Stock Market Closing Prices - 8/18/09
Dow Jones Industrial Average ( DJIA ) Close - 9217.94 Up 82.60
Nasdaq Stock Market Close - 1955.92 Up 25.08
S&P 500 Close - 989.67 Up 9.94
http://dowjonesclose.com
Libor Rates - 8/18/09 - Mortgage Rates
Commodities Closing Prices - 8/18/09
Gold - 939.90
Oil - 69.30
Natural Gas - 3.10
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The Dow Jones Industrial Average closed at 9218 on 8/18/09, as the stock market bounced back after a big sell off Monday. The Dow Jones Futures started the day higher and the stock market improved throughout the day. The technology sector got a huge boost as RBC Capital came out and raised price targets for Apple Inc. (AAPL) - Research In Motion Ltd. (RIMM) - Palm, Inc. (PALM). One of the hottest stocks today was a company called Rentech ( RTK ). The CEO will be on CNBC tonight talking about their latest jet fuel deals.
The Dow Jones continues to hold 9000 which is bullish. I continue to watch the 10 day moving average at 9292. We need to get back over the 10 day this week and hold for a shot at another breakout to the upside. If we fail at the 10 day moving average again, it could set up another big plunge to the downside. On the flip side, if the Dow closes over 9438, you could see another massive short squeeze higher. Check out some of the events I will be watching for Tuesday.Also, check out my stocks to watch report for tomorrow. I will also have technical analysis of the stock market tonight - Right Here
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