Wall Street Firms

Daily Market Commentary for May 13, 2010

Wall Street Firms

Wall Street firms are still under fire from prosecutors over the SEC suit filed against them. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
U.S. Week of May 1 Jobless Claims Revised to 448K from 444K; U.S. Week May 1 Continuing Claims rose 12K to 4,627,000; U.S. Jobless Claims fell 4K to 444K in Week of May 8; Compared to Survey of a decrease by 4K.

Import Price Index (MoM):
U.S. April Import Prices rose 0.9%; Compared to Consensus of an increase by 0.9%; U.S. April Non-Petroleum Import Prices rose 0.3%; U.S. April Petroleum Import Prices rose 3.3%.

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 113.94 points, EOD 10,782.95
NYSE (New York Stock Exchange) shed 82.00, EOD 7,234.36
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 30.38 points, EOD 2,394.64
S&P 500 (SPX) shed 13.33 points, EOD 1,158.34
BEL 20 (BEL20) shed 5.51 points, EOD 3,731.54
CAC 40 (CAC40) shed 2.33 points, EOD 3,731.54
FTSE100 (UKX100) gain 50.28 points, EOD 5,433.73
NIKKEI 225 (NIK/O) triple digit gain 226.52, EOD 10,620.55

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,099, declined stock prices 2,025, unchanged stock prices 96, stock prices hitting new highs 111 and stock prices hitting new lows 8. 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: PBH shed 1.89, HOD 9.12, LOD 7.95, EOD 8.00; MA shed 0.16, HOD 239.92, LOD 230.56, EOD 232.46; RIG shed 1.45, HOD 69.10, LOD 66.56, EOD 66.69; GS shed 2.55, HOD 148.45, LOD 144.42, EOD 144.65; EOG shed 0.30, HOD 110.11, LOD 107.60, EOD 108.08; CME shed 5.40, HOD 330.28, LOD 323.85, EOD 323.85; RTP shed 0.11, HOD 50.00, LOD 48.88, EOD 49.06; KSS shed 3.34, HOD 56.64, LOD 53.61, EOD 53.81; SVM shed 0.60, HOD 8.97, LOD 8.34, EOD 8.36.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 998, declined stock prices 1,741, unchanged stock prices 111, stock prices hitting new highs 124 and stock prices hitting new lows 16. 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 shed 2.57, HOD 82.29, LOD 75.00, EOD 75.64; AAPL shed 3.73, HOD 265.00, LOD 256.40, EOD 258.36; GOOG gain 5.49, HOD 522.00, LOD 510.37, EOD 510.88; BIDU shed 2.57, HOD 82.29, LOD 75.00, EOD 75.64; WFMI gain 2.25, HOD 43.18, LOD 42.16, EOD 42.50; AMSC gain 1.53, HOD 31.69, LOD 30.20, EOD 30.77; DRYS shed 0.19, HOD 5.62, LOD 5.35, EOD 5.41.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 198, declined stock prices 274, unchanged stock prices 47, stock prices hitting new highs 16 and stock prices hitting new lows 2.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1156.00; Change -13.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,944.75; Change -28.00
E-mini DOW $5 (YM) Mar 10: EOD 10,763; Change -113
E-mini S&P MidCap 400 (MF) Mar 10: EOD 807.80; Change -5.80
Nikkei 225 (Yen) Mar 10: EOD 10,480; Change -55

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7974 to U.S. Dollars 1.2500
Japanese Yen 92.7850 to U.S. Dollars 0.0107
British Pound 0.6839 to U.S. Dollars 1.4600
Canadian Dollar 1.0170 to U.S. Dollars 0.9802
Swiss Franc 1.1173 to U.S. Dollars 0.8950

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (June 10) shed $1.25 EOD $74.40 per barrel ($US per barrel)
Heating Oil (June 10) sheD $0.02, EOD $2.13 a gallon ($US per gallon)
Natural Gas (June 10) gain $0.55, EOD $4.34 per million BTU ($US per mmbtu.)
Unleaded Gas (June 10) shed $0.01, EOD $2.20 gallon ($US per gallon)

Metals Markets - Comex:
Gold (May 10) shed $13.90, EOD $1,228.80 ($US per Troy ounce)
Silver (May 10) shed $0.16, EOD $19.48 ($US per Troy ounce)
Platinum (May 10) shed $7.90, EOD $1,737.40 ($US per Troy ounce)
Copper (May 10) gain $0.04, EOD $3.22 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (May 10) shed $0.02, EOD $88.42
Pork Bellies (May 10) gain $3.00, EOD $105.00
Live Cattle (June 10) shed $0.12 EOD $95.58
Feeder Cattle (May 10) gain $0.22, EOD $111.73

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) shed $5.25, EOD $366.50
Soybeans (May 10) gain $1.00, EOD $960.50

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