Stock Market Closing Prices - 8/20/09
Dow Jones Industrial Average ( DJIA ) Close - 9350.05 Up 70.89
Nasdaq Stock Market Close - 1989.22 Up 19.98
S&P 500 Close - 1007.37 Up 10.91
http://dowjonesclose.com
Libor Rates - 8/20/09 - Mortgage Rates
Commodities Closing Prices - 8/20/09
Gold - 942.70
Oil - 72.54
Natural Gas - 2.94
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The Dow Jones Industrial Average closed at 9350 on 8/20/09, as the stock market rallied after the China Stock Market rebounded. The Dow Jones Futures were slightly higher when I woke up but then declined after a worse then expected initial jobless claims report. The stock market went positive right after the open and got stronger throughout the day. Citigroup, AIG, FNM, FRE led the financials as Google led tech sector after a buy conviction buy upgrade out of Goldman Sachs.
Tomorrow will be another interesting day as we go into the final full week of August next week. I will be watching the Dow Jones and what it does if 9438 resistance is broken. We could be looking at another surge in the markets if the Dow can close over 9438. Meanwhile, I continue to buy Citigroup on the recent breakout. I will be looking to add to my position on any pullbacks to the 200 day moving average. Currently, the 200 day moving average of Citigroup is located at $4.26. Check out some of the events I will be watching for Friday.
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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