Gmac

Daily Market Commentary for October 28, 2009

GMAC

GMAC Financial Services announced to the Treasury Department that they are in need of more government funding, a spokesman from the Treasury Department confirmed the negotiations. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA [Mortgage Bankers Association] Mortgage Applications:
U.S. MBA Market Index fell 12.3% at 562.3; compared to last week 641; U.S. MBA Purchase Index fell 5.2% at 254.9; compared to last week 268.8.

Durable Goods Orders:
September Durable Goods Orders, Excluding-Transportation, rose 0.9%; U.S. September Durable Goods Orders rose 1.0%; compared to consensus of an increase by 1.5%; September Durable Goods Orders, Excluding-Defense, rose 0.5%; August Durable Goods Orders Unrevised at -2.6%.

New Home Sales:
U.S. September New Home Sales fell 3.6% to 402K; compared to consensus of 440K; U.S. August New Home Sales Revised to 417K from 429K.

Crude Oil Inventories as released by DOE [Department of Energy]:
U.S. Crude Oil Stockpiles +0.778 Million Barrels at 339.85 Million Barrels; U.S. Crude Oil Stockpiles +0.778 Million Barrels in week; was seen increasing by 1.7 Million Barrels; U.S. Gasoline Stockpiles +1.619 Million Barrels at 208.564 Million Barrels; U.S. Gasoline Stockpiles +1.619 Million Barrels in week; was seen decreasing by 1.1 Million Barrels; U.S. Distillate Stockpiles -2.134 Million Barrels at 167.754 Million Barrels; U.S. Distillate Stockpiles -2.134 Million Barrels in week; was seen decreasing by 0.7 Million Barrels; U.S. Refineries Ran at 81.8% versus 81.1% week ago; U.S. Refineries Ran at 81.8% capacity; was seen at 81.20%.

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 105.88 points, EOD 9,866.30
NYSE (New York Stock Exchange) shed 166.35, EOD 6,765.69
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 54.98 points, EOD 2,061.11
S&P 500 (SPX) shed 20.57 points, EOD 1,042.84
BEL 20 (BEL20) shed 71.08 points, EOD 2,371.96
CAC 40 (CAC40) shed 80.17 points, EOD 3,663.78
FTSE100 (UKX100) shed 120.55 points, EOD 5,080.42
NIKKEI 225 (NIK/O) shed 137.41, EOD 10,075.05

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 350 declined stock prices 2,801, unchanged stock prices 43, stock prices hitting new highs 28 and stock prices hitting new lows 20. 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: V gain 2.74, HOD 78.02, LOD 74.76, EOD 76.64; HRS gain 3.72, HOD 43.00, LOD 40.40, EOD 41.66; FAS shed 6.82, HOD 76.25, LOD 69.07, EOD 69.48; RTP shed 11.90, HOD 181.86, LOD 173.70, EOD 174.30; BLK shed 0.28, HOD 227.76, LOD 220.00, EOD 221.62; CME shed 8.48, HOD 319.00, LOD 307.38, EOD 308.02; FSP shed 0.47, HOD 11.67, LOD 11.00, EOD 11.00; VSI no change 0.00, HOD 20.29, LOD 17.95, EOD 17.95; AIG gain 1.32, HOD 36.68, LOD 33.13, EOD 35.33; WHR shed 3.06, HOD 75.10, LOD 71.29, EOD 71.74; SPW shed 6.88, HOD 58.48, LOD 53.08, EOD 53.82.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 429, declined stock prices 2,328, unchanged stock prices 91, stock prices hitting new highs 17 and stock prices hitting new lows 48. 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: ILMN shed 8.29, HOD 35.44, LOD 33.24, EOD 33.37; APOL shed 12.91, HOD 64.95, LOD 58.84, EOD 60.06; PSYS shed 5.47, HOD 20.25, LOD 17.63, EOD 18.67; BIDU gain 13.17, HOD 399.37, LOD 383.36, EOD 396.83; PNRA gain 3.64, HOD 61.00, LOD 58.30, EOD 58.74; AMZN shed 0.43, HOD 125.12, LOD 120.76, EOD 121.64; ISRG shed 10.49, HOD 258.00, LOD 247.10, EOD 247.51; AAPL shed 4.97, HOD 198.02, LOD 191.10, EOD 192.40; FSLR gain 1.36, HOD 154.37, LOD 148.80, EOD 151.58.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 114, declined stock prices 422, unchanged stock prices 25, stock prices hitting new highs 10 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) Dec 09: EOD 1040.00; Change -20.50
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,680.25; Change -39.50
E-mini DOW $5 (YM) Dec 09: EOD 9,719; Change -116
E-mini S&P MidCap 400 (MF) Dec 09: EOD 662.20; Change -22.16
Nikkei 225 (Yen) Dec 09: EOD 9,895; Change -255

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6795 U.S. Dollars 1.4716
Japanese Yen 90.7800 to U.S. Dollars 0.0110
British Pound 0.6105 to U.S. Dollars 1.6379
Canadian Dollar 1.0784 to U.S. Dollars 0.9273
Swiss Franc 1.0263 to U.S. Dollars 0.9744

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 09) shed $2.09, EOD $77.46 per barrel ($US per barrel)
Heating Oil (December 09) shed $0.06, EOD $2.02 a gallon ($US per gallon)
Natural Gas (December 09) shed $0.09, EOD $5.19 per million BTU ($US per mmbtu.)
Unleaded Gas (November 09) shed $0.08, EOD $1.99 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) shed $4.90, EOD $1,030.50 ($US per Troy ounce)
Silver (December 09) shed $0.30, EOD $16.24 ($US per Troy ounce)
Platinum (January 09) shed $12.10, EOD $1,306.90 ($US per Troy ounce)
Copper (December 09) shed $0.07, EOD $2.93 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) gain $0.53, EOD $55.95
Pork Bellies (February 10) shed $1.25, EOD $89.00
Live Cattle (December 09) shed $0.18, EOD $86.93
Feeder Cattle (November 09) shed $0.50, EOD $95.85

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $1.75, EOD $369.00
Soybeans (November 09) shed $6.00, EOD $970.50

BOND MARKET:
2 year EOD 100 3/32, change -1/32, Yield 0.94, Yield change 0.02
5 year EOD 100 4/32, change 4/32, Yield 2.33, Yield change -0.04
10 year EOD 101 20/32, change 6/32, Yield 3.40, Yield change -0.04
30 year EOD 104, change 10/32, Yield 4.25, change -0.02

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