Stock Market Closing Prices - 1/23/09
Dow Jones Industrial Average ( DJIA ) Close - 8077.56 Down 45.24
Nasdaq Stock Market Close - 1477.29 Up 11.80
S&P 500 Close - 831.97 Up 4.47
Libor Rates - 1/23/09
1 Month - 0.401%
3 Month - 1.169%
Commodities Closing Prices - 1/23/09
Gold - 900
Oil - 45.75
Natural Gas - 4.52
The Dow Jones Industrial Average closed at 8077 on 1/23/09, as the stock market was very volatile today on General Electric ( GE ) earnings, Google ( GOOG ) earnings, and the US Dollar rallying today. The Dow Jones opened down around 200 points but rallied into the afternoon hitting my 8150 target before falling back near 8000. If this trend holds up, we will go below 8000 on Monday and rally toward 8100 as the high. Any break above 8200 for the Dow going forward would be a positive sign and a trend reversal. Oil prices flew above $46 today as the stock market rallied and Joe Terranova made his case for an Oil double bottom around $32.50 on CNBC Fast Money last night. I sold my USO stock today as it was up 10% after being down 3%. I will look to reload at $30 or below. Today's Hottest Stock was Geron ( GERN ) as this company received FDA approval for the first human stem cell clinical trial. Keep an eye on this stock on Monday. I will have full technical analysis of the Dow Jones and Nasdaq over the weekend, Right Here
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