By Tim - http://stockstobuy.org
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 October 22, 2010. Also, check out some of the biggest stock gainers of the Day, Top 2010 Stock Gainers , Hot Stock Market News, and Day Trading Tips.
Today we will be discussing the following stocks: Direxion Daily Financial Bear 3X Shares (FAZ) - Daily Finan. Bull 3X Shs(ETF)(FAS) - Sirius XM Radio (SIRI) - American Intl Group, Inc. (AIG) - China Shen Zhou Mining & Resources, Inc. (SHZ) - Rare Element Resources Ltd. (REE) - Las Vegas Sands Corp. (LVS) - Bank of America Corp (BAC)
Stocks to Watch - 10/22/10 - Stock Market Trading Ideas
China Shen Zhou Mining & Resources, Inc. (SHZ) - Shares of China Shen Zhou Mining & Resources, Inc. (SHZ) began the day lower on Thursday and then ripped up to $4.60. SHZ will continue to have resistance located between $4.50-$4.60 but would be interesting on pullbacks below $3.50 for a trade. Discuss SHZ
Rare Element Resources Ltd. (REE) - Shares of Rare Element Resources Ltd. are also worth watching if you are looking to swing trade. I like REE on pullbacks below $10 for a bounce trade. Discuss REE
Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS hit the $23's on Thursday but then went red. Pullbacks into the $21's can probably be bought for a trade but I am waiting for sub $18, and yes, I've been waiting for awhile!
Bank of America Corp (BAC) - Bank of America Corp will now have resistance located at $12. If Bank of America would break below $11, we could see $10 tested. This would probably cause the stock market to decline.
Sirius XM Radio (SIRI) - Shares of Sirius XM Radio went down on Thursday. Sirius XM Radio continues to have resistance between $1.40-$1.43. Sirius XM Radio is a strong buy on pullbacks below $1.15.
American Intl Group, Inc. (AIG) - American Intl Group, Inc. was back trading near $42 on Thursday. This stock does not have any major resistance until $45.
Las Vegas Sands Corp. (LVS) - Shares of Las Vegas Sands Corp. (LVS) fell in the afternoon on Thursday. Las Vegas Sands has resistance located at $40 and support at $36.49.
Companies Reporting Earnings - 10/22/10
AirTran Holdings Inc. (AAI)
Honeywell International Inc. (HON)
Ingersoll-Rand Plc (IR)
KeyCorp (KEY)
Popular Inc. (BPOP)
RAIT Financial Trust (RAS)
Schlumberger Limited (SLB)
LM Ericsson Telephone Co. (ERIC)
Verizon Communications Inc. (VZ)
Wipro Ltd. (WIT)
Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Hot OTC Stocks - Stocks for 2010
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