-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Hot stocks for tomorrow - Intel Corporation and Am... » | Hot stocks for Tuesday - Energy Conversion Devices... » | Stock Picks for next week - Bank of America Corpor... » | Earnings Announcements for Next Week - October 12/16 » | Stock Picks for Friday - Curis and Trinity Industr... » | Hot stocks for Thursday - Citigroup and Alcoa » | Here is a way to create more jobs » | Stock Picks for Wednesday - Trinity Industries and... » | Stock Picks for Tuesday - Vonage Holdings Corp., R... » | Trade Ideas for next week - Alcoa , Bank of Americ... » 

Wednesday, October 14, 2009 

US Hot stocks for Thursday - Citigroup Inc. , Bank of America Corporation and Curis

( click to enlarge )

C looks like it is gonna squeeze some shorts tomorow morning, but it's better to wait and see how the market reacts after the earnings report. From a technical perspective, the stock is on the verge of breaking the $5,42 highs, set on August 28th. If the stock does break through those highs, C has the potential to run straight up. C has a Bullish looking stock chart, price broke out from the horizontal resistance mark around 4.80 share Tuesday on high volume. The stock is displaying upside momentum and is poised to move higher from these levels. Keep C in your radar.

( click to enlarge )

BAC broke out to new 52-week highs today. Up 4.38% and up 15% since the buy call. I am expecting to see the stock continue this move on Thursday. As long as the stock stay above 18.24 area, the bullish scenario is still intact. Technical chart shows bullish sign with K line on top of D line and MACD on top of signal line. Next targets for the stock are $19.11 and $20.95.

( click to enlarge )

CRIS is starting to make a move to break through the top of its range. This is a good stock to watch and once it breaks through $2.23 on a close basis, the stock should move. Although it is still early to confirm, technical indicators are turning up for both the RSI and MACD, confirming the short-term bullish sentiment. Watch CRIS closely on Thursday.

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

CEPH - Cephalon, Inc.
DF - DEAN FOODS IN
NGD - DRC RESOURCES CP
CAJ - Canon Inc
MSO - MARTHA STEWART Living Omnimedia
RBY - RUBICON MINERALS CP
CHTL - Mortlock Ventures Inc
MNEAF - Minera Andes Inc
B - BARNES GROUP INC
LFL - Lan Airlines
NOEC - New Oriental Energy

Today's candlestick pattern was a Bearish Engulfing

CHK - CHESAPEAKE ENERGY CORP
VZ - Verizon Comm
Q - QWEST COMM INTL INC
JNJ - JOHNSON & JOHNSON
CXM - ARIES VENTURES INC
MPEL - Melco Crown Adr
DISH - Dish Network A
NG - NOVAGOLD RESOURCES INC
SUN - SUNOCO INC
RINO - JADE MOUNTAIN CORP
PLCM - Polycom, Inc.
SPWRA - SUNPOWER CORPORATION
SGY - STONE ENERGY CORP
CBB - Cincinnati Bell
HEV - Enerl Inc
RAH - RALCORP HOLDINGS INC
VMC - VULCAN MATERIALS CO
GKK - GRAMERCY CAPITAL CP
VSEA - Varian Semiconductor
LYV - Live Nation
SLH - Solera Holdings Inc
CIT - CIT Group Inc. ( Major resistance $1.23 )

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. See you tomorrow !!!
Cheers!

AC

Labels: , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google