By Tim - http://stockstobuy.org
Stock Market Closing Prices - 10/12/10
Dow Jones Industrial Average ( DJIA ) Close - 11020.40 Up 10.06
Nasdaq Stock Market Close - 2417.92 Up 15.59
S&P 500 Close - 1169.77 Up 4.45
http://dowjonesclose.com
Libor Rates - 10/12/10 - Mortgage Rates
Commodities Closing Prices - 10/12/10
Gold Close - 1351.50
Oil Close - 81.77
Natural Gas Close - 3.66
The Dow Jones Industrial Average closed at 11020 on 10/12/10, as the stock market traded higher and continues to break out to the upside. As far as stock trading goes, I tried to short ASTI several times today but could not get filled. I continue to hold HDY which has greatly run beyond my expectations. I could make the case that the stock is still incredibly undervalued but is still very risky ( so I will not make the case right now ). Given the risk, I have a hold rating on the stock in the short term and will not be buying more until I see a major dip. HDY is my top stock pick for 2011 as of right now. We could see a run-up into the October 25th meeting but then a sell on the news event. I will keep you updated on my thoughts.
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