Insurance Fraud

Daily Market Commentary for March 20, 2009

It was reported today there is a probe looking into potential fraud under N.J. law, by American International Group, Inc. (NYSE: AIG). (read more at Millennium-Traders.Com)

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 loss of 122.42 points to end the trading session at 7,278.38
NYSE (New York Stock Exchange) triple digit loss of 105.09 points to end the trading session at 4,832.13
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 26.21 points to end the trading session at 1,457.27
S&P 500 (SPX) loss of 15.50 points to end the trading session at 768.54
BEL 20 (BEL20) gain of 19.02 points to end the trading session at 1,708.66
CAC 40 (CAC40) gain of 14.15 points to end the trading session at 2,791.14
FTSE100 (UKX100) gain of 25.92 points to end the trading session at 3,842.85
NIKKEI 225 (NIK/O) unchanged at the end the trading session at 7,945.96

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 790, declined stock prices 2,319, unchanged stock prices 65, stock prices hitting new highs 5 and stock prices hitting new lows 21. 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: Goldman Sachs Group (NYSE: GS) stock price shed 1.98 points on the trading session, high on the trading session $100.50, low on the trading session $95.10, with a closing stock price at $97.32; Hess (NYSE: HES) stock price shed 3.02 points on the trading session, high on the trading session $65.40, low on the trading session $61.00, with a closing stock price at $61.80; Rio Tinto plc (NYSE: RTP) stock price shed 0.21 points on the trading session, high on the trading session $117.70, low on the trading session $113.08, with a closing stock price at $114.10; Direxion Financial Bear 3X (NYSE: FAZ) stock price gained 4.50 points on the trading session, high on the trading session $35.47, low on the trading session $30.78, with a closing stock price at $34.90; ProShares Ultrashort Financials (NYSE: SKF) stock price gained 9.99 points on the trading session, high on the trading session $130.86, low on the trading session $119.42, with a closing stock price at $129.09; Apache (NYSE: APA) stock price shed 2.38 points on the trading session, high on the trading session $68.10, low on the trading session $64.52, with a closing stock price at $64.86; CME Group (NYSE: CME) stock price gained 0.70 points on the trading session, high on the trading session $238.64, low on the trading session $227.93, with a closing stock price at $228.63.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 898, declined stock prices 1,859, unchanged stock prices 147, stock prices hitting new highs 9 and stock prices hitting new lows 37. 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 (NasdaqGS: BIDU) stock price shed 0.41 points on the trading session, high on the trading session $177.00, low on the trading session $172.43, with a closing stock price at $174.78; First Solar (NasdaqGS: FSLR) stock price shed 1.77 points on the trading session, high on the trading session $127.75, low on the trading session $119.93, with a closing stock price at $123.03.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 256, declined stock prices 275, unchanged stock prices 76, stock prices hitting new highs 6 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) June 09: End of trading session price 763.50; Change for the trading session -16.50
E-mini NASDAQ-100 (NQ) June 09: End of trading session price 1,187.50; Change for the trading session -16
E-mini DOW $5 (YM) June 09: End of trading session price 7,203; Change for the trading session -149
E-mini S&P MidCap 400 (MF) June 09: End of trading session price 460.70; Change for the trading session -16.90

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7370 to U.S. Dollars 1.3569
Japanese Yen 95.87 to U.S. Dollars 0.0104
British Pound 0.6926 to U.S. Dollars 1.4439
Canadian Dollar 1.2411 to U.S. Dollars 0.8057
Swiss Franc 1.1285 to U.S. Dollars 0.8861

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (April 09) shed $0.55 on the trading session for a closing price of $51.06 per barrel ($US per barrel)
Heating Oil (May 09) gained $0.03 on the trading session for a closing price of $1.40 a gallon ($US per gallon)
Natural Gas (May 09) gained $0.07 on the trading session for a closing price of $4.31 per million BTU ($US per mmbtu.)
Unleaded Gas (April 09) gained $0.02 on the trading session for a closing price of $1.46 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 09) shed $2.60 on the trading session for a closing price of $956.20 ($US per Troy ounce)
Silver (May 09) gained $0.32 on the trading session for a closing price of $13.84 ($US per Troy ounce)
Platinum (April 09) shed $7.60 on the trading session for a closing price of $1,116 ($US per Troy ounce)
Copper (May 09) shed $0.01 on the trading session for a closing price of $1.80 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) shed 1.18 on the trading session for a closing price of 73.78
Pork Bellies (May 09) shed 0.25 on the trading session for a closing price of 91.50
Live Cattle (June 09) shed 0.28 on the trading session for a closing price of 82.85
Feeder Cattle (May 09) shed 0.35 on the trading session for a closing price of 95.38

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 09) no change on the trading session for a closing price of 396.50
Soybeans (May 09) gained 11.50 on the trading session for a closing price of 952.00

BOND MARKET:
2 year Bond Closing price 100, change 0, Yield 0.87, Yield change 0.01
5 year Bond closing price of 101 1/32, change -1/32, Yield 1.65, Yield change 0.01
10 year Bond closing price 100 27/32, change -12/32, Yield 2.65, Yield change 0.11
30 year Bond closing price 97, change -18/32, Yield 3.66, Yield change 0.03

At the close of the week, performance results for our Moderators:

Stocks Trading Room:
Jeannie $8,216
Barry $10,435
Sam $4,111
Scott $2,221

Futures Trading Room:
JT $5,475
James n/a
Marco $430

Forex Trading Room:
JT $17,600

Daily Swing Trades:
Barry -$2,050

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