Daily Market Commentary for December 9, 2009 Geithner Treasury Secretary Tim Geithner announced his plans today to extend the Troubled Asset Relief Program until next fall. (Read more at Millennium-Traders.Com) Economic data released today: MBA [Mortgage Bankers Association] Mortgage Applications: U.S. MBA Refinance Index rose 11.1% at 3185.9; compared to Last Week 2866.4; U.S. MBA Purchase Index rose 4.0% at 241.5; compared to Last Week 232.3; U.S. MBA Market Index rose 8.5% at 665.6; compared to Last Week 613.7. Wholesale Inventories: October Rise in Wholesale Inventories Marks First Since August 2008; U.S. October Wholesale Inventories rose 0.3%; was expected to fall 0.6%. Crude Oil Inventories provided by DOE [Department of Energy]: U.S. Crude Oil Stockpiles fell 3.823 Million Barrels at 336.076 Million Barrels; U.S. Crude Oil Stockpiles fell 3.823 Million Barrels in Week; was seen increasing by 0.6 Million Barrels; U.S. Gasoline Stockpiles rose 2.253 Million Barrels at 216.334 Million Barrels; U.S. Gasoline Stockpiles rose 2.253 Million Barrels in Week; was seen increasing by 1.5 Million Barrels; U.S. Distillate Stockpiles rose 1.619 Million Barrels at 167.317 Million Barrels; U.S. Distillate Stockpiles rose 1.619 Million Barrels in Week; was seen decreasing by 0.5 Million Barrels; U.S. Refineries Ran at 81.1% capacity versus 79.7% Week Ago; U.S. Refineries Ran at 81.1% capacity; was seen 80.00%. 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 45.87 points, EOD 10,331.84 NYSE (New York Stock Exchange) gain 11.36, EOD 7,067.62 National Association of Securities Dealers Automated Quotations (NASDAQ) gain 11.37 points, EOD 2,184.36 S&P 500 (SPX) gain 4.01 points, EOD 1,095.95 BEL 20 (BEL20) shed 38.93 points, EOD 2,470.55 CAC 40 (CAC40) shed 27.91 points, EOD 3,757.39 FTSE100 (UKX100) shed 19.24 points, EOD 5,203.89 NIKKEI 225 (NIK/O) shed 8.88 points, EOD 10,004.72 New York Stock Exchange (NYSE) stock market indicators for the trading session today: Advanced stock prices 1,662 declined stock prices 1,402, unchanged stock prices 109, stock prices hitting new highs 110 and stock prices hitting new lows 11. 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: MW shed 1.58, HOD 20.39, LOD 18.41, EOD 20.26; FDO shed 0.27, HOD 28.30, LOD 27.81, EOD 28.03; POT gain 3.08, HOD 123.30, LOD 118.73, EOD 122.97; EDC gain 1.65, HOD 128.02, LOD 123.50, EOD 127.56; CME gain 6.29, HOD 328.11, LOD 316.65, EOD 325.76; BLK gain 3.13, HOD 227.49, LOD 222.05, EOD 227.00; CKR shed 0.26, HOD 8.46, LOD 8.20, EOD 8.39; GS gain 4.60, HOD 167.05, LOD 161.00, EOD 166.44. National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today: Advanced stock prices 1,365, declined stock prices 1,338, unchanged stock prices 152, stock prices hitting new highs 57 and stock prices hitting new lows 26. 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: AAPL gain 7.93, HOD 198.16, LOD 190.31, EOD 197.80; HITK gain 2.64, HOD 24.90, LOD 23.64, EOD 24.47; CMTL gain 4.14, HOD 34.83, LOD 32.91, EOD 34.60; PCLN gain 1.68, HOD 218.00, LOD 212.41, EOD 217.74; AMZN shed 2.80, HOD 134.71, LOD 129.82, EOD 131.31; FSLR gain 1.82, HOD 136.19, LOD 131.52, EOD 135.36; ISRG gain 0.13, HOD 288.34, LOD 282.53, EOD 287.16; AVAV gain 1.23, HOD 31.45, LOD 29.80, EOD 30.16. Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today: Advanced stock prices 286, declined stock prices 217, unchanged stock prices 47, stock prices hitting new highs 12 and stock prices hitting new lows 2. Chicago Board of Trade Futures Market for the day, at time of this posting: E-mini S&P 500 (ES) Dec 09: EOD 1095.00; Change 5.00 E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,788.25; Change 19.75 E-mini DOW $5 (YM) Dec 09: EOD 10,326; Change 55 E-mini S&P MidCap 400 (MF) Dec 09: EOD 695.80; Change 2.90 Nikkei 225 (Yen) Dec 09: EOD 9,940; Change -35 World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting: Euro 0.6789 U.S. Dollars 1.4730 Japanese Yen 87.8400 to U.S. Dollars 0.0114 British Pound 0.6146 to U.S. Dollars 1.6270 Canadian Dollar 1.0541 to U.S. Dollars 0.9487 Swiss Franc 1.0262 to U.S. Dollars 0.9745 COMMODITY MARKETS: Energy Sector - Nymex: Light Crude (January 10) shed $1.95, EOD $70.67 per barrel ($US per barrel) Heating Oil (January 10) shed $0.08, EOD $1.91 a gallon ($US per gallon) Natural Gas (January 10) gain $0.22, EOD $4.90 per million BTU ($US per mmbtu.) Unleaded Gas (January 10) shed $0.07, EOD $1.86 a gallon ($US per gallon) Metals Markets - Comex: Gold (February 10) shed $22.40, EOD $1,121.00 ($US per Troy ounce) Silver (March 10) shed $0.63, EOD $17.18 ($US per Troy ounce) Platinum (January 10) shed $31.20, EOD $1,409.20 ($US per Troy ounce) Copper (March 10) shed $0.04, EOD $3.12 ($US per pound) Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.): Lean Hogs (February 10) shed $0.05, EOD $65.08 Pork Bellies (February 10) shed $0.45, EOD $83.25 Live Cattle (February 10) shed $1.20, EOD $81.93 Feeder Cattle (January 10) shed $1.00, EOD $91.05 Other Commodities - Chicago Board of Trade (cents per bushel): Corn (march 10) shed $1.50, EOD $384.00 Soybeans (January 10) shed $15.50, EOD $1,028.50 BOND MARKET: 2 year EOD 100, change -1/32, Yield 0.74, Yield change 0.02 5 year EOD 99 29/32, change -5/32, Yield 2.14 Yield change 0.04 10 year EOD 99 19/32, change -10/32, Yield 3.42, Yield change 0.04 30 year EOD 99 14/32, change -17/32, Yield 4.40, change 0.03 Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website. Visitors may subscribe to our free Weekly Market News for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead. Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website. Thanks for reading Millennium-Traders.Com
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Thread: Geithner
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09-12-2009, 10:44 PM #1
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