Dow Jones Close 5/7/09 - Stock Market Closing Prices

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Stock Market Closing Prices - 5/7/09

Dow Jones Industrial Average ( DJIA ) Close - 8409.85 Down 102.43
Nasdaq Stock Market Close - 1716.24 Down 42.86
S&P 500 Close - 907.39 Up 12.24
http://dowjonesclose.com/

Libor Rates - 5/07/09 - Mortgage Rates

Commodities Closing Prices - 5/7/09

Gold - 911.20
Oil - 56.37
Natural Gas - 4.16

The Dow Jones Industrial Average closed at 8409 on 5/7/09, as the stock market sold off after stocks gapped up huge in pre market trading. The Dow Jones Futures were up nicely early in the morning but then spiked higher on a better then expected initial jobless claims figure. Bank Stocks were on fire in pre market for no apparent reason that I can think of. At the open, the bank stocks sold off big time! Citigroup went from $4.40 to $3.50, Bank of America went from $15 to $13, and Financial Bull ( FAS ) went from $13 to $10. In the last hour of trading, the stock market came off the lows as Wall Street prepares for more details on the Stress Test tonight and the jobs report at 8:30am est tomorrow.

Check out the stocks to watch for Friday.

I will also have technical analysis of the stock market tonight - Right Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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Biggest Stock Gainers 5/7/09 May 7, 2009

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Today, May 7, 2009, there are several stock gainers that are breaking out with some nice momentum. If you are looking to day trade today, you might want to check out the following stocks. Check out today's biggest gainers and the Top Stocks for 2009. You can find yesterday's Top Gainers Report Right Here

Top Stocks 5/7/09 - Biggest Gainers Today

Vanda Pharmaceuticals, Inc. (VNDA)
Ternium S.A. (TX)
Brookdale Senior Living Inc. (BKD)
THQ Inc. (THQI)
Eclipsys Corp. (ECLP)
Capital One Financial Corp. (COF)
Tenneco Inc. (TEN)
CTC Media, Inc (CTCM)
Lamar Advertising Co. (LAMR)
Bon-Ton Stores Inc. (BONT)
Hansen Medical, Inc. (HNSN)
Corrections Corp. of America (CXW)
PSS World Medical Inc. (PSSI)
Bank of America (BAC)
CIGNA Corp. (CI)


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Hot Penny Stocks 5/7/09 May 7, 2009

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Today, 5/7/09, there are a few penny stock gainers breaking out to the upside. Be sure to check out the Top 2009 Penny Stock Gainers on the NYSE, Nasdaq, and AMEX. We tend to stay away from OTC and Pink Sheets stocks, especially in this environment! You can find ALL Penny Stock Reports Here

There are so many penny stocks breaking out today that I will just list the companies instead of why they are going up....sorry about this!!

Penny Stock Gainers - May 7, 2009

La Jolla Pharmaceutical Co. (LJPC)
Vonage Holdings Corporation (VG)
NexMed Inc. (NEXM)
LogicVision Inc. (LGVN)
Compton Petroleum Corp. (CMZ)
Hemispherx Biopharma, Inc. (HEB)
Lear Corp. (LEA)
Zhone Technologies Inc. (ZHNE)
Edge Petroleum Corp. (EPEX)
Corus Bankshares Inc. (CORS)
Keryx Biopharmaceuticals Inc. (KERX)
Oscient Pharmaceuticals Corp. (OSCI)

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Baltic Dry Index Shipping Rates 5/7/09 BDI

The following is a report on Dry Bulk Shipping Rates for 5/7/09. This data is critical for how the DryBulk Shipping Stocks such as DryShips ( DRYS ), Excel Maritime Carriers ( EXM ), Diana Shipping ( DSX ), Genco Shipping ( GNX ), TBS International ( TBSI ), Navios Maritime ( NM ), and OceanFreight ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world economy has come to a screeching halt!
http://dryindex.com - Discuss Stocks - http://stockstobuy.org

Dry Bulk Shipping Rates - May 7, 2009 - Up 5 Straight Days

Baltic Dry Index ( BDI ) - 2194 Up 129
Baltic Cape Index ( BCI ) - 3046 Up 178
Baltic Panamax Index ( BPI ) - 2084 Up 189
Supramax Index ( BSI ) - 1497 Up 49
Past Bulk Shipping

Discuss the Baltic Dry Index - Click Here

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Bank Stocks May 7, 2009 5/7/09 - BAC

The financial stocks are exploding to the upside today as we await the actual results from the stress tests after the bell today. Just look at some of these gains in pre market today. It looks like a massive short squeeze to me! Wal Mart ( WMT ) reported better then expected same store sales which is adding fuel to the fire as well.

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Bank Stocks - 5/7/09

Citigroup, Inc. (C) - $4.32 Up 11.92%

Bank of America Corporation (BAC) - $14.53 Up 14.50%

Direxion Financial Bull 3X Shares (FAS) - $12.71 Up 11.22%

Wells Fargo & Company (WFC) - $28.23 Up 5.18%

American International Group, Inc. (AIG) - $2.09 Up 13.59%

Fannie Mae (FNM) - $0.96 Up 7.87%

Freddie Mac (FRE) - $1.05 Up 11.70%

Huntington Bancshares Inc. (HBAN) - $3.95 Up 14.49%

Fifth Third Bancorp (FITB) - $6.41 Up 21.45%

General Electric Co. (GE) - $14.31 Up 4.68%

General Motors Corporation (GM) - $1.75 Up 5.42%

Capital One Financial Corp. (COF) - $26.68 Up 19.43%

Direxion Financial Bear 3X Shares (FAZ) - $4.66 Down 11.07%

UltraShort Financials ProShares (SKF) - $39.67 Down 7.74

Check out my report on March 10th, 2009

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

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Cell Therapeutics (CTIC) Stock May 7, 2009

Cell Therapeutics ( CTIC ) reported earnings today, 5/7/09. CTIC stock is trading up in pre market: $1.59 Up 25.36%

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CTIC Stock News - 5/7/09


Cell Therapeutics Reports 76% Decrease in First Quarter 2009 Net Loss Attributable to Common Shareholders; Completion of Pixantrone NDA Submission on Track for Second Quarter 2009

Pixantrone Named-Patient Program Initiated in Europe

Cell Therapeutics, Inc. (CTI) (Nasdaq and MTA: CTIC) reported recent accomplishments and financial results for the quarter ended March 31, 2009.

"Our focus for the first half of 2009 was to initiate and complete the NDA submission for pixantrone while we implemented final steps in our cost cutting efforts and raised much needed operating capital on the least dilutive terms possible -- all while cleaning up the Company's capital structure," said James A. Bianco, M.D., CEO of CTI. "We are pleased with our results as reflected in our first quarter financials. We have cut our net operating losses attributable to common shareholders by 76%, raised gross proceeds of $44.3 million in 2009 and eliminated all of our outstanding preferred stock, while staying on track to complete the NDA submission for pixantrone in June 2009."

Total net operating expenses decreased $21.8 million, or 77%, to $6.6 million for the quarter ended March 31, 2009 compared to $28.4 million for the same period in 2008 as a result of a $10.2 million one-time gain on the sale CTI's investment in the Zevalin joint venture coupled with a decrease in research and development expenses. Excluding the one-time gain, total net operating expenses decreased 41% over the same period last year. Research and development expenses decreased 7.9 million, or 50%, to $8.0 million for the current quarter compared to $15.9 million for the same period in 2008 as the result of cost reduction initiatives and expenses related to our clinical trial programs. Net loss attributable to common shareholders decreased $41.5 million, or 76%, to $13.1 million ($0.05 per share) for the quarter ended March 31, 2009, compared to $54.6 million ($7.68 per share) for the comparable period in 2008. The reduction in net loss per share is primarily due to an increase in the number of shares outstanding, reduction of expenses and gain on sale of CTI's investment in the Zevalin joint venture.

Full Article

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1 and 3 Month Libor Rates - 5/7/09 - Today's Libor Rates

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 5/7/09, are: 1 Month Libor Rate - 0.382%. & 3 Month Libor Rate - 0.956%. The overnight Libor rate is 0.235%. As you can see, Libor Rates have changed today, May 7, 2009. All three libor rates dropped on Thursday

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

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Dow Jones Futures 5/7/09 Stock Market Futures

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How will the stock market open on Thursday - May 7, 2009? The Dow Jones and Stock Market Futures are pointing toward a higher open for pre market. Check out technical analysis for May 7.

Stock Market Futures 5/7/09 - Pre Market Trading - Updated 7:00am EST

Dow Jones Futures - Up 49.75
S&P 500 Futures - Up 5.70
Nasdaq Futures - Up 10
Nikkei - 9385.70 Up 408.33 - Has been closed for 3 days
Oil Futures - 57.76
Gold Futures - 916.80

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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Dow Jones Analysis 5/7/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/7/09

Dow Jones Support & Resistance Levels - May 7, 2009
Resistance Levels: 8500, 8700

Support Levels: 8300, 8190, 8000

http://stockcharts.com/ - Chart

Stock Market Futures

The Dow Jones closed over 8500 which is very bullish. We are now back to early January levels when we had no idea when things would start to get better. Now we are seeing positive signs but are still not out of the woods. There is a possibility that the Dow Jones moves up to test the 200 day moving average in the next month. 8000 is now huge support level. For More Technical Analysis - Go Here

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Stocks to Buy May 7, 2009 5/7/09

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Wednesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for May 7, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Stocks to Watch - 5/7/09 - Stock Market Ideas

Financials: The bank stress test results were leaked all day Wednesday and even the banks that needed the most capital were ripping higher. Here is a list of the financials I will be watching for Thursday.

Financial Bull ( FAS )
Financial Bear ( FAZ )
Citigroup ( C )
Bank of America ( BAC )
Wells Fargo ( WFC )
General Electric ( GE )

Other Stocks to Watch - May 7, 2009

There were so many stocks that were breaking out Wednesday that it was difficult to keep track of them all. I sorted through and picked out the best stocks to watch.

Vignette Corporation (VIGN)
Pyramid Oil Company (PDO)
Lincoln National Corp. (LNC)
Zions Bancorp. (ZION)
True Religion Apparel Inc. (TRLG)
Principal Financial Group Inc. (PFG)
Capital One Financial Corp. (COF)
Huntington Bancshares Inc. (HBAN)
KeyCorp (KEY)
Acorda Therapeutics, Inc. (ACOR)
DryShips, Inc. (DRYS)
Fortress Investment Group LLC (FIG)
Fifth Third Bancorp (FITB)
Hartford Financial Services Group Inc. (HIG)
Las Vegas Sands Corp. (LVS)
MGM Mirage (MGM)

Penny Stocks to Watch - 5/7/09

Cell Therapeutics, Inc. (CTIC)
TLC Vision Corp. (TLCV)
Edge Petroleum Corp. (EPEX)
Lear Corp. (LEA)
Eddie Bauer Holdings, Inc. (EBHI)
NexMed Inc. (NEXM)
Hayes Lemmerz International Inc. (HAYZ)
La Jolla Pharmaceutical Co. (LJPC)
TXCO Resources, Inc. (TXCO)
Verenium Corporation (VRNM)

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

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