Highest Foreclosure Rate

Daily Market Commentary for January 14, 2010

Highest Foreclosure Rate

RealtyTrac reported the highest foreclosure rate of 2009 this morning. (Read more at Millennium-Traders.Com)

Economic data released today:

Retail Sales:
U.S. December Retail & Food Sales fell 0.3%; compared to consensus of an increase by 0.5%; U.S. December Retail & Food Sales Ex-Autos fell 0.2%; November Retail & Food Sales Revised to rise 1.8% from an increase by 1.3%.

Initial Jobless Claims:
U.S. Jobless Claims for week of January 9 rose 11K to 444K; compared to survey of a decrease by 4K; U.S. Continuing Claims for week of January 2 fell 211K to 4,596,000; U.S. Jobless Claims Revised for week of January 2 to 433K from 434K.

Import Price Index:
U.S. December Import Prices remain unchanged; compared to consensus of an increase by 0.1%; U.S. December Non-Petroleum Import Prices rose 0.5%; U.S. December Petroleum Import Prices fell 2.0%.

Business Inventories:
U.S. November Business Inventories rose 0.4%; was expected to increase by 0.3%; November Inventory/Sales Ratio 1.28, Down from 1.30 in October.

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 29.55 points, EOD 10,710.32
NYSE (New York Stock Exchange) gain 18.42, EOD 7,448.56
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 8.84 points, EOD 2,316.74
S&P 500 (SPX) gain 2.76 points, EOD 1,148.44
BEL 20 (BEL20) gain 0.96 points, EOD 2,591.64
CAC 40 (CAC40) gain 20.34 points, EOD 4,045.14
FTSE100 (UKX100) gain 24.72 points, EOD 5,498.20
NIKKEI 225 (NIK/O) gain 29.29 points, EOD 10,796.64

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,739 declined stock prices 1,332, unchanged stock prices 129, stock prices hitting new highs 296 and stock prices hitting new lows 4. 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: RTP gain 3.92, HOD 239.00, LOD 235.17, EOD 237.86; IPI shed 0.95, HOD 32.15, LOD 31.05, EOD 31.33; CME shed 1.48, HOD 344.23, LOD 339.99, EOD 341.75; FAS gain 1.15, HOD 86.13, LOD 83.00, EOD 85.42; CLC gain 1.30, HOD 35.35, LOD 33.50, EOD 35.25; CMG gain 3.78, HOD 99.71, LOD 96.86, EOD 99.42; MED shed 4.01, HOD 25.22, LOD 21.81, EOD 22.99; TSL shed 6.96, HOD 60.68, LOD 51.67, EOD 52.22.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,583, declined stock prices 1,116, unchanged stock prices 126, stock prices hitting new highs 155 and stock prices hitting new lows 2. 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: BIDU gain 24.75, HOD 467.95, LOD 434.35, EOD 464.23; AONE gain 0.35, HOD 22.65, LOD 20.35, EOD 20.40; FSLR shed 7.28, HOD 136.23, LOD 124.72, EOD 124.84; WATG gain 0.48, HOD 13.49, LOD 13.00, EOD 13.14; GOOG gain 2.76, HOD 594.20, LOD 582.81, EOD 589.85; PCLN shed 5.53, HOD 214.73, LOD 206.01, EOD 208.77; WATG gain 0.48, HOD 13.49, LOD 13.00, EOD 13.14; ARST gain 1.16, HOD 27.95, LOD 26.41, EOD 26.99; CPKI gain 0.43, HOD 14.59, LOD 12.93, EOD 14.33; AAPL shed 1.22, HOD 210.46, LOD 209.02, EOD 209.43.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 278, declined stock prices 225, unchanged stock prices 59, stock prices hitting new highs 21 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) Mar 10: EOD 1145.50; Change 4.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,886.00; Change 3.50
E-mini DOW $5 (YM) Mar 10: EOD 10,660; Change 32
E-mini S&P MidCap 400 (MF) Mar 10: EOD 750.90; Change 2.00
Nikkei 225 (Yen) Mar 10: EOD 10,905; Change 110

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6897 U.S. Dollars 1.4499
Japanese Yen 91.0400 to U.S. Dollars 0.0110
British Pound 0.6126 to U.S. Dollars 1.6325
Canadian Dollar 1.0232 to U.S. Dollars 0.9773
Swiss Franc 1.0185 to U.S. Dollars 0.9818

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (January 10) shed $0.26, EOD $79.39 per barrel ($US per barrel)
Heating Oil (February 10) shed $0.01, EOD $2.08 a gallon ($US per gallon)
Natural Gas (March 10) shed $0.16, EOD $5.55 per million BTU ($US per mmbtu.)
Unleaded Gas (January 10) gain $0.01, EOD $2.07 gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 10) gain $7.20, EOD $1,144.00 ($US per Troy ounce)
Silver (March 10) gain $0.09, EOD $18.64 ($US per Troy ounce)
Platinum (April 10) gain $36.90, EOD $1,611.30 ($US per Troy ounce)
Copper (March 10) unchanged $0.00, EOD $3.40 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 10) shed $0.58, EOD $72.75
Pork Bellies (February 10) gain $0.73, EOD $89.55
Live Cattle (February 10) gain $0.85, EOD $90.55
Feeder Cattle (March 10) gain $0.38, EOD $97.95

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (march 10) shed $3.00, EOD $381.00
Soybeans (January 10) shed $8.50, EOD $984.00

BOND MARKET:
2 year EOD 100 5/32, change 3/32, Yield 0.91, Yield change -0.05
5 year EOD 100 21/32, change 8/32, Yield 2.48 Yield change -0.05
10 year EOD 97 3/32, change 16/32, Yield 3.72 Yield change -0.07
30 year EOD 95 31/32, change 1 12/32, Yield 4.62, 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 Market News 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