Consumer Price Index

Daily Market Commentary for August 14, 2009

Consumer Price Index

U.S. Commerce Department released Friday that the consumer price index for the month of July came in flat after slightly rising in the month of June, analysts were expecting a flat. (read more at Millennium-Traders.Com)

Economic data released today:

CPI:
U.S. July Consumer Prices unchanged compared to consensus of unchanged; U.S. July CPI Excluding-Food & Energy rose 0.1% compared to consensus of an increase by 0.1%; U.S. July CPI Unrounded unchanged at 0.000%; U.S. July CPI Core rose 0.091%; U.S. July CPI Energy Prices fell 0.4%; U.S. July CPI Food Prices fell 0.3%; U.S. Real Average Weekly Earnings rose 0.4% in July; U.S. CPI down 2.1% on the year; largest drop since January 1950.

Capacity Utilization Rate:
U.S. July Capacity Utilization rose 0.4-points at 68.5% compared to consensus by 68.5%;
July Car, Parts Output rose 20.1%; U.S. June Capacity Use Revised to 68.1% from 68.0.

Industrial Production:
U.S. June Industrial Production unrevised at -0.4%; U.S. July Industrial Production rose 0.5% compared to consensus of an increase by 0.6%; Industrial Production rose 0.1% excluding-cars, and parts.

University of Michigan (UM) Consumer Sentiment Index:
Mid-August Sentiment came in at 63.2 compared to July reading of 66.0; Mid-August Current Index came in at 64.9 compared to July reading of 70.5; 5-YEAR Inflation Forecast rose 2.9% compared to July increase by 3.0%; Mid-August Expectations at 62.1 compared to July reading of 63.2; 12-Mo Inflation Forecast rose 2.8% compared to July increase by 2.9%.

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) shed 125.61 points, EOD 9,272.58
NYSE (New York Stock Exchange) shed 66.28, EOD 6,537.82
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 33.84 points, EOD 1,975.51
S&P 500 (SPX) shed 13.93 points, EOD 998.80
BEL 20 (BEL20) shed 5.35 points, EOD 2,274.24
CAC 40 (CAC40) shed 29.12 points, EOD 3,495.27
FTSE100 (UKX100) shed 41.49 points, EOD 4,713.97
NIKKEI 225 (NIK/O) gain 80.14 points, EOD 10,597.33

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 901, declined stock prices 2,192, unchanged stock prices 83, stock prices hitting new highs 48 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: ANF gain 1.29, HOD 34.95, LOD 33.37, EOD 34.25; DAR shed 0.39, HOD 7.37, LOD 6.43, EOD 6.97; JCP shed 2.05, HOD 33.19, LOD 30.94, EOD 31.29; DTO gain 7.08, HOD 82.50, LOD 75.16, EOD 81.60; LVS shed 0.47, HOD 13.79, LOD 12.86, EOD 13.32; CME shed 4.08, HOD 285.50, LOD 277.77, EOD 281.02.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 602, declined stock prices 2,105, unchanged stock prices 113, stock prices hitting new highs 22 and stock prices hitting new lows 1. 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: ARCC shed 0.49, HOD 9.26, LOD 8.95, EOD 9.22; BIDU shed 7.64, HOD 346.14, LOD 337.06, EOD 339.58; TKTM shed 0.85, HOD 9.59, LOD 8.80, EOD 8.92; FSLR shed 2.98, HOD 144.63, LOD 140.63, EOD 141.78; JOYG shed 2.12, HOD 42.20, LOD 39.80, EOD 40.47; RRGB gain 0.40, HOD 18.32, LOD 16.95, EOD 17.92.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 192, declined stock prices 340, unchanged stock prices 50, stock prices hitting new highs 11 and stock prices hitting new lows 1.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 996.75; Change -16.75
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,601.25; Change -30.50
E-mini DOW $5 (YM) Sept 09: EOD 9,238; Change -150
E-mini S&P MidCap 400 (MF) Sept 09: EOD 641.00; Change -15.00
Nikkei 225 (Yen) Sept 09: EOD 10,450; Change -95

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7055 to U.S. Dollars 1.4174
Japanese Yen 94.8600 to U.S. Dollars 0.0105
British Pound 0.6057 to U.S. Dollars 1.6510
Canadian Dollar 1.1013 to U.S. Dollars 0.9080
Swiss Franc 1.0741 to U.S. Dollars 0.9310

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (September 09) shed $3.01, EOD $67.51 per barrel ($US per barrel)
Heating Oil (September 09) shed $0.06, EOD $1.84 a gallon ($US per gallon)
Natural Gas (September 09) shed $0.10, EOD $3.24 per million BTU ($US per mmbtu.)
Unleaded Gas (September 09) shed $0.08, EOD $1.94 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) shed $7.80, EOD $948.70 ($US per Troy ounce)
Silver (September 09) shed $0.27, EOD $14.72 ($US per Troy ounce)
Platinum (October 09) shed $11.00, EOD $1,261.70 ($US per Troy ounce)
Copper (September 09) shed $0.08, EOD $2.84 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) shed $0.75, EOD $44.65
Pork Bellies (February 10) shed $0.73, EOD $78.43
Live Cattle (October 09) gain $0.35, EOD $88.55
Feeder Cattle (October 09) gain $0.20, EOD $100.28

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $4.25, EOD $327.75
Soybeans (November 09) shed $39.75, EOD $979.00

BOND MARKET:
2 year EOD 99 28/32, change 2/32, Yield 1.09, Yield change -0.03
5 year EOD 100 18/32, change 9/32, Yield 2.49, Yield change -0.06
10 year EOD 100 17/32, change 12/32, Yield 3.55, Yield change -0.05
30 year EOD 101 17/32, change N/A, Yield 4.40, change -0.03

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