Wall Street History

Daily Market Commentary for November 20, 2008 from Millennium-Traders.Com

The DOW officially shed 50 percent of its value,since all time high set during October 2007. (read more)

Economic data released today:

Jobless Claims: U.S. Jobless Claims for week of November 15 increased by 27K to 542K compared to survey of a drop by 11K; U.S. Continuing Claims for week of November 8 increased by 109K to 4,012,000; U.S. Jobless Claims for week of November 8 revised to 515K from 516K; U.S. Jobless Claims Highest since July 1992; U.S. Continuing Claims Highest since December 1982.

Leading Indicators: U.S. Conference Board October Leading Index fell 0.8 percent; U.S. Conference Board October Coincident Index rose 0.2 percent; U.S. Conference Board October Lagging Index rose 0.1 percent.

Philadelphia Fed Survey: Philadelphia Fed November Business Index fell 39.3 versus October drop by 37.5; Philadelphia Fed November Business Index Expected to drop by 38.0; Philadelphia Fed November Price Paid fell 30.7 versus October 7.2; Philadelphia Fed November Price Received fell 15.5 versus October 5.3; Philadelphia Fed November Employment fell 25.2 versus October drop by 18.0; Philadelphia Fed November New Orders fell 31.4 versus October drop by 30.5; Philadelphia Fed November Shipments fell 18.8 versus October drop by 18.8; Philadelphia Fed November Delivery Times fell 20.6 versus October drop by 20.2; Philadelphia Fed November Inventories fell 19.6 versus October drop by 22.3; Philly Fed Firms say Conditions Continue to Deteriorate; Philadelphia Fed Manufacturing Index at Lowest since October 1990.

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 loss of 444.83 points to end the trading session at 7,552.45
NYSE (New York Stock Exchange) triple digit loss of 360.77 points to end the trading session at 4,651.22
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 70.30 points to end the trading session at 1,316.12
S&P 500 (SPX) loss of 54.14 points to end the trading session at 752.44
FTSE All-World Index data excluding U.S. (AW01UK) loss of 6.84 points to end the trading session at 124.82
FTSE RAFI 1000 triple digit loss of 214.49 points to end the trading session at 2,828.32
BEL 20 (BEL20) loss of 83.31 points to end the trading session at 1,861.99
CAC 40 (CAC40) triple digit loss of 107.47 points to end the trading session at 2,980.42
FTSE100 (UKX100) triple digit loss of 130.69 points to end the trading session at 3,874.99
NIKKEI 225 (NIK/O) - closed November 19 - loss of 55.19 points to end the trading session at 8,273.22

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 429, declined stock prices 2,527; unchanged stock prices 111; stock prices hitting new highs 2 and stock prices hitting new lows 1,270. 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: ProShares Ultrashort S&P 500 (NYSE: SDS) stock price gained 15.03 points on the trading session, high on the trading session $130.27, low on the trading session $109.39 with a closing stock price at $127.97; ProShares Ultrashort QQQ (NYSE: QID) stock price gained 8.35 points on the trading session, high on the trading session $99.25, low on the trading session $86.00 with a closing stock price at $98.60; BorgWarner Incorporated (NYSE: BWA) stock price gained 0.88 points on the trading session, high on the trading session $18.71, low on the trading session $15.00 with a closing stock price at $16.99.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 250; declined stock prices 2,994; unchanged stock prices 37; stock prices hitting new highs 3 stock prices hitting new lows 1,421. 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: Baidu.com Incorporated (NasdaqGS: BIDU) stock price shed 2.29 points on the trading session, high on the trading session $120.94, low on the trading session $105.55 with a closing stock price at $109.45; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 14.08 points on the trading session, high on the trading session $96.80, low on the trading session $86.00 with a closing stock price at $87.05; Woodward Governor Company (NasdaqGS: WGOV) stock price shed 5.02 points on the trading session, high on the trading session $19.60 low on the trading session $15.88 with a closing stock price at $17.06; Intuit Incorporated (NasdaqGS: INTU) stock price gained 0.16 points on the trading session, high on the trading session $22.44, low on the trading session $20.24 with a closing stock price at $20.71; PetSmart Incorporated (NasdaqGS: PETM) stock price gained 1.58 points on the trading session, high on the trading session $16.75, low on the trading session $14.44 with a closing stock price at $14.90; Gymboree Corporation (NasdaqGS: GYMB) stock price gained 2.89 points on the trading session, high on the trading session $20.99, low on the trading session $17.55 with a closing stock price at $19.37; Axsys Technologies Incorporated (NasdaqGS: AXYS) stock price gained 4.64 points on the trading session, high on the trading session $60.56, low on the trading session $55.11 with a closing stock price at $58.70.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 185; declined stock prices 701; unchanged stock prices 82; stock prices hitting new highs 6 and stock prices hitting new lows 245.

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 trading session price 749, -62.7
E-mini NASDAQ-100 (NQ) end of trading session price 1,046, -50.25
E-mini DOW $5 (YM) end of trading session price 7,507 -515
E-mini S&P MidCap 400 end of trading session price 453, -37.50
E-mini S&P SmallCap 600 (SMP) end of trading session price 207.20. -14.80

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.8029 to U.S. Dollars 1.2455
Japanese Yen 94.060 to U.S. Dollars 0.0106
British Pound 0.6788 to U.S. Dollars 1.4732
Canadian Dollar 1.2954 to U.S. Dollars 0.7720
Swiss Franc 1.2243 to U.S. Dollars 0.8168

Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $4.45 on the trading session for a closing price of $49.65 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.09 on the trading session for a closing price of $1.69 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.43 on the trading session for a closing price of $6.39 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.10 on the trading session for a closing price of $1.01 a gallon ($US per gallon)

Metals Markets:
Gold Market Price (COMEX: CMX) gained $12.70 on the trading session for a closing price of $748.70 ($US per Troy ounce)
Silver (COMEX: CMX) shed $0.29 on the trading session for a closing price of $9.03 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $33.60 on the trading session for a closing price of $790.10 ($US per Troy ounce)
Copper (COMEX: CMX) shed $0.03 on the trading session for a closing price of $1.58 ($US per pound)

Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) gained 1.78 on the trading session for a closing price of 64.68
Pork Bellies (Chicago Mercantile Exchange: CME) gained 3.00 on the trading session for a closing price of 87.60
Live Cattle (Chicago Mercantile Exchange: CME) shed 1.38 on the trading session for a closing price of 86.53
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 0.10 on the trading session for a closing price of 89.75

Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 15.25 on the trading session for a closing price of 378.00
Soybeans (Chicago Board of Trade: CBT) shed 41.00 on the trading session for a closing price of 856.00

Bond Market:
2 year bond gained 5/32 on the trading session for a closing price of 100 31/32 with a Yield of 0.98, Yield Change -0.09
5 year bond gained 19/32 on the trading session for a closing price of 103 31/32 with a Yield of 1.89, Yield Change -0.13
10 year bond gained 2 14/32 on the trading session for a closing price of 105 30/32 with a Yield of 3.05, Yield Change -0.28
30 year bond gained 6 30/32 on the trading session for a closing price of 117 2/32 with a Yield of 3.56, Yield Change -0.55

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