How much is a Billion Dollars?

Daily Market Commentary for November 10, 2008 from Millennium-Traders.Com

Its amazing how many billions, and billions of dollars were given to AIG, courtesy of the U.S. Treasury Department and the citizens of the United States. (read more)

U.S. Conference Board: October Employment Trends Index fell by 1.8 percent to 105.3; and U.S. Conference Board September Employment Trends Index revised to 107.2 from 108.4.

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 session on the world market as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) loss of 73.27 points on the day to end the trading session at 8,870.54
NYSE (New York Stock Exchange) loss of 69.93 points to end the trading session at 5,802.05
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 30.66 points to end the trading session at 1,616.74
S&P 500 loss of 11.78 points to end the trading session at 919.21
FTSE All-World excluding U.S. gain of 0.25 points to end the trading session at 151.98
FTSE RAFI 1000 loss of 74.48 points to end the trading session at 3,524.21
BEL 20 (BEL20) gain of 31.30 points to end the trading session at 2,187.89
CAC 40 (CAC40) gain of 36.63 points to end the trading session at 3,505.75
FTSE100 (UKX100) gain of 38.96 points to end the trading session at 4,403.92
NIKKEI 225 (NIK/O) triple digit gain of 498.43 points to end the trading session at 9,081.43

New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 1,012, declined stock prices 2,165; unchanged stock prices 85; stock prices hitting new highs 5 and stock prices hitting new lows 149. 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: MBIA Incorporated (NYSE: MBI) stock price shed 0.89 points on the trading session, high on the trading session $8.39, low on the trading session $6.90 with a closing stock price at $7.09; American Electric Power Company (NYSE: AEP) stock price shed 0.66 points on the trading session, high on the trading session $31.49, low on the trading session $29.71 with a closing stock price at $30.21; Consolidated Edison Incorporated (NYSE: ED) stock price shed 2.81 points on the trading session, high on the trading session $41.48, low on the trading session $39.00 with a closing stock price at $39.32; Simon Property Group Incorported (NYSE: SPG) stock price shed 6.94 points on the trading session, high on the trading session $68.24, low on the trading session $60.05 with a closing stock price at $61.01; Proshares Ultrashort (NYSE: EEV) stock price shed 3.19 points on the trading session, high on the trading session $86.80, low on the trading session $76.20 with a closing stock price at $82.65; Rio Tinto (NYSE: RTP) stock price gained 4.89 points on the trading session, high on the trading session $183.47, low on the trading session $169.28 with a closing stock price at $172.24; Fluor Corporation (NYSE: FLR) stock price shed 1.32 points on the trading session, high on the trading session $43.93, low on the trading session $38.94 with a closing stock price at $39.71; Goldman Sachs Group Incorporated (NYSE: GS) stock price shed 6.57 points on the trading session, high on the trading session $79.22, low on the trading session $68.51 with a closing stock price at $71.21; CME Group Incorporated (NYSE: CME) stock price shed 26.12 points on the trading session, high on the trading session $277.00, low on the trading session $237.01 with a closing stock price at $242.93; Ultrashort Financial ProShares Corporation (NYSE: SKF) stock price gained 10.57 points on the trading session, high on the trading session $153.81, low on the trading session $131.71 with a closing stock price at $148.42; Potash Corporation Saskatchewan (NYSE: POT) stock price gained 1.06 points on the trading session, high on the trading session $87.37, low on the trading session $80.58 with a closing stock price at $81.63; MasterCard Incorporated (NYSE: MA) stock price shed 4.88 points on the trading session, high on the trading session $153.60, low on the trading session $140.33 with a closing stock price at $142.85; Transocean Incorporated (NYSE: RIG) stock price gained 0.48 points on the trading session, high on the trading session $80.50, low on the trading session $75.56 with a closing stock price at $77.5.59.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 858; declined stock prices 1,993; unchanged stock prices 110; stock prices hitting new highs 7; stock prices hitting new lows 210. 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: Whole Foods Market Incorporated (NasdaqGS: WFMI) stock price shed 0.38 points on the trading session, high on the trading session $10.38, low on the trading session $9.50 with a closing stock price at $9.67; Google Incorporated (NasdaqGS: GOOG) stock price shed 12.81 points on the trading session, high on the trading session $329.44, low on the trading session $309.47 with a closing stock price at $318.33.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 404; declined stock prices 452; unchanged stock prices 75; stock prices hitting new highs 42 and stock prices hitting new lows 32.

Chicago Board of Trade Futures Market activity for the day, at time of this posting for December 2008 Contracts:
E-mini S&P 500 (ES) end of day price 919.00 change -2.50
E-mini NASDAQ-100 (NQ) end of day price 1,262.00 change 5.50
E-mini S&P SmallCap 600 (SMP) end of day price 264.20 change 0.00
$5 DJIA (YM) end of day price 8,866 change -21

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7855 to U.S. Dollars 1.2730
Japanese Yen 97.950 to U.S. Dollars 0.0102
British Pound 0.6405 to U.S. Dollars 1.5612
Canadian Dollar 1.1980 to U.S. Dollars 0.8347
Swiss Franc 1.1793 to U.S. Dollars 0.8480

Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) gained $1.37 on the day for a closing price of $62.41 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) gained $0.03 on the day for a closing price of $2.01 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) gained $0.45 on the day for a closing price of $7.42 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) gained $0.02 on the day for a closing price of $1.37 a gallon ($US per gallon)

Metals Markets:
Gold Market Price (COMEX: CMX) gained $12.30 on the day for a closing price of $746.50 ($US per Troy ounce)
Silver (COMEX: CMX) gained $0.26 on the day for a closing price of $10.22 ($US per Troy ounce)
Platinum (NYMEX: NYM) gained $7.90 on the day for a closing price of $859.90 ($US per Troy ounce)
Copper (COMEX: CMX) gained $0.06 on the day for a closing price of $1.75 ($US per pound)

Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) shed 0.40 on the day for a closing price of 55.00
Pork Bellies (Chicago Mercantile Exchange: CME) shed 1.90 on the day for a closing price of 84.20
Live Cattle (Chicago Mercantile Exchange: CME) shed 0.15 on the day for a closing price of 92.65
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 0.35 on the day for a closing price of 98.88

Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) gained 9.50 on the day for a closing price of 385.00
Soybeans (Chicago Board of Trade: CBT) gained 27.00 on the day for a closing price of 948.00

Bond Market:
2 year bond gained 4/32 on the day for a closing price of 100 14/32 with a Yield of 1.26, Yield Change -0.07
5 year bond gained 9/32 on the day for a closing price of 101 9/32 with a Yield of 2.50, Yield Change 0.04
10 year bond gained 7/32 on the day for a closing price of 101 31/32 with a Yield of 3.75, Yield Change -0.03
30 year bond gained 28/32 on the day for a closing price of 104 27/32 with a Yield of 4.21, Yield Change -0.05

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