General Motors

Daily Market Commentary for April 22, 2009

General Motors Corporation (GM) Chief Financial Officer Ray Young said the company does not plan on making a $1 billion debt payment due June 1 and is relying on either a successful debt-for-equity exchange or court protection to dramatically lower its outstanding debt. (read more at Millennium-Traders.Com)

Economic data released today:

EIA Petroleum Status Report released by the Department of Energy:
U.S. Crude Oil Stockpiles rose by 3.857 Million Barrels at 370.6 Million Barrels; U.S. Gasoline Stockpiles rose by 0.802 Million Barrels at 217.307 Million Barrels; U.S. Distillate Stockpiles rose by 2.682 Million Barrels at 142.311 Million Barrels; U.S. Refineries ran at 83.4% versus 80.4% a week ago; U.S. Crude Oil Stockpiles rose by 3.9 Million Barrels in the week compared to expectations of an increase by 2.5 Million Barrels; U.S. Gasoline Stockpiles rose by 802,000 Barrels in the week compared to expectations of a drop by 300,000 Million Barrels; U.S. Distillate Stockpiles rose by 2.7 Million Barrels in the week compared to expectations of a drop by 600,000 Million Barrels; U.S. Refineries ran at 83.4% capacity compared to expectations of an increase by 0.7 points at 81.1%.

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) loss 83.15 points, EOD 7,886.41
NYSE (New York Stock Exchange) loss 48.98 points, EOD 5,290.61
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 2.27 points, EOD 1,646.12
S&P 500 (SPX) loss 6.53 points, EOD 843.55
BEL 20 (BEL20) gain 19.74 points, EOD 1,903.89
CAC 40 (CAC40) gain 51.3 points, EOD 3,025.24
FTSE100 (UKX100) gain 43.2 points, EOD 4,030.66
NIKKEI 225 (NIK/O) gain 15.97 points, EOD 8,727.30

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,387, declined stock prices 1,271, unchanged stock prices 489, stock prices hitting new highs n/a and stock prices hitting new lows 1. 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: SKF: gain 3.73 points, HOD $64.38, LOD $57.61, EOD $64.03; RTP: gain 6.98 points, HOD $149.33, LOD $135.27, EOD $143.13; COF: shed 0.67 points, HOD $16.20, LOD $13.65, EOD $14.38; MS: shed 2.21 points, HOD $24.55, LOD $22.26, EOD $22.44; CME: shed 9.97 points, HOD $230.74, LOD $218.56, EOD $219; BA: gain 0.65 points, HOD $38.32, LOD $36.54, EOD $37.30.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,437, declined stock prices 1,307, unchanged stock prices 138, stock prices hitting new highs n/a and stock prices hitting new lows n/a. 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: GILD: gain 2.49 points, HOD $47.73, LOD $45.97, EOD $46.22; ISRG: gain 6.44 points, HOD $139, LOD $126, EOD $135.40; BIDU: gain 3.78 points, HOD $218, LOD $202.75, EOD $208.34; PFCB: gain 5.76 points, HOD $34.11, LOD $31.54, EOD $32.76; GENZ: shed 3.59 points, HOD $53.26, LOD $51, EOD $50.91; CPTS: gain 1.43 points, HOD $14.66, LOD $13.06, EOD $13.73; FSLR: gain 6.21 points, HOD $151.44, LOD $138.50, EOD $146.35; APOL: gain 1.55 points, HOD $64.35, LOD $60.69, EOD $62.70.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 263, declined stock prices 227, unchanged stock prices 91, stock prices hitting new highs n/a and stock prices hitting new lows n/a.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) June 09: EOD 836.25; Change -11.50
E-mini NASDAQ-100 (NQ) June 09: EOD 1,321.50; Change -6.50
E-mini DOW $5 (YM) June 09: EOD 7,807; Change -116
E-mini S&P MidCap 400 (MF) June 09: EOD 533.20; Change -0.40
Nikkei 225 (Yen) June 09; EOD 8,745; Change -90

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7695 to U.S. Dollars 1.2996
Japanese Yen 97.88 to U.S. Dollars 0.0102
British Pound 0.6909 to U.S. Dollars 1.4473
Canadian Dollar 1.2404 to U.S. Dollars 0.8062
Swiss Franc 1.1643 to U.S. Dollars 0.8589

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (May 09) gain $0.30, EOD $48.85 per barrel ($US per barrel)
Heating Oil (June 09) shed $0.02, EOD $1.35 a gallon ($US per gallon)
Natural Gas (May 09) gain $0.01, EOD $3.65 per million BTU ($US per mmbtu.)
Unleaded Gas (May 09) loss $0.02, EOD $1.39 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 09) gain $9.80, EOD $892.50 ($US per Troy ounce)
Silver (May 09) gain $0.25, EOD $12.31 ($US per Troy ounce)
Platinum (July 09) gain $21.10, EOD $1,178.70 ($US per Troy ounce)
Copper (July 09) shed $0.02, EOD $2.06 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) shed 0.03, EOD 72.35
Pork Bellies (May 09) gain 0.88, EOD 82.60
Live Cattle (June 09) shed 0.13, EOD 83.15
Feeder Cattle (August 09) shed 0.23, EOD 101.08

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 09) shed 0.50, EOD 382.50
Soybeans (July 09) gain 6.00, EOD 1,039

BOND MARKET:
2 year EOD 99 28/32, change -1/32, Yield 0.94, Yield change 0.08
5 year EOD 99 15/32, change -9/32, Yield 1.86, Yield change -0.03
10 year EOD 98 22/32, change -18/32, Yield 2.90, Yield change 0.07
30 year EOD 95 22/32, change -30/32, Yield 3.74, Yield change 0.06

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