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Stock Market Closing Report - 7/6/20 July 6, 2020

Wednesday, August 19, 2009

Dow Jones Close 8/19/09 - Stock Market Closing Prices

Stock Market Closing Prices - 8/19/09

Dow Jones Industrial Average ( DJIA ) Close - 9279.16 Up 61.22
Nasdaq Stock Market Close - 1969.24 Up 13.32
S&P 500 Close - 996.46 Up 6.79

Libor Rates - 8/19/09 - Mortgage Rates

Commodities Closing Prices - 8/19/09

Gold - 943.10
Oil - 72.25
Natural Gas - 3.12

Discuss Stocks -

The Dow Jones Industrial Average closed at 9279 on 8/19/09, as the stock market started the day down big but reversed and ended the day higher. The Dow Jones Futures started the day down around 85 points but improved throughout pre market trading. All of the major stock market averages bounced back to even around 11am and then went positive shortly after. When 2pm EST hit, the Dow was up 85 points before pulling back in the final hour. Tomorrow we will get initial jobless claims data from last week. Wall Street is expecting that the initial jobless claims will come in at 552,000. We will also be getting a look at earnings out of Sears Holdings Corporation (SHLD).

The stock market continues to make people look stupid as most people are looking for a huge correction. During pre market, things looked really bad but buyers jumped in right after the open. Bull Markets don't let people in and pullbacks are shallow and short. I remain bullish as long as the Dow Jones can hold 9000. If we close above 9438 on the Dow, we could easily run up toward 9800 -10,000. Stay Tuned and keep an eye on critical support and resistance levels.
Check out some of the events I will be watching for Thursday.

Also, check out my stocks to watch report for tomorrow. I will also have technical analysis of the stock market tonight - Right Here

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