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Daily Market Commentary for November 9, 2009
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McDonalds
McDonald's latest report on third quarter
earnings prove the recession hasn't hurt the world's largest fast food chain.
McDonalds said sales at restaurants open at least one year were down 0.1%,
better than 0.5% decline analysts had forecasted. The Company did see stronger
growth globally, Sales in Europe rose 6.4% and 4.7% in Asia, the Middle East and
Africa. Total sales rose 10.3% and were up 5.2%, excluding currency
translations, McDonald's has seen stronger sales in the U.S. during the
recession as customers are more likely to buy lower priced food, rather than
splurge on restaurant prices. In the U.S. the company saw a higher demand for
angus burgers and dollar menu items, not to mention a high demand for the
company's new McCafe items. In Europe premium or mid range menu items did better
than others while in Asia and the Middle East breakfast and value menu options
were more successful. Shares of the company rose almost 1% after the report.
Stocks were on the rise today and with no data being released investors focused
their attention on merger deals currently in negotiations. Kraft announced they
placed a $16.3 billion bid Monday for British candy maker Cadbury, the company
rejected Kraft's initial bid of $16.7 billion in early September, they again
turned down the well known food company. Other companies in talks are Comcast
and GE, the two have reportedly made an agreement on NBC Universal's worth.
Comcast is working on gaining control of NBC Universal. As stocks rose, bond
prices rose, the yield on the benchmark 10- year Treasury note fell to 3.48 from
3.50 Friday. Commodities such as gold and oil both rose in the trading session,
the dollar however fell against other currencies.
Economic data released today:
IBD/TIPP Economic Optimism:
U.S. Conference Board October Employment Trends Index rose 0.7% to 89.3;
September Employment Trends Index 88.7; Revised from 88.5.
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 199.67 points, EOD 10,223.09
NYSE (New York Stock
Exchange) triple digit gain 177.04, EOD 7,135.33
National Association of Securities Dealers Automated Quotations (NASDAQ)
gain 41.62 points, EOD 2,154.06
S&P 500 (SPX) gain 23.78 points, EOD 1,093.08
BEL 20 (BEL20) gain 52.59 points, EOD 2,484.30
CAC 40 (CAC40) gain 78.2 points, EOD 3,785.49
FTSE100 (UKX100) gain 92.46 points, EOD 5,235.18
NIKKEI 225 (NIK/O) gain 19.64 points, EOD 9,808.99
New York Stock Exchange (NYSE) stock market indicators for the trading session
today:
Advanced stock prices 2,577 declined stock prices 510, unchanged stock
prices 78, stock prices hitting new highs 218 and stock prices hitting new lows
4. 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: CBY gain 0.21, HOD 51.07,
LOD 50.58, EOD 50.71; FAS gain 7.41, HOD 78.56, LOD 72.91, EOD 78.56; MA gain
5.29, HOD 242.93, LOD 235.00, EOD 242.19; EDC gain 14.65, HOD 153.94, LOD
146.00, EOD 153.43; RTP gain 11.40, HOD 206.20, LOD 201.58, EOD 204.73; CME gain
7.12, HOD 314.59, LOD 307.02, EOD 313.74; BLK gain 7.99, HOD 237.60, LOD 228.20,
EOD 235.50; DV shed 1.94, HOD 55.79, LOD 52.55, EOD 53.44; FLR gain 2.61, HOD
48.08, LOD 46.15, EOD 48.01.
National Association of Securities Dealers Automated Quotations (NASDAQ)
stock market indicators for the trading session today:
Advanced stock prices 1,908, declined stock prices 828, unchanged
stock prices 110, stock prices hitting new highs 109 and stock prices hitting
new lows 24. 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 7.12, HOD 201.90, LOD
196.26, EOD 201.46; WYNN gain 3.81, HOD 64.44, LOD 62.23, EOD 63.54; TBSI shed
0.32, HOD 7.88, LOD 7.45, EOD 7.87; BIDU gain 16.13, HOD 425.81, LOD 414.38, EOD
425.87; FSLR gain 1.57, HOD 120.50, LOD 117.75, EOD 119.50; RIMM gain 2.84, HOD
61.94, LOD 58.75, EOD 61.56; CHNG shed 3.82, HOD 12.26, LOD 9.07, EOD 9.45; APOL
shed 0.11, HOD 56.03, LOD 52.79, EOD 55.88; GMCR gain 3.06, HOD 71.05, LOD
67.61, EOD 70.67; FUQI shed 4.15, HOD 25.74, LOD 18.83, EOD 19.18; TRGT gain
1.05, HOD 22.00, LOD 21.00, EOD 21.16; EXEL gain 0.25, HOD 7.25, LOD 7.01, EOD
7.05.
Market trends on the American Stock Exchange (AMEX) and stock market indicators
for the trading session today:
Advanced stock prices 348, declined stock prices 183, unchanged stock
prices 37, stock prices hitting new highs 25 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 1089.50; Change 23.25
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,764.50; Change 34.75
E-mini DOW $5 (YM) Dec 09: EOD 10,181; Change 203
E-mini S&P MidCap 400 (MF) Dec 09: EOD 695.40; Change 16.70
Nikkei 225 (Yen) Dec 09: EOD 9,980; Change 185
World Currencies for the Forex Market, for Forex Trading by active Forex
Traders, at time of this posting:
Euro 0.6672 U.S. Dollars 1.4988
Japanese Yen 90.0000 to U.S. Dollars 0.0111
British Pound 0.5972 to U.S. Dollars 1.6744
Canadian Dollar 1.0569 to U.S. Dollars 0.9462
Swiss Franc 1.0083 to U.S. Dollars 0.9918
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 09) gain $2.00, EOD $79.43 per barrel ($US per barrel)
Heating Oil (December 09) shed $0.06, EOD $2.06 a gallon ($US per
gallon)
Natural Gas (December 09) shed $0.08, EOD $4.67 per million BTU ($US per mmbtu.)
Unleaded Gas (December 09) gain $0.06, EOD $1.98 a gallon ($US per
gallon)
Metals Markets - Comex:
Gold (December 09) gain $5.90, EOD $1,101.60 ($US per Troy ounce)
Silver (December 09) gain $0.09, EOD $17.46 ($US per Troy ounce)
Platinum (January 09) gain $19.00, EOD $1,367.20 ($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) gain $0.10, EOD $55.80
Pork Bellies (February 10) shed $1.50, EOD $84.60
Live Cattle (December 09) gain $0.03, EOD $84.95
Feeder Cattle (January 10) shed $0.38, EOD $95.70
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $19.00, EOD $386.00
Soybeans (January 10) gain $17.00, EOD $972.00
BOND MARKET:
2 year EOD 100 9/32, change 0, Yield 0.85, Yield change 0.01
5 year EOD 100 11/32, change 0, Yield 2.29, Yield change 0.00
10 year EOD 100 3/32, change 2/32 Yield 3.48, Yield change -0.01
30 year EOD 101 20/32, change -2/32, Yield 4.40, change 0.01
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 |
$296,530.00 |
$11,526.00 |
|
| |
Total for Year |
Last Week |
$184,983.71 |
$7,197.50 |
|
| |
Total for Year |
Last Week |
$407,600.00 |
$13,100.00 |
|
| |
Total for Year |
Last Week |
$344,560.00 |
$20,460.00 |
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Total for Year |
Last Week |
$0.00 |
$0.00 |
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