Daily Market Commentary for December 3, 2009

Comcast

Comcast and General Electric announced Thursday they have come to an agreement where Comcast will obtain a majority stake in NBC Universal. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
U.S. Jobless Claims for week of November 28 fell 5K to 457K compared to survey of an increase by 19K;
Decrease In Jobless Claims Marks Fifth Consecutive Decline;
U.S. Continuing Claims for week of November 21 rose 28K to 5,465,000;
U.S. Jobless Claims Revised for week of November 21 to 462K from 466K.

Nonfarm Productivity:
U.S. 3Q Non-Farm Productivity Revised to rise 8.1%, Preliminary rose 9.5%; U.S. 3Q Non-Farm Productivity Consensus rose 8.5%; Productivity Gain in 3Q Marks Fourth Straight Quarterly Rise.

Unit Labor Costs:
U.S. 3Q Unit Labor Costs Revised to fall 2.5%, Preliminary fell 5.2%; U.S. 3Q Unit Labor Costs Consensus fell 4.2%; 2Q Unit Labor Costs Revised to Unchanged.

ISM Non-Manufacturing [Institute for Supply Management]:
U.S. ISM November Non-Manufacturing PMI Expected 51.5; U.S. ISM November Non-Manufacturing Business Index 49.6 versus October 55.2; U.S. ISM November Non-Manufacturing Employment Index 41.6 versus October 41.1; U.S. ISM November Non-Manufacturing Prices Index 57.8 versus October 53.0; U.S. ISM November Non-Manufacturing New Orders Index 55.1 versus October 55.6; U.S. ISM November Non-Manufacturing PMI 48.7 versus October 50.6.

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) shed 101.64 points, EOD 10,351.04
NYSE (New York Stock Exchange) shed 65.38, EOD 7,157.04
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 12.88 points, EOD 2,172.15
S&P 500 (SPX) shed 9.74 points, EOD 1,099.50
BEL 20 (BEL20) gain 8.52 points, EOD 2,525.14
CAC 40 (CAC40) gain 3.19 points, EOD 3,799.11
FTSE100 (UKX100) shed 14.39 points, EOD 5,313.00
NIKKEI 225 (NIK/O) triple digit gain 207.12 points, EOD 9,977.67

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,089 declined stock prices 1,981, unchanged stock prices 98, stock prices hitting new highs 257 and stock prices hitting new lows 10. 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: ESI shed 5.78, HOD 98.59, LOD 95.70, EOD 95.89; MA shed 6.26, HOD 244.76, LOD 235.41, EOD 236.16; CME gain 1.65, HOD 334.89, LOD 328.50, EOD 330.01; EDC shed 2.83, HOD 141.40, LOD 132.74, EOD 133.80; PSS gain 1.54, HOD 22.19, LOD 21.00, EOD 21.71; BAC gain 0.11, HOD 16.74, LOD 15.68, EOD 15.76; ARG shed 0.52, HOD 47.33, LOD 46.43, EOD 46.49; JAS shed 4.03, HOD 79.57, LOD 71.17, EOD 71.75; FAS shed 4.03, HOD 79.57, LOD 71.17, EOD 71.75; PFG shed 3.46, HOD 26.67, LOD 22.20, EOD 22.52.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 873, declined stock prices 1,830, unchanged stock prices 141, stock prices hitting new highs 104 and stock prices hitting new lows 30. 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: ISRG gain 1.02, HOD 294.20, LOD 286.00, EOD 288.66; FSLR gain 6.41, HOD 130.27, LOD 122.19, EOD 128.12; SNPS shed 1.40, HOD 21.75, LOD 21.03, EOD 21.12; SIGM shed 1.03, HOD 10.87, LOD 9.95, EOD 10.48; AMZN shed 1.08, HOD 145.91, LOD 140.77, EOD 141.17; AAPL gain 0.25, HOD 198.98, LOD 196.27, EOD 196.48.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 229, declined stock prices 285, unchanged stock prices 42, stock prices hitting new highs 20 and stock prices hitting new lows 6.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Dec 09: EOD 1100.50; Change -7.50
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,787.25; Change -4.25
E-mini DOW $5 (YM) Dec 09: EOD 10,363; Change -76
E-mini S&P MidCap 400 (MF) Dec 09: EOD 692.90; Change -6.10
Nikkei 225 (Yen) Dec 09: EOD 9,920; Change 230

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6634 U.S. Dollars 1.5074
Japanese Yen 88.1900 to U.S. Dollars 0.0113
British Pound 0.6038 to U.S. Dollars 1.6563
Canadian Dollar 1.0550 to U.S. Dollars 0.9479
Swiss Franc 0.9997 to U.S. Dollars 1.0003

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (January 10) shed $0.14, EOD $76.46 per barrel ($US per barrel)
Heating Oil (January 10) gain $0.01, EOD $2.05 a gallon ($US per gallon)
Natural Gas (January 10) shed $0.07, EOD $4.46 per million BTU ($US per mmbtu.)
Unleaded Gas (January 10) unchanged, EOD $1.99 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 10) gain $5.20, EOD $1,218.20 ($US per Troy ounce)
Silver (March 10) shed $0.20, EOD $19.13 ($US per Troy ounce)
Platinum (January 10) shed $12.60, EOD $1,493.70 ($US per Troy ounce)
Copper (March 10) shed $0.01, EOD $3.25 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 10) shed $1.35, EOD $65.50
Pork Bellies (February 10) shed $1.23, EOD $81.08
Live Cattle (February 10) shed $1.38, EOD $82.90
Feeder Cattle (January 10) shed $0.85, EOD $93.10

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (march 10) shed $5.75, EOD $401.25
Soybeans (January 10) gain $13.00, EOD $1,047.00

BOND MARKET:
2 year EOD 100 1/32, change 0, Yield 0.72, Yield change 0.00
5 year EOD 99 31/32, change -7/32, Yield 2.12 Yield change 0.04
10 year EOD 100, change -14/32, Yield 3.37, Yield change 0.05
30 year EOD 100 24/32, change -1 9/32, Yield 4.32, change 0.07

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