Hot Penny Stocks 4/2/09 April 2, 2009

Today, 4/2/09, there are a few penny stock gainers breaking out to the upside. Be sure to check out the Top 2009 Penny Stock Gainers on the NYSE, Nasdaq, and AMEX. We tend to stay away from OTC and Pink Sheets stocks, especially in this environment! You can find ALL Penny Stock Reports Here

Penny Stock Gainers - April 2, 2009

Georgia Gulf Corp. (GGC) - $1.29 Up 50.00% - No News

Hovnanian Enterprises Inc. (HOV) - $1.87 Up 16.87% - Homebuilders jumping today, check out BZH as well.

Conseco Inc. (CNO) - $1.18 Up 9.26% - CNO has doubled in 4 trading sessions - Conseco amends credit facility, shares soar

American International Group ( AIG ) - $1.20 Up 12.15% - AIG rising on anticipation of the easing of mark to market accounting rules.

Cell Therapeutics ( CTIC ) - $0.39 Up 8.64% - CTIC stock is at it again in pre market as the stock market futures are surging. If CTIC closed back over $0.50, you could see additional fireworks out of this stock.

Other Penny Stock Gainers:

Delta Petroleum Corp. (DPTR)
Sonic Automotive Inc. (SAH)
Unisys Corporation (UIS)
Airspan Networks Inc. (AIRN)
Select Comfort Corporation (SCSS)
Corus Bankshares Inc. (CORS)
Endeavour International Corporation (END)
Elixir Gaming Technologies, Inc. (EGT)
IA Global, Inc. (IAO)
Aurora Oil & Gas Corp. (AOG)
Elite Pharmaceuticals Inc. (ELI)
Insite Vision Inc. (ISV)


Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Changyou.com CYOU Stock IPO 4/2/09

Hey, we have an IPO that has priced very strong overnight. Changyou.com ( CYOU ) stock will start trading this morning on the Nasdaq. Keep an eye out for this one!

Changyou.com Ltd. priced at the top of its estimated price range for its U.S. stock market debut on Thursday as the gaming spinoff from Sohu.com drew strong support as the first initial public offering since February.

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks


For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Baltic Dry Index Shipping Rates 4/2/09 BDI

The following is a report on Dry Bulk Shipping Rates for 4/2/09. This data is critical for how the DryBulk Shipping Stocks such as DryShips ( DRYS ), Excel Maritime Carriers ( EXM ), Diana Shipping ( DSX ), Genco Shipping ( GNX ), TBS International ( TBSI ), Navios Maritime ( NM ), and OceanFreight ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world economy has come to a screeching halt!
http://dryindex.com/

Dry Bulk Shipping Rates - April 2, 2009 - Down 17 Straight Days

Baltic Dry Index ( BDI ) - 1538 Down 36
Spot 4 - TC Average - 17453 Down 359
Baltic Cape Index ( BCI ) - 2001 Down 38
Baltic Panamax Index ( BPI ) - 1233 Down 60
Supramax Index ( BSI ) - 1250 Down 18
Past Bulk Shipping Rates

For More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE

Bank Stocks 4/2/09 April 2, 2009 - FAS

Bank stocks are rallying today after Asian Markets were very strong on hopes there will be a suspension of some of the mark to market accounting rules. The financials below are going to open VERY strong.

Bank Stock Update - 4/2/09 - Pre Market Trading


HSBC ( HBC ) - $33.30 Up 12.84% - HSBC shares surge along with Asian stocks.

American International Group ( AIG ) - $1.18 Up 10.28% - Ex AIG CEO Hank Greenberg set to testify before congress today. AIG problems not his fault, says Greenberg - WSJ. AIG is gapping over both moving averages this morning, very bullish, lets see if AIG stock is strong enough to close over these two levels $1.20, $0.90.

Financial Bull 3x ( FAS ) - $6.72 Up 13.13% -FAS is gapping up huge, watch $6.62 which is the 50 day moving averages.

Citigroup ( C ) - $2.94 Up 9.70% - Citigroup is spiking toward $3, a close over $3 would be huge!

Bank of America ( BAC ) - $7.76 Up 10.07% - CEO Ken Lewis was on CNBC this morning making some positive comments on his company.

Fannie Mae ( FNM ) - $0.75 Up 10.37%

Wells Fargo ( WFC ) - $15.45 Up 6.70%

General Electric ( GE ) - $10.60 Up 4.23% - GE back above $10.50, watch $11 today

Financial Bear 3x ( FAZ ) - $17.19 Down 11.80%

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

1 and 3 Month Libor Rates - 4/2/09 - Today's Libor Rates

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 4/2/09, are: 1 Month Libor Rate - 0.489%. & 3 Month Libor Rate - 1.166%. The overnight Libor rate is 0.290%. As you can see, Libor Rates have changed today, April 2, 2009. All three libor rates dropped.

Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Dow Jones Futures 4/2/09 Stock Market Futures

How will the stock market open on Thursday - April 2, 2009? The Dow Jones and Stock Market Futures are pointing toward a lower open for pre market. Check out technical analysis for April 2.

Check out the MGM News & HBAN News - two afterhours gainers

The Stock Market is up big in anticipation of the FASB rule change.

Stock Market Futures 4/2/09 - Pre Market Trading - 7:20am Est

Dow Jones Futures - Up 138
S&P 500 Futures - Up 16
Nasdaq Futures - Up 24
Nikkei - 8720 Up 368
Oil Futures - 51.28
Gold Futures - 918

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

FAS - FAZ Stock Analysis April 2, 2009

The Direxion Financial Bull 3X Shares EFT ( FAS ) and the Direxion Financial Bear 3X Shares EFT ( FAZ ) have been very active over the past six months. The following is technical analysis on Financial Bull ( FAS ) for 4/2/09. Knowing the support and resistance levels of FAS will help you trade FAZ.

Fas Support and Resistance Levels - April 2, 2009

Resistance Levels: $6.00, $6.62, $7.00

Support Levels: $5.50, $5.00, $4.80, $.60

http://stockcharts.com - Chart

Since the crash back below the 10 day moving average on Monday, FAS is right back hitting up against the $6.00 level which is now resistance. A close over $6.00 will be a step in the right direction for FAS stock but the real test will continue to be at the 50 day moving average. When I see FAS break the 50 day moving average, I will get back into the stock. So far, FAS has failed to break the 50 day moving average since becoming an ETF. As for FAZ, I will be jumping into FAZ if FAS breaks back below $5.00 again. These two stocks are the only stocks I trade now. They have all the volatility you need!

For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Citigroup C Stock 4/2/09 April 2, 2009

The following is a little Citigroup ( C ) stock technical analysis for April 2, 2009.

Citigroup Support & Resistance Levels - 4/2/09

Resistance Levels: $2.73, $3.00, $3.35, $3.89

Support Levels: $2.40, $2.20

http://stockcharts.com

Citigroup has closed under both the 10 & 50 day moving averages for the 4th straight day. A close back above these two levels $2.70, $2.73 would be very bullish from a technical point of view. I am waiting for Citi stock to break back above $3 before for I buy however.
On the downside, Citigroup has solid support around $2.40. I've noticed buyers lining up in droves at this level. Keep an eye on volume, the next major move will be tipped off by heavy volume. For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Apple AAPL Stock Analysis April 2 2009

The following is technical analysis for Apple ( AAPL ) stock for April 2, 2009.

Apple Support and Resistance Levels: 4/2/09

Resistance - $58, $60

Support - $54, $52.50, $50

http://stockcharts.com/ - Chart

After making the high at $110, Apple ( AAPL ) stock is bouncing off the 10 day moving average and holding. This is a very bullish sign. Apple is getting ready to make a big move soon. Watch for a break above $110 for more upside, watch a close below the 10 day moving average for a retest of $95-$100. I continue to believe the new range for Apple should be between $95-$115.....the $80's are history unless we have another leg down in the stock market.

For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Visa V Stock Analysis 4/2/09 April 2 2009

The following is technical analysis for Visa ( V ) stock for April 2, 2009.

Visa Support and Resistance Levels: 4/2/09

Resistance - $58, $60

Support - $54, $52.50, $50

http://stockcharts.com/ - Chart

Visa continues to trend along with the 10 day moving average, most importantly, above the 50 day moving average. When Visa starts to break out to the upside again, it will be a big move into the $60's. This could actually happen right before or after their next earnings report. I am waiting for a close over $58 as a sign Visa stock is ready to rock. Also, watch for a close above the 200 day moving average, this will be the first time ever! On the downside, I would be selling a close under $52.50. For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free