Retail Sales Trend

Daily Market Commentary for December 11, 2009

Retail Sales Trend

Retail sales trends have been better than expected for two straight months, leading analysts to believe sales will be up in December. (Read more at Millennium-Traders.Com)

Economic data released today:

Retail Sales:
U.S. November Retail & Food Sales rose 1.3%; compared to consensus of an increase by 0.7%; U.S. November Retail & Food Sales Ex-Autos rose 1.2%; October Retail & Food Sales Revised to rise 1.1% from an increase by 1.4%.

Import Price Index:
U.S. November Import Prices rose 1.7%; compared to consensus of an increase by 1.4%; U.S. November Non-Petroleum Import Prices rose 0.7%; U.S. November Petroleum Import Prices rose 6.2%.

University of Michigan Consumer Sentiment Index:
Mid-December Sentiment 73.4; November 67.4; Mid-December Current Index 79.1; November 68.8; Mid-December Expectations 69.7; November 66.5; 12-Mo Inflation Forecast rose 2.1%; November rose 2.7%; 5-Year Inflation Forecast rose 2.6%; November rose 3.0%.

Business Inventories:
Business Inventory Increase in October Marks First Since August 2008; U.S. October Business Sales rose 1.1%; U.S. October Business Inventories rose 0.2%; Expected to fall 0.2%; U.S. October Business Inventory/Sales Ratio Dips to 1.30; U.S. October Retail Inventories Unchanged; U.S. October Retail Inventory/Sales Ratio 1.40, down from 1.42.

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 63.86 points, EOD 10,469.69
NYSE (New York Stock Exchange) gain 20.62, EOD 7,125.12
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 1 point, EOD 2,189.86
S&P 500 (SPX) gain 4.15 points, EOD 1,106.50
BEL 20 (BEL20) gain 3.79 points, EOD 2,487.38
CAC 40 (CAC40) gain 5.34 points, EOD 3,803.72
FTSE100 (UKX100) gain 17.2 points, EOD 5,261.57
NIKKEI 225 (NIK/O) triple digit gain 155.77 points, EOD 10,107.87

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,055 declined stock prices 1,044, unchanged stock prices 79, stock prices hitting new highs 218 and stock prices hitting new lows 9. 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: FAS gain 1.33, HOD 72.40, LOD 70.64, EOD 72.29; CBK gain 1.62, HOD 7.96, LOD 6.81, EOD 7.64; ICE gain 3.49, HOD 109.97, LOD 106.50, EOD 109.49; ESI gain 2.42, HOD 91.20, LOD 88.79, EOD 90.94; AIG shed 0.56, HOD 29.09, LOD 27.40, EOD 28.37; POT shed 3.42, HOD 123.05, LOD 118.04, EOD 118.90; MA shed 0.18, HOD 246.00, LOD 243.60, EOD 243.94; CME gain 6.23, HOD 334.65, LOD 328.17, EOD 334.13; BLK gain 1.52, HOD 228.32, LOD 225.23, EOD 226.01; ESI gain 2.42, HOD 91.20, LOD 88.79, EOD 90.94; KGS gain 1.39, HOD 21.04, LOD 20.70, EOD 20.83.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,591, declined stock prices 1,111, unchanged stock prices 150, stock prices hitting new highs 59 and stock prices hitting new lows 24. 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: DEER gain 3.64, HOD 13.12, LOD 11.93, EOD 12.20; WYNN gain 0.19, HOD 63.20, LOD 61.67, EOD 61.99; FFIV gain 2.51, HOD 51.55, LOD 49.87, EOD 50.05; SNSS gain 0.33, HOD 2.43, LOD 1.32, EOD 1.72; SIGA gain 2.08, HOD 7.42, LOD 4.83, EOD 5.24; FSYS gain 3.65, HOD 46.64, LOD 41.44, EOD 41.86; BIDU gain 4.22, HOD 424.97, LOD 417.00, EOD 418.10; SIRO gain 2.62, HOD 32.70, LOD 31.80, EOD 32.31.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 250, declined stock prices 280, unchanged stock prices 35, stock prices hitting new highs 14 and stock prices hitting new lows 3.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Dec 09: EOD 1105.25; Change 3.25
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,789.50; Change -10.50
E-mini DOW $5 (YM) Dec 09: EOD 10,462; Change 60
E-mini S&P MidCap 400 (MF) Mar 10: EOD 702.40; Change 3.40
Nikkei 225 (Yen) Mar 10: EOD 10,080; Change 150

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6838 U.S. Dollars 1.4625
Japanese Yen 89.0600 to U.S. Dollars 0.0112
British Pound 0.6157 to U.S. Dollars 1.6241
Canadian Dollar 1.0597 to U.S. Dollars 0.9437
Swiss Franc 1.0341 to U.S. Dollars 0.9670

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (January 10) shed $0.67, EOD $69.87 per barrel ($US per barrel)
Heating Oil (January 10) gain $0.01, EOD $1.91 a gallon ($US per gallon)
Natural Gas (January 10) shed $0.14, EOD $5.16 per million BTU ($US per mmbtu.)
Unleaded Gas (January 10) gain $0.01, EOD $1.84 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 10) shed $6.30, EOD $1,119.90 ($US per Troy ounce)
Silver (March 10) shed $0.10, EOD $17.09 ($US per Troy ounce)
Platinum (January 10) shed $1.80, EOD $1,422.70 ($US per Troy ounce)
Copper (March 10) gain $0.03, EOD $3.13 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 10) unchanged $0.00, EOD $65.43
Pork Bellies (February 10) gain $1.05, EOD $86.10
Live Cattle (February 10) gain $1.10, EOD $83.28
Feeder Cattle (January 10) gain $0.85, EOD $91.58

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (march 10) gain $11.50, EOD $404.50
Soybeans (January 10) gain $8.00, EOD $1,035.00

BOND MARKET:
2 year EOD 99 28/32, change -2/32, Yield 0.80, Yield change 0.03
5 year EOD 99 14/32, change -7/32, Yield 2.24 Yield change 0.06
10 year EOD 98 19/32, change -11/32, Yield 3.54 Yield change 0.04
30 year EOD 98 2/32, change 7/32, Yield 4.49, change -0.01

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