Stock Market Trend

Daily Market Commentary for April 15, 2010

Stock Market Trend

Analysts believe the latest stock market trend is due for a pause; today's report from the Labor Department helped do just that. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
U.S. April 3 Week Continuing Claims rose 73K to 4, 639,00; U.S. April 3 Week Jobless Claims Unrevised at 460K; U.S. Jobless Claims rose 24K to 484K in Week of April 10; Compared to Survey of a decrease by 15K; Government Cites Administrative Factors and not Economy for Rise.

NY Empire State Manufacturing Index:
New York Federal April Employment 20.25 versus 12.35 in March; New York Federal April New Orders 29.49 versus 25.43 in March; New York Fed's April Mfg Index 31.86 versus 22.86 in March.

TIC Net Long-Term Transactions:
Net Foreign Long Term Securities Purchases $34.1B in February; Net LT Securities Purchases $47.1B in February; Net Foreign Capital Inflow $9.0B in February; Foreigners Net Buyers $48.1B U.S. Treasury Notes, Bonds in February; Foreigners Net Buyers $2.4B of U.S. Agency Debt in February; Foreigners Net Sellers $12.0B of U.S. Corp Bonds in February; Foreigners Net Buyers $12.9B of U.S. Equities in February; China Sells $11.5B of U.S. Treasuries in February, Remains Top Holder.

Capacity Utilization Rate:
U.S. February Capacity use Revised to 73.0% from 72.7%; U.S. March Capacity Utilization rose 0.2-Point at 73.2%; Compared to Consensus 73.3%.

Industrial Production (MoM):
U.S. March Industrial Production rose 0.1%; Compared to Consensus of an increase 0.8%; U.S. February Industrial Production Revised to rise 0.3% from an increase by 0.1%.

Philadelphia Fed Manufacturing Index:
Philadelphia Fed April Business Index 20.2 versus March 18.9; Philadelphia Fed April Business Index Expected 19.5; Philadelphia Fed April Price Paid 42.7 versus March 38.6; Philadelphia Fed April Price Received 1.0 versus March decrease by 0.4; Philadelphia Fed April Employment 7.3 versus March 8.4; Philadelphia Fed April New Orders 13.9 versus March 9.3; Philadelphia Fed April Shipments 5.6 versus March 13.6; Philadelphia Fed April Delivery Times 5.4 versus March 7.9; Philadelphia Fed April Inventories 2.0 versus March decrease by 11.0.

NAHB Housing Market Index:
U.S. NAHB April Housing Index 19 versus 15 in March; NAHB Reading of 19 is Highest Since September 2009.

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 23.96 points, EOD 11,147.07
NYSE (New York Stock Exchange) shed 106.06, EOD 6,972.47
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 10.64 points, EOD 2,515.50
S&P 500 (SPX) shed 0.88 points, EOD 1,211.53
BEL 20 (BEL20) shed 1.54 points, EOD 2,715.16
CAC 40 (CAC40) gain 7.95 points, EOD 4,065.65
FTSE100 (UKX100) gain 28.76 points, EOD 5,825.01
NIKKEI 225 (NIK/O) gain 68.89, EOD 11,273.79

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,470, declined stock prices 1,624, unchanged stock prices 115, stock prices hitting new highs 507 and stock prices hitting new lows 5. 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 shed 1.37, HOD 119.22, LOD 115.60, EOD 116.51; MAC shed 2.88, HOD 40.98, LOD 40.00, EOD 40.85; MGM shed 0.83, HOD 15.36, LOD 14.30, EOD 14.58; YUM gain 1.13, HOD 43.76, LOD 42.25, EOD 42.81; UPS gain 3.47, HOD 69.74, LOD 68.38, EOD 68.92; MON shed 0.10, HOD 66.69, LOD 65.57, EOD 65.63; CME gain 1.65, HOD 324.37, LOD 317.79, EOD 321.12; MEE shed 1.41, HOD 45.60, LOD 43.76, EOD 43.90; PPG gain 0.22, HOD 70.00, LOD 68.23, EOD 69.73.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,561, declined stock prices 1,158, unchanged stock prices 141, stock prices hitting new highs 387 and stock prices hitting new lows 11. 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: ISRG gain 4.06, HOD 393.92, LOD 378.81, EOD 388.01; AMZN gain 1.54, HOD 147.09, LOD 144.00, EOD 145.82; LSTR gain 2.26, HOD 46.23, LOD 44.13, EOD 45.48; AAPL gain 3.23, HOD 249.03, LOD 245.51, EOD 248.92; BIDU gain 11.30, HOD 650.00, LOD 638.23, EOD 648.96; GOOG gain 6.30, HOD 597.84, LOD 588.29, EOD 595.30; SCHW shed 0.05, HOD 19.39, LOD 18.99, EOD 19.30.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 251, declined stock prices 248, unchanged stock prices 34, stock prices hitting new highs 33 and stock prices hitting new lows 1.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1208.00; Change 1.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,036.25; Change 7.75
E-mini DOW $5 (YM) Mar 10: EOD 11,092; Change 27
E-mini S&P MidCap 400 (MF) Mar 10: EOD 828.90; Change 0.60
Nikkei 225 (Yen) Mar 10: EOD 11,270; Change -10

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7369 to U.S. Dollars 1.3600
Japanese Yen 93.0450 to U.S. Dollars 0.0107
British Pound 0.6453 to U.S. Dollars 1.5500
Canadian Dollar 1.0025 to U.S. Dollars 0.9967
Swiss Franc 1.0565 to U.S. Dollars 0.9463

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (May 10) shed $0.33, EOD $85.51 per barrel ($US per barrel)
Heating Oil (May 10) gain $0.01, EOD $2.25 a gallon ($US per gallon)
Natural Gas (May 10) shed $0.21, EOD $3.98 per million BTU ($US per mmbtu.)
Unleaded Gas (May 10) shed $0.00, EOD $2.33 gallon ($US per gallon)

Metals Markets - Comex:
Gold (May 10) gain $0.70, EOD $1,159.70 ($US per Troy ounce)
Silver (May 10) gain $0.02, EOD $18.42 ($US per Troy ounce)
Platinum (May 10) shed $7.90, EOD $1,722.30 ($US per Troy ounce)
Copper (May 10) shed $0.00, EOD $3.60 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (May 10) gain $0.37, EOD $77.80
Pork Bellies (May 10) gain $1.50, EOD $95.55
Live Cattle (May 10) gain $0.87, EOD $98.00
Feeder Cattle (May 10) gain $0.40, EOD $112.25

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) gain $5.25, EOD $363.25
Soybeans (May 10) gain $15.00, EOD $984.00

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