How will the stock market open on Tuesday - June 2, 2009? The Dow Jones and Stock Market Futures are pointing toward a lower open for pre market. Check out technical analysis for June 2.
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Stock Market Futures 6/2/09 - Pre Market Trading - Updated 7:55am EST
Dow Jones Futures - Down 10.50
S&P 500 Futures - Down 0.70
Nasdaq Futures - Down 3.30
Nikkei - 9704.31 Up 26.56
Oil Futures - 68.09
Gold Futures - 977.80
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Hot Stock Alerts
Potential Breakout Stocks of the Day:
Monday, June 1, 2009
Dow Jones Analysis 6/2/09 Stock Market Analysis
The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/2/09
Dow Jones Industrial Average Support & Resistance Levels - June 2, 2009
Dow Jones Industrial Average Support & Resistance Levels - June 2, 2009
Resistance Levels: 8765, 9000
Support Levels: 8500, 8250, 8000
http://stockcharts.com/ - Chart
The Dow Jones continued the rally from the last half hour on Friday and is now testing the 200 day moving average which is down to 8765. A close above this level would be very bullish and we could see a run toward 9000 where there is more resistance. 8500 now becomes a support level that must hold from here on out to continue the run. For More Technical Analysis - Go Here
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Dow Jones Close 6/1/09 - Stock Market Closing Prices
Stock Market Closing Prices - 6/1/09
Dow Jones Industrial Average ( DJIA ) Close - 8721.44 Up 221.11
Nasdaq Stock Market Close - 1828.68 Up 54.35
S&P 500 Close - 942.87 Up 23.73
http://dowjonesclose.com
Libor Rates - 6/1/09 - Mortgage Rates
Commodities Closing Prices - 6/1/09
Gold - 976.80
Oil - 68.25
Natural Gas - 4.25
Discuss Stocks - www.stockstobuy.org
The Dow Jones Industrial Average closed at 8721 on 6/1/09, as the stock market exploded higher on a General Motors ( GM ) bankruptcy and better then expected economic data such as construction spending. The Dow Jones Futures opened up higher in pre market and as the economic data trickled out during the morning hours, the stock market went even higher.
The S&P 500 closed over the 200 day moving average for the first time in over a year and the Dow Jones is now in the process of testing It's 200 day moving average. While some Wall Street traders still refer to this run-up as a bear market rally, you cannot ignore the technical signals the stock market is telling us. If GM would have went bankrupt last fall or the start of 2009, the Dow Jones would have been down 800 points in one day. The market is clearly looking past this event and clinging on to signs of a recovery.
The S&P 500 now has support at 930 and 900 while the Dow Jones has support at 8600 and 8500. Check out some of the events I will be watching for Tuesday.
Check out my stocks to watch report for Tuesday. I will also have technical analysis of the stock market tonight - Right Here
Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
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Dow Jones Industrial Average ( DJIA ) Close - 8721.44 Up 221.11
Nasdaq Stock Market Close - 1828.68 Up 54.35
S&P 500 Close - 942.87 Up 23.73
http://dowjonesclose.com
Libor Rates - 6/1/09 - Mortgage Rates
Commodities Closing Prices - 6/1/09
Gold - 976.80
Oil - 68.25
Natural Gas - 4.25
Discuss Stocks - www.stockstobuy.org
The Dow Jones Industrial Average closed at 8721 on 6/1/09, as the stock market exploded higher on a General Motors ( GM ) bankruptcy and better then expected economic data such as construction spending. The Dow Jones Futures opened up higher in pre market and as the economic data trickled out during the morning hours, the stock market went even higher.
The S&P 500 closed over the 200 day moving average for the first time in over a year and the Dow Jones is now in the process of testing It's 200 day moving average. While some Wall Street traders still refer to this run-up as a bear market rally, you cannot ignore the technical signals the stock market is telling us. If GM would have went bankrupt last fall or the start of 2009, the Dow Jones would have been down 800 points in one day. The market is clearly looking past this event and clinging on to signs of a recovery.
The S&P 500 now has support at 930 and 900 while the Dow Jones has support at 8600 and 8500. Check out some of the events I will be watching for Tuesday.
Check out my stocks to watch report for Tuesday. I will also have technical analysis of the stock market tonight - Right Here
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
Stocks to Buy June 2, 2009 6/2/09
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 June 2, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here
Discuss Stocks - www.stockstobuy.org
Stocks to Watch - 6/2/09 - Stock Market Ideas
Cell Therapeutics, Inc. (CTIC) - CTIC stock was halted in Monday afternoon and the company came out with positive pixantrone data on non-Hodgkin's lymphoma. I am not an expert on drug news but I have a feeling CTIC stock will be very active on Tuesday - If you haven't had CTIC on your stock trading radar for the past few months...shame on you! CTIC has been the most popular stock for traders in 2009 so far and now we are seeing why. CTIC has resistance at $1.85, $2.50. Discuss CTIC.
Force Protection Inc. (FRPT) - FRPT stock has been soaring lately and was recommended by John Narjarian today on CNBC's Fast Money - FRPT hit a new 52 week high Monday afternoon at $10.03.
Hemispherx Biopharma, Inc. (HEB) - Still waiting for the FDA decision on Ampligen
Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock broke through and closed over $10, this area now becomes support and FAS could now be headed back to the next resistance level at $12.53. If the FAS breaks $10 I will jump into FAZ for a quick trade.
Citigroup Inc (C:NYSE) - Citigroup stock has stalled between $3.60-$3.80. A break below $3.60 would be bearish but a break above $4.00 would be very bullish and I would buy C stock. Until then, Citigroup is dead money from a stock trading perspective.
Bank of America Corp. (NYSE:BAC) - As far as BAC goes, I am waiting for a break back above $12 to start trading Bank of America from the long side. This would be the start of a technical break out.
Ford Motor Company (F) - Ford is jumping today on the GM bankruptcy news - F stock has resistance at $6.54.
United States Natural Gas Fund, LP ( UNG ) - I strongly believe natural gas has bottomed and actually put in a double bottom last week. The UNG is a strong buy on major pullbacks. Natural Gas is the most volatile commodes right now so be careful.
S&P 500 - The S&P 500 will be closing over the 200 day moving average on Monday for the first time in one year. If you like the S&P 500, check out SPX
Other Stocks to Watch - June 2, 2009
PMI Group Inc. (PMI)
Green Plains Renewable Energy, Inc. (GPRE)
Celldex Therapeutics, Inc. (CLDX)
U.S. Global Investors, Inc. (GROW)
Aeterna Zentaris Inc. (AEZS)
Boise, Inc. (BZ)
General Moly, Inc. (GMO)
G-III Apparel Group, Ltd. (GIII)
American Axle & Manufacturing Holdings Inc. (AXL)
Petrobras EnergĂa Participaciones S.A. (PZE)
CBS Corporation (CBS)
Air Transport Services Group, Inc. (ATSG)
Penny Stocks to Watch - 6/1/09
Hana Biosciences, Inc. (HNAB)
Keryx Biopharmaceuticals Inc. (KERX)
Barzel Industries Inc. (TPUT)
Corus Bankshares Inc. (CORS)
Telik Inc. (TELK)
Triad Guaranty Inc. (TGIC)
Edge Petroleum Corp. (EPEX)
Dot Hill Systems Corp. (HILL)
NetSol Technologies Inc. (NTWK)
MIVA Inc. (MIVA)
Cardica Inc. (CRDC)
iGo, Inc. (IGOI)
Synthesis Energy Systems, Inc. (SYMX)
ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS)
China Direct, Inc. (CDII)
Antigenics Inc. (AGEN)
Dune Energy Inc. (DNE)
US Geothermal Inc. (HTM)
Globalstar Inc. (GSAT)
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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Stocks to Watch - 6/2/09 - Stock Market Ideas
Cell Therapeutics, Inc. (CTIC) - CTIC stock was halted in Monday afternoon and the company came out with positive pixantrone data on non-Hodgkin's lymphoma. I am not an expert on drug news but I have a feeling CTIC stock will be very active on Tuesday - If you haven't had CTIC on your stock trading radar for the past few months...shame on you! CTIC has been the most popular stock for traders in 2009 so far and now we are seeing why. CTIC has resistance at $1.85, $2.50. Discuss CTIC.
Force Protection Inc. (FRPT) - FRPT stock has been soaring lately and was recommended by John Narjarian today on CNBC's Fast Money - FRPT hit a new 52 week high Monday afternoon at $10.03.
Hemispherx Biopharma, Inc. (HEB) - Still waiting for the FDA decision on Ampligen
Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock broke through and closed over $10, this area now becomes support and FAS could now be headed back to the next resistance level at $12.53. If the FAS breaks $10 I will jump into FAZ for a quick trade.
Citigroup Inc (C:NYSE) - Citigroup stock has stalled between $3.60-$3.80. A break below $3.60 would be bearish but a break above $4.00 would be very bullish and I would buy C stock. Until then, Citigroup is dead money from a stock trading perspective.
Bank of America Corp. (NYSE:BAC) - As far as BAC goes, I am waiting for a break back above $12 to start trading Bank of America from the long side. This would be the start of a technical break out.
Ford Motor Company (F) - Ford is jumping today on the GM bankruptcy news - F stock has resistance at $6.54.
United States Natural Gas Fund, LP ( UNG ) - I strongly believe natural gas has bottomed and actually put in a double bottom last week. The UNG is a strong buy on major pullbacks. Natural Gas is the most volatile commodes right now so be careful.
S&P 500 - The S&P 500 will be closing over the 200 day moving average on Monday for the first time in one year. If you like the S&P 500, check out SPX
Other Stocks to Watch - June 2, 2009
PMI Group Inc. (PMI)
Green Plains Renewable Energy, Inc. (GPRE)
Celldex Therapeutics, Inc. (CLDX)
U.S. Global Investors, Inc. (GROW)
Aeterna Zentaris Inc. (AEZS)
Boise, Inc. (BZ)
General Moly, Inc. (GMO)
G-III Apparel Group, Ltd. (GIII)
American Axle & Manufacturing Holdings Inc. (AXL)
Petrobras EnergĂa Participaciones S.A. (PZE)
CBS Corporation (CBS)
Air Transport Services Group, Inc. (ATSG)
Penny Stocks to Watch - 6/1/09
Hana Biosciences, Inc. (HNAB)
Keryx Biopharmaceuticals Inc. (KERX)
Barzel Industries Inc. (TPUT)
Corus Bankshares Inc. (CORS)
Telik Inc. (TELK)
Triad Guaranty Inc. (TGIC)
Edge Petroleum Corp. (EPEX)
Dot Hill Systems Corp. (HILL)
NetSol Technologies Inc. (NTWK)
MIVA Inc. (MIVA)
Cardica Inc. (CRDC)
iGo, Inc. (IGOI)
Synthesis Energy Systems, Inc. (SYMX)
ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS)
China Direct, Inc. (CDII)
Antigenics Inc. (AGEN)
Dune Energy Inc. (DNE)
US Geothermal Inc. (HTM)
Globalstar Inc. (GSAT)
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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Cell Therapeutics CTIC Stock Halted - News Pending
This afternoon, 6/1/09, Cell Therapeutics, Inc. (CTIC) stock has been halted for news pending. The company will be presenting at the ASCO conference today so i'm assuming this has something to do with the halt.
I will post the news when it hits - you can discuss CTIC at www.stockstobuy.org or view our recent discussion thread.
CTIC News - June 1, 2009
Pixantrone Significantly Increases Complete Remissions, Overall Response Rates, Frequency of Durable Remissions and Progression Free Survival in Patients with Relapsed and Refractory Aggressive Non-Hodgkin's Lymphoma
Cell Therapeutics, Inc. ("CTI") (Nasdaq and MTA: CTIC) announced today that at the 2009 American Society for Clinical Oncology ("ASCO") Annual Meeting for the first time since the top-line data were released, complete pivotal phase III results of CTI's EXTEND (PIX 301) clinical trial of pixantrone (the "PIX 301 EXTEND trial") in relapsed or refractory aggressive non-Hodgkin's lymphoma ("NHL") were presented by Principal Investigator, Ruth Pettengell, M.D. of St. George's Hospital, University of London, the lead investigator for the PIX 301 EXTEND trial who presented the study at ASCO.
"Anthracycline-related drugs can be effective salvage agents in aggressive NHL, but our use of them is limited by the significant increase in risk of cardiac failure associated with high cumulative doses of these drugs," said Dr. Pettengell. "These results represent a breakthrough in that pixantrone could extend our ability to use a highly active anthracycline-like drug in such patients and deserves to be examined in anthracycline naive patients as a potential alternative to currently available standard anthracycline drugs." Full Article
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I will post the news when it hits - you can discuss CTIC at www.stockstobuy.org or view our recent discussion thread.
CTIC News - June 1, 2009
Pixantrone Significantly Increases Complete Remissions, Overall Response Rates, Frequency of Durable Remissions and Progression Free Survival in Patients with Relapsed and Refractory Aggressive Non-Hodgkin's Lymphoma
Cell Therapeutics, Inc. ("CTI") (Nasdaq and MTA: CTIC) announced today that at the 2009 American Society for Clinical Oncology ("ASCO") Annual Meeting for the first time since the top-line data were released, complete pivotal phase III results of CTI's EXTEND (PIX 301) clinical trial of pixantrone (the "PIX 301 EXTEND trial") in relapsed or refractory aggressive non-Hodgkin's lymphoma ("NHL") were presented by Principal Investigator, Ruth Pettengell, M.D. of St. George's Hospital, University of London, the lead investigator for the PIX 301 EXTEND trial who presented the study at ASCO.
"Anthracycline-related drugs can be effective salvage agents in aggressive NHL, but our use of them is limited by the significant increase in risk of cardiac failure associated with high cumulative doses of these drugs," said Dr. Pettengell. "These results represent a breakthrough in that pixantrone could extend our ability to use a highly active anthracycline-like drug in such patients and deserves to be examined in anthracycline naive patients as a potential alternative to currently available standard anthracycline drugs." Full Article
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Biggest Stock Gainers 6/1/09 June 1, 2009
Today, June 1, 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
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Top Stocks 6/1/09 - Biggest Gainers Today
Aeterna Zentaris Inc. (AEZS) - $2.32 Up 37.28% - AEterna Zentaris Partner Keryx Reports Positive Phase 2 Data for Perifosine (KRX-0401) in Colon and Kidney Cancer at ASCO Meeting
Celldex Therapeutics, Inc. (CLDX) - $11.80 Up 30.82% - Celldex Therapeutics Announces CDX-1307 Clinical Data at 45th Annual ASCO Meeting - CEO was on CNBC this morning
PMI Group Inc. (PMI) - $2.28 Up 31.03% - PMI Amended and Restated Credit Agreement Becomes Effective
U.S. Global Investors, Inc. (GROW) - $8.28 Up 21.84% - No News
Kirkland's Inc. (KIRK) - $9.38 Up 17.54% - No News
Amerigon Inc. (ARGN) - $5.12 Up 15.32% - Amerigon Heated and Ventilated Seat System Selected as Option for 2010 KIA Mohave and 2010 KIA Borrego
American Axle & Manufacturing Holdings Inc. (AXL) - $2.34 Up 14.71% - General Motors files for bankruptcy
YRC Worldwide Inc. (YRCW) - $2.94 Up 13.95% - Stock market is rising - transports are higher
Net 1 Ueps Technologies Inc. (UEPS) - $14.12 Up 15.55% - No News
Elan Corp. plc (ELN) - $7.95 Up 13.90% - Elan shares up 5 percent as Bristol-Myers eyes stake
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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Top Stocks 6/1/09 - Biggest Gainers Today
Aeterna Zentaris Inc. (AEZS) - $2.32 Up 37.28% - AEterna Zentaris Partner Keryx Reports Positive Phase 2 Data for Perifosine (KRX-0401) in Colon and Kidney Cancer at ASCO Meeting
Celldex Therapeutics, Inc. (CLDX) - $11.80 Up 30.82% - Celldex Therapeutics Announces CDX-1307 Clinical Data at 45th Annual ASCO Meeting - CEO was on CNBC this morning
PMI Group Inc. (PMI) - $2.28 Up 31.03% - PMI Amended and Restated Credit Agreement Becomes Effective
U.S. Global Investors, Inc. (GROW) - $8.28 Up 21.84% - No News
Kirkland's Inc. (KIRK) - $9.38 Up 17.54% - No News
Amerigon Inc. (ARGN) - $5.12 Up 15.32% - Amerigon Heated and Ventilated Seat System Selected as Option for 2010 KIA Mohave and 2010 KIA Borrego
American Axle & Manufacturing Holdings Inc. (AXL) - $2.34 Up 14.71% - General Motors files for bankruptcy
YRC Worldwide Inc. (YRCW) - $2.94 Up 13.95% - Stock market is rising - transports are higher
Net 1 Ueps Technologies Inc. (UEPS) - $14.12 Up 15.55% - No News
Elan Corp. plc (ELN) - $7.95 Up 13.90% - Elan shares up 5 percent as Bristol-Myers eyes stake
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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Hot Penny Stocks 6/1/09 June 1, 2009
Today, 6/1/09, 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. You can find ALL Penny Stock Reports Here
Penny Stock Gainers - June 1, 2009
Discuss Stocks - http://stockstobuy.org
Keryx Biopharmaceuticals Inc. (KERX) - $1.29 Up 84.29% - Keryx Biopharmaceuticals Announces Positive Data from a Randomized, Multi-Center, Placebo-Controlled, Phase 2 Combination Study of KRX-0401 (Perifosine) in the Treatment of Advanced Metastatic Colon Cancer
Sunesis Pharmaceuticals Inc. (SNSS) - $0.74 Up 34.64% - Sunesis Pharmaceuticals Presents Voreloxin Clinical Data at the American Society of Clinical Oncology 2009 Annual Meeting
Meridian Resource Corp. (TMR) - $0.60 Up 22.45% - Oil prices rising
Other Penny Stock Gainers: 6/1/09
iGo, Inc. (IGOI)
ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS)
LTX-Credence Corporation (LTXC)
Edge Petroleum Corp. (EPEX)
Dune Energy Inc. (DNE)
Oscient Pharmaceuticals Corp. (OSCI)
Generex Biotechnology Corp. (GNBT)
Dot Hill Systems Corp. (HILL)
Telkonet Inc. (TKO)
India Globalization Capital, Inc. (IGC)
Telik Inc. (TELK)
Anchor BanCorp Wisconsin, Inc. (ABCW)
Antigenics Inc. (AGEN)
Corus Bankshares Inc. (CORS)
MIVA Inc. (MIVA)
AP Pharma Inc. (APPA)
Barzel Industries Inc. (TPUT)
China Direct, Inc. (CDII)
SourceForge, Inc. (LNUX)
US Geothermal Inc. (HTM)
Pinnacle Gas Resources, Inc. (PINN)
YM BioSciences Inc. (YMI)
Peregrine Pharmaceuticals Inc. (PPHM)
Cell Therapeutics, Inc. (CTIC)
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stock Message Board
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Penny Stock Gainers - June 1, 2009
Discuss Stocks - http://stockstobuy.org
Keryx Biopharmaceuticals Inc. (KERX) - $1.29 Up 84.29% - Keryx Biopharmaceuticals Announces Positive Data from a Randomized, Multi-Center, Placebo-Controlled, Phase 2 Combination Study of KRX-0401 (Perifosine) in the Treatment of Advanced Metastatic Colon Cancer
Sunesis Pharmaceuticals Inc. (SNSS) - $0.74 Up 34.64% - Sunesis Pharmaceuticals Presents Voreloxin Clinical Data at the American Society of Clinical Oncology 2009 Annual Meeting
Meridian Resource Corp. (TMR) - $0.60 Up 22.45% - Oil prices rising
Other Penny Stock Gainers: 6/1/09
iGo, Inc. (IGOI)
ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS)
LTX-Credence Corporation (LTXC)
Edge Petroleum Corp. (EPEX)
Dune Energy Inc. (DNE)
Oscient Pharmaceuticals Corp. (OSCI)
Generex Biotechnology Corp. (GNBT)
Dot Hill Systems Corp. (HILL)
Telkonet Inc. (TKO)
India Globalization Capital, Inc. (IGC)
Telik Inc. (TELK)
Anchor BanCorp Wisconsin, Inc. (ABCW)
Antigenics Inc. (AGEN)
Corus Bankshares Inc. (CORS)
MIVA Inc. (MIVA)
AP Pharma Inc. (APPA)
Barzel Industries Inc. (TPUT)
China Direct, Inc. (CDII)
SourceForge, Inc. (LNUX)
US Geothermal Inc. (HTM)
Pinnacle Gas Resources, Inc. (PINN)
YM BioSciences Inc. (YMI)
Peregrine Pharmaceuticals Inc. (PPHM)
Cell Therapeutics, Inc. (CTIC)
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 6/1/09 BDI
The BDI data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd( EXM ), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), and OceanFreight Inc ( 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 - June 1, 2009 - Up 21 Straight Days
Baltic Dry Index ( BDI ) - 3681 Up 187
Baltic Cape Index ( BCI ) - 6549 Up 424
Baltic Panamax Index ( BPI ) - 3093 Up 193
Supramax Index ( BSI ) - 1835 Up 4
Past Bulk Shipping
Discuss the Baltic Dry Index - Click Here
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http://dryindex.com - Discuss Stocks - http://stockstobuy.org
Dry Bulk Shipping Rates - June 1, 2009 - Up 21 Straight Days
Baltic Dry Index ( BDI ) - 3681 Up 187
Baltic Cape Index ( BCI ) - 6549 Up 424
Baltic Panamax Index ( BPI ) - 3093 Up 193
Supramax Index ( BSI ) - 1835 Up 4
Past Bulk Shipping
Discuss the Baltic Dry Index - Click Here
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Mortgage Rates Today 6/1/09 June 1, 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 - 6/1/09
40-Year Fixed 6.750% 6.954%
30-Year Fixed 5.375% 5.593%
20-Year Fixed 5.375% 5.669%
15-Year Fixed 4.875% 5.241%
5-Year ARM 4.250% 4.212%
FHA Loan - 30 yr fixed - 5.50% 6.17%
For Previous Mortgage Rates - Click Here
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Loan Type - Interest Rate - APR - 6/1/09
40-Year Fixed 6.750% 6.954%
30-Year Fixed 5.375% 5.593%
20-Year Fixed 5.375% 5.669%
15-Year Fixed 4.875% 5.241%
5-Year ARM 4.250% 4.212%
FHA Loan - 30 yr fixed - 5.50% 6.17%
For Previous Mortgage Rates - Click Here
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1 and 3 Month Libor Rates - 6/1/09 - Today's Libor Rates
It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 6/1/09, are: 1 Month Libor Rate - 0.320%. & 3 Month Libor Rate - 0.650%. The overnight Libor rate is 0.263%. As you can see, Libor Rates have changed today, June 1, 2009. The Overnight and 3 month libor rates went down while the 1 month libor rate rose.
Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.
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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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