Dow Jones Close 2/19/09 - Stock Market Closing Prices

Stock Market Closing Prices - 2/19/09

Dow Jones Industrial Average ( DJIA ) Close - 7465.95 Down 89.68
Nasdaq Stock Market Close - 1442.82 Down 25.15
S&P 500 Close - 778.94 Down 9.48
http://dowjonesclose.com

Libor Rates - 2/19/09

Commodities Closing Prices - 2/19/09

Gold Close - 974.40
Silver Close - 14.02
Oil Close - 38.84
Natural Gas Close - 4.08

The Dow Jones Industrial Average closed at 7466 on 2/19/09, as the stock market went up in the morning but then back down as the afternoon hit. The Dow Jones Futures were up this morning due to a flat initial jobless claims number but right after the open hit the Dow tested 7500 & 7449 once again. The Dow Jones closed below the 7552 November 20th close which is a Dow sell signal according to some traders on the floor of the NYSE. A lot of the bears that come on CNBC have downside targets for the Dow Jones of 6800 or lower and the S&P 500 of 600-650 based on earnings. I don't think anyone knows what will happen because there are so many moving parts. A good bank rescue plane could send the market up 600 points in a day. Jim Cramer also suggested if they change to stocks in the Dow Jones all of a sudden the Dow Jones would start to go up. I actually thought about this several weeks ago when we broke 8000. This is a real possibility that one day they could switch the stocks of the Dow Jones.

The same concerns where evident today in the stock market. The Dow Jones and S&P 500 are at technical support levels ( Dow Jones 7449 and S&P 500 770-775 ) and the banking stocks Citigroup ( C ) & Bank of America ( BAC ) continue to break down. BAC went under $4 and C stock hit $2.50. General Electric ( GE ) broke $10 with heavy volume.

I will have full technical analysis of the stock market tonight - Right Here

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