By Tim - http://stockstobuy.org
Stock Market Closing Prices - 3/4/11
Dow Jones Industrial Average ( DJIA ) Close - 12169.88 Down 88.32
Nasdaq Stock Market Close - 2784.67 Down 14.07
S&P 500 Close - 1321.15 Down 9.82
http://dowjonesclose.com
Libor Rates - 3/4/11 - Mortgage Rates
Commodities Closing Prices - 3/4/11
Gold Close - 1431.70
Oil Close - 104.89
Natural Gas Close - 3.81
The Dow Jones Industrial Average closed at 12170 on 3/4/11, as the stock market dropped on higher oil prices. US Crude Oil tested $105 on Friday which is bearish for the economic recovery.
As I mentioned last night on stockstobuy.org, I sold KOG after earnings and bought back half on the plunge this morning. I would be willing to buy the other half at $6.50 or if the stock starts to see some strength. HDY soared today and the stock is finally reflecting higher Brent Crude prices. HDY is a buy on pullbacks below $5.40ish.
Check out my stocks to watch report for tomorrow.
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