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Daily Market Commentary for November 11, 2009
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Stock Prices
Stock prices were continuing their climb today,
after reaching record highs of the year this week. Investor's got the confidence
boost they needed yesterday when the Federal Reserve announced that recovery was
going to be a slow process, they decided to keep interest rates low. Investors
have pushed the Dow Jones to new highs for 2009, it reached the 10,200 level two
days in a row despite the fact that the unemployment rate is continuing to
climb, however stock prices have really taken off, analysts believe the recent
rise in stocks is partially due to investors trying to give the weakened economy
a hand. They believe that if some key reports this week show numbers we weren't
expecting, the rallies could be put on hold. Federal Reserve's decision to keep
interest rates low has continued to hurt the dollar which has been weakening
over the past couple of months. As a result of the dollar falling, gold prices
have advanced to record highs, at the end of the trading session yesterday gold
closed at $1,102.50 an ounce. Investors have been focusing their attention on
corporate earnings reports, Macy's boosted it's full-year forecast, Macy's
reported this morning that it expects 2009 earnings to be between $1.01
and $1.06 per share. U.S. government bond markets are closed for Veterans Day,
the dollar was mixed against other currencies in the trading session today.
Crude oil rose today along with gold which continued its climb through the
afternoon, it's price at the end of the day was at$1,114.50.
Economic data released today: N/A
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 42.47 points, EOD 10,289.44
NYSE (New York Stock
Exchange) gain 28.94, EOD 7,155.36
National Association of Securities Dealers Automated Quotations (NASDAQ)
gain 15.5 points, EOD 2,166.58
S&P 500 (SPX) gain 5.76 points, EOD 1,098.77
BEL 20 (BEL20) gain 12.63 points, EOD 2,477.98
CAC 40 (CAC40) gain 28.8 points, EOD 3,814.39
FTSE100 (UKX100) gain 36.2 points, EOD 5,266.75
NIKKEI 225 (NIK/O) shed 72.15 points, EOD 9,871.68
New York Stock Exchange (NYSE) stock market indicators for the trading session
today:
Advanced stock prices 1,887 declined stock prices 1,180, unchanged stock
prices 93, stock prices hitting new highs 209 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: RTP gain 2.16, HOD 212.50,
LOD 206.73, EOD 208.34; TOL gain 3.04, HOD 21.80, LOD 20.00, EOD 21.43; FAS gain
2.71, HOD 82.79, LOD 79.05, EOD 80.52; AZO gain 4.16, HOD 148.32, LOD 144.01,
EOD 147.51; MA shed 0.77, HOD 242.83, LOD 236.41, EOD 237.90; RAH shed 0.95, HOD
54.26, LOD 52.66, EOD 53.44; ATO shed 0.57, HOD 29.28, LOD 28.37, EOD 28.67; STV
shed 0.97, HOD 6.43, LOD 6.05, EOD 6.08; EM shed 0.71, HOD 15.79, LOD 14.90, EOD
15.49.
National Association of Securities Dealers Automated Quotations (NASDAQ)
stock market indicators for the trading session today:
Advanced stock prices 1,697, declined stock prices 1,021, unchanged
stock prices 112, stock prices hitting new highs 117 and stock prices hitting
new lows 34. 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: SIGM shed 1.20, HOD 11.95, LOD 10.81,
EOD 11.14; PCLN shed 7.42, HOD 202.58, LOD 195.25, EOD 196.80; PALM gain 1.01,
HOD 12.07, LOD 11.28, EOD 12.00; WYNN gain 2.49, HOD 66.97, LOD 65.08, EOD
66.58; BIDU gain 2.39, HOD 438.38, LOD 423.11, EOD 430.51; FSLR shed 0.05, HOD
122.00, LOD 118.23, EOD 119.85; ISRG gain 5.85, HOD 273.70, LOD 266.48, EOD
272.45.
Market trends on the American Stock Exchange (AMEX) and stock market indicators
for the trading session today:
Advanced stock prices 291, declined stock prices 223, unchanged stock
prices 41, stock prices hitting new highs 14 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 1095.75; Change 3.75
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,780.75; Change 8.25
E-mini DOW $5 (YM) Dec 09: EOD 10,250; Change 33
E-mini S&P MidCap 400 (MF) Dec 09: EOD 700.00; Change 3.50
Nikkei 225 (Yen) Dec 09: EOD 9,910; Change -20
World Currencies for the Forex Market, for Forex Trading by active Forex
Traders, at time of this posting:
Euro 0.6676 U.S. Dollars 1.4980
Japanese Yen 89.8100 to U.S. Dollars 0.0111
British Pound 0.6038 to U.S. Dollars 1.6561
Canadian Dollar 1.0458 to U.S. Dollars 0.9562
Swiss Franc 1.0082 to U.S. Dollars 0.9919
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 09) gain $0.23, EOD $79.28 per barrel ($US per barrel)
Heating Oil (December 09) unchanged, EOD $2.06 a gallon ($US per
gallon)
Natural Gas (December 09) gain $0.04, EOD $4.50 per million BTU ($US per mmbtu.)
Unleaded Gas (December 09) gain $0.02, EOD $1.99 a gallon ($US per
gallon)
Metals Markets - Comex:
Gold (December 09) gain $12.00, EOD $1,114.50 ($US per Troy ounce)
Silver (December 09) gain $0.32, EOD $17.55 ($US per Troy ounce)
Platinum (January 09) gain $18.40, EOD $1,369.60 ($US per Troy ounce)
Copper (December 09) gain $0.01, EOD $2.97 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) shed $0.03, EOD $55.60
Pork Bellies (February 10) gain $1.13, EOD $85.50
Live Cattle (December 09) shed $0.95, EOD $83.65
Feeder Cattle (January 10) shed $1.25, EOD $93.48
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $0.50, EOD $394.00
Soybeans (January 10) gain $4.00, EOD $972.50
BOND MARKET:
2 year EOD 100 10/32, change 1/32, Yield 0.83, Yield change -0.02
5 year EOD 100 12/32, change 1/32, Yield 2.29, Yield change 0.00
10 year EOD 101 6/32, change 2/32, Yield 3.47, Yield change -0.01
30 year EOD 101 13/32, change -8/32, Yield 4.41, change 0.02
Access upcoming scheduled economic data anytime by viewing the
Economic Calendar from Millennium-Traders, free access to visitors
on our website.
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Top of the page | |
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Total for Year |
Last Week |
$129,372.00 |
$9,967.00 |
|
| |
Total for Year |
Last Week |
$32,170.00 |
$1,585.00 |
|
| |
Total for Year |
Last Week |
$117,300.00 |
$16,250.00 |
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Total for Year |
Last Week |
$106,510.00 |
$9,830.00 |
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Total for Year |
Last Week |
$0.00 |
$0.00 |
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