Daily Market Commentary for April 21, 2010

Big Banks

Investors were hoping to see good earnings from big banks this quarter, and so far have not been disappointed. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA [Mortgage Bankers Association] Mortgage Applications:
U.S. MBA Market Index rose 13.6% at 550.5; Last Week 484.6; U.S. MBA Purchase Index rose 10.1% at 240.1; Last Week 218.0; U.S. MBA Refinance Index rose 15.8% at 2,371.0; Last Week 2,047.1.

Crude Oil Inventories released by DOE [Department of Energy]:
U.S. Refineries Ran at 85.9% capacity; Was Seen 85.90%; U.S. Refineries Ran at 85.9% capacity versus 85.6% Week Ago; U.S. Crude Oil Stockpiles rose 1.894 Million Barrels at 355.857 Million Barrels; U.S. Distillate Stockpiles rose 2.1 Million Barrels in Week; Was Seen increasing by 0.9 Million Barrels; U.S. Distillate Stockpiles rose 2.1 Million Barrels at 148.9 Million Barrels; U.S. Crude Oil Stockpiles rose 1.9 Million Barrels in Week; Was Seen decreasing by 0.2 Million Barrels; U.S. Gasoline Stockpiles rose 3.6 Million Barrels in Week; Was Seen increasing by 0.3 Million Barrels; U.S. Gasoline Stockpiles rose 3.6 Million Barrels at 224.9 Million Barrels; U.S. Crude Oil Stockpiles rose 1.9 Million Barrels at 355.9 Million Barrels.

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 7.94 points, EOD 11,125.00
NYSE (New York Stock Exchange) shed 24.49, EOD 7,644.68
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 4.02 points, EOD 2,504.33
S&P 500 (SPX) shed 1.57 points, EOD 1,205.60
BEL 20 (BEL20) shed 20.21 points, EOD 2,660.86
CAC 40 (CAC40) shed 48.98 points, EOD 3,977.67
FTSE100 (UKX100) shed 60.26 points, EOD 5,723.43
NIKKEI 225 (NIK/O) triple digit gain 189.37, EOD 11,090.05

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,437, declined stock prices 1,293, unchanged stock prices 109, stock prices hitting new highs 289 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: MS gain 1.38, HOD 32.29, LOD 31.09, EOD 31.83; VMW gain 5.29, HOD 62.00, LOD 57.05, EOD 61.81; GS shed 0.78, HOD 163.14, LOD 157.00, EOD 159.20; FAS shed 1.28, HOD 114.50, LOD 106.81, EOD 110.21; TPX gain 3.51, HOD 34.87, LOD 32.37, EOD 34.75; CMA gain 1.21, HOD 45.85, LOD 42.54, EOD 43.43.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,075, declined stock prices 665, unchanged stock prices 113, stock prices hitting new highs 196 and stock prices hitting new lows 14. 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: GILD shed 4.31, HOD 42.50, LOD 39.90, EOD 40.76; AAPL gain 14.78, HOD 260.25, LOD 255.73, EOD 259.37; CREE shed 6.11, HOD 80.81, LOD 75.11, EOD 76.05; AMZN gain 2.38, HOD 148.88, LOD 143.52, EOD 146.58; VITC shed 3.02, HOD 9.86, LOD 8.66, EOD 9.54.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 208, declined stock prices 271, unchanged stock prices 45, stock prices hitting new highs 16 and stock prices hitting new lows 7.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1202.50; Change -3.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,032.25; Change 8.00
E-mini DOW $5 (YM) Mar 10: EOD 11,068; Change -6
E-mini S&P MidCap 400 (MF) Mar 10: EOD 830.20; Change 3.20
Nikkei 225 (Yen) Mar 10: EOD 11,040; Change 35

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7461 to U.S. Dollars 1.3400
Japanese Yen 93.1850 to U.S. Dollars 0.0107
British Pound 0.6489 to U.S. Dollars 1.5400
Canadian Dollar 1.0005 to U.S. Dollars 1.0000
Swiss Franc 1.0698 to U.S. Dollars 0.9345

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (June 10) shed $0.17, EOD $83.68 per barrel ($US per barrel)
Heating Oil (June 10) gain $0.02, EOD $2.21 a gallon ($US per gallon)
Natural Gas (June 10) shed $0.02, EOD $3.96 per million BTU ($US per mmbtu.)
Unleaded Gas (June 10) gain $0.00, EOD $2.28 gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 10) gain $9.60, EOD $1,148.20 ($US per Troy ounce)
Silver (June 10) gain $0.25 EOD $18.07 ($US per Troy ounce)
Platinum (June 10) gain $19.00, EOD $1,737.00 ($US per Troy ounce)
Copper (June 10) gain $0.02, EOD $3.53 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 10) gain $1.62, EOD $87.82
Pork Bellies (June 10) shed $1.12, EOD $96.73
Live Cattle (June 10) gain $0.92, EOD $99.60
Feeder Cattle (June 10) gain $0.40, EOD $112.05

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) gain $3.75, EOD $359.24
Soybeans (May 10) gain $11.50, EOD $995.50

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