By Tim - http://stockstobuy.org
Stock Market Closing Prices - 6/7/10
Dow Jones Industrial Average ( DJIA ) Close - 9816.34 Down 115.63
Nasdaq Stock Market Close - 2173.90 Down 45.27
S&P 500 Close - 1050.47 Down 14.41
http://dowjonesclose.com
Libor Rates - 6/7/10 - Mortgage Rates
Commodities Closing Prices - 6/7/10
Gold Close - 1243
Oil Close - 71.04
Natural Gas Close - 4.93
The Dow Jones Industrial Average closed at 9816 on 6/7/10, as the stock market dropped in the afternoon due to continuation selling from Friday. There was really no news today that caused this, the volume was light, traders are scared, stock go down.
I didn't do to much today but traded Jones Soda (JSDA) several times as well as FAS. I am watching 1045 on the S&P 500, a close below this level should set up a move toward 1000. If 1000 fails, we could see a quick drop down to 950-960 which would produce a nice sized bounce in my opinion.
Check out the stock market events I will be watching on Tuesday. If you are into trading stocks, check out my stocks to watch report for tomorrow.
I will also have technical analysis on different stocks - Right Here
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