By Tim - http://stockstobuy.org
Stock Market Closing Prices - 9/28/10
Dow Jones Industrial Average ( DJIA ) Close - 10858.14 Up 45.72
Nasdaq Stock Market Close - 2379.59 Up 9.82
S&P 500 Close - 1147.70 Up 5.54
http://dowjonesclose.com
Libor Rates - 9/28/10 - Mortgage Rates
Commodities Closing Prices - 9/28/10
Gold Close - 1311
Oil Close - 76.07
Natural Gas Close - 3.84
The Dow Jones Industrial Average closed at 10858 on 9/28/10, as the stock market began the day lower but then ended higher. The stock market plunged in the morning due to a weaker than expected consumer confidence number. Wall Street shook off the bad new and bought stocks going into the close.
I bought HDY today as it crossed $2 and sold at the end of the day with a very nice gain. The also increased my REDF short positions and traded it several times today increasing my average cost. REDF and SIFY continue to go parabolic on no news. Both of these stocks are traded significantly above their 10 day moving averages which is cause for concern. I will look to short more around $6.50.
If you are into trading stocks, check out my stocks to watch report for tomorrow.
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