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Tuesday, September 8, 2009

Dow Jones Futures 9/9/09 Stock Market Futures

How will the stock market open on Wednesday - September 9, 2009? The Dow Jones and Stock Market Futures are pointing toward a lower open for pre market. Check out technical analysis for September 9.

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Stock Market Futures 9/9/09 - Pre Market Trading - Updated 7:20am EST

Dow Jones Industrial Average ($DJI) Futures - Down 3.30
S&P 500 INDEX ( INX ) Futures - Down 0.10
Nasdaq Composite Index (.IXIC) Futures - Down 2.50
NIKKEI 225 ( .N225 ) - 10312.14 Down 81.09
Oil Futures - 70.89
Gold Futures - 996.70

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Dow Jones Close 9/8/09 - Stock Market Closing Prices

Stock Market Closing Prices - 9/8/09

Dow Jones Industrial Average ( DJIA ) Close - 9497.34 Up 56.07
Nasdaq Stock Market Close - 2037.77 Up 18.99
S&P 500 Close - 1025.39 Up 8.99
http://dowjonesclose.com

Libor Rates - 9/8/09 - Mortgage Rates

Commodities Closing Prices - 9/8/09

Gold - 997
Oil - 71.32
Natural Gas - 2.84

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The Dow Jones Industrial Average closed at 9497 on 9/8/09, as the stock market inched higher for the second straight day. The Dow Jones Futures started the day up around 70 points but the stock market sold off throughout the day. In the final two hours of trading, the stock market got back most of the gains and closed strong. The main factor in today's rally was the fact that $1000 gold took most commodity stocks higher. Oil and Natural Gas Prices also went up nicely was well.

Solar Stocks: Solar stocks were on fire today as Energy Conversion Devices, Inc. (ENER) was the talk of takeover chatter as well as Huge News out of First Solar, Inc. (FSLR). I think the Solar Stock bottom in finally in.

Check out some of the events I will be watching for Wednesday. If you are a trader, check out my Stocks to Watch report for tomorrow.

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

Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Hot OTC Stocks - Baltic Dry Index

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Stocks to Buy 9/9/09 September 9, 2009

Tuesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for September 9 , 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Discuss Stocks - www.stockstobuy.org

Stocks to Watch - 9/9/09 - Stock Market Ideas


American Intl Group, Inc. (AIG) - AIG had a nasty downgrade by Credit Suisse on Tuesday which caused shares to fall around 10%. Once again, I will now be waiting for AIG to break back up through its high of the day to get into the stock. Last week's downgrade was a $10 price target so investors appear to be getting used to these low blows from analysts.

Citigroup Inc (C:NYSE) - Citigroup hit a low of $4.65 Tuesday but I am not buying yet. I will add shares at $4.50 or if the stock can break back up through the high of day on Wednesday. It is important to note that Citi failed at $5 on Tuesday so as soon as the stock breaks $5 again, it will run. Check out my Citigroup Technical Analysis

Opexa Therapeutics, Inc. (OPXA) - OPXA stock exploded higher Tuesday after the company released positive Tovaxin data for MS. The stock was trading at $3.50 right before CNBC mentioned it and then it will blast off through the high of the day. OPXA is one to keep on your watch lists for days and weeks ahead. There is major resistance between $7-$8.

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS gapped up Tuesday morning and broke up through $74.29 but could not hold it. The high of the day was $74.73 which now becomes resistance. As long as FAS remains above $70 I like FAS for a trade. If FAS breaks back below $70 I will jump into FAZ for a trade. It's very simple!

Bank of America Corp ( BAC ) - Bank of America Corporation continues to fail above the 10 day moving average which is now down to $17.28. As soon as the stock closes back over this level, I think you will see money pour back into the stock.

Cell Therapeutics, Inc ( CTIC ) - Will be buying CTIC again when it breaks Tuesday's high of $1.48

Hemispherx Biopharma, Inc. (HEB) - HEB broke $2.07 Tuesday but stopped at $2.15. This now becomes an important resistance level in the future. I will buy HEB again when it breaks $2.07 and add more when it breaks $2.15. This is strictly for a trade only.

SIRIUS XM Radio Inc. (SIRI) - Resistance = $0.70

Other Stocks to Watch - September 9, 2009

Cadbury plc (CBY)
Odyssey Re Holdings Corp. (ORH)
Energy Conversion Devices, Inc. (ENER)
Oculus Innovative Sciences, Inc. (OCLS)
RHI Entertainment, Inc. (RHIE)
Empire Resorts Inc. (NYNY)
YRC Worldwide Inc. (YRCW)
Helicos BioSciences Corporation (HLCS)
Solarfun Power Holdings Co. Ltd. (SOLF)
VanceInfo Technologies Inc. (VIT)
Somaxon Pharmaceuticals, Inc. (SOMX)
Kongzhong Corp. (KONG)
Builders FirstSource, Inc. (BLDR)
Polymet Mining Corp. (PLM)
Hecla Mining Co. (HL)
Coeur d`Alene Mines Corporation (CDE)
Pixelworks Inc. (PXLW)
Jazz Pharmaceuticals, Inc. (JAZZ)
A-Power Energy Generation Systems, Ltd. (APWR)
The Talbots Inc. (TLB)
Silvercorp Metals Inc. (SVM)
Ultra DJ-AIG Crude Oil ProShares (UCO)

Penny Stocks to Watch - September 9, 2009

Adeona Pharmaceuticals, Inc. (AEN)
Catalyst Pharmaceutical Partners Inc. (CPRX)
Hythiam Inc. (HYTM)
BioFuel Energy Corp. (BIOF)
Inhibitex Inc. (INHX)
Charles & Colvard Ltd. (CTHR)
Compton Petroleum Corp. (CMZ)
Gasco Energy Inc. (GSX)
Hollis-Eden Pharmaceuticals, Inc. (HEPH)
Dot Hill Systems Corp. (HILL)
CAS Medical Systems Inc. (CASM)
CombinatoRx, Incorporated (CRXX)
Bionovo Inc. (BNVI)
Corus Bankshares Inc. (CORS)
Vasogen Inc. (VSGN)
Ladenburg Thalmann Financial Services Inc. (LTS)
Teton Energy Corp. (TEC)
Cano Petroleum, Inc. (CFW)
FSI International Inc. (FSII)
Arcadia Resources Inc. (KAD)

OTC Pink Sheets Stocks to Watch - 9/9/09

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TVC TELECOM INC (TVCE.PK)
Alloy Steel International Inc. (AYSI.OB)
BENEFICIAL HLDGS INC (BFHJ.PK)
Softnet Technology Corp. (SOFN.PK)
BRITE-STRIKE TACTICA (BSTK.PK)
IN CONTROL SECURITY, (INCL.PK)
NW Tech Capital, Inc (NWTT.PK)
ROCKELLE CORP (RKLC.PK)
TFN FOOTBALL NTWK IN (TFNK.PK)
MM2 Group, Inc. (MMGP.OB)
eDOORWAYS Corporation (EDWY.PK)
Yasheng Eco-Trade Corporation (YASH.OB)
My Vintage Baby, Inc. (MVBY.PK)
Sun Tzu, Corp. (STZU.PK)
Axion International Holdings, Inc. (AXIH.OB)
SUSPECT DETECTION SY (SDSS.OB)
Far East Energy Corp. (FEEC.OB)
GENOVA BIOTHERAP INC (GVBP.OB)
IDENTA CORP (IDTA.PK)
ELECTRONIC KOURSEWAR (EKII.PK)

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First Solar FSLR to Build China Solar Plant

September 8, 2009 - Huge News out of First Solar, Inc. (FSLR) just released about 20 minutes ago. Besides the fact that FSLR is back over the 10 day moving average today, shares are soaring on the following news. Another reason why technical analysis can tip you off on when to get back into a stock. I added to my long position today and am very happy and well positioned.


First Solar to Team With Ordos City on Major Solar Power Plant in China Desert

First Solar today announced a memorandum of understanding (MOU) with the Chinese government to build a 2 gigawatt solar power plant in Ordos City, Inner Mongolia, China.

Pursuant to the MOU, signed in the presence of Chairman Wu Bangguo of the Standing Committee of the National People's Congress of China, the solar project in Ordos will be built over a multi-year period. Phase 1 will be a 30 megawatt demonstration project that will begin construction by June 1, 2010 and be completed as soon thereafter as practicable. Phases 2, 3 and 4 will be 100 megawatts, 870 megawatts, and 1,000 megawatts. Phases 2 and 3 will be completed in 2014 and Phase 4 will be completed by 2019.

“This major commitment to solar power is a direct result of the progressive energy policies being adopted in China to create a sustainable, long-term market for solar and a low carbon future for China,” First Solar CEO Mike Ahearn said at the signing ceremony. “We’re proud to be announcing this precedent-setting project today. It represents an encouraging step forward toward the mass-scale deployment of solar power worldwide to help mitigate climate change concerns.”

The project will operate under a feed-in-tariff which will guarantee the pricing of electricity produced by the power plant over a long-term period. Full Article

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Hot OTC Pink Sheets Stocks September 8 2009

The following is a list of the Most Popular OTC, OTCBB, Pink Sheets Stocks going into September 9, 2009. Topping the list today is SpongeTech Delivery Systems, Inc. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities.


This list is my favorite way to track potential breakout OTC stocks and is not produced anywhere else! It takes into account percentage gainers or losers, volume, and how active the stock has been lately. The higher the rank, the closer I am watching. Check out my Previous Reports


Stocks Highlighted in Green are Up on the day.


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1. SpongeTech Delivery Systems, Inc. (SPNG.OB)
2. GENOVA BIOTHERAP INC (GVBP.OB)
3. Motors Liquidation Company (MTLQQ.PK)
4. GetFugu, Inc. (GFGU.OB)
5. WorldGate Communications Inc. (WGAT.OB)
6. BioElectronics Corporation (BIEL.PK)
7. Washington Mutual Inc. (WAMUQ.PK)
8. Lehman Brothers Holdings Inc. (LEHMQ.PK)
9. BioNeutral Group, Inc. (BONU.OB)
10. BioCentric Energy Holdings, Inc. (BEHL.PK)
11. Magnum d'Or Resources Inc. (MDOR.OB)
12. Advanced Cell Technology Inc. (ACTC.PK)
13. SUSPECT DETECTION SY (SDSS.OB)
14. Cobra Oil & Gas Company (CGCA.OB)
15. Evolution Fuels, Inc. (EVFL.PK)
16. Softnet Technology Corp. (SOFN.PK)
17. AVALON RARE METALS (AVARF.PK)
18. American Lithium Minerals, Inc. (AMLM.OB)
19. KENDER ENERGY INC (KNDR.PK)
20. Smurfit-Stone Container Corp. (SSCCQ.PK)


Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Hot OTC Stocks

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Biggest Stock Gainers 9/8/09 September 8, 2009

Today, September 8, 2009, there are several stock gainers that are breaking out with some nice momentum. If you are looking to day trade today, you might want to check out the following stocks. Check out today's biggest gainers and the Top Stocks for 2009. You can find my Past, Current, and Future Stock Gainers Report Right Here

Top Stocks 9/8/09 - Biggest Gainers Today

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Opexa Therapeutics, Inc. (OPXA) - OPXA soars on MS drug data

Cadbury plc (CBY) - Cadbury Finds Kraft Bid Insufficiently Sweet

Odyssey Re Holdings Corp. (ORH) - OdysseyRe Receives Acquisition Proposal from Fairfax

Helicos BioSciences Corporation (HLCS) - Helicos Sells Multiple HeliScope Sequencers to RIKEN Institute

Coeur d`Alene Mines Corporation (CDE) - Gold soaring over $1000 - CDE hits new 52 week high

Jazz Pharmaceuticals, Inc. (JAZZ) - JAZZ getting set to present at two biotech conferences this week.

Hecla Mining Co. (HL) - Silver Prices surging

YRC Worldwide Inc. (YRCW) - YRCW surging with the stock market today

First Solar, Inc. (FSLR) - I own FSLR personally, we have a breakout over the 10 day moving average today which signals a trend reversal. I'm looking for $140-$150 in the next few months.

Other Stock Gainers - 9/8/09

Recon Technology, Ltd. (RCON)
The Talbots Inc. (TLB)
Empire Resorts Inc. (NYNY)
Sinovac Biotech Ltd. (SVA)
A-Power Energy Generation Systems, Ltd. (APWR)
Silvercorp Metals Inc. (SVM)
Ultra DJ-AIG Crude Oil ProShares (UCO)
Novavax, Inc. (NVAX)
Canadian Solar Inc. (CSIQ)
Energy Conversion Devices, Inc. (ENER)

More............

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

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Hot Penny Stocks 9/8/09 September 8, 2009

Today, 9/8/09, there are a few penny stock gainers breaking out to the upside. Be sure to check out the Top 2009 Penny Stock Gainers on the NYSE, Nasdaq, and AMEX. We also list OTC and Pink Sheets stock gainers below. You can find ALL Penny Stock Reports Here

Penny Stock Gainers - September 8, 2009

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Gray Television Inc. (GTN) - No News, GTN stock continues to surge!

GeoPetro Resources Company (GPR) - No News

CAS Medical Systems Inc. (CASM) - CAS Medical Systems, Inc. Announces Multi-Year Purchase & Sale Agreement With Major U.S. Health Plan Provider

Ladenburg Thalmann Financial Services Inc. (LTS) - No News

Corus Bankshares Inc. (CORS) - Form 8-K for CORUS BANKSHARES INC

Inhibitex Inc. (INHX) - No News

Hythiam Inc. (HYTM) - Hythiam Presentation at Rodman and Renshaw Annual Global Investment Conference to Be Simultaneously Webcast

CytRx Corporation (CYTR) - CytRx Receives FDA Letter Regarding Arimoclomol Phase IIb Clinical Trial for ALS

LTX-Credence Corporation (LTXC) - LTXC continues to rise on last weeks upgrade

Edge Petroleum Corp. (EPEX) - Natural Gas prices spiking today

Teton Energy Corp. (TEC) - No News

Kodiak Oil & Gas Corp. (KOG) - Oil prices higher today

Apollo Gold Corp. (AGT) - Gold surging over $1000 per ounce

OTC - Pink Sheets Stock Gainers - 9/8/09

BENEFICIAL HLDGS INC (BFHJ.PK) - Beneficial Holdings Offers $42 Million and Stock for Thunderbird Resorts

Alloy Steel International Inc. (AYSI.OB) - Alloy Steel International Signs Supply Agreement With BHP Billiton

BRITE-STRIKE TACTICA (BSTK.PK) - No News

IN CONTROL SECURITY, (INCL.PK) - No News

Softnet Technology Corp. (SOFN.PK) - No News

KENDER ENERGY INC (KNDR.PK) - Kender Energy Forging Ahead With Inversiones Dagosa

Bio-Clean International, Inc. (BCLE.PK) - Bio-Clean International, Inc. Affiliated Entities and ACS One, Inc. Bidding on Over $20M in New Construction Contracts
-
GENOVA BIOTHERAP INC (GVBP.OB) - Genova files patent for new prostate cancer treatment

LYNAS CORPORATION (LYSCF.PK) - No News

QUASAR AEROSPACES (QASP.PK) - No News

Far East Energy Corp. (FEEC.OB) - Far East Energy Announces Increase in Production, Gas From a Second Coal Seam, and Gas From a Distant Parameter Well

Power 3 Medical Products Inc. (PWRM.OB) - No News Today

Yasheng Eco-Trade Corporation (YASH.OB) - Yasheng ECO-Trade Corporation Provides a Corporate Update on Recent Visit to China

New Energy Technologies, Inc. (NENE.OB) - New Energy's Technology for Generating Electricity from Movement of Cars Tested at Burger King®

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stock Message Board - Hot OTC Stocks

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SpongeTech SPNG Reverse Stock Split 1:100

September 8, 2009 - SpongeTech Delivery Systems, Inc. (SPNG.OB) has come out with Reverse Stock Split news this morning. Shares of SPNG are set to open unchanged on this news as we approach the opening bell.

SpongeTech® Delivery Systems Announces Reverse Stock Split to Move Closer to NASDAQ Listing

SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG) today announced that its Board of Directors has unanimously approved a reverse split of SpongeTech®’s issued and outstanding capital stock at a 1-for-100 split ratio. The reverse stock split, which is expected to take effect on September 22, 2009, subject to receipt of necessary regulatory approvals, has also been approved by the holders of more than a majority of SpongeTech’s voting capital stock.

The same 1-for-100 reverse stock split ratio will be used to effect the reverse stock split of SpongeTech®’s issued and outstanding common stock, Class B Stock and preferred stock. Accordingly, all stockholders will be affected proportionately.

“This reverse stock split – which we believe will bring our company’s Wall Street profile in synch with our business profile – is another important step in the development of SpongeTech,” said CEO Michael Metter. “Combined with our recent engagement of Deloitte Touche LLP as our public accountants and our plan to apply for a NASDAQ listing, the reverse stock split demonstrates our commitment to establishing SpongeTech as a world-class company whose capital structure, operations and infrastructure all match the impressive sales growth we are achieving.

“We continue to expand our product portfolio, licensing agreements, and sales and marketing programs, and are very excited about the record-breaking order flow these efforts are producing. Our July 2009 acquisition of Dicon Technologies, a recognized product innovator with exceptional R&D capabilities, established distribution channels in the U.S. and Asia, and many large, direct commercial customers, perfectly positions us to leverage the many exceptional opportunities in our targeted marketplace. We’re committed both to building SpongeTech into a global player and building shareholder value, and this step will help us realize each of these goals.” Full Article

If you are unfamiliar with a 1 for 100 reverse stock split, the shares outstanding decrease by 100 while the stock price increases by 100. Instead of SPNG trading at $0.20, it would be trading at $20 per share with 100 times less shares. This reverse split will allow spng to apply for a listing on the Nasdaq.

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Baltic Dry Index Shipping Rates 9/8/09 BDI

The BDI data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd( EXM ), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), and OceanFreight Inc ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world economy has come to a screeching halt
http://www.dowjonesclose.com/bdi.html

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Dry Bulk Shipping Rates - September 8, 2009 - BDI Up 4 Straight Days

Baltic Dry Index ( BDI ) - 2462 Up 33
Baltic Cape Index ( BCI ) - 3598 Up 3
Index ( BPI ) - 2611 Up 62
Supramax Index ( BSI ) - 1831 Up 38
Past Bulk Shipping Rates

Discuss the Baltic Dry Index - Click Here

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Baltic Dry Index Shipping Rates 9/7/09 BDI

The BDI data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd( EXM ), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), and OceanFreight Inc ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world economy has come to a screeching halt
http://www.dowjonesclose.com/bdi.html

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Dry Bulk Shipping Rates - September 7, 2009 - BDI Up 3 Straight Days

Baltic Dry Index ( BDI ) - 2429 Up 14
Baltic Cape Index ( BCI ) - 3595 Down 56
Index ( BPI ) - 2549 Up 63
Supramax Index ( BSI ) - 1793 Up 51
Past Bulk Shipping Rates

Discuss the Baltic Dry Index - Click Here

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Opexa Therapeutics OPXA Positive Tovaxin Data

September 8, 2009 - Shares of Opexa Therapeutics, Inc. (OPXA) are surging in pre market as the company released positive trial data this morning. OPXA stock is trading at $2.72 Up 78%.


Opexa Reports Additional Favorable Data with Tovaxin® for Multiple Sclerosis


Opexa Therapeutics, Inc. (NASDAQ:OPXA), a company developing Tovaxin®, a personalized T-cell immunotherapy for multiple sclerosis (MS), today announced results from further analysis of the double-blind, placebo-controlled, 52-week Phase IIb TERMS clinical study of 150 patients with Relapsing Remitting MS (RRMS). This analysis evaluated patients with an annualized relapse rate of one or greater at study entry (ARR≥1). More than 83% of the Tovaxin-treated group (n=85) remained relapse free at one year and the annualized relapse rate after treatment decreased to 0.20, a 42% reduction compared to placebo.

Full Article


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Helicos BioSciences HLCS Stock Set to Jump

September 8, 2009 - Shares of Helicos BioSciences Corporation (HLCS) are set to pop this morning as the company has sold multiple HeliScope Sequencers to RIKEN Institute. HLCS stock is indicated to open up 12% to $2.80.

Helicos Sells Multiple HeliScope Sequencers to RIKEN Institute

Single Molecule Sequencing Technology Will Play Integral Role in Japan's National Sequencing Center

Helicos BioSciences Corporation (NASDAQ:HLCS) today announced that the RIKEN Yokohama Institute Omics Science Center (OSC) has agreed to purchase four Helicos(TM) Genetic Analysis Systems. The transaction represents the first multisystem sale of the Helicos system to a large genome center. Shipments are expected to take place in September, with one system remaining in Cambridge to be used in a scientific collaboration between the two parties that began last year.

RIKEN's OSC recently received funding from the Japanese government to assume the role of the country's primary national DNA sequencing center. As part of Japan's renowned RIKEN, the OSC has the unifying objective of developing a multi-purpose, large-scale analysis center to elucidate molecular networks in biological systems. A major component of the national project for the RIKEN OSC is the "Cell Innovation Project", which is aimed at understanding cell function at the molecular level using next-generation and single-molecule sequencing technologies. Full Article

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Mortgage Rates Today 9/8/09 September 8, 2009

Housing Bottom? One of the things I watch for regarding a possible housing bottom are daily mortgage rates. Below is list of Today's Mortgage Rates out of Wells Fargo.

Loan Type - Interest Rate - APR - 9/8/09

30-Year Fixed 5.125% 5.318%
30-Year Fixed FHA 5.500% 6.245%
15-Year Fixed 4.625% 4.952%
5-Year ARM 4.000% 3.856%
5-Year ARM FHA 3.875% 3.477%

Jumbo Loan Rates - APR - 9/8/09

30-Year Fixed 6.250% 6.399%
5-Year ARM 5.250% 4.271%

For Previous Mortgage Rates - Click Here

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1 and 3 Month Libor Rates 9/8/09 Today's Libor Rates

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 9/8/09, are: 1 Month Libor Rate - 0.249% & 3 Month Libor Rate - 0.302%. The overnight Libor rate is 0.221%. As you can see, Libor Rates have changed today, September 8, 2009. All three libor rates fell today

Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.

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General Electric GE Stock Upgrade - September 2009

September 8, 2009 - Shares of General Electric Co. (GE) will be getting a nice bounce today after JP Morgan has upgraded the stock.

Price Target - $17

JP Morgan sees potential upside surprises and feels the risk reward at current levels is very attractive.

General Electric Co. (GE) has been fighting the 10 day moving average for several days last week but today the stock is set to open over this level. Keep an eye on the previous high of $14.88. When I see GE stock close over this level, I will jump in.

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1 and 3 Month Libor Rates 9/7/09 Today's Libor Rates

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 9/7/09, are: 1 Month Libor Rate - 0.251% & 3 Month Libor Rate - 0.309%. The overnight Libor rate is 0.223%. As you can see, Libor Rates have changed today, September 7, 2009. The 1 & 3 Month Libor Rates dropped while the overnight Libor Rate stayed the same.

Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.

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