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Stock Market Closing Report - 12/8/20 December 8, 2020

Tuesday, May 16, 2017

Dow Jones Close 5/16/17 Stock Market Closing Prices

Stock Market Closing Prices - May 16, 2017

Dow Jones Industrial Average ( DJIA ) Close  - 20979.75 Down 2.19
Nasdaq Stock Market Close - 6169.87 Up 20.20
S&P 500 Close - 2400.67 Down 1.65
http://dowjonesclose.com

Commodities Closing Prices - 5/16/17

Gold Close - 1237
Silver Close - 16.82
Oil Close - 48.60
Natural Gas Close - 3.23

The Dow Jones Industrial Average closed at 20980 on 5/16/17, as the stock market ended flat again.  The Dow Jones is having trouble around 21,000 but this is normal when something nears resistance.  I don't see anything that would indicate a stock market correction is coming but you just never know!

Shares of HTG Molecular Diagnostics, Inc. (HTGM) will continue to see volatility which is good for trading.  HTGM and XON are my top stocks to watch looking forward.   China 3x Bull (YINN) and Small Caps 3x Bull (TNA) are strong buys on all major pullbacks in 2017.

Check out my Top Stocks 2017 page for the latest stock picks

Check out my Top Penny Stocks 2017 page for my latest penny stock picks

Stocks to Buy 5/17/17 May 17, 2017

Stocks to Buy 5/17/17 May 17, 2017 - @stockstobuy - Twitter

Below is a list of stocks to watch on Wednesday.  These stocks are active and have the potential to break out this week.

Check out my Stock Picks for 2017 - Stocks to Buy 2017 - Best Penny Stocks 2017

Intrexon (XON) - Intrexon (XON) continues to rocket higher after earnings and is now trying to hold the $25's.  This company is working on some amazing projects and the stock is undervalued.  Buy XON on all major pullbacks for the long term.

Shake Shack (SHAK) - Shake Shack (SHAK) rallied from $30 to over $36 since their earnings report was released.  The company reported strong earnings and sandbagged Q2 guidance.  Expect a big beat in three months.

HTG Molecular Diagnostics, Inc. (HTGM) - HTGM hit bottom at $3.66 and is trying to bounce after earnings.  HTGM will rocket higher on the next big press release and we may see an FDA Clearance later this year.

Chipotle (CMG) - Chipotle (CMG) hit a 52 week high recently.  CMG is now a buy on all major pullbacks and should see $510-$560 over the next 3-6 months.

China 3x Bull ETF (YINN) - YINN surged back above $21 this week.  YINN is a strong buy below $17 if we ever see another big drop.  Resistance will be located up around $21.

Small Cap Bull 3x (TNA) - TNA is trading around $52 after a 2/1 stock split.  TNA is a strong buy below $45 over the next three months.

Tesla (TSLA) - Tesla (TSLA) is soaring again after an earnings sell-off.   Tesla (TSLA) is a strong buy below $200 if we see another big correction.

Apple (AAPL) - Apple (AAPL) continues to hit record highs but is due for a large correction. AAPL remains a strong sell right now.

Check out my Stock Picks for 2017 - Stocks to Buy 2017 - Best Penny Stocks 2017 Oil Stocks 2017

Stocks to Watch - 5/17/17

XG Technology (XGTI)
Natures Sunshine (NATR)
Akebia Therapeutics (AKBA)
Etsy (ETSY)

Mortgage Rates 5/16/17 May 16, 2017

By Tim - http://daytradingstockblog.blogspot.com - @stockstobuy -

Home Mortgage Interest Rates - May 16, 2017

Interest rates have been slowly rising in May 2017.  Below is list of Today's Mortgage Rates from Wells Fargo.

Loan Type - Interest Rate - APR - 5/16/17

30-Year Fixed Rate                 4.125% 4.176%
30-Year Fixed-Rate FHA 4.500% 5.532%
30-Year Fixed Rate VA           3.875% 4.169%
15-Year Fixed Rate                 3.500% 3.588%
7/1 ARM                                 3.625% 3.883%
5/1 ARM                                 3.500% 3.871%

Jumbo Loan Rates - APR - 5/16/17

30-Year Fixed Rate                 4.125% 4.132%
15-Year Fixed Rate                 3.750% 3.778%

Past Rates - Click Here

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com

1 and 3 Month Libor Rates 5/16/17 May 16, 2017

May 16, 2017 - Here are the current libor rates for today. Today's Libor Rates for 5/16/17 are: 1 Month Libor Rate - 0.99244 & 3 Month Libor Rate - 1.17956%. The overnight Libor rate is 0.92833%. As you can see, Libor Rates changed today, May 16, 2017.

-Due to a policy change, Libor rates are published on a 24 hour delay.  They are updated when the results are published.

Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones trades.

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
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