Stock Market Closed 1/16/17 January 16, 2017 - Martin Luther King Jr Day

Stock Market Closed Martin Luther King Jr. Day 1/16/17 January 16, 2017 - @Stockstobuy - 

The Dow Jones and Stock Market will be closed for Martin Luther King Jr. Day.  Every year the stock market observes MLK Day by closing the exchanges.  Here is the 2017 Martin Luther King holiday schedule.

What time does the stock market close?

January 16, 2017 - Stock Market Closed - Martin Luther King Jr. Day
January 17, 2017 - Stock Market Open - Normal Trading Hours

Now is the perfect time to catch up on the action in 2017 - Check out - Top Stocks 2017 - Top Penny Stocks 2017 - Stocks to Watch 2017

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Dow Jones Close 1/16/09 - Stock Market Closing Prices

Stock Market Closing Prices - 1/16/09

Dow Jones Industrial Average ( DJIA ) Close - 8281.22 Up 68.73
Nasdaq Stock Market Close - 1529.33 Up 17.49
S&P 500 Close - 850.09 Up 6.35
http://dowjonesclose.com

Libor Rates - 1/16/09

1 Month - 0.359%
3 Month - 1.143%

Commodities Closing Prices - 1/16/09

Gold - 842.50
Oil - 36.01
Natural Gas - 4.79

The Dow Jones Industrial Average closed at 8281 on 1/16/09, as the stock market rallied as Bank of America ( BAC ) and Citigroup ( C ) released horrible earnings but Intel ( INTC ) showed us that earnings might not be so bad for the 4th quarter. The Dow Jones opened up around 8300, dropped to 8100, and then bounced back into the 8300 area at the end of the day. Bill Gross came out in the afternoon and stated that the worst of the credit crisis as far as these banks' balance sheets go, could be over. This would be great news. Monday, the Stock Market will be closed followed by the Presidential Inauguration of Barack Obama on Tuesday. Stocks could rally because of this just like what happened leading up to the Election. I think 8500 could be difficult to get through however. I will have more technical analysis of the markets over the weekend, Right Here. Stock to Watch - Palm - continues to surge after the new product was released at the CES.

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

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Biggest Stock Gainers 1/16/09 - TRA AVII

Today, January 16, 2009, their are two stocks gainers that are exploding to the upside in the first hour of trading. Check out today's biggest gainers and the Top Stocks for 2009

January 16, 2009 - Stock Gainers

Terra Industries ( TRA ) - $20.52 Up 25.84% - Fertilizer maker CF bids $2.1 bln for rival Terra Industries

First Horizon National ( FHN ) - $8.80 Up 18% - First Horizon narrows fourth-quarter loss, FHN appears to be getting a dead cat bounce.

AVI Biopharma ( AVII ) - $1.40 Up 21.10% - AVII continues to surge higher on the Jan 12th news - AVI BioPharma and Collaborators Demonstrate In Vivo Effectiveness of PPMO-Based Splice Switching Oligomers (SSOs) in Genetic Disease Target

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Baltic Dry Index Shipping Rates - 1/16/09 BDI

The following is a report on Dry Bulk Shipping Rates for 1/16/09. 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/

Dry Bulk Shipping Rates - January 16, 2009

Baltic Dry Index ( BDI ) - 881 Down 27
Spot 4 - TC Average - 14380 Down 1006
Baltic Cape Index ( BCI ) - 1760 Down 90
Baltic Panamax Index ( BPI ) - 496 Down 6
Baltic Supramax Index ( BSI ) - 418 Up 5
Past Bulk Shipping Rates

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Dow Jones Futures 1/16/09 - Stock Market Futures

How will the Dow Jones and Stock Market Open on 1/16/09? Thanks to the Bank of America ( BAC ) and Citigroup ( C ) news, the stock market futures are surging higher!

Pre Market - Stock Market Futures January 16, 2009

Dow Jones Futures - Up 130
Nasdaq Futures - Up 16
S&P 500 Futures - Up 13.50

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

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1 and 3 Month Libor Rates - 1/16/09 - Today's Libor Rates

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 1/16/09, are: 1 Month Libor Rate - 0.359% & 3 Month Libor Rate - 1.143%. The overnight Libor rate is 0.136%. As you can see, Libor Rates have changed today, January 16, 2009. All three Libor Rates went up for the second straight day, something I haven't seen since November.
Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.

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Dow Jones Analysis 1/16/09 - Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 1/16/09

Dow Jones Support & Resistance Levels - January 16, 2009

Resistance Levels: 8350, 8500, 8765

Support Levels: 8150, 8000, 7965
http://stockcharts.com - Chart

The Dow Jones bounced 250 points off the support level of 8000 today. This is bullish action because it shows you where the buyers are located. Expect this to happen again if 800 is tested. Right now, there is some support at the 8150 level, a level we haven't closed below since November. On the upside, look for selling to hit the market when we get near 8500 and the 50 day moving average ( 8598 ). These will be major resistance levels.

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Nasdaq Analysis 1/16/09 January 16, 2009

The following is Technical Analysis for the Nasdaq ( NAS ) for 1/16/09

Nasdaq Support & Resistance Levels - January 16, 2009

Resistance Levels: 1551, 1600, 1665

Support Levels: 1500, 1450

http://stockcharts.com - Chart

The Nasdaq tested a major support level today of 1450, hit 1456, and bounced back over 1500. This is very bullish action believe it or not. 1500 now becomes support again and if it is closed below, 1450 will be tested once again. Resistance Levels: The Nasdaq will start to have trouble at or near the 50 day moving average which is currently located at 1539. If this level is broken look for the next resistance level to be at the 10 day moving average, or 1579. The volatility seems to be back so know your support and resistance levels!

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