Daily Market Commentary for November 13, 2009

Trade Deficit

Stocks rose slightly today as the Commerce department reported a larger-than-expected increase in the trade deficit, topping analysts’ expectations. (Read more at Millennium-Traders.Com)

Economic data released today:

Trade Balance:
U.S. September Trade Deficit $36.5B; compared to consensus of a deficit of $32.0B; August Trade Balance Revised to Deficit $30.8B from Deficit $30.71B.

Import Price Index:
U.S. October Import Prices rose 0.7%; compared to consensus of an increase by 1.0%; U.S. October Non-Petroleum Import Prices rose 0.7%; U.S. October Petroleum Import Prices rose 0.9%; September Exports $132.0B, rose 2.9%; Imports $168.4B, rose 5.8%.

University of Michigan Consumer Sentiment Index:
Mid-November Sentiment 66; October 70.6; Mid-November Expectations 63.7; October 68.6; 12-Month Inflation Forecast rose 2.8%; October rose 2.9%.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) gain 74.51 points, EOD 10,271.98
NYSE (New York Stock Exchange) gain 56.84, EOD 7,119.89
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 18.21 points, EOD 2,167.23
S&P 500 (SPX) gain 6.11 points, EOD 1,093.35
BEL 20 (BEL20) gain 25.54 points, EOD 2,506.47
CAC 40 (CAC40) shed 2.06 points, EOD 3,806.01
FTSE100 (UKX100) gain 19.88 points, EOD 5,296.38
NIKKEI 225 (NIK/O) gain 45.25 points, EOD 9,770.31

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,200 declined stock prices 841, unchanged stock prices 109, stock prices hitting new highs 94 and stock prices hitting new lows 3. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: JWN shed 0.52, HOD 34.08, LOD 32.41, EOD 33.99; URS gain 4.36, HOD 44.91, LOD N/A, EOD 44.85; FAS shed 0.35, HOD 77.54, LOD 74.36, EOD 76.18; DG unchanged, HOD 23.10, LOD 21.75, EOD 22.73; GS shed 1.72, HOD N/A, LOD 175.64, EOD 176.76; CME shed 1.38, HOD 319.00, LOD 311.19, EOD 313.76; ESE shed 4.09, HOD 42.00, LOD 31.20, EOD 33.27; AGO gain 3.56, HOD 22.69, LOD 18.48, EOD 21.66; CPA gain 3.23, HOD 50.88, LOD 48.26, EOD 50.48; CRM gain 3.23, HOD 66.15, LOD 63.33, EOD 66.13.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,810, declined stock prices 901, unchanged stock prices 137, stock prices hitting new highs 59 and stock prices hitting new lows 41. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: TSTC gain 1.82, HOD 13.19, LOD 10.87, EOD 11.90; RINO gain 3.20, HOD 28.10, LOD 25.64, EOD 26.66; FSLR gain 2.92, HOD 119.54, LOD 115.78, EOD 118.29; BIDU gain 5.35, HOD 432.50, LOD 424.31, EOD 432.50; WYNN gain 1.39, HOD 69.60, LOD 68.51, EOD 69.00; TCLP shed 2.06, HOD 38.01, LOD 37.75, EOD 37.75; SHLD gain 4.68, HOD 75.00, LOD 70.00, EOD 74.54; GENZ shed 3.89, HOD 53.99, LOD 47.80, EOD 49.28; NLST gain 2.40, HOD 4.83, LOD 2.12, EOD 4.47.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 279, declined stock prices 231, unchanged stock prices 44, stock prices hitting new highs 8 and stock prices hitting new lows 5.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Dec 09: EOD 1091.50; Change 4.25
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,787.50; Change 13.75
E-mini DOW $5 (YM) Dec 09: EOD 10,237; Change 48
E-mini S&P MidCap 400 (MF) Dec 09: EOD 697.20; Change 4.60
Nikkei 225 (Yen) Dec 09: EOD 9,770; Change -5

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6703 U.S. Dollars 1.4918
Japanese Yen 89.6600 to U.S. Dollars 0.0112
British Pound 0.5991 to U.S. Dollars 1.6690
Canadian Dollar 1.0503 to U.S. Dollars 0.9521
Swiss Franc 1.0115 to U.S. Dollars 0.9886

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 09) shed $0.59, EOD $76.35 per barrel ($US per barrel)
Heating Oil (December 09) shed $0.02, EOD $2.00 a gallon ($US per gallon)
Natural Gas (December 09) gain $0.04, EOD $4.80 per million BTU ($US per mmbtu.)
Unleaded Gas (December 09) shed $0.02, EOD $1.92 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $10.20, EOD $1,116.80 ($US per Troy ounce)
Silver (December 09) gain $0.13, EOD $17.39 ($US per Troy ounce)
Platinum (January 09) gain $25.50, EOD $1,388.70 ($US per Troy ounce)
Copper (December 09) gain $0.03, EOD $3.00 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) gain $0.50, EOD $61.85
Pork Bellies (February 10) gain $2.00, EOD $87.05
Live Cattle (December 09) gain $0.33, EOD $85.15
Feeder Cattle (January 10) gain $0.08, EOD $92.58

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) unchanged, EOD $390.50
Soybeans (January 10) shed $3.00, EOD $987.00

BOND MARKET:
2 year EOD 100 11/32, change 0, Yield 0.81, Yield change 0.00
5 year EOD 100 17/32, change -1/32, Yield 2.25, Yield change 0.00
10 year EOD 99 18/32, change 6/32, Yield 3.42, Yield change -0.02
30 year EOD 100 10/32, change 1 27/32, Yield 4.36, change -0.03

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