Dow Jones Close 4/3/09 - Stock Market Closing Prices

Stock Market Closing Prices - 4/3/09

Dow Jones Industrial Average ( DJIA ) Close - 8017.59 Up 39.51
Nasdaq Stock Market Close - 1621.87 Up 19.24
S&P 500 Close - 842.50 Up 8.12
http://dowjonesclose.com

Libor Rates - 4/03/09

Commodities Closing Prices - 4/03/09

Gold - 896.30
Oil - 52.36
Natural Gas - 3.81

The Dow Jones Industrial Average closed at 8018 on 4/3/09, as the stock market traded sideways after a horrible jobs report. The Dow Jones Futures were up slightly going into the number, received a pop after the number, and then went down going into the opening bell. The Dow Jones, Nasdaq, and S&P 500 went from being positive to negative several times through out the day. The Dow Jones has been hitting up against strong resistance at 8000 after a strong rally and finally closed over this level today!

Key Highlights today:

Dendreon ( DNDN ) stock surges
Bank of America ( BAC ) pays back some of the TARP money
Stocks to Watch for Monday
ISM: Service sector shrinks for 6th straight month
Research in Motion ( RIMM ) reports solid earnings - Stock up 20% to $59

I will have full technical analysis of the stock market tonight - Right Here

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

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Bank of America BAC Paying back TARP

Today, 4/3/09, Bank of America ( BAC ) announced that they will pay back some of the TARP. Financial stocks are surging from this news.

Bank of America to Pay $713 Million in TARP Preferred Dividends - April 3, 2009

CHARLOTTE, N.C., April 3 /PRNewswire/ -- Bank of America Corporation today said the Board of Directors has authorized approximately $713 million in dividend payments to the U.S. government under the Troubled Asset Relief Program (TARP).

(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b)

As previously announced, Bank of America paid its first dividends totaling $402 million to the U.S. Department of the Treasury in February, reflecting the company's ongoing commitment to pay back taxpayers as quickly as possible.

Dividends related to the government's investment in the company under TARP include the following:

The cash dividend of $312.50 per share, or a total of approximately $188 million, on the Fixed Rate Cumulative Perpetual Preferred Stock, Series N, is payable on May 15, 2009 to the Treasury Department, the shareholder of record as of April 30, 2009. This quarterly dividend payment relates to the government's $15 billion investment in Bank of America made under the Capital Purchase Program of TARP.

Full Article Here

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Dendreon DNDN Stock April 3 2009 4/3/09

Dendreon DNDN stock just ripped higher in the past hour and was really lighting up my screen with big buy orders. Not sure if there is some kind of news leak or if this is just one of those classic short squeezes we have been seeing all across the Stock Market lately.

Update: Provenge Receives " Late Breaking Status " - CNBC reports at 3PM EST

Massive Volume! DNDN stock went from $4.40 - $6.60 in about 30 minutes with a 4 million surge in volume.

DNDN Option trading has been bullish over the past Three days. Traders are betting that any day this month Dendreon will release positive clinical data and submit an application to receive FDA approval on their Cancer Drug Provenge.

Here are two great articles from Forbes:

Dendreon Closing In On Provenge Profits - The biotech firm gets closer to its drug hitting the market.

Dendreon Disclosure May Endanger Provenge Study - A decision to trumpet results from an unfinished study could come back to bite the drug maker.

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Biggest Stock Gainers 4/3/09 April 3, 2009

Today, April 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.You can find yesterday's Top Gainers Report Right Here

Hot Stocks 4/3/09 - Biggest Gainers Today

Research In Motion Ltd. (RIMM) - $58.71 Up 19.65% - RIM shares surge on strong results

Allied Irish Banks plc (AIB) - $2.74 Up 24.55% - European Stocks Continue Rally

The Governor and Company of The Bank of Ireland (IRE) - $4.29 Up 26.18% - No News

Zale Corporation (ZLC) - $3.46 Up 23.13% - ZLC goes up every day on No News - Well, Insiders are buying so this might be the catalyst

Century Aluminum Co. (CENX) - $3.63 Up 21.40% - No News, continues to surge!

Melco Crown Entertainment Ltd. (MPEL) - $4.50 Up 13.07% - Melco Crown Entertainment Introduces Innovative 'Quality of Life' Flexible Compressed Workweek: Same Hours, More Days Off

Macerich Co. (MAC) - $8.89 Up 10.57% - A REIT that is surging

Chico's FAS Inc. (CHS) - $6.50 Up 7.62% - Stocks the Rich Executives Are Buying

Kimco Realty Corporation (KIM) - $8.25 Up 10.15% - Kimco prices 91.5M shares at $7.10 per share

IntercontinentalExchange, Inc. (ICE) - $83.84 Up 7.21% - Goldman Sachs ( GS ) adds ICE to conviction buy list

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

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Hot Penny Stocks 4/3/09 April 3, 2009

Today, 4/3/09, 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, especially in this environment! You can find ALL Penny Stock Reports Here


Penny Stock Gainers - April 3, 2009


Somaxon Pharmaceuticals, Inc. (SOMX) - $0.66 Up 78% - No News, someone trying to buy 50,000 shares at $0.66 on the bid - low volume though

Applied Energetics, Inc. (AERG) - $0.29 Up 16% - Form 8-K for APPLIED ENERGETICS, INC

Triad Guaranty Inc. (TGIC) - $0.29 Up 18.00% - No News

TVI Corp. (TVIN) - $0.06 Up 18.00% - No News, but it's only up a penny

Airspan Networks Inc. (AIRN) - $0.11 Up 17.42% - Airspan Announces Interoperability Testing Center - Expanding End User Selection of WiMAX Devices

Delta Petroleum Corp. (DPTR) - $1.94 Up 11.49% - DPTR has been on fire lately on no news, just an oversold bounce.

BioCryst Pharmaceuticals Inc. (BCRX) - $1.93 Up 13.52% - No News, oversold bounce

Cell Therapeutics ( CTIC ) - $0.38 Up 12.00% - CTIC Cell Therapeutics Satisfies NASDAQ Listing Requirements to Continue to Trade on NASDAQ Capital Market.

Hythiam Inc. (HYTM) - $0.33 Up 10% - No News

AspenBio Pharma Inc. (APPY) - $1.73 Up 9.77% - No News


Blockbuster Inc. (BBI) - $0.90 Up 8% - Blockbuster reworks loan pact, gets breathing room - Blockbuster, lenders amend credit agreement, video renter gets breathing room on finances


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


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Baltic Dry Index Shipping Rates 4/3/09 BDI

The following is a report on Dry Bulk Shipping Rates for 4/3/09. 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 - April 3, 2009 - Down 18 Straight Days

Baltic Dry Index ( BDI ) - 1506 Down 32
Spot 4 - TC Average - 17107 Down 346
Baltic Cape Index ( BCI ) - 1962 Down 39
Baltic Panamax Index ( BPI ) - 1186 Down 47
Supramax Index ( BSI ) - 1236 Down 14
Past Bulk Shipping Rates

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1 and 3 Month Libor Rates - 4/3/09 - Today's Libor Rates

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 4/3/09, are: 1 Month Libor Rate - 0.478%. & 3 Month Libor Rate - 1.161%. The overnight Libor rate is 0.272%. As you can see, Libor Rates have changed today, April 3, 2009.
All three libor rates dropped.

Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.

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Dow Jones Futures 4/3/09 Stock Market Futures

How will the stock market open on Friday - April 3, 2009? The Dow Jones and Stock Market Futures are pointing toward a higher open for pre market. Check out technical analysis for April 3.

RIM earnings climb on strong BlackBerry sales - Shares jump after hours as forecast for current quarter beats expectations

Stock Market Futures 4/3/09 - Pre Market Trading - Updated 8:45 am EST

Dow Jones Futures - Up 33
S&P 500 Futures - Up 6.50
Nasdaq Futures - Up 15
Nikkei - 8750 Up 30
Oil Futures - 52.10
Gold Futures - 905.50

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

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Dow Jones Analysis 4/3/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 4/3/09

Dow Jones Support & Resistance Levels - April 3, 2009

Resistance Levels: 8000, 8275, 8500

Support Levels: 7950, 7700

http://stockcharts.com/ - Chart

Stock Market Futures

The Dow Jones broke above the key resistance level of 8000 but pulled back at the end of the day. This is very bullish and it will be interesting to see how the Dow reacts to what will be horrible jobs number tomorrow at 8:30am Est. I don't see any resistance until about 8275 which was the level we were at before Timothy Geithner came out with his horrible bank plan back in February. Pullbacks to 7700 will be bought heavily now that we broke through 8000. Today's move shows us the rally is still alive! RIMM earnings after the bell were unreal!!

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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Stocks to Buy April 3, 2009 4/3/09

Thursday, 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 April 3, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Stocks to Watch - 4/3/09 - Stock Market Ideas

- Employment Report & Unemployment Rate due out 8:30am EST - I will be waiting until after this data is released to trade.

Financials: The bank stocks rallied hard as the market opened Thursday but retraced through out the day. At 2pm they started going back up again but I would have thought financials would have been stronger today. I continue to trade Financial Bull ( FAS ) but got stopped out at the 50 day moving average ( now $6.54 ). I then moved into Financial Bear ( FAZ ) and sold for a profit. I will be trading FAS above $6 and if FAS goes below $6, I will be trading FAZ tomorrow.

Other Financials to Watch:

Citigroup ( C ) - Needs to hold $2.70 and get above $3
Bank of America ( BAC ) - Needs to hold $7
American International Group ( AIG ) - Needs to hold $1.00
General Electric ( GE ) - Needs to get above $11

The following stocks were on fire Thursday, if the jobs data is good tomorrow, look for these stocks to continue their momentum higher. These are the stocks that will be on my watch list.

Research in Motion (RIMM) - Earnings after the bell Thursday
PowerShares DB Crude Oil Dble Long ETN (DXO)
Energy Conversion Devices (ENER)
TRW Automotive Holdings Corp. (TRW)
MGM Mirage (MGM) - Don't like the way this one traded!
Ferro Corp. (FOE)
GrafTech International Ltd. (GTI)
Wyndham Worldwide Corporation (WYN)
Louisiana-Pacific Corp. (LPX)
Oshkosh Corporation (OSK)
Century Aluminum Co. (CENX)
Force Protection Inc. (FRPT)
Carrizo Oil & Gas Inc. (CRZO)


Penny Stocks to Watch

Crocs (CROX)
Wabash National Corp. (WNC)
Phoenix Companies Inc. (PNX) - PNX has been on FIRE!
Delta Petroleum Corp. (DPTR)
8x8 Inc. (EGHT)
Cell Therapeutics (CTIC) - Yes, still watching CTIC, a very volatile penny stock with heavy volume!

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

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