By Tim - http://stockstobuy.org
Stock Market Closing Prices - 2/18/11
Dow Jones Industrial Average ( DJIA ) Close - 12391.25 Up 73.11
Nasdaq Stock Market Close - 2833.95 Up 2.37
S&P 500 Close - 1343.01 Up 2.58
http://dowjonesclose.com
Libor Rates - 2/18/11 - Mortgage Rates
Commodities Closing Prices - 2/18/11
Gold Close - 1388.20
Oil Close - 85.96
Natural Gas Close - 3.87
The Dow Jones Industrial Average closed at 12391 on 2/18/11, as the stock market rallied again thanks to a strong day by Caterpillar (CAT)
As far as trading went today, MCP fell hard and I traded it about 5 different times, all for a profit. Today was a sell off day for most miner stocks and it looked like rare earth stocks were hit the hardest. An MCP insider sold over 6 million shares at $50 per share on Feb 16th which might have caused more selling. To me as a shareholder, this is actually bullish because it shows confidence that large fund out there wants MCP at $50. I will continue to trade this multiple times per day as long as it trades below $47.
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