Hot stocks to watch on June 24

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RTK has been in a range over the past month. The stock traded 2x normal daily volume in the last trading sessions, and is setting up to make a move through resistance. The $1.08 level has been a top for the stock since late May. If RTK can break through this resistance level, the stock should have a nice move on the upside.

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FRPT traded up on Wednesday and I am looking for a continuation move today. The stock made a high of $4.29 for the day and closed at $4.27, but I want to let it trade through $4.40, before I buy. The technical indicators are showing a bullish bias and the recent news could help this stock to break through this resistance level now that the company is making Millions in new contracts.

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VRX made a new 52 week on Wednesday, hitting $51.75, before closing the day at $51.01. I will watch the stock price today and buying above Wednesday’s high.

Other stocks to watch :

News

MOT - Options traders are betting that the stock could pop
HEB - Company insiders are buying the stock
ALU - Alcatel-Lucent selected by NBN Co for Australia's broadband rollout
AAPL - Apple could sell 1M iPhones today, Bloomberg reports
AIG - Manulife interested in AIG's Asian unit, Globe reports
SPWRA - SunPower signs additional 20MW solar panel supply agreement
LDK - LDK Solar signs module supply contract with Gestamp Solar
PQ - PetroQuest Energy revises Q2 production guidance lower to 80-83 MMcfe per day
F - Ford to invest $450M in plant in Thailand, Detroit News reports
PLUG - Plug Power Inc. said that Sysco has deployed 98 GenDrive fuel cell units to power a fleet of The Raymond Corp.'s electric lift trucks at its new Houston, Texas distribution center.
GOOG - Google wins infringement suit with Viacom
ALOY - Alloy to be acquired by group led by ZelnickMedia for $9.80 per share in cash

Upgrades / Downgrades

CSCO - Cisco initiated with a Buy at Kaufman Bros.
HMA - Health Management upgraded to Outperform from Market Perform at Leerink
KMX - CarMax upgraded to Buy from Neutral at UBS
NKE - Nike removed from FBR Top Picks List at FBR Capital
DUSA - DUSA Pharma reports U.S. Patent Office upholds Photodynamic Therapy
PNW - Pinnacle West upgraded to Overweight from Equal Weight at Barclays
ARUN - Aruba Networks downgraded to Equal Weight from Overweight at Barclays
HD - Home Depot downgraded to Neutral from Buy at Janney Montgomery
LOW - Lowe's downgraded to Neutral from Buy at Janney Montgomery
PGN - Progress Energy upgraded to Market Perform from Underperform at FBR Capital
LOPE - Grand Canyon initiated with an Outperform at RW Baird
IRBT - iRobot initiated with a Market Perform at Morgan Keegan
GENZ - Genzyme downgraded to Market Perform from Outperform at Leerink
WYNN - Wynn Resorts upgraded to Buy from Neutral at Sterne Agee
JMBA - Jamba initiated with a Buy at Canaccord
CHC - China Hyroelectric initiated with a Buy at Global Hunter
APOG - Apogee Enterprises upgraded to Neutral from Underweight at Piper Jaffray
MU - Micron coverage assumed with a Buy at ThinkEquity
BBBY - Bed Bath & Beyond upgraded to Strong Buy from Market Perform at Raymond James

New 52-week High stocks

BVF Biovail Corp.
EC Ecopetrol S.A.
GEA General Electric Capital Corp.
RHT Red Hat, Inc
VRX Valeant Pharmaceuticals Intl.

List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )

MOT - MOTOROLA INC
VZ - Verizon Comm
ATVI - Activision, Inc.
ERIC - LM Ericsson Telepho
ALTR - Altera Corporation
BRK.B - Berkshire Hathaway Inc
TWX - AMERICA ONLINE INC
IBM - INTERNATIONAL BUSIN
AMX - America Movil SA
XLNX - Xilinx, Inc.
AEP - AMERICAN ELEC PWR C
VIA.B - Viacom Inc Class B
D - DOMINION RESOURCES
VMED - Virgin Media Inc
SCCO - Southern Copper Cp
CPWR - Compuware Corporation
AEM - AGNICO EAGLE MINES LTD
CTL - Centurylink Inc
SPG - SIMON PROPERTY GROUP
CB - CHUBB CORP
HOC - Holly Cp
BWA - BorgWarner Inc
HSP - HOSPIRA INC
PGN - Progress Energy Inc
SRE - SEMPRA ENERGY
ACTC - Advanced Cell Techn
HCN - Health Care REIT Inc
KBR - KBR Inc
SOLF - Solarfun Power Holdings
WAT - WATERS CORP
INFA - Informatica Corp
DTE - D T E ENERGY CO
CZZ - Cosan Limited Cl A
JRCC - JAMES RIVER COAL CO
MASI - Masimo Corp
EPD - ENTERPRISE PRODUCTS
WTI - W&T OFFSHORE INC
CXW - Corrections Corporation
PAAS - Pan American Silver
RJET - REPUBLIC AIRWAYS HL
AXAS - Abraxas Petroleum C
PTR - PETROCHINA CO

MACD Crossed above 0

ETRM - EnteroMedics Inc
GGB - GERDAU USA
BA - BOEING CO
MHP - MCGRAW HILL COS INC
UBS - UBS AG
CSE - CAPITALSOURCE INC
ORIT - Oritani Financial Corp
RNN - Rexahn Pharmaceutical
GSS - Golden Star Resources
TS - Tenaris SA
CDE - COEUR D ALENE MINES
STEC - STEC Inc
LTBR - CUSTOM BRANDED NTWKS
SANM - Sanmina Corporation
NXG - NORTHGATE MINERALS
XSRAY - Xstrata PLC
GGP - General Growth Prop

Unusual high volume detected

SUF - SULPHCO INC
RGLD - Royal Gold, Inc.
ORIT - Oritani Financial Corp
ADPAS - Adelphia Recovery T
BAMXY - Bayerische Motoren
LTBR - CUSTOM BRANDED NTWKS
KBLB - Kraig Biocraft Labo
OOGI - Odysey Oil Enrgy
AERS - Aerius
ARDM - Aradigm Corporation
PRGF - Proginet Corp
LPHC - LocatePLUS Holdings
FTER - Forterus Inc
ALRN - American Claims Eva
OCZ - OCZ Technology Group
CMLS - Cumulus Media Inc.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Good luck to all,

AC

Labels: FRPT, RTK, VRX