By Tim - http://stockstobuy.org
Stock Market Closing Prices - 5/14/10
Dow Jones Industrial Average ( DJIA ) Close - 10620.16 Down 162.79
Nasdaq Stock Market Close - 2346.85 Down 47.51
S&P 500 Close - 1135.69 Down 21.75
http://dowjonesclose.com
Libor Rates - 5/14/10 - Mortgage Rates
Commodities Closing Prices - 5/14/10
Gold Close - 1234.40
Oil Close - 71.71
Natural Gas Close - 4.32
The Dow Jones Industrial Average closed at 10620 on 5/14/10, as the stock market dropped on further profit taking after a huge move higher this week from last week's lows. The S&P 500 dropped below 1150 which now becomes resistance. We would be in some some real trouble if the S&P 500 dropped and stayed below 1120. I would then look to buy stocks around 1090-1095. What stocks would I buy? I would most likely add to my Apple position and then take a look at the big banks such as BAC or C.
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