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Monday, January 10, 2011

Stocks to Buy 1/11/11 January 11, 2011 Stock Market Investing Ideas

Stocks to Buy 1/11/11 January 11, 2011 Stock Market Investing Ideas;

Samson Oil & Gas Limited (SSN) - SSN is showing signs of a short term bottom. SSN is a buy again on a break above $1.50.

Hyperdynamics Corporation (HDY) - Shares of Hyperdynamics Corporation continue to hover in the $6's. Hyperdynamics will have support at $5.53 as well as $5.00. Hyperdynamics Corporation is a Top Pick for 2011. Hyperdynamics is a strong buy on pullbacks below $5.00.

Paramount Gold and Silver Corp. (PZG) - As most of you know, Paramount Gold and Silver Corp. (PZG) is my Top Gold Stock for 2011. PZG found support in the $3.50's and is a strong buy below this level.


Sirius XM Radio (SIRI) - Shares of Sirius XM Radio (SIRI) are now trading in the $1.50's. Sirius XM Radio will now have resistance located at $1.75. Sirius XM Radio is a strong buy on pullbacks below $1.40. SIRI needs to hold $1.60 on a closing basis for this rally to continue.

Allied Irish Banks plc (AIB) Bank of Ireland (IRE) - These two Irish Bank continue to be very active for trading purposes.

Kodiak Oil & Gas Corp. (KOG) - Kodiak Oil & Gas Corp. is one of my best oil stock ideas for 2011. Kodiak Oil & Gas Corp. (KOG) will have resistance at $7.00 and $7.50. KOG continues to be a buy below $6.00.

Las Vegas Sands Corp. (LVS) - Shares of Las Vegas Sands Corp. are back above $50. Las Vegas Sands Corp will now have major resistance between $52.08. Las Vegas Sands will now have support between $47-$48. LVS is also buy below $43.

Dryships Inc. (DRYS) - Shares of Dryships Inc. are trading back below $5.50. The next major resistance level for Dryships is located at $6.45. Drys doesn't have any support until around $5.00.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. pulled back hard Monday. AIG will now have resistance at $60.99. AIG is a buy on dips below $55.

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS basically traded flat Monday. FAS will now have support located at $25 and resistance up at $29.01 . FAS is a buy below $25 per share.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltdare now up testing $62. Research in Motion is a strong buy below $55 per share. Research in Motion will now have resistance on the upside at $65.00 during 2011.

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)

Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. hit $1.14 Monday and is getting ready for a possible breakout. Level 3 Communications is a buy on close above $1.20.

Netflix, Inc. (NFLX) - Netflix, Inc. (NFLX) stock broke up through $186 on Monday. Netflix Inc will now have resistance located around $190. Netflix continues to have support around $175. Netflix Inc is a buy on pullbacks below $170.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are breaking out above $105 now. Baidu Inc will have major resistance between $110-$115. Baidu has support located at $97. If Baidu Inc. (BIDU) breaks below $95, I would start buying back.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. (CSCO) failed at $21 again Monday. CSCO will have resistance located between $21-$21.25 . Cisco Systems has put in a bottom in the $19's and is looking very strong. Cisco Systems remains a strong buy below $21 per share.

YRC Worldwide Inc. (YRCW) - Shares of YRC Worldwide Inc. continue to trade below $4.00. YRC Worldwide Inc is trading like it may eventually go bankrupt. YRC Worldwide is only a buy when it breaks back above $5.00. Stay away until then.

Arena Pharmaceuticals, Inc. (ARNA) - Shares of Arena Pharmaceuticals, Inc. hit $2.22 on Monday. Arena Pharmaceuticals now has resistance located at $2.23 & $2.29.

Alcoa Inc. (AA) - Shares of Alcoa Inc. (AA) were up Monday ahead of earnings due out after the bell. Alcoa Inc has resistance located at $17.43.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices Inc. continue to be on fire and are now above $9.00. Advanced Micro Devices Inc. will now have resistance located $9.25. Advanced Micro Devices has strong support around $8.00 now.

Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group are trading back below $170. Goldman Sachs does not have any major resistance until $175.50. Goldman Sachs remains a strong buy below $162.

Oracle Corp. (ORCL) - Shares of Oracle Corp are in pullback mode. Oracle stock has support down at $29. Oracle does not have any major resistance until about $32.

Potash Corp. of Saskatchewan, Inc. (POT) - Shares of Potash Corp. of Saskatchewan, Inc. are trading around $165. Canada blocked BHP Billiton's Potash Corp buyout last year but the stock is holding up well. Potash Corp. of Saskatchewan, Inc. (POT) is a strong buy below $150.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. sold off Monday. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.
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