Alternative Energy

Daily Market Commentary for January 8, 2009 from Millennium-Traders.Com

President-elect Barack Obama held a press conference today and comments included: U.S. will double Alternative Energy Production in 3 years. (read more)

Economic data released today:

Jobless Claims:
U.S. Jobless Claims for week of January 3 fell 24K to 467K compared to survey of an increase by 63K; U.S. Continuing Claims for week of December 27 increased by 101K to 4,611,000; U.S. Jobless Claims Revised for week of December 27 to 491K from 492K; U.S. Initial Jobless Claims lowest since October 11; U.S. Continuing Jobless Claims highest since November 1982.

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) loss of 27.24 points to end the trading session at 8,742.46
NYSE (New York Stock Exchange) gain of 38.09 points to end the trading session at 5,837.14
National Association of Securities Dealers Automated Quotations (NASDAQ) gain of 17.95 points to end the trading session at 1,617.01
S&P 500 (SPX) gain of 3.08 points to end the trading session at 909.73
FTSE All-World Index data excluding U.S. (AW01UK) gain of 0.43 points to end the trading session at 152.19
FTSE RAFI 1000 gain of 16.94 points to end the trading session at 3,504.90
BEL 20 (BEL20) loss of 21.34 points to end the trading session at 1,976.57
CAC 40 (CAC40) loss of 21.76 points to end the trading session at 3,324.33
FTSE100 (UKX100) loss of 2.14 points to end the trading session at 4,505.37
NIKKEI 225 (NIK/O) triple digit loss of 362.82 points at the end the trading session at 8,876.42

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,909, declined stock prices 1,214, unchanged stock prices 79, stock prices hitting new highs 6 and stock prices hitting new lows 12. 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: Devon Energy Corporation (NYSE: DVN) stock price shed 0.7831 points on the trading session, high on the trading session $67.87, low on the trading session $65.43, with a closing stock price at $66.61; EMC Corporation (NYSE: EMC) stock price gained 0.71 points on the trading session, high on the trading session $12.05, low on the trading session $11.45, with a closing stock price at $11.89; Shaw Group Incorporated (NYSE: SGR) stock price gained 5.16 points on the trading session, high on the trading session $27.64, low on the trading session $21.59, with a closing stock price at $27.33; PowerShares DB Crude Oil (NYSE: DTO) stock price gained 1.63 points on the trading session, high on the trading session $158.50, low on the trading session $147.23, with a closing stock price at $148.00; First American Corporation (NYSE: FAF) stock price gained 1.91 points on the trading session, high on the trading session $27.72, low on the trading session $25.54, with a closing stock price at $27.51; Principal Financial Group Incorporation (NYSE: PFG) stock price gained 0.07 points on the trading session, high on the trading session $22.30, low on the trading session $21.06, with a closing stock price at $21.90; Molson Coors Brewing Company (NYSE: TAP) stock price shed 0.90 points on the trading session, high on the trading session $45.44, low on the trading session $42.63, with a closing stock price at $44.14; Target Corporation (NYSE: TGT) stock price gained 0.51 points on the trading session, high on the trading session $38.23, low on the trading session $35.90, with a closing stock price at $37.52.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,667, declined stock prices 1,121, unchanged stock prices 137, stock prices hitting new highs 16 and stock prices hitting new lows 13. 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: Immucor Incorporated (NasdaqGS: BLUD) stock price gained 2.69 points on the trading session, high on the trading session $27.21, low on the trading session $24.89, with a closing stock price at $26.19; Intuitive Surgical Incorporated (NasdaqGS: ISRG) stock price shed 7.33 points on the trading session, high on the trading session $113.20, low on the trading session $99.75, with a closing stock price at $110.55; Sears Holdings Corporation (NasdaqGS: SHLD) stock price gained 9.27 points on the trading session, high on the trading session $50.36, low on the trading session $44.67, with a closing stock price at $49.82; First Solar Incorporated (NasdaqGS: FSLR) stock price gained 6.86 points on the trading session, high on the trading session $157.24, low on the trading session $145.62, with a closing stock price at $155.36; Baidu Incorporated (NasdaqGS: BIDU) stock price shed 2.79 points on the trading session, high on the trading session $126.00, low on the trading session $120.30, with a closing stock price at $124.55.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 365, declined stock prices 219, unchanged stock prices 61, stock prices hitting new highs 5 and stock prices hitting new lows 5.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 09: End of trading session price 906.75; Change for the trading session 1.75
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,249.50; Change for the trading session 9.75
E-mini DOW $5 (YM) Mar 09: End of trading session price 8,699; Change for the trading session -45
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 543.70; Change for the trading session 1.10
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 8,950; Change for the trading session 5

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7298 to U.S. Dollars 1.3703
Japanese Yen 91.070 to U.S. Dollars 0.0110
British Pound 0.6563 to U.S. Dollars 1.5237
Canadian Dollar 1.1802 to U.S. Dollars 0.8473
Swiss Franc 1.0931 to U.S. Dollars 0.9148

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (February 09) shed $0.93 on the trading session for a closing price of $41.70 per barrel ($US per barrel)
Heating Oil (February 09) shed $0.02 on the trading session for a closing price of $1.52 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.31 on the trading session for a closing price of $5.56 per million BTU ($US per mmbtu.)
Unleaded Gas (February 09) gained $0.01 on the trading session for a closing price of $1.09 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 09) gained $12.80 on the trading session for a closing price of $865.00 ($US per Troy ounce)
Silver (March 09) shed $0.01 on the trading session for a closing price of $11.12 ($US per Troy ounce)
Platinum (April 09) gained $4.50 on the trading session for a closing price of $994.60 ($US per Troy ounce)
Copper (March 09) shed $0.03 on the trading session for a closing price of $1.49 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 09) shed 1.13 on the trading session for a closing price of 62.43
Pork Bellies (February 09) shed 1.25 on the trading session for a closing price of 84.65
Live Cattle (February 09) shed 2.63 on the trading session for a closing price of 83.15
Feeder Cattle (March 09) shed 1.03 on the trading session for a closing price of 92.25

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) shed 9.75 on the trading session for a closing price of 406.75
Soybeans (March 09) shed 0.50 on the trading session for a closing price of 989.50

BOND MARKET:

2 year Bond Closing price 100 2/32, change -1/32, Yield 0.82, Yield change 0.01
5 year Bond closing price of 99 18/32, change 11/32, Yield 1.59, Yield change -0.07
10 year Bond closing price 111 10/32, change 15/32, Yield 2.44, Yield change -0.05
30 year Bond closing price 128 1/32, change 6/32, Yield 3.04, Yield change 0.01

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