Tim Geithner

Daily Market Commentary for January 21, 2009 from Millennium-Traders.Com

Comment from Tim Geithner, current head of the Federal Reserve Bank of New York: "Senators, the ultimate costs of this crisis will be greater if we do not act with sufficient strength now," (read more)

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) triple digit gain of 279.01 points to end the trading session at 8,228.10
NYSE (New York Stock Exchange) triple digit gain of 215.83 points to end the trading session at 5,273.99
National Association of Securities Dealers Automated Quotations (NASDAQ) gain of 66.21 points to end the trading session at 1,507.07
S&P 500 (SPX) gain of 35.03 points to end the trading session at 840.25
FTSE All-World Index data excluding U.S. (AW01UK) gain of 3.06 points to end the trading session at 135.97
FTSE RAFI 1000 triple digit gain of 133.81 points to end the trading session at 3,189.13
BEL 20 (BEL20) loss of 7.77 points to end the trading session at 1,794.97
CAC 40 (CAC40) loss of 19.71 points to end the trading session at 2,905.57
FTSE100 (UKX100) loss of 31.52 points to end the trading session at 4,059.88
NIKKEI 225 (NIK/O) triple digit loss of 164.15 points at the end the trading session at 7,904.64

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,444, declined stock prices 684, unchanged stock prices 71, stock prices hitting new highs 4 and stock prices hitting new lows 86. 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: BlackRock Incorporated (NYSE: BLK) stock price gained 5.06 points on the trading session, high on the trading session $109.35, low on the trading session $96.19, with a closing stock price at $108.50; BP plc (NYSE: BP) stock price gained 0.82 points on the trading session, high on the trading session $42.15, low on the trading session $39.95, with a closing stock price at $42.09; Burlington Northern Santa Fe (NYSE: BNI) stock price gained 4.34 points on the trading session, high on the trading session $65.70, low on the trading session $62.63, with a closing stock price at $65.59; Goldman Sachs Group Incorporated (NYSE: GS) stock price gained 10.70 points on the trading session, high on the trading session $70.10, low on the trading session $63.25, with a closing stock price at $69.90; Air Products & Chemicals Incorporated (NYSE: APD) stock price gained 1.46 points on the trading session, high on the trading session $54.22, low on the trading session $50.08, with a closing stock price at $54.10; Analog Devices Incorporated (NYSE: ADI) stock price gained 0.13 points on the trading session, high on the trading session $19.07, low on the trading session $18.06, with a closing stock price at $18.90; MasterCard Incorporated (NYSE: MA) stock price gained 12.92 points on the trading session, high on the trading session $132.38, low on the trading session $121.00, with a closing stock price at $132.10; PNC Financial Services (NYSE: PNC) stock price gained 8.16 points on the trading session, high on the trading session $30.36, low on the trading session $24.31, with a closing stock price at $30.16; ProShares Ultrashort Financials (NYSE: SKF) stock price shed 47.03 points on the trading session, high on the trading session $195.69, low on the trading session $150.00, with a closing stock price at $152.40; State Street Corporation (NYSE: STT) stock price gained 2.18 points on the trading session, high on the trading session $18.00, low on the trading session $15.25, with a closing stock price at $17.07; Direxion Financial Bear (NYSE: FAZ) stock price shed 30.95 points on the trading session, high on the trading session $85.85, low on the trading session $56.56, with a closing stock price at $57.20; ProShares Ultrashort S&P 500 (NYSE: SDS) stock price shed 7.45 points on the trading session, high on the trading session $87.12, low on the trading session $79.01, with a closing stock price at $79.43; CME Group Incorporated (NYSE: CME) stock price gained 20.03 points on the trading session, high on the trading session $180.59, low on the trading session $157.74, with a closing stock price at $179.10.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,079, declined stock prices 748, unchanged stock prices 124, stock prices hitting new highs 4 and stock prices hitting new lows 152. 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: Northern Trust Corporation (NasdaqGS: NTRS) stock price gained 13.46 points on the trading session, high on the trading session $57.74, low on the trading session $49.05, with a closing stock price at $57.39; Cree Incorporated (NasdaqGS: CREE) stock price gained 2.57 points on the trading session, high on the trading session $19.75, low on the trading session $17.46, with a closing stock price at $19.06; Hancock Holding Company (NasdaqGS: HBHC) stock price shed 5.43 points on the trading session, high on the trading session $29.99, low on the trading session $24.53, with a closing stock price at $27.57; Woodward Governor company (NasdaqGS: WGOV) stock price gained 3.52 points on the trading session, high on the trading session $25.40, low on the trading session $22.80, with a closing stock price at $23.42.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 331, declined stock prices 232, unchanged stock prices 67, stock prices hitting new highs 4 and stock prices hitting new lows 11.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 09: End of trading session price 836.00; Change for the trading session 30.00
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,179.25; Change for the trading session 31.75
E-mini DOW $5 (YM) Mar 09: End of trading session price 8,178; Change for the trading session 233
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 504.80; Change for the trading session 19.60
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 8,005; Change for the trading session 230

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7666 to U.S. Dollars 1.3044
Japanese Yen 89.430 to U.S. Dollars 0.0112
British Pound 0.7153 to U.S. Dollars 1.3980
Canadian Dollar 1.2549 to U.S. Dollars 0.7969
Swiss Franc 1.1526 to U.S. Dollars 0.8676

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (March 09) gained $2.71 on the trading session for a closing price of $43.55 per barrel ($US per barrel)
Heating Oil (March 09) gained $0.01 on the trading session for a closing price of $1.38 a gallon ($US per gallon)
Natural Gas (March 09) gained $0.12 on the trading session for a closing price of $4.79 per million BTU ($US per mmbtu.)
Unleaded Gas (February 09) gained $0.03 on the trading session for a closing price of $1.17 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 09) shed $5.10 on the trading session for a closing price of $850.10 ($US per Troy ounce)
Silver (March 09) gained $0.15 on the trading session for a closing price of $11.33 ($US per Troy ounce)
Platinum (April 09) shed $21.70 on the trading session for a closing price of $922.10 ($US per Troy ounce)
Copper (March 09) shed $0.07 on the trading session for a closing price of $1.43 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 09) shed 0.35 on the trading session for a closing price of 65.35
Pork Bellies (February 09) gained 1.33 on the trading session for a closing price of 82.00
Live Cattle (April 09) shed 0.15 on the trading session for a closing price of 85.20
Feeder Cattle (March 09) shed 0.40 on the trading session for a closing price of 91.35

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) gained 6.75 on the trading session for a closing price of 390.25
Soybeans (March 09) gained 28.50 on the trading session for a closing price of 1,020.50

BOND MARKET:
2 year Bond Closing price 100 7/32, change -3/32, Yield 0.75, Yield change 0.04
5 year Bond closing price of 99 16/32, change -17/32, Yield 1.60, Yield change 0.14
10 year Bond closing price 110 15/32, change -1 14/32, Yield 2.53, Yield change 0.20
30 year Bond closing price 125 19/32, change -4, Yield 3.15, Yield change 0.26

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