporation (UIS)AMR Corporation (AMR)Penny Stocks to Watch - September 11, 2009MIND C.T.I., Ltd. (MNDO)Leading Brands Inc. (LBIX)Quest Resource Corp. (QRCP)Samson Oil & Gas Limited (SSN)Cano Petroleum, Inc. (CFW)Generex Biotechnology Corp. (GNBT)DARA BioSciences, Inc (DARA)Entravision Communications Corp. (EVC)VIA Pharmaceuticals, Inc. (VIAP)Vertro, Inc. (VTRO)Inhibitex Inc. (INHX))
HSW International, Inc. (HSWI)Teton Energy Corp. (TEC)Mesa Air Group Inc. (MESA)Ambassadors International Inc. (AMIE)Corcept Therapeutics Inc. (CORT)Pinnacle Gas Resources, Inc. (PINN)Aeterna Zentaris Inc. (AEZS)Telkonet, Inc. (TKO)Edge Petroleum Corp. (EPEX)RAM Energy Resources, Inc. (RAME)Newcastle Investment Corp. (NCT)Abraxas Petroleum Corp. (AXAS)OTC Pink Sheets Stocks to Watch - 9/11/09Discuss these stocks at
http://stockstobuy.orgGLOBAL IT HLDGS NEW (GITH.PK)Juniper Group Inc. (JNIP.OB)Jedi Mind, Inc. (JEDM.PK)NuMobile, Inc. (NUBL.OB)BIOCUREX INC (BOCX.OB)Rockelle Corp. (RKLC.PK)Russell Industries Inc. (RIND.PK)XSUNX Inc. (XSNX.OB)Sun Tzu, Corp. (STZU.PK)
Health Enhancement Products Inc. (HEPI.OB)
Solanex Management Inc (SLNX.OB)Municipal Mortgage & Equity, LLC (MMAB.PK)Verify Smart Corp. (VSMR.OB)Manhattan Scientifics, Inc. (MHTX.OB)Bell Microproducts Inc. (BELM.PK)Nutra Pharma Corporation (NPHC.OB)
BIO-key International Inc. (BKYI.OB)LASER ENERGETICS INC (LNGT.PK)Universal Detection Technology (UNDT.OB)IJJ Corp. (IJJP.PK)Nephros Inc. (NEPH.OB)Solanex Management Inc (SLNX.OB)LandStar, Inc. (LDSR.PK)Cardiac Network, Inc. (CNWI.PK)Today's Biggest
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The following is technical analysis on Discovery Laboratories Inc. (DSCO) for September 11, 2009.
