Best Stocks to Watch july 11 2011

Best Stocks to Watch july 11 2011 - best stock to buy july 11 2011 : - U.S. stocks dropped on Friday and the Nasdaq looked to end an eight-day winning streak as a weak jobs report dashed hopes the economy was emerging from a soft patch, though the start of earnings season next week kept investors engaged.

U.S. employers hired a mere 18,000 workers in June, the Labor Department said, the fewest number in nine months and far below economists' expectations for a gain of 90,000. The unemployment rate rose unexpectedly in June to 9.2 percent, the highest since December, from 9.1 percent in May.

Stock Market Investing Ideas for july 11 2011

Local.com Corp. (LOCM) - Local.com Corp. (LOCM) surged on Friday due to a deal with Google Inc. (GOOG). LOCM will have resistance around $4.23 next week.

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 failed in the high $6's this week and may be headed back under $6.00. KOG is a buy at below $5.50 from here on out. Discuss KOG

Samson Oil & Gas Limited (SSN) - SSN has been all over the place lately. 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 $30. AIG will have resistance at $31.79. AIG has support located at $28.

Sirius XM Radio (SIRI) - Sirius XM Radio (SIRI) stock is back above $2.15. Sirius XM Radio will now have support at $1.90. 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 back trading above $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 above $4.00. The next major resistance level for Dryships is located at $4.27. 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) pulled back to $26 on Friday. FAS will have support located at $25 and resistance located at $28.35. 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 $30. Research in Motion (RIMM) will now have support located at $27. Research in Motion (RIMM) will have resistance up at $30.23.

Cisco Systems, Inc. (CSCO) - Cisco Systems, Inc. (CSCO) failed at $16 on Friday. CSCO will have resistance around $16.04 now. Cisco Systems (CSCO) will have support down around $15.30. 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) is back in an uptrend. AMZN will hit resistance at $220. Pullbacks below $180 are a buy.

Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. (LVLT) is trading in the $2.50's now. Level 3 Communications will have resistance located at $3.00.

Netflix, Inc. (NFLX) - Netflix, Inc. (NFLX) hit a new 52 week high above $297 on Thursday. 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 testing $150 again. Baidu Inc will have resistance up at $150 & $157. 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 above $33. ORCL will now have resistance located at $34.

E-Commerce China Dangdang Inc. (DANG) - E-Commerce China Dangdang Inc. (DANG) continues to recover off the lows. DANG will have support located at $12.

Advanced Micro Devices Inc. (AMD) - Advanced Micro Devices Inc. (AMD) is now trading around $7.00. Advanced Micro Devices Inc. will now have resistance located at $8.95. AMD will have support down at $6.50.

Goldman Sachs Group, Inc. (GS) - Goldman Sachs Group (GS) is back above $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 testing $43. 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 $1.40. 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 above $31. AKAM is in a nasty downtrend but I think we could see a bounce between $33-$35 at some point this summer. AKAM will have resistance located at $32.

Whole Foods Market, Inc. (WFM) (WFMI) - Whole Foods Market (WFM) is back trading above $60. WFM will have resistance up at $67.