Housing Starts Data

Daily Market Commentary for November 18, 2009

Housing Starts Data

Commerce Department released this month’s housing starts data today, stocks fell when the report was released. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA Mortgage Applications:
U.S. MBA Refinance Index fell 1.4% at 2955.4; Last Week 2998.2; U.S. MBA Purchase Index fell 4.7% at 210.6; Last Week 220.9; U.S. MBA Market Index fell 2.5% at 611.7; Last Week 627.5.

Building Permits:
Building Permits fell 4.0% to 552,000 Rate in October.

Housing Starts:
U.S. October Housing Starts fell 10.6% to 529,000 ; compared to consensus of an increase by 1.7%; Sharp drop carries U.S. housing starts to lowest in six months; Single-Family Starts, Apartment Construction both fall in October; September Housing Starts Revised to rise 1.9% from an increase by 0.5%.

CPI [Consumer Price Index]:
U.S. October CPI Unrounded rose 0.275%; Core rose 0.182%; U.S. October CPI Energy Prices rose 1.5%; Food Prices rose 0.1%; U.S. October Consumer Prices rose 0.3%; compared to consensus of an increase by 0.2%; U.S. October CPI Ex-Food & Energy rose 0.2%; compared to consensus of an increase by 0.1%; U.S. Real Average Weekly Earnings fell 0.1% in October.

Crude Oil Inventories from Department of Energy:
U.S. Crude Oil Stockpiles -0.887 Million Barrels at 336.789 Million Barrels; U.S. Crude Oil Stockpiles -0.887 Million Barrels in Week; Was Seen decreasing by 0.6 Million Barrels; U.S. Gasoline Stockpiles -1.755 Million Barrels at 209.082 Million Barrels; U.S. Gasoline Stockpiles -1.755 Million Barrels in Week; Was Seen increasing by 0.1 Million Barrels; U.S. Distillate Stockpiles -0.328 Million Barrels at 167.397 Million Barrels; U.S. Distillate Stockpiles -0.328 Million Barrels in Week; Was Seen decreasing by 0.5 Million Barrels; U.S. Refineries Ran at 79.44% capacity versus 79.93% Week Ago; U.S. Refineries Ran at 79.44% capacity; Was Seen at 79.80%.

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 13.61 points, EOD 10,423.81
NYSE (New York Stock Exchange) shed 7.35, EOD 7,226.71
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 10.9 points, EOD 2,192.88
S&P 500 (SPX) shed 0.74 points, EOD 1,109.58
BEL 20 (BEL20) shed 9.08 points, EOD 2,525.44
CAC 40 (CAC40) shed 26.58 points, EOD 3,828.16
FTSE100 (UKX100) shed 3.8 points, EOD 5,342.13
NIKKEI 225 (NIK/O) shed 53.13 points, EOD 9,676.80

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,422 declined stock prices 1,668, unchanged stock prices 98, stock prices hitting new highs 176 and stock prices hitting new lows 3. 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: TGT shed 0.73, HOD 48.26, LOD 47.72, EOD 47.87; FAS gain 1.58, HOD 80.84, LOD 78.50, EOD 80.54; CRM shed 2.00, HOD 64.49, LOD 61.78, EOD 63.61; ICE gain 0.13, HOD 109.75, LOD 108.50, EOD 109.40; NUE shed 0.31, HOD 42.88, LOD 41.37, EOD 41.92; POT gain 3.19, HOD 115.52, LOD 112.15, EOD 113.79; MA shed 3.72, HOD 231.93, LOD 225.91, EOD 227.28; MON gain 2.65, HOD 80.33, LOD 78.15, EOD 79.98.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,077, declined stock prices 1,649, unchanged stock prices 135, stock prices hitting new highs 86 and stock prices hitting new lows 19. 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: VVUS gain 0.20, HOD 9.60, LOD 8.56, EOD 8.77; FSLR gain 0.68, HOD 127.99, LOD 123.10, EOD 124.67; ADSK shed 2.80, HOD 25.30, LOD 23.86, EOD 24.20; CNQR shed 3.84, HOD 37.55, LOD 36.12, EOD 37.24; BIDU shed 6.38, HOD 440.99, LOD 431.18, EOD 435.12; ISRG shed 1.95, HOD 283.00, LOD 276.37, EOD 279.63; CERN shed 2.66, HOD 79.93, LOD 77.34, EOD 77.40; NLST gain 0.73, HOD 5.39, LOD 4.22, EOD 4.83; VPRT shed 3.63, HOD 54.32, LOD 49.52, EOD 50.83; PCLN gain 0.39, HOD 210.40, LOD 207.00, EOD 209.68; DRYS gain 0.08, HOD 7.30, LOD 6.78, EOD 7.13.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 276, declined stock prices 244, unchanged stock prices 49, stock prices hitting new highs 19 and stock prices hitting new lows 5.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Dec 09: EOD 1107.00; Change -0.50
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,799.75; Change -9.00
E-mini DOW $5 (YM) Dec 09: EOD 10,393; Change -5
E-mini S&P MidCap 400 (MF) Dec 09: EOD 705.20; Change -2.00
Nikkei 225 (Yen) Dec 09: EOD 9,665; Change -95

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6685 U.S. Dollars 1.4959
Japanese Yen 89.3700 to U.S. Dollars 0.0112
British Pound 0.5973 to U.S. Dollars 1.6743
Canadian Dollar 1.0547 to U.S. Dollars 0.9481
Swiss Franc 1.0099 to U.S. Dollars 0.9920

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 09) gain $0.44, EOD $79.58 per barrel ($US per barrel)
Heating Oil (December 09) shed $0.01, EOD $2.09 a gallon ($US per gallon)
Natural Gas (December 09) shed $0.25, EOD $4.66 per million BTU ($US per mmbtu.)
Unleaded Gas (December 09) gain $0.01, EOD $2.01 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $1.90, EOD $1,141.30 ($US per Troy ounce)
Silver (December 09) gain $0.03, EOD $18.42 ($US per Troy ounce)
Platinum (January 09) shed $10.50, EOD $1,452.00 ($US per Troy ounce)
Copper (December 09) gain $0.01, EOD $3.15 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) gain $0.25, EOD $64.23
Pork Bellies (February 10) gain $0.05, EOD $88.65
Live Cattle (December 09) shed $0.68, EOD $84.98
Feeder Cattle (January 10) shed $1.05, EOD $91.73

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $3.75, EOD $413.75
Soybeans (January 10) shed $2.50, EOD $1,027.00

BOND MARKET:
2 year EOD 100 15/32, change 1/32, Yield 0.74, Yield change -0.01
5 year EOD 100 27/32, change -4/32, Yield 2.19, Yield change 0.03
10 year EOD 100 2/32, change -11/32, Yield 3.36, Yield change 0.04
30 year EOD 101 9/32, change -27/32, Yield 4.29, change 0.05

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