How will the stock market open on Wednesday - February 4, 2009? The Dow Jones and Stock Market Futures are pointing toward a lower open for pre market trading. All eyes will be on the ADP employment number due out at 8:15am as well as Cisco Systems ( CSCO ) earnings due out at 4pm.
Stock Market Futures 2/4/09 - Pre Market - Updated 7:20 am est
Dow Jones Futures - Down 44
Nasdaq Futures - Down 10
S&P 500 Futures - Down 3.3
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
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Tuesday, February 3, 2009
Dow Jones Analysis 2/4/09 - Stock Market Analysis
The following is Technical Analysis for the Dow Jones ( DJIA ) for 2/4/09Dow Jones Support & Resistance Levels - February 4, 2009
Resistance Levels: 8125, 8400, 8500, 8765
Support Levels: 8000, 7867, 7774
http://stockcharts.com/ - Chart
The Dow Jones tested the 10 day moving average and closed over 8000 today - while this is very positive, we have failed at the 50 day moving average since we broke down through it in early January. It appears we have put in a low at 7867 on Feb 2nd 2009 and we could go back up to the 50 day moving average if we get some volume. Right now the 50 day moving average is at 8462. A close over 8500 would be huge and you would want to be in stocks at that point. Support is at 8000 and 7867 from Feb 2nd - Hogan's Bottom continues to hold! For More Technical Analysis - Go Here
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Nasdaq Analysis 2/04/09 February 4, 2009
The following is Technical Analysis for the Nasdaq ( NAS ) for 2/4/09Nasdaq Support & Resistance Levels - February 4, 2009
Resistance Levels: 1520.58, 1600, 1665
Support Levels: 1500,1480, 1434, 1400
http://stockcharts.com/ - Chart
The Nasdaq had another good day today, closing back over the 10 day moving average and testing the 50 day moving average. The most important thing is we are back over the 1500 level. A close back over the 50 day moving average would bring in more buyers. Support is at 1500 and 1480.
All eyes will be on Cisco's ( CSCO ) earnings due out Feb 4, after the close. This earnings report could be a market mover so watch it closely. Out of all the major averages, the Nasdaq is performing the best! For More Technical Analysis - Go Here
All eyes will be on Cisco's ( CSCO ) earnings due out Feb 4, after the close. This earnings report could be a market mover so watch it closely. Out of all the major averages, the Nasdaq is performing the best! For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
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Dow Jones Close 2/3/09 - Stock Market Closing Prices
Stock Market Closing Prices - 2/3/09
Dow Jones Industrial Average ( DJIA ) Close - 8078.36 Up 141.53
Nasdaq Stock Market Close - 1516.30 Up 21.87
S&P 500 Close - 838.50 Up 13.06
http://dowjonesclose.com
Libor Rates - 2/03/09
1 Month - 0.445%
3 Month - 1.234%
Commodities Closing Prices - 2/3/09
Gold - 900
Oil - 40.91
Natural Gas - 4.53
The Dow Jones Industrial Average closed at 8078 on 2/3/09, as the stock market went up today due to a weak dollar, a Tom Daschle resignation, Timothy Geithner comments, and the fact that technically, we were oversold. The Nasdaq shook off the San Disk news and built on yesterday's gains. The weak dollar was also good for the oil market as oil broke out of a tight range and went through $41 in afternoon trading. This something to watch closely. I personally like to own the USO when I think oil prices are headed higher and I have a nice position in that stock right now. I will be watching the oil supply report out tomorrow to see if oil supplies increased from last week. Any better then expected oil data could really make oil prices spike higher. Timothy Geithner is out stating that when dealing with the current banking crisis, he will be keeping Japan's mistakes in mind. This could be the main reason stocks are surging this afternoon.
Auto Sales - February 3, 2009
The US auto makers reported horrible auto sales today. General Motors ( GM ) January sales were down 50.8% and Ford's ( F ) sales were down 42.5%. Despite the horrible numbers, these two stocks barely moved. The bad news finally appears to be priced in. Toyota sales were down 34.4% and Chrysler sales were down 56.5%
DryShips ( DRYS ) was up 25% today but has fallen 50% in the past week due to their debt. I only like DRYS over $10 because it shows strength in the prospects and fundamentals of the company. An under $10 share price raises many red flags, especially with Baltic Shipping Rates this low.
The Dow Jones is now over 8000 and the Nasdaq is over 1500, these are two levels I like to see. What I would like even more is to see the Dow get back over 8500. I will have full technical analysis on the stock market tonight - Right Here
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Dow Jones Industrial Average ( DJIA ) Close - 8078.36 Up 141.53
Nasdaq Stock Market Close - 1516.30 Up 21.87
S&P 500 Close - 838.50 Up 13.06
http://dowjonesclose.com
Libor Rates - 2/03/09
1 Month - 0.445%
3 Month - 1.234%
Commodities Closing Prices - 2/3/09
Gold - 900
Oil - 40.91
Natural Gas - 4.53
The Dow Jones Industrial Average closed at 8078 on 2/3/09, as the stock market went up today due to a weak dollar, a Tom Daschle resignation, Timothy Geithner comments, and the fact that technically, we were oversold. The Nasdaq shook off the San Disk news and built on yesterday's gains. The weak dollar was also good for the oil market as oil broke out of a tight range and went through $41 in afternoon trading. This something to watch closely. I personally like to own the USO when I think oil prices are headed higher and I have a nice position in that stock right now. I will be watching the oil supply report out tomorrow to see if oil supplies increased from last week. Any better then expected oil data could really make oil prices spike higher. Timothy Geithner is out stating that when dealing with the current banking crisis, he will be keeping Japan's mistakes in mind. This could be the main reason stocks are surging this afternoon.
Auto Sales - February 3, 2009
The US auto makers reported horrible auto sales today. General Motors ( GM ) January sales were down 50.8% and Ford's ( F ) sales were down 42.5%. Despite the horrible numbers, these two stocks barely moved. The bad news finally appears to be priced in. Toyota sales were down 34.4% and Chrysler sales were down 56.5%
DryShips ( DRYS ) was up 25% today but has fallen 50% in the past week due to their debt. I only like DRYS over $10 because it shows strength in the prospects and fundamentals of the company. An under $10 share price raises many red flags, especially with Baltic Shipping Rates this low.
The Dow Jones is now over 8000 and the Nasdaq is over 1500, these are two levels I like to see. What I would like even more is to see the Dow get back over 8500. I will have full technical analysis on the stock market tonight - Right Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Biggest Stock Gainers 2/3/09 - February 3, 2009
Today, February 3, 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.
Hot Stocks 2/3/09 - Biggest Gainers Today
InterMune ( ITMN ) - $16.44 Up 38.50% - ITMN is up big on drug data news - InterMune Reports Results of Two Phase 3 CAPACITY Studies of Pirfenidone in IPF.
DryShips ( DRYS ) - $6.40 Up 31% - DryShips Reaches Preliminary Agreement for Covenant Waiver and Deferral of Loan Installments With Piraeus Bank.
OSI Pharmaceticals ( OSIP ) - $41.13 Up 13.08% - Phase III Study Showed Tarceva in Combination with Avastin as First-Line Maintenance Therapy Improved Progression-Free Survival in Advanced Lung Cancer.
Check out the biggest stock gainers today.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Check out today's biggest gainers and the Top Stocks for 2009.
Hot Stocks 2/3/09 - Biggest Gainers Today
InterMune ( ITMN ) - $16.44 Up 38.50% - ITMN is up big on drug data news - InterMune Reports Results of Two Phase 3 CAPACITY Studies of Pirfenidone in IPF.
DryShips ( DRYS ) - $6.40 Up 31% - DryShips Reaches Preliminary Agreement for Covenant Waiver and Deferral of Loan Installments With Piraeus Bank.
OSI Pharmaceticals ( OSIP ) - $41.13 Up 13.08% - Phase III Study Showed Tarceva in Combination with Avastin as First-Line Maintenance Therapy Improved Progression-Free Survival in Advanced Lung Cancer.
Check out the biggest stock gainers today.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Baltic Dry Index Shipping Rates - 2/3/09 BDI
The following is a report on Dry Bulk Shipping Rates for 2/03/09. 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 - February 3, 2009
Baltic Dry Index ( BDI ) - 1148 Up 49
Spot 4 - TC Average - 18606 Up 910
Baltic Cape Index ( BCI ) - 2093 Up 89
Baltic Panamax Index ( BPI ) - 881 Up 39
Supramax Index ( BSI ) - 556 Up 23
Past Bulk Shipping Rates
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http://dryindex.com/
Dry Bulk Shipping Rates - February 3, 2009
Baltic Dry Index ( BDI ) - 1148 Up 49
Spot 4 - TC Average - 18606 Up 910
Baltic Cape Index ( BCI ) - 2093 Up 89
Baltic Panamax Index ( BPI ) - 881 Up 39
Supramax Index ( BSI ) - 556 Up 23
Past Bulk Shipping Rates
For More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE
1 and 3 Month Libor Rates - 2/3/09 - Today's Libor Rates
It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 2/3/09, are: 1 Month Libor Rate - 0.445% & 3 Month Libor Rate - 1.234%. The overnight Libor rate is 0.331%. As you can see, Libor Rates have changed today, February 3, 2009. All three Libor Rates jumped higher today.
Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
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