New Vehicle Sales

Daily Market Commentary for May 1, 2009

Vehicle sales data for April were released today and as was expected, they were far from good. (read more at Millennium-Traders.Com)

Economic data released today:

Consumer Sentiment from University of Michigan:
12-Month Inflation Forecast rose 2.8% compared to March 12-Month Inflation Forecast increase by 2.0%; 5-Year Inflation Forecast rose 2.8% compared to March 5-Year Inflation Forecast increase by 2.6%; Preliminary April Sentiment was 61.9; End-April expectations 63.1 compared to March expectations of 53.5; End-April Current index 68.3 compared to March Current index of 63.3; End-April Sentiment 65.1 compared to March Sentiment of 57.3.
ISM Manufacturing Index:
April Manufacturing PMI came in at 40.1 versus March reading of 36.3; April Manufacturing PMI expected to come in at 38.3; April Prices Index 32.0 versus March reading of 31.0; April Employment Index 34.4 versus March reading of 28.1; April New Orders Index 47.2 versus March reading of 41.2; April Production Index 40.4 versus March reading of 36.4; April Inventories Index 33.6 versus March reading of 32.2.

Factory Orders:
U.S. Factory Orders fell 0.9% in March compared to consensus of a drop by 0.5%; March Factory Orders, Excluding Transportation fell 0.9%; March Factory Orders, Excluding Defense fell 0.9%; March Durable Goods Unrevised at a drop by 0.8%; February Factory Orders revised to an increase by 0.7% from increase by 1.8.

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) gain 44.29 points, EOD 8,212.41
NYSE (New York Stock Exchange) gain 55.40 points, EOD 5,568.76
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 1.90 points, EOD 1,719.20
S&P 500 (SPX) gain 4.71 points, EOD 877.52
BEL 20 (BEL20) unchanged, EOD 1,953.35
CAC 40 (CAC40) unchanged, EOD 3,159.85
FTSE100 (UKX100) loss 0.49 points, EOD 4,243.22
NIKKEI 225 (NIK/O) triple digit gain 149.11 points, EOD 8,977.37

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,701, declined stock prices 955, unchanged stock prices 507, stock prices hitting new highs 8 and stock prices hitting new lows 9. 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: HIG: shed 0.91 points, HOD $11.74, LOD $9.83, EOD $10.56; MTD: gain 13.98 points, HOD $75.90, LOD $69, EOD $75.61; MET: shed 2.30 points, HOD $28.94, LOD $27.01, EOD $27.45; CME: gain 1.94 points, HOD $226.89, LOD $219.22, EOD $223.29; SKF: gain 1.39 points, HOD $59.17, LOD $56, EOD $58.40; SPG: shed 4.14 points, HOD $51, LOD $47, EOD $47.46; ESI: shed 7.06 points, HOD $100.61, LOD $92.10, EOD $93.71; HES: gain 1.40 points, HOD $56.30, LOD $54.84, EOD $56.19; V: gain 0.05 points, HOD $66.30, LOD $62.64, EOD $65.01; MA: shed 10.55 points, HOD $176, LOD $163.64, EOD $172.90; BGC: gain 5.86 points, HOD $35.88, LOD $31.20, EOD $33.00; APA: gain 4.11 points, HOD $77.89, LOD $72.70, EOD $76.97.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,430, declined stock prices 1,351, unchanged stock prices 104, stock prices hitting new highs 18 and stock prices hitting new lows 11. 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: GMCR: gain 1.97 points, HOD $78.20, LOD $70.75, EOD $74.28; FSLR: shed 5.79 points, HOD $190, LOD $176.36, EOD $181.50; JRCC: gain 4.23 points, HOD $18.58, LOD $16.10, EOD $18.47; BIDU: gain 2.48 points, HOD $238.22, LOD $230.87, EOD $235.38; AMAG: gain 6.55 points, HOD $55, LOD $48.47, EOD $51.40.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 320, declined stock prices 191, unchanged stock prices 84, 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: EOD 876.50; Change 6.50
E-mini NASDAQ-100 (NQ) June 09: EOD 1,398.75; Change 5.25
E-mini DOW $5 (YM) June 09: EOD 8,184; Change 58
E-mini S&P MidCap 400 (MF) June 09: EOD 557.30; Change -2.70
Nikkei 225 (Yen) June 09; EOD 9,110; Change 250

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7539 to U.S. Dollars 1.3264
Japanese Yen 99.27 to U.S. Dollars 0.0101
British Pound 0.6705 to U.S. Dollars 1.4914
Canadian Dollar 1.1848 to U.S. Dollars 0.8440
Swiss Franc 1.1361 to U.S. Dollars 0.8802

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (June 09) gain $2.08, EOD $52.84 per barrel ($US per barrel)
Heating Oil (June 09) gain $0.01, EOD $1.39 a gallon ($US per gallon)
Natural Gas (June 09) gain $0.03, EOD $3.55 per million BTU ($US per mmbtu.)
Unleaded Gas (May 09) gain $0.05, EOD $1.52 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 09) shed $3.00, EOD $888.20 ($US per Troy ounce)
Silver (July 09) gain $0.18, EOD $12.50 ($US per Troy ounce)
Platinum (July 09) shed $10.20, EOD $1,096.40 ($US per Troy ounce)
Copper (July 09) gain $0.05, EOD $2.10 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) gain 1.05, EOD 65.58
Pork Bellies (July 09) gain 3.00, EOD 78.13
Live Cattle (June 09) shed 0.40, EOD 82.10
Feeder Cattle (August 09) shed 1.18, EOD 98.45

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 09) gain 10.25, EOD 414
Soybeans (July 09) gain 36.00, EOD 1,091

BOND MARKET:
2 year EOD 99 29/32, change -1/32, Yield 0.90 Yield change 0
5 year EOD 99 10/32, change 0, Yield 2.01, Yield change 0
10 year EOD 96 18/32, change -10/32, Yield 3.26, Yield change 0.04
30 year EOD 90 1/32, change -21/32, Yield 4.08, Yield change 0.04

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

Stocks Trading Room:
Jeannie $4,480
Barry $7,710
Sam Off
Scott $2,428

Futures Trading Room:
JT $3,835
Marco $2,905

Forex Trading Room:
JT $10,850

Daily Swing Trades:
Barry $14,380

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