Daily Market Commentary for July 30, 2009

Daily Market Commentary for July 30, 2009

Consumer Confidence

Oil prices rose to $66 dollars a barrel today, along with energy stocks as the dollar weakened. (read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
U.S. Jobless Claims rose 25K to 584K for week of July 25compared to survey of an increase 34K; U.S. Continuing Claims for week of July 18 fell 54K to 6,197,000; U.S. Week Jobless Claims for week of July 18 revised to 559K from 554K.

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 83.74 points, EOD 9,154.46
NYSE (New York Stock Exchange) triple digit gain 103.74, EOD 6,384.31
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 16.54 points, EOD 1,984.30
S&P 500 (SPX) gain 11.6 points, EOD 986.75
BEL 20 (BEL20) gain 34.72 points, EOD 2,155.09
CAC 40 (CAC40) gain 69.87 points, EOD 3,435.49
FTSE100 (UKX100) gain 84.08 points, EOD 4,631.61
NIKKEI 225 (NIK/O) gain 51.97 points, EOD 10,165.21

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,485, declined stock prices 652, unchanged stock prices 127, stock prices hitting new highs 9 and stock prices hitting new lows 5. 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: FLS gain 8.53, HOD 81.87, LOD 76.00, EOD 80.72; FMC gain 3.15, HOD 46.39, LOD 42.81, EOD 46.09; CTV shed 0.84, HOD 26.91, LOD 24.20, EOD 24.91; XOM shed 0.71, HOD 71.52, LOD 69.91, EOD 70.72; MA gain 5.56, HOD 209.27, LOD 193.88, EOD 194.11; RTP gain 9.46, HOD 164.20, LOD 160.61, EOD 161.54; CME gain 7.55, HOD 284.20, LOD 270.60, EOD 276.79; POT gain 2.79, HOD 96.29, LOD 93.46, EOD 94.87; BEN gain 7.10, HOD 88.63, LOD 81.78, EOD 87.52; OCR shed 3.76, HOD 25.00, LOD 20.50, EOD 23.47; TYC gain 0.84, HOD 31.46, LOD 29.21, EOD 29.64; GE gain 0.85, HOD 13.36, LOD 12.97, EOD 13.11; GCC gain 0.51, HOD 23.22, LOD 22.78, EOD 23.18.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,868, declined stock prices 856, unchanged stock prices 132, stock prices hitting new highs 122 and stock prices hitting new lows 10. 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: ESRX gain 0.11, HOD 74.00, LOD 71.60, EOD 71.87; CERN gain 0.44, HOD 66.24, LOD 62.72, EOD 65.57; AKAM shed 3.89, HOD 16.75, LOD 15.86, EOD 16.51; FSLR gain 5.56, HOD 175.88, LOD 171.11, EOD 173.55; BIDU gain 7.29, HOD 357.50, LOD 349.99, EOD 351.80; GMCR gain 2.87, HOD 72.00, LOD 60.54, EOD 68.77; WYNN gain 5.84, HOD 51.48, LOD 47.26, EOD 50.15; CYOU shed 1.15, HOD 38.27, LOD 35.81, EOD 36.09; MSC gain 5.85, HOD 36.46, LOD 29.65, EOD 32.13; DDRX gain 0.23, HOD 26.00, LOD 21.99, EOD 23.15.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 358, declined stock prices 173, unchanged stock prices 58, stock prices hitting new highs 16 and stock prices hitting new lows 2.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 982.50; Change 6.50
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,614.50; Change 2.25
E-mini DOW $5 (YM) Sept 09: EOD 9,090; Change 33
E-mini S&P MidCap 400 (MF) Sept 09: EOD 624.20; Change 5.40
Nikkei 225 (Yen) Sept 09: EOD 10,305; Change 125

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7111 to U.S. Dollars 1.4063
Japanese Yen 95.5000 to U.S. Dollars 0.0105
British Pound 0.6065 to U.S. Dollars 1.6489
Canadian Dollar 1.0845 to U.S. Dollars 0.9221
Swiss Franc 1.0881 to U.S. Dollars 0.9190

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (September 09) gain $3.59, EOD $66.94 per barrel ($US per barrel)
Heating Oil (September 09) gain $0.09, EOD $1.79 a gallon ($US per gallon)
Natural Gas (September 09) gain $0.20, EOD $3.74 per million BTU ($US per mmbtu.)
Unleaded Gas (August 09) gain $0.14, EOD $1.99 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $7.60, EOD $937.30 ($US per Troy ounce)
Silver (September 09) shgain $0.23, EOD $13.49 ($US per Troy ounce)
Platinum (October 09) gain $16.80, EOD $1,189.00 ($US per Troy ounce)
Copper (September 09) gain $0.09, EOD $2.56 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) shed $0.50, EOD $52.60
Pork Bellies (August 09) shed $0.55, EOD $61.00
Live Cattle (October 09) gain $0.60, EOD $89.85
Feeder Cattle (August 09) gain $0.23, EOD $102.28

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $14.25, EOD $342.25
Soybeans (November 09) gain $55.00, EOD $971.00

BOND MARKET:
2 year EOD 99 21/32, change 0, Yield 1.17, Yield change 0.01
5 year EOD 99 30/32, change 7.52/32, Yield 2.64, Yield change 0.01
10 year EOD 95 25/32, change 6/32, Yield 3.64, Yield change -0.02
30 year EOD 97 7/32, change 1 15/32, Yield 4.41, change -0.09

Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

Visitors may subscribe to our free Weekly MarketNews for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.


Thanks for reading
Millennium-Traders.Com