Obama Tax Plan

Daily Market Commentary for December 20, 2010

Obama Tax Plan

Stocks started the morning off with modest gains following the approval of the Obama tax plan on. (Read more at Millennium-Traders.Com)

Economic data released today: N/A

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 13.55 points, EOD 11,478.36
NYSE (New York Stock Exchange) shed 12.17, EOD 7,847.48
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 6.62 points, EOD 2,649.59
S&P 500 (SPX) gain 3.35 points, EOD 1,247.26
BEL 20 (BEL20) gain 18.26 points, EOD 2,614.85
CAC 40 (CAC40) gain 17.73 points, EOD 3,885.08
FTSE100 (UKX100) gain 19.86 points, EOD 5,891.61
NIKKEI 225 (NIK/O) shed 87.42 points, EOD 10,216.41

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,588, declined stock prices 1,500, unchanged stock prices 77, stock prices hitting new highs 205 and stock prices hitting new lows 27. 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: AGQ gain 2.38, HOD 145.56, LOD 138.30, EOD 144.45; MA gain 2.74, HOD 224.25, LOD 221.01, EOD 224.23; SLE gain 0.39, HOD 17.72, LOD 16.82, EOD 17.66; CRM shed 2.05, HOD 137.00, LOD 132.01, EOD 134.35.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,310, declined stock prices 1,402, unchanged stock prices 114, stock prices hitting new highs 230 and stock prices hitting new lows 36. 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: ITMN gain 0.92, HOD 38.25, LOD 35.20, EOD 35.80; NFLX shed 1.85, HOD 181.05, LOD 176.54, EOD 178.17; BIDU gain 0.03, HOD 99.20, LOD 94.33, EOD 98.77; PCLN gain 5.37, HOD 408.20, LOD 392.90, EOD 405.97.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 200, declined stock prices 283, unchanged stock prices 35, stock prices hitting new highs 23 and stock prices hitting new lows 23.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1242.25; Change 3.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,222.25; Change 9.00
E-mini DOW $5 (YM) Mar 10: EOD 11,417; Change -13
Nikkei 225 (Yen) Mar 10: EOD 10,250; Change -50

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7620 to U.S. Dollars 1.3100
Japanese Yen 83.7650 to U.S. Dollars 0.0119
British Pound 0.6446 to U.S. Dollars 1.55
Canadian Dollar 1.0174 to U.S. Dollars 0.9831
Swiss Franc 0.9654 to U.S. Dollars 1.04

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (January 11) gain $0.79, EOD $88.81 per barrel ($US per barrel)
Heating Oil (January 11) gain $0.01, EOD $2.49 a gallon ($US per gallon)
Natural Gas (January 11) gain $0.03, EOD $4.08 per million BTU ($US per mmbtu.)
Unleaded Gas (January 11) gain $0.06, EOD $2.38 gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 11) gain $6.90, EOD $1,386.10 ($US per Troy ounce)
Silver (March 11) gain $0.22, EOD $29.36 ($US per Troy ounce)
Platinum (January 11) gain $12.20, EOD $1,710.70 ($US per Troy ounce)
Copper (March 11) gain $0.04, EOD $4.21 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 11) gain $0.12, EOD $76.08
Pork Bellies (February 11) unchanged, EOD $106.00
Live Cattle (February 11) gain $0.72, EOD $105.22
Feeder Cattle (March 11) gain $2.22, EOD $122.17

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain $3.00, EOD $599.50
Soybeans (March 11) gain $16.50, EOD $1,327.00

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