CIT Group

Daily Market Commentary for July 20, 2009

CIT Group, a commercial lender has landed a $3 billion dollar deal with bondholders to save them from bankruptcy protection. (read more at Millennium-Traders.Com)

Leading Index by U.S. Conference Board:
June Leading Index rose 0.7%; June Coincident Index down 0.2%; June Lagging Index down 0.7%.

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 104.21 points, EOD 8,848.15
NYSE (New York Stock Exchange) triple digit gain 103.19, EOD 6,141.30
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 22.66 points, EOD 1,909.29
S&P 500 (SPX) gain 10.75 points, EOD 951.13
BEL 20 (BEL20) gain 22.23 points, EOD 2,105.34
CAC 40 (CAC40) gain 52.48 points, EOD 3,270.94
FTSE100 (UKX100) gain 54.87 points, EOD 4,443.62
NIKKEI 225 (NIK/O) gain 51.16 points, EOD 9,395.32

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,369, declined stock prices 734, unchanged stock prices 83, stock prices hitting new highs 66 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: RHT gain 1.72, HOD 22.91, LOD 21.80, EOD 22.32; LNC gain 0.98, HOD 17.22, LOD 16.59, EOD 17.14; HAR shed 4.32, HOD 27.71, LOD 20.47, EOD 20.86; RTP gain 6.50, HOD 152.48, LOD 146.42, EOD 151.71; CME gain 4.68, HOD 282.87, LOD 275.78, EOD 279.23; OT gain 0.14, HOD 93.50, LOD 90.39, EOD 91.43; ICE gain 1.64, HOD 94.22, LOD 89.55, EOD 92.64; MA gain 1.58, HOD 185.42, LOD 180.10, EOD 181.42.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,847, declined stock prices 870, unchanged stock prices 119, stock prices hitting new highs 85 and stock prices hitting new lows 18. 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: OREX gain 1.51, HOD 7.59, LOD 6.33, EOD 7.20; YHOO gain 0.17, HOD 17.43, LOD 16.65, EOD 17.01; NAVG shed 0.81, HOD 47.85, LOD 46.45, EOD 46.96; HGSI gain 9.19, HOD 12.56, LOD 9.10, EOD 12.51; BIDU gain 14.64, HOD 338.20, LOD 317.00, EOD 336.24; FSLR gain 2.09, HOD 149.47, LOD 145.50, EOD 146.64; AAPL gain 1.15, HOD 155.03, LOD 150.89, EOD 152.90; BIIB gain 0.85, HOD 47.23, LOD 45.95, EOD 46.92; ISRG gain 8.88, HOD 165.19, LOD 159.72, EOD 164.42; GOOG shed 0.08, HOD 432.85, LOD 426.25, EOD 430.17.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 348, declined stock prices 180, unchanged stock prices 61, stock prices hitting new highs 13 and stock prices hitting new lows 4.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 948.50; Change 11.50
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,540.50; Change 12.50
E-mini DOW $5 (YM) Sept 09: EOD 8,802; Change 105
E-mini S&P MidCap 400 (MF) Sept 09: EOD 596.20; Change 7.90
Nikkei 225 (Yen) Sept 09: EOD 9,590; Change 115

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7024 to U.S. Dollars 1.4236
Japanese Yen 94.2400 to U.S. Dollars 0.0106
British Pound 0.6045 to U.S. Dollars 1.6543
Canadian Dollar 1.1066 to U.S. Dollars 0.9037
Swiss Franc 1.0676 to U.S. Dollars 0.9367

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (August 09) gain $0.42, EOD $63.98 per barrel ($US per barrel)
Heating Oil (September 09) gain $0.04, EOD $1.72 a gallon ($US per gallon)
Natural Gas (September 09) gain $0.02, EOD $3.84 per million BTU ($US per mmbtu.)
Unleaded Gas (August 09) gain $0.02, EOD $1.79 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (August 09) gain $11.30, EOD $948.80 ($US per Troy ounce)
Silver (September 09) gain $0.22, EOD $13.63 ($US per Troy ounce)
Platinum (October 09) gain $12.80, EOD $1,188.90 ($US per Troy ounce)
Copper (September 09) gain $0.05, EOD $2.47 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) shed $0.08, EOD $60.48
Pork Bellies (August 09) gain $2.00, EOD $65.80
Live Cattle (October 09) shed $0.05, EOD $91.90
Feeder Cattle (August 09) shed $0.13, EOD $104.48

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $2.25, EOD $333.75
Soybeans (November 09) shed $0.50, EOD $923.00

BOND MARKET:
2 year EOD 100 9/32, change 1/32, Yield 0.97, Yield change -0.01
5 year EOD 100 25/32, change 7/32, Yield 2.45, Yield change -0.05
10 year EOD 96 1/32, change 10/32, Yield 3.60, Yield change -0.04
30 year EOD 95 26/32, change 17/32, Yield 4.50, change -0.04

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