|
|  |  |
|
Daily Market Commentary for November 5, 2009
|
IMS Health
IMS Health Inc., a health care data company, announced Thursday that TPG
Capital and CPP Investment Board would be purchasing the company for $4 billon.
IMS handles pharmaceutical prescriptions and sales, they hold the worlds largest
drug developers as clients. The company also provides auditing services and
analysis tools for the health care industry. Shareholders will get $22 per
share, shares rose almost 24 percent in afternoon trading. IMS announced on Oct.
20, saying they were considering possible changes in strategy, however they did
not mention selling. "This transaction enables our shareholders to realize
substantial value from their investment in IMS with an immediate cash premium,
while at the same time strengthening our position to capture long-term growth
opportunities," said David R. Carlucci, IMS Chairman and CEO. IMS will focus on
developing business in higher-growth regions and on other parts of its business
changes. The company expects the deal to close by the end of the first quarter
of 2010. Labor Department reported that the number of Americans filing new
claims for unemployment fell to 512,000 last week from 532,000 the previous
week, economists expected 522,000 claims, on average. Continuing claims fell to
5.749 million from 5.817 million the previous week, economists thought it would
fall to 5.750 million. Stocks rallied today, the Dow ended the day with triple
digit gains. Bond prices fell, the yield on the benchmark 10- year Treasury note
rose to 3.53 from 3.51 Monday, the dollar also fell against the euro and the
yen. Commodities were mixed crude oil fell as gold rose.
Economic data released today:
Nonfarm Productivity:
U.S. 3Q Non-Farm Productivity rose 9.5%; compared to consensus of an
increase by 7.0%.
Unit Labor Costs:
U.S. 3Q Unit Labor Costs fell 5.2%; compared to consensus of a decrease by
4.5%.
Initial Jobless Claims:
U.S. Jobless Claims fell 20K to 512K in week of October 31 compared to
survey of a decrease by 5K; U.S. Continuing Claims for week of Oct 24 fell 68K
to 5,749,000; U.S. Jobless Claims Revised for week of October 24 to 532K from
530K.
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) triple digit gain 204.35 points, EOD 10,006.49
NYSE (New York Stock
Exchange) triple digit gain 119.73, EOD 6,950.16
National Association of Securities Dealers Automated Quotations (NASDAQ)
gain 48.61 points, EOD 2,104.13
S&P 500 (SPX) gain 19.19 points, EOD 1,066.49
BEL 20 (BEL20) gain 17.91 points, EOD 2,419.08
CAC 40 (CAC40) gain 38.4 points, EOD 3,708.73
FTSE100 (UKX100) gain 17.75 points, EOD 5,125.64
NIKKEI 225 (NIK/O) shed 80.2, EOD 9,717.44
New York Stock Exchange (NYSE) stock market indicators for the trading session
today:
Advanced stock prices 2,488 declined stock prices 594, unchanged stock
prices 75, stock prices hitting new highs 86 and stock prices hitting new lows
8. 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: AEO shed 2.07, HOD 16.47,
LOD 15.52, EOD 15.79; CDE gain 0.46, HOD 22.79, LOD 21.61, EOD 22.53; MUR shed
2.46, HOD 63.26, LOD 59.11, EOD 60.81; CF shed 6.49, HOD 81.37, LOD 78.77, EOD
79.90; ALL shed 0.57, HOD 29.31, LOD 27.66, EOD 29.05; CVS shed 7.28, HOD 29.64,
LOD 27.38, EOD 28.87; RTP gain 3.35, HOD 192.96, LOD 188.77, EOD 190.57; FAS
gain 4.77, HOD 72.00, LOD 67.47, EOD 71.95; MA gain 5.27, HOD 230.26, LOD
224.54, EOD 230.25; EPR shed 1.29, HOD 34.24, LOD 32.56, EOD 33.22; GDP shed
1.56, HOD 26.28, LOD 24.54, EOD 24.85; GS gain 3.90, HOD 173.50, LOD 169.21, EOD
173.40; ESI gain 1.77, HOD 94.75, LOD 91.16, EOD 93.92; AIG gain 3.08, HOD
39.95, LOD 36.88, EOD 39.28.
National Association of Securities Dealers Automated Quotations (NASDAQ)
stock market indicators for the trading session today:
Advanced stock prices 2,156, declined stock prices 606, unchanged
stock prices 100, stock prices hitting new highs 50 and stock prices hitting
new lows 25. 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: WFMI shed 4.96, HOD 31.46, LOD 26.83,
EOD 27.10; THOR gain 1.84, HOD 30.25, LOD 28.75, EOD 28.83; CECO gain 2.04, HOD
23.07, LOD 21.84, EOD 22.82; AAPL gain 3.22, HOD 195.00, LOD 191.82, EOD 194.03;
BIDU gain 9.85, HOD 397.38, LOD 388.73, EOD 396.22; VARI shed 0.46, HOD 51.17,
LOD 50.78, EOD 50.87; FSYS gain 10.51, HOD 44.87, LOD 38.47, EOD 44.31; FSLR
shed 0.83, HOD 123.70, LOD 119.60, EOD 120.76; GYMB shed 2.12, HOD 43.46, LOD
39.51, EOD 41.41; AMZN gain 3.51, HOD 120.95, LOD 116.25, EOD 120.61.
Market trends on the American Stock Exchange (AMEX) and stock market indicators
for the trading session today:
Advanced stock prices 356, declined stock prices 188, unchanged stock
prices 28, stock prices hitting new highs 5 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 1061.50; Change 14.50
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,715.25; Change 28.50
E-mini DOW $5 (YM) Dec 09: EOD 9,947; Change 162
E-mini S&P MidCap 400 (MF) Dec 09: EOD 679.00; Change 11.70
Nikkei 225 (Yen) Dec 09: EOD 9,860; Change 0
World Currencies for the Forex Market, for Forex Trading by active Forex
Traders, at time of this posting:
Euro 0.6724 U.S. Dollars 1.4873
Japanese Yen 90.7500 to U.S. Dollars 0.0110
British Pound 0.6030 to U.S. Dollars 1.6584
Canadian Dollar 1.0662 to U.S. Dollars 0.9379
Swiss Franc 1.0160 to U.S. Dollars 0.9843
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 09) shed $0.78, EOD $79.62 per barrel ($US per barrel)
Heating Oil (December 09) shed $0.03, EOD $2.06 a gallon ($US per
gallon)
Natural Gas (December 09) gain $0.06, EOD $4.78 per million BTU ($US per mmbtu.)
Unleaded Gas (December 09) shed $0.03, EOD $1.99 a gallon ($US per
gallon)
Metals Markets - Comex:
Gold (December 09) gain $2.00, EOD $1,089.30 ($US per Troy ounce)
Silver (December 09) gain $0.01, EOD $17.41 ($US per Troy ounce)
Platinum (January 09) shed $6.40, EOD $1,362.90 ($US per Troy ounce)
Copper (December 09) shed $0.04, EOD $2.96 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) shed $1.20, EOD $56.60
Pork Bellies (February 10) shed $3.00, EOD $84.80
Live Cattle (December 09) gain $0.10, EOD $86.35
Feeder Cattle (January 10) gain $0.48, EOD $97.20
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $7.50, EOD $376.50
Soybeans (January 10) shed $27.00, EOD $972.00
BOND MARKET:
2 year EOD 100 7/32, change 1/32, Yield 0.88, Yield change -0.02
5 year EOD 100 6/32, change 7/32, Yield 2.33, Yield change -0.04
10 year EOD 100 26/32, change 0, Yield 3.52, Yield change 0.00
30 year EOD 101 21/32, change 1/32, Yield 4.39, change 0.00
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 MarketNews 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.
|
|
Top of the page | |
| |
Total for Year |
Last Week |
$130,685.00 |
$9,967.00 |
|
| |
Total for Year |
Last Week |
$32,847.50 |
$1,585.00 |
|
| |
Total for Year |
Last Week |
$123,550.00 |
$16,250.00 |
|
| |
Total for Year |
Last Week |
$106,480.00 |
$9,830.00 |
|
| |
Total for Year |
Last Week |
$0.00 |
$0.00 |
|
|
News & Commentary
Daily Market Commentary for March 12, 2010
Stocks Trading Room Performance for March 12, 2010
Futures Trading Room Performance for March 12, 2010
Forex Trading Room Performance for March 12, 2010
Daily Swing Trades Performance for March 12, 2010
Daily Market Commentary for March 11, 2010
Stocks Trading Room Performance for March 11, 2010
Futures Trading Room Performance for March 11, 2010
Forex Trading Room Performance for March 11, 2010
Daily Swing Trades Performance for March 11, 2010
 |
News & Commentary
|
|
|
Monthly Trading Lesson
|
Subscribe via RSS Feed
Always be up to date with the latest market information.
|
|
