Consumer Credit

Daily Market Commentary for April 7, 2009

Consumers cut borrowing during the month of February, feverishly shunning credit cards, per a report from the Federal Reserve today. (read more at Millennium-Traders.Com)

Economic data released today:

ICSC-Goldman Store Sales:
U.S. Chain Store Sales fell 0.3% on the year; U.S. ICSC/Goldman Sachs Chain Store Sales rose 0.6% for week of April 4.

Redbook:
U.S. Retail Sales rose 0.4% for week ending April 4 versus a year ago; U.S. Retail Sales first 5 Weeks of March fell 0.8% versus March a year ago; U.S. Retail Sales first 5 Weeks of March fell 0.8% versus March a year ago; U.S. Retail Sales first 5 Weeks of March rose 0.5% versus February.

Consumer Credit:
U.S. February Consumer Credit decreased $7.5B; U.S. January Consumer Credit revised to Up $8.1B from Up $1.8B; U.S. Consumer Credit fell for the fourth time in six months.

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 186.29 points to end the trading session at 7,789.56
NYSE (New York Stock Exchange) triple digit loss of 128.81 points to end the trading session at 5,120.67
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 45.10 points to end the trading session at 1,561.61
S&P 500 (SPX) loss of 19.93 points to end the trading session at 815.55
BEL 20 (BEL20) loss of 34.64 points to end the trading session at 1,765.51
CAC 40 (CAC40) loss of 27.44 points to end the trading session at 2,902.31
FTSE100 (UKX100) loss of 63.02 points to end the trading session at 3,930.52
NIKKEI 225 (NIK/O) loss of 25.08 points to end the trading session at 8,832.85

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 497, declined stock prices 2,165, unchanged stock prices 484, stock prices hitting new highs 2 and stock prices hitting new lows 7. 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: ***** (NYSE: NOK) stock price shed 0.65 points on the trading session, high on the trading session $12.71, low on the trading session $12.46, with a closing stock price at $12.64; ITT Educational Services (NYSE: ESI) stock price shed 8.68 points on the trading session, high on the trading session $112, low on the trading session $102.46, with a closing stock price at $104.20; ProShares Ultrashort Financials (NYSE: SKF) stock price gained 5.55 points on the trading session, high on the trading session $90, low on the trading session $85.67, with a closing stock price at $89.85; CME Group (NYSE: CME) stock price shed 2.52 points on the trading session, high on the trading session $251.65, low on the trading session $240.17, with a closing stock price at $243.01.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 679, declined stock prices 2,065, unchanged stock prices 135, stock prices hitting new highs 5 and stock prices hitting new lows 14. 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: Chattem (NasdaqGS: CHTT) stock price shed 0.96 points on the trading session, high on the trading session $55.80, low on the trading session $50.10, with a closing stock price at $51.84; Immucor (NasdaqGS: BLUD) stock price shed 1.11 points on the trading session, high on the trading session $25.95, low on the trading session $22.49, with a closing stock price at $22.95; Intuitive Surgical (NasdaqGS: ISRG) stock price shed 1.89 points on the trading session, high on the trading session $97.89, low on the trading session $94, with a closing stock price at $96.99; Apollo Group (NasdaqGS: APOL) stock price shed 2.27 points on the trading session, high on the trading session $69.56, low on the trading session $62.56, with a closing stock price at $67.17; First Solar (NasdaqGS: FSLR) stock price shed 5.16 points on the trading session, high on the trading session $137.02, low on the trading session $132.35, with a closing stock price at $133; Baidu (NasdaqGS: BIDU) stock price shed 6.82 points on the trading session, high on the trading session $183.95, low on the trading session $177.10, with a closing stock price at $179.59; Google (NasdaqGS: GOOG) stock price shed 8.32 points on the trading session, high on the trading session $363.75, low on the trading session $355.31, with a closing stock price at $359.92.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 214, declined stock prices 287, unchanged stock prices 111, stock prices hitting new highs 4 and stock prices hitting new lows 6.

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 815.25; Change for the trading session 1.25
E-mini NASDAQ-100 (NQ) June 09: End of trading session price 1,283.25; Change for the trading session 2.50
E-mini DOW $5 (YM) June 09: End of trading session price 7,770; Change for the trading session 8
E-mini S&P MidCap 400 (MF) June 09: End of trading session price 502.30; Change for the trading session 1.10
Nikkei 225 (Yen) June 09; End of trading session price 8,730; Change for the trading session 10

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7536 to U.S. Dollars 1.3269
Japanese Yen 100.39 to U.S. Dollars 0.010
British Pound 0.6789 to U.S. Dollars 1.4730
Canadian Dollar 1.2363 to U.S. Dollars 0.8089
Swiss Franc 1.1425 to U.S. Dollars 0.8753

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (May 09) shed $1.90 on the trading session for a closing price of $49.15 per barrel ($US per barrel)
Heating Oil (May 09) shed $0.03 on the trading session for a closing price of $1.39 a gallon ($US per gallon)
Natural Gas (May 09) shed $0.17 on the trading session for a closing price of $3.57 per million BTU ($US per mmbtu.)
Unleaded Gas (May 09) shed $0.02 on the trading session for a closing price of $1.46 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 09) gained $10.50 on the trading session for a closing price of $883.30 ($US per Troy ounce)
Silver (May 09) gained $0.10 on the trading session for a closing price of $12.21 ($US per Troy ounce)
Platinum (July 09) gained $22.40 on the trading session for a closing price of $1,175.00 ($US per Troy ounce)
Copper (May 09) gained $0.03 on the trading session for a closing price of $1.99 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) gained 0.70 on the trading session for a closing price of 73.45
Pork Bellies (May 09) shed 0.13 on the trading session for a closing price of 89.68
Live Cattle (June 09) shed 0.63 on the trading session for a closing price of 83.75
Feeder Cattle (May 09) shed 0.25 on the trading session for a closing price of 97.13

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 09) shed 9.25 on the trading session for a closing price of 396.25
Soybeans (May 09) shed 4.50 on the trading session for a closing price of 989.50

BOND MARKET:
2 year Bond Closing price 99 29/32, change 2/32, Yield 0.91, Yield change -0.03
5 year Bond closing price of 99 16/32, change 6/32, Yield 1.85, Yield change -0.04
10 year Bond closing price 100, change 1 16/32, Yield 2.75, Yield change -0.17
30 year Bond closing price 96 6/32, change 8/32, Yield 3.71, Yield change -0.01

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