Monday, July 18, 2011

Best stock to buy july 19 2011, Stocks to Watch

Best stock to buy july 19 2011, Stocks to Watch : US sharemarkets fell on Monday but finished well off their lows. Banks were lower as investors were wary of contagion risks of the European debt crisis. Shares in Bank of America fell by 2.8pct. The Dow Jones fell by 94pts or 0.8pct after being down 183 points in early trade. The broader S&P 500 was lower by 0.8pct and the Nasdaq eased 24.7pts or 0.9pct. After the bell shares in IBM rose by 2.3pct after reporting revenues of US$26.7 billion, above the consensus forecast of US$25.35bn.

US treasuries fell modestly on Monday (yields higher) as investors elected to take some profits on recent gains, especially as shares recovered from session lows. US 2yr yields rose by 1pt to 0.367pct and US 10yr yields also rose by 1pt to 2.92pct.

Stock Market Investing Ideas for july 19 2011

Clean Energy Fuels Corp. (CLNE)
Clean Energy Fuels Corp. (CLNE) continues to trade around $16. CLNE will hit resistance located at $17.17.

Kodiak Oil & Gas Corp. (KOG)
Kodiak Oil & Gas Corp. was one of my best oil stock ideas for 2011. Kodiak Oil & Gas Corp. (KOG) is one of the up and coming companies in the Bakken Shale. KOG is back trading in the low $6's. KOG is a buy at below $5.50 from here on out. Discuss KOG

Samson Oil & Gas Limited (SSN)
SSN is now forming a base in the high $2's. SSN will have resistance located at $3.00. SSN is a buy below $2.70.

Paramount Gold and Silver Corp. (PZG)
Paramount Gold and Silver Corp. (PZG) is my Top Gold Stock for 2011. PZG seems to have found support in the low $3's. PZG will have resistance located at $3.50. PZG is a buy below $2.80.

American International Group, Inc. (AIG)
American International Group, Inc. (AIG) is now trading back below $28. AIG will have resistance at $31.79. AIG has support located at $25.

Sirius XM Radio (SIRI)
Sirius XM Radio (SIRI) traded up to $2.33 on Monday. Sirius XM Radio will now have support at $2.00. Sirius XM Radio is a strong buy on pullbacks below $1.60. SIRI will now have resistance located at $2.50.

Las Vegas Sands Corp. (LVS)
Las Vegas Sands Corp. (LVS) is now trading back below $45. Las Vegas Sands Corp will have resistance located at $47. Las Vegas Sands (LVS) is a buy below $36 for a swing trade.

Dryships Inc. (DRYS)
Dryships Inc. (DRYS) is now trading back below $4.00. The next major resistance level for Dryships is located at $4.10. Drys has support at $3.50.

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS)
Daily Finan. Bull 3X Shs(ETF)(FAS) is back into the $22's. FAS will have support located at $21 and resistance located at $26. FAS is a strong buy below $22 per share. I would be avoiding Direxion Daily Financial Bear 3X Shares (FAZ) right now.

Research In Motion Ltd. (RIMM)
Research in Motion Ltd (RIMM) continues to trade below $27. Research in Motion (RIMM) will now have support located at $25. Research in Motion (RIMM) will have resistance up at $27.58.

Cisco Systems, Inc. (CSCO)

Cisco Systems, Inc. (CSCO) is back in the low $15's. CSCO will have resistance around $16.04 now. Cisco Systems (CSCO) will have support down around $14.75. Cisco Systems is a strong buy below $17 for the long term. This stock will eventually come back with some patience.

Stocks to Watch for Daytrading - Samson Oil & Gas Limited (SSN) - Hyperdynamics Corp (HDY) - DryShips, Inc. (DRYS) - Arena Pharmaceuticals, Inc. (ARNA) - Bank of Ireland (IRE) - Cyclacel Pharmaceuticals, Inc. (CYCC) - Somaxon Pharmaceuticals, Inc. (SOMX) - Rediff.com India Ltd. (REDF) - Allied Irish Banks plc (AIB) - YRC Worldwide Inc. (YRCW) - China Shen Zhou Mining & Resources, Inc. (SHZ) - Limelight Networks, Inc. (LLNW) - Level 3 Communications Inc. (LVLT) - Jones Soda (JSDA)

Amazon.com Inc. (AMZN)
Amazon.com Inc. (AMZN) tested $210 on Monday. AMZN will hit resistance at $220. Pullbacks below $180 are a buy.

Level 3 Communications Inc. (LVLT)
Level 3 Communications Inc. (LVLT) is making a retest of It's 50 day moving average. Level 3 Communications (LVLT) is a buy below $2.00

Netflix, Inc. (NFLX)
Netflix, Inc. (NFLX) is trading in the $270's now after a pullback. Netflix Inc (NFLX) will have resistance located at $300 going forward. Netflix has support located at $275. Netflix Inc (NFLX) is a buy on pullbacks below $220.

Baidu, Inc. (BIDU)
Baidu, Inc. (BIDU) is back above $145 again. Baidu Inc will have resistance up at $147 & $150. Baidu has support located at $110. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back.

Oracle Corp (ORCL)
Oracle Corp (ORCL) is trading back below $32. ORCL will now have resistance located at $33.10 over the next week.

E-Commerce China Dangdang Inc. (DANG)
E-Commerce China Dangdang Inc. (DANG) is now trading around $11. DANG will have support located at $10 and resistance located at $11.70.

Advanced Micro Devices Inc. (AMD)
Advanced Micro Devices Inc. (AMD) is now trading below $6.50. Advanced Micro Devices Inc. will now have resistance located at $8.95. AMD will have support down at $6.30.

Goldman Sachs Group, Inc. (GS)
Goldman Sachs Group (GS) is trading below $130. Goldman Sachs (GS) will now face resistance around $135-$140. Goldman Sachs (GS) has support between $120-$125.

Potash Corp. of Saskatchewan, Inc. (POT)
Potash Corp. of Saskatchewan, Inc. (POT) is back trading near $58. Potash Corp will have resistance located at $60. Potash Corp. of Saskatchewan, Inc. (POT) is a strong buy below $50.

Freeport-McMoRan Copper & Gold Inc. (FCX)
Freeport-McMoRan Copper & Gold Inc. (FCX) is trading near $55. FCX is a buy below $50, strong buy below $45

SanDisk Corp. (SNDK)
SanDisk Corp. (SNDK) is now back below $41. SNDK will have resistance around $45.

Allied Irish Banks plc (AIB) Bank of Ireland (IRE)
Allied Irish Banks plc (AIB) & Bank of Ireland (IRE) continue to be active and worth watching.

Cell Therapeutics, Inc. (CTIC)
Cell Therapeutics, Inc. (CTIC) broke support last week and is now trading around $1.30. Cell Therapeutics will have support located at $1.50 now. CTIC will have resistance up at $1.90.

Akamai Technologies Inc. (AKAM)
Akamai Technologies Inc. (AKAM) is now trading back below $30 after a rally. AKAM is continuing the nasty downtrend after hitting a high of $32. AKAM will have resistance located at $32 for the rest of the summer.

Whole Foods Market, Inc. (WFM) (WFMI)
Whole Foods Market (WFM) is back trading around $64. WFM will have resistance up at $70.

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