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

Stock Market Closing Prices - 5/5/09

Dow Jones Industrial Average ( DJIA ) Close - 8410.65 Down 16.09
Nasdaq Stock Market Close - 1754.12 Down 9.44
S&P 500 Close - 903.80 Down 3.44
http://dowjonesclose.com/

Libor Rates - 5/05/09 - Mortgage Rates

Commodities Closing Prices - 5/5/09

Gold - 898.800
Oil - 53.93
Natural Gas - 3.62


The Dow Jones Industrial Average closed at 8411 on 5/5/09, as the stock market gave back a small amount of gains after a huge move late in the day on Monday. The Dow Jones Futures were down this morning but the Dow hit a fresh monthly high of 8458 right after the open. 8500 will be a tough area to get close over, especially with the bank stress test results looming on the horizon. Tomorrow morning, Wall Street will receive the latest ADP employment data which should be a stock market moving event. Top economists expect a loss of 643K jobs. The financials were strong today led by Citigroup ( C ) and Bank of America ( BAC ). Both stocks were up around 5%.

The best group of stocks today were once again the Casino Stocks. MGM reported better then expected earnings as did Wynn Resorts Ltd. (WYNN). Las Vegas Sands ( LVS ) reports tonight after the bell and Boyd Gaming ( BYD ) is out with earnings tomorrow. I'd be a buyer for a trade on any strong pullbacks.

Check out the stocks to watch for Wednesday as well as my new message board. 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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Mortgage Rates Today 5/5/09 May 5, 2009

Housing Bottom? One of the things I watch for regarding a possible housing bottom are daily mortgage rates. Below is list of Today's Mortgage Rates out of Wells Fargo.

Loan Type - Interest Rate - APR - 5/05/09

40-Year Fixed 6.500% 6.700%
30-Year Fixed 4.750% 4.960%
20-Year Fixed 5.000% 5.289%
15-Year Fixed 4.625% 4.989%
5-Year ARM 4.125% 4.327%

For Previous Mortgage Rates - Click Here

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

Today, May 5, 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 5/5/09 - Biggest Gainers Today

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Crosstex Energy Inc. (XTXI) - Crosstex Energy LP (XTEX) - Crosstex Energy Hosts First-Quarter Earnings Conference Call May 8, 2009

MGM Mirage (MGM) - $11.00 Up 16.53% - MGM Mirage posts qtrly profit on sale of resort

Beazer Homes USA Inc. (BZH) - $3.63 Up 18.63% - Beazer Homes USA Inc. Earnings Conference Call (Q2 2009)

CROCS Inc. (CROX) - $3.77 Up 15.98% - Option players hope to catch more share gains in Crocs - Earnings May 7th.

Geron Corporation (GERN) - $6.13 Up 15.23% - Guy Adami on Fast Money says he thinks GERN stock could go to $10 rather then to $0. At $5.30, he thought there was upside potential.

IntercontinentalExchange, Inc. (ICE) - $102.77 Up 13.65% - ICE earnings fall 22 pct, sees CDS revenue in '09

Fortress Investment Group LLC (FIG) - $6.03 Up 13.99% - Guy Adami, CNBC Fast Money, likes this stock ahead of earnings May 6th.

Solarfun Power Holdings Co. Ltd. (SOLF) - $5.43 Up 10.64% - Canadian Solar ( CSIQ ) Deal Powers Chinese Solar Index

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

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

Today, 5/5/09, 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

Penny Stock Gainers - May 5, 2009

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Global Energy Holdings Group, Inc. (GNH) - $0.26 Up 116.85% - No News, huge block bids at $0.19 & $0.20

Pacific Ethanol, Inc. (PEIX) - $0.48 Up 14.29% - No News

Cell Therapeutics, Inc. (CTIC) - $0.65 Up 38.02% -Pixantrone Now Available in Europe on a Named-Patient Basis.

Pinnacle Gas Resources, Inc. (PINN) - $0.29 Up 8% - PINN is moving this morning on higher then average volume.

On Track Innovations Ltd. (OTIV) - $1.56 Up 11.54% - OTI to Discuss Contactless Smart Cards as Medical Passports At the CTST The Americas 2009 Show in New Orleans

Columbia Bancorp. (CBBO) - $1.87 Up 49.60% - No News

Edge Petroleum Corp. (EPEX) - $0.39 Up 25.40% - No News

Verenium Corporation (VRNM) - $0.46 Up 21.03% - Verenium to Announce First Quarter 2009 Financial Results

Strategic Hotels & Resorts, Inc. (BEE) - $1.39 up 21.93% - No News

American International Group, Inc. (AIG) - $1.66 Up 13.70% - AIG to post first-quarter loss, no new bailout: source

Crystallex International Corp. (KRY) - $0.37 Up 12.03% - No News

Teton Energy Corp. (TEC) - $0.53 Up 32.25% - TEC announces earnings date

PMI Group Inc. (PMI) - $1.42 Up 31.48% - No News

OceanFreight, Inc. (OCNF) - $1.92 Up 9.72% - No News, OCNF continues to break out but has pulled back from the open over $2.00.

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

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Baltic Dry Index Shipping Rates 5/5/09 BDI

The following is a report on Dry Bulk Shipping Rates for 5/5/09. 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 5, 2009 - Up 3 Straight Days

Baltic Dry Index ( BDI ) - 1897 Up 91
Baltic Cape Index ( BCI ) - 2528 Up 152
Baltic Panamax Index ( BPI ) - 1702 Up 146
Supramax Index ( BSI ) - 1430
Past Bulk Shipping

Discuss the Baltic Dry Index - Click Here

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FAS - FAZ Stock Analysis May 5, 2009

The Direxion Financial Bull 3X Shares ETF ( FAS ) and the Direxion Financial Bear 3X Shares ETF ( FAZ ) have been very active over the past six months. The following is technical analysis on Financial Bull ( FAS ) for 5/5/09. Knowing the support and resistance levels for FAS will help you trade FAZ.

FAS Support and Resistance Levels - May 5, 2009

Resistance Levels: $10.05, $10.51, $12.53

Support Levels: $8.05, $7.02

http://stockcharts.com - Chart

Discuss Stocks - http://stockstobuy.org

FAS stock surged late in the day yesterday on low volume and is now testing the major resistance level of $10.05. The next levels to worry about are $10.51 and then $12.53.

On the down side, I would buy FAZ if FAS breaks up through $10.05 but cannot hold that level on a closing basis. I would also buy FAZ if FAS sees a run back to $12.53. For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - FAS/FAS Group Message Board

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Cell Therapeutics (CTIC) Stock May 5, 2009

This morning, 5/5/09, Cell Therapeutics, Inc. (CTIC) released news regarding one of their drugs. In pre market trading, CTIC shares are up 19% to $0.56 and breaking out.

CTIC News - 5/5/09

CTIC Stock Forum - www.stockstobuy.org


Pixantrone Now Available in Europe on a Named-Patient Basis

--Cell Therapeutics and IDIS Partner to Accelerate Patient Access to Pixantrone through Program

Cell Therapeutics, Inc. (CTI) (Nasdaq and MTA: CTIC) today announced that pixantrone is now available on a named-patient basis in Europe. Pixantrone will be supplied by IDIS to healthcare professionals for the treatment of individual patients with aggressive non-Hodgkin's lymphoma (NHL) that has either relapsed after standard therapies or is refractory to them. We know of no therapy that has previously been shown to be effective treatment for such patients.

"CTI has worked hard to make pixantrone available in Europe at the prescriber's request as it provides an option for these difficult to treat aggressive NHL patients," noted Craig Philips, President of CTI. "We continue to work toward potential approval of pixantrone at the end of 2009 in the United States and expect to complete the submission of the New Drug Application to the Food & Drug Administration this quarter." Full Article

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

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 5/5/09, are: 1 Month Libor Rate - 0.401%. & 3 Month Libor Rate - 0.986%. The overnight Libor rate is 0.239%. As you can see, Libor Rates have changed today, May 5, 2009. The 1 & 3 Month Libor Rates fell as the Overnight Libor Rate rose. The 3 Month Libor closed under 1 for the first time in a long time!


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


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AIG Stock Analysis May 5, 2009 5/5/09

The following is technical analysis on American International Group ( AIG ) stock for 5/05/09

AIG Support & Resistance Levels - May 5, 2009

Resistance Levels: $2.00, $2.12

Support Levels: $1.50

http://stockcharts.com - Chart

Discuss Stocks - www.stockstobuy.org

AIG stock spiked late in the day and closed over the 10 day moving average on a report that AIG will not need a new bailout. I am watching the resistance levels of $1.78 & $2.00. A close over $2.00 and I will be getting long AIG stock as I believe a break out will occur. If the above plays out, I am looking at $2.12 and $2.84 as potential upside targets. You atleast have an exit plan by putting a stop at $1.99.

Watching for a up big volume day of 200 million +

For More Technical Analysis - Go Here

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Dow Jones Futures 5/5/09 Stock Market Futures

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How will the stock market open on Tuesday - May 5, 2009? The Dow Jones and Stock Market Futures are pointing toward a lower open for pre market. Check out technical analysis for May 5.

Stock Market Futures 5/5/09 - Pre Market Trading - Updated 7:15am EST

Dow Jones Futures - Down 16.75
S&P 500 Futures - Down 1.25
Nasdaq Futures - Down 3.26
Nikkei - 8977 Holiday
Oil Futures - 54.50
Gold Futures - 903

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Dow Jones Analysis 5/5/09 Stock Market Analysis

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

Dow Jones Support & Resistance Levels - May 5, 2009

Resistance Levels: 8500, 8700

Support Levels: 8300, 8190, 8000

http://stockcharts.com/ - Chart

Stock Market Futures

The Dow Jones closed above the late January high of 8405.87 today...a very bullish signal. The real test will come at 8500 where there is significant resistance. Support is now located at 8200 and 8000. A close below 8000 at this point would be very bearish. If the Dow Jones can close above 8500, I think a retest of 9000 could be in the cards. At that point, I'd be starting some short positions. For More Technical Analysis - Go Here

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

Monday, 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 5, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Discuss Stocks - http://stockstobuy.org

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

Financials: The bank stocks surged higher Monday after pending home sales were up 3.2% in March. Here is a list of financials I am watching:

Financial Bull 3x ( FAS ) - FAS has resistance at $8.91 and support around $8.00. A close above $9.00 would be huge for this stock but many people are on the sidelines until the stress test results are released May 7th. If FAS starts to look weak, you can always jump into Financial Bear 3x ( FAZ ).

Citigroup ( C ) - Citi has been turning around lately and I will make a quick trade on a break up through $3.28. When Citigroup stock closes over $3.43, I think there could be a nice break out to the upside. Every time Citigroup has retraced back to $2.60-$2.70 it has been quickly bought up. Regarding the stress test, Wall Street doesn't seem to mind that Citi will need to raise another 10 billion.

Bank of America ( BAC ) - Watching $9.89, a close above $9.89 will bring further upside to BAC stock. I don't see any resistance until $11.23. Wall Street seems to be ok with B of A needing more capital.

Wells Fargo ( WFC ) - Jim Cramer has a price target of $26 which was made the day WFC stock soared as they pre announced earnings. Only $3 away right now.

China Precision Steel, Inc. (CPSL) - CPSL stock was gaining on Monday due to the better then expected China Manufacturing data. CPSL is now approaching prices not seen since the first week of October 2008. I am watching $2.80, $2.98, and $3.43 resistance levels. I feel if one is broken, the next one will be tested. Another China stock that was surging today was China Direct, Inc. (CDII) - 15 times normal volume.

Cell Therapeutics, Inc. (CTIC) - CTIC stock continues to trend higher after a small correction in pre market trading this morning. I am still watching for a close above $0.49 for the fireworks to begin in my opinion.

Other Stocks to Watch - 5/5/09

ACADIA Pharmaceuticals, Inc. (ACAD)
Crosstex Energy LP (XTEX)
Crosstex Energy Inc. (XTXI)
CROCS Inc. (CROX)
China Architectural Engineering, Inc. (CAEI)
National Coal Corp. (NCOC)
Liz Claiborne Inc. (LIZ)
Century Aluminum Co. (CENX)
Canadian Solar Inc. (CSIQ)
Cott Corp. (COT)
MGIC Investment Corp. (MTG)
Fifth Third Bancorp (FITB)
Patriot Coal Corporation (PCX)
Regions Financial Corp. (RF)
Elan Corp. plc (ELN)

Penny Stocks to Watch - May 5th 2009

Granite City Food & Brewery Ltd (GCFB)
Edge Petroleum Corp. (EPEX)
Boise, Inc. (BZ)
PMI Group Inc. (PMI)
Lee Enterprises Inc. (LEE)
Anthracite Capital, Inc. (AHR)
Strategic Hotels & Resorts, Inc. (BEE)
Crystallex International Corp. (KRY)
OceanFreight, Inc. (OCNF)
Parallel Petroleum Corp. (PLLL)
RAM Energy Resources, Inc. (RAME)

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Stock Market May 5, 2009 5/5/09 Wall Street

The stock market exploded higher on Monday due to a better then expected manufacturing number out of China and the fact that March U.S Pending Home Sales showed an increase of 3.2%. This is big news!

What's in store for the stock market Tuesday, May 5th?

Stock Forum - www.stockstobuy.org

Stock Market May 5, 2009

Economic Data:

ISM Services due out at 10am - Wall Street expects a reading of 42.0.

Earnings Reports: The following companies will report earnings Tuesday.


Archer Daniels ADM 5/05 8am .49EPS

Intercontinental Exchange ICE 5/05 8am .96EPS

Tenet Healthcare THC 5/05 8am .03EPS

Walt Disney DIS 5/05 4pm .41EPS

ValueClick VCLK 5/05 4pm .12EPS

True Religion Apparel TRLG 5/05 4pm .29EPS

Electronic Arts ERTS 5/05 4pm -.42EPS

Keep in mind, the bank stress test results will be released on Thursday and the employment report will be released on Friday. We are looking at a busy end of the week coming up soon! The Dow Jones is now testing resistance of 8500 and looks poised to break through this area sometime this week.

I will post my stocks to watch list later today, Right Here

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