Daily Market Commentary for December 17, 2009

Leading Economic Indicators

Conference Board reported today that its index of leading economic indicators rose, November marks the eighth straight monthly rise. (Read more at http://www.millennium-traders.com/ne...ember1709.aspx)

Economic data released today:

Initial Jobless Claims:
U.S. Jobless Claims for week of December 12 rose 7K to 480K compared to survey of a decrease by 9K; U.S. Continuing Claims for week of December 5 rose 5K to 5,186,000; U.S. Jobless Claims Revised for week of December 5 to 473K from 474K.

Philadelphia Fed Manufacturing Index:
Philadelphia Fed December Business Index 20.4 versus November 16.7; Philadelphia Fed December Business Index Expected 16.4; Philadelphia Fed December Price Paid 33.8 versus November 14.9; Philadelphia Fed December Price Received fell 1.8 versus November decrease by 1.5; Philadelphia Fed December Employment 6.3 versus November decrease by 0.5; Philadelphia Fed December New Orders 6.5 versus November 14.8; Philadelphia Fed December Shipments 15.3 versus November 15.7; Philadelphia Fed December Delivery Times 6.2 versus November decrease by 12.7; Philadelphia Fed December Inventories fell 7.4 versus November decrease by 17.3.

U.S. Conference Board Leading Index:
November Leading Index rose 0.9%; November Coincident Index rose 0.2%; November Lagging Index fell 0.4%.

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 127.95 points, EOD 10,313.17
NYSE (New York Stock Exchange) shed 117.01, EOD 7,063.75
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 24.13 points, EOD 2,182.78
S&P 500 (SPX) shed 12.55 points, EOD 1,096.63
BEL 20 (BEL20) shed 36.98 points, EOD 2,490.69
CAC 40 (CAC40) shed 45 points, EOD 3,830.82
FTSE100 (UKX100) shed 102.65 points, EOD 5,217.61
NIKKEI 225 (NIK/O) shed 65.03 points, EOD 10,163.80

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 882 declined stock prices 2,237, unchanged stock prices 83, stock prices hitting new highs 128 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: HOG shed 1.28, HOD 22.85, LOD 25.00, EOD 25.61; FDX shed 5.48, HOD 87.10, LOD 84.39, EOD 84.47; POT shed 7.01, HOD 116.86, LOD 111.26, EOD 111.84; MOS shed 3.65, HOD 59.00, LOD 55.79, EOD 56.03; DHR gain 1.59, HOD 74.88, LOD 72.28, EOD 74.54; EDC shed 10.82, HOD 125.33, LOD 120.13, EOD 120.60; AEM shed 6.21, HOD 57.12, LOD 53.76, EOD 53.99; CF shed 4.29, HOD 91.90, LOD 88.29, EOD 88.30; ATI gain 2.14, HOD 40.86, LOD 38.93, EOD 40.20; HLF shed 0.88, HOD 41.99, LOD 41.06, EOD 41.25; MA gain 1.35, HOD 248.90, LOD 245.00, EOD 247.75.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 733, declined stock prices 1,999, unchanged stock prices 121, stock prices hitting new highs 70 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: FSLR shed 1.01, HOD 138.80, LOD 133.37, EOD 135.73; NANO shed 1.63, HOD 11.30, LOD 10.60, EOD 10.81; BIDU shed 10.42, HOD 425.10, LOD 414.97, EOD 415.84; AONE gain 1.08, HOD 20.50, LOD 18.60, EOD 19.40; GEOY shed 5.00, HOD 27.05, LOD 24.00, EOD 26.71; HITK gain 3.08, HOD 26.95, LOD 23.41, EOD 26.52; ESRX gain 1.26, HOD 86.52, LOD 82.58, EOD 85.21; OSIP shed 1.54, HOD 32.35, LOD 31.22, EOD 31.35; NDSN shed 3.66, HOD 55.00, LOD 53.00, EOD 54.18; PCLN shed 6.02, HOD 222.45, LOD 214.59, EOD 215.48; CECO shed 5.47, HOD 28.40, LOD 22.48, EOD 22.88.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 173, declined stock prices 350, unchanged stock prices 38, stock prices hitting new highs 9 and stock prices hitting new lows 3.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Dec 09: EOD 1092.00; Change -13.75
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,777.75; Change -22.25
E-mini DOW $5 (YM) Dec 09: EOD 10,252; Change -138
E-mini S&P MidCap 400 (MF) Mar 10: EOD 709.30; Change -6.30
Nikkei 225 (Yen) Mar 10: EOD 10,105; Change -130

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6974 U.S. Dollars 1.4340
Japanese Yen 89.9400 to U.S. Dollars 0.0111
British Pound 0.6187 to U.S. Dollars 1.6162
Canadian Dollar 1.0703 to U.S. Dollars 0.9343
Swiss Franc 1.0470 to U.S. Dollars 0.9551

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (January 10) shed $0.01, EOD $72.65 per barrel ($US per barrel)
Heating Oil (January 10) shed $0.01, EOD $1.98 a gallon ($US per gallon)
Natural Gas (January 10) gain $0.29, EOD $5.79 per million BTU ($US per mmbtu.)
Unleaded Gas (January 10) shed $0.02, EOD $1.85 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 10) shed $29.00, EOD $1,107.20 ($US per Troy ounce)
Silver (March 10) shed $0.49, EOD $17.20 ($US per Troy ounce)
Platinum (January 10) shed $31.70, EOD $1,425.90 ($US per Troy ounce)
Copper (March 10) shed $0.08, EOD $3.13 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 10) shed $1.28, EOD $65.55
Pork Bellies (February 10) shed $2.15, EOD $88.40
Live Cattle (February 10) shed $0.35, EOD $84.55
Feeder Cattle (January 10) gain $0.85, EOD $94.18

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (march 10) shed $13.25, EOD $397.00
Soybeans (January 10) shed $37.00, EOD $1,030.00

BOND MARKET:
2 year EOD 99 31/32, change 5/32, Yield 0.75, Yield change -0.08
5 year EOD 99 19/32, change 18/32, Yield 2.21 Yield change -0.12
10 year EOD 99 4/32, change 1, Yield 3.48 Yield change -0.11
30 year EOD 99 11/32, change 1 26/32, Yield 4.41, change -0.11

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