Bank of America quarterly Loss

Daily Market Commentary for January 20, 2010

Bank of America quarterly Loss

Bank of America quarterly loss for the fourth quarter was worse than analysts expected. (Read more at Millennium-Traders.Com)Visit My Websitehttp://www.millennium-traders.com/news/marketcommentaryjanuary2010.aspx

Economic data released today:

MBA [Mortgage Bankers Association] Mortgage Applications:
U.S. MBA Refinance Index rose 10.7% at 2,663.8; Last Week 2,407.2; U.S. MBA Purchase Index rose 4.4% at 223; Last Week 213.7; U.S. MBA Market Index rose 9.1% at 575.9; Last Week 528.1.

Redbook:
U.S. Retail Sales First 2 Weeks of January fell 1.3% versus December; U.S. Retail Sales First 2 Weeks of January rose 1.1% versus January a Year-Ago; U.S. Retail Sales rose 0.9% Week Ended January 16 versus Year Ago.

Building Permits:
Building Permits rose 10.9% to 653K Rate in December.

PPI:
U.S. December Producer Prices rose 0.2%; Compared to Consensus of unchanged%; U.S. December PPI Ex-Food & Energy unchanged%; Compared to Consensus of an increase by 0.1%.

Housing Starts:
November Housing Starts Revised to a rise by 10.7% from an increase by 8.9%; U.S. December Housing Starts fell 4.0% to 557K; Compared to Consensus of a decrease by 0.2%.

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 114.73 points, EOD 10,724.38
NYSE (New York Stock Exchange) shed 113.85, EOD 7,329.83
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 28.03 points, EOD 2,292.37
S&P 500 (SPX) shed 12.31 points, EOD 1,137.92
BEL 20 (BEL20) shed 74.96 points, EOD 2,516.68
CAC 40 (CAC40) shed 116.19 points, EOD 3,928.95
FTSE100 (UKX100) shed 92.34 points, EOD 5,420.80
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 820 declined stock prices 2,275, unchanged stock prices 89, stock prices hitting new highs 153 and stock prices hitting new lows 7. 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 shed 10.68, HOD 229.61, LOD 225.05, EOD 229.12; WFC shed 0.46, HOD 28.61, LOD 27.70, EOD 27.82; CSX shed 3.16, HOD 48.12, LOD 46.37, EOD 47.35; IOC gain 8.56, HOD 81.67, LOD 72.82, EOD 81.38; FAS shed 0.34, HOD 84.40, LOD 80.77, EOD 83.47; CME shed 8.20, HOD 335.99, LOD 328.21, EOD 329.99; IOC gain 8.56, HOD 81.67, LOD 72.82, EOD 81.38; EDC shed 8.51, HOD 139.76, LOD 132.89, EOD 136.76; SPW shed 2.94, HOD 59.01, LOD 57.00, EOD 58.43; CMP shed 2.65, HOD 71.41, LOD 68.09, EOD 69.59; MTB gain 2.99, HOD 78.32, LOD 73.65, EOD 77.69.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 758, declined stock prices 1,981, unchanged stock prices 101, stock prices hitting new highs 83 and stock prices hitting new lows 15. 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: CREE gain 9.38, HOD 63.95, LOD 60.12, EOD 63.59; PPDI shed 0.58, HOD 23.13, LOD 22.21, EOD 22.95; BIDU shed 1.17, HOD 447.29, LOD 433.38, EOD 439.67; AAPL shed 3.31, HOD 215.55, LOD 209.50, EOD 211.72; ISRG shed 1.82, HOD 312.54, LOD 302.89, EOD 308.99; WYNN shed 3.16, HOD 70.72, LOD 67.20, EOD 68.16; FSLR shed 4.43, HOD 122.00, LOD 118.25, EOD 119.50; TRGL gain 0.82, HOD 11.24, LOD 9.12, EOD 10.60; PCLN shed 2.39, HOD 211.50, LOD 203.09, EOD 206.31; CETV gain 1.71, HOD 28.51, LOD 27.49, EOD 28.51; JAZZ gain 1.12, HOD 11.24, LOD 9.80, EOD 11.00; RMBS gain 3.37, HOD 24.69, LOD 23.08, EOD 24.50.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 167, declined stock prices 341, unchanged stock prices 49, stock prices hitting new highs 16 and stock prices hitting new lows 4.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1135.25; Change -10.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,866.75; Change -23.00
E-mini DOW $5 (YM) Mar 10: EOD 10,565; Change -105
E-mini S&P MidCap 400 (MF) Mar 10: EOD 746.20; Change -3.20
Nikkei 225 (Yen) Mar 10: EOD 10,650; Change -210

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7091 U.S. Dollars 1.4102
Japanese Yen 91.2000 to U.S. Dollars 0.0110
British Pound 0.6142 to U.S. Dollars 1.6282
Canadian Dollar 1.0469 to U.S. Dollars 0.9552
Swiss Franc 1.0441 to U.S. Dollars 0.9578

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (February 10) shed $1.87, EOD $77.62 per barrel ($US per barrel)
Heating Oil (March 10) shed $0.02, EOD $2.03 a gallon ($US per gallon)
Natural Gas (March 10) shed $0.06, EOD $5.47 per million BTU ($US per mmbtu.)
Unleaded Gas (February 10) shed $0.01 EOD $2.05 gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 10) shed $27.00, EOD $1,113.00 ($US per Troy ounce)
Silver (March 10) shed $0.92, EOD $17.88 ($US per Troy ounce)
Platinum (April 10) shed $12.40, EOD $1,627.00 ($US per Troy ounce)
Copper (March 10) shed $0.09, EOD $3.36 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 10) shed $0.65, EOD $73.38
Pork Bellies (February 10) shed $1.20, EOD $89.05
Live Cattle (April 10) shed $0.05, EOD $91.13
Feeder Cattle (March 10) gain $0.20, EOD $99.88

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (march 10) shed $1.25, EOD $368.00
Soybeans (January 10) shed $13.50, EOD $950.00

BOND MARKET:
2 year EOD 100 7/32, change 1/32, Yield 0.87, Yield change -0.02
5 year EOD 100 30/32, change 4/32, Yield 2.42 Yield change -0.02
10 year EOD 97 22/32, change 11/32, Yield 3.65 Yield change -0.04
30 year EOD 96 9/32, change 24/32, Yield 4.54, change -0.04

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