Stress Test Results

Daily Market Commentary for May 6, 2009

Trading action was very whip-o-tile ahead of the stress test results from the government tomorrow. (read more at Millennium-Traders.Com)

Economic data released for today:

ADP Employment Report:
ADP sees April U.S. Private Sector Jobs down 491,000; ADP April U.S. Private Sector Jobs expected to be lower by 650,000.

EIA (Energy Information Administration) Petroleum Status Report:
U.S. Refineries ran at 85.3% capacity was seen at increase by 0.1 point at 82.8%; U.S. Distillate Stockpiles rose by 2.4 Million Barrels in the week was seen rising by 1.2 Million Barrels; U.S. Gasoline Stockpiles fell by 200,000 Barrels in the week was seen rising by 100,000 Barrels; U.S. Crude Oil Stockpiles rose by 600,000 Barrels in the week was seen rising by 2.1 Million Barrels; U.S. Refineries ran at 85.3% capacity versus 82.7% a week ago; U.S. Distillate Stockpiles rose by 2.4 Million Barrels at 146.5 Million Barrels; U.S. Gasoline Stockpiles fell by 0.2 Million Barrels at 212.4 Million Barrels; U.S. Crude Oil Stockpiles rose by 0.6 Million Barrels at 375.3 Million Barrels.

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) triple digit gain 101.55 points, EOD 8,512.20
NYSE (New York Stock Exchange) triple digit gain 119.79 points, EOD 5,890.55
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 4.98 points, EOD 1,759.10
S&P 500 (SPX) gain 15.73 points, EOD 919.53
BEL 20 (BEL20) gain 55.28 points, EOD 2,024.90
CAC 40 (CAC40) gain 58.51 points, EOD 3,283.51
FTSE100 (UKX100) gain 59.55 points, EOD 4,396.49
NIKKEI 225 (NIK/O) unchanged, EOD 8,977.37

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,845, declined stock prices 831, unchanged stock prices 508, stock prices hitting new highs 15 and stock prices hitting new lows 10. 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: HRS: shed 2.58 points, HOD $31.72, LOD $28.96, EOD $29.60; ANR: gain 4.66 points, HOD $30.85, LOD $27.20, EOD $29.98; ICE: shed 4.22 points, HOD $101.64, LOD $94.76, EOD $97.78; BAC: gain 1.85 points, HOD $12.85, LOD $11.51, EOD $12.69; PLT: gain 3.45 points, HOD $17.18, LOD $15.04, EOD $17.02; CLH: gain 5.47 points, HOD $55.64, LOD $48.08, EOD $55.28; CRL: gain 0.30 points, HOD $30.48, LOD $27.67, EOD $28.13; SKF: shed 6.19 points, HOD $47.49, LOD $42.30, EOD $43; LNC: gain 3.86 points, HOD $16.20, LOD $13.03, EOD $15.57; DVN: gain 6.53 points, HOD $61.53, LOD $57.07, EOD $61.01; CME: gain 0.33 points, HOD $254, LOD $240.57, EOD $247.59; APA: gain 3.21 points, HOD $83.35, LOD $80.40, EOD $82.55.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,556, declined stock prices 1,217, unchanged stock prices 144, stock prices hitting new highs 26 and stock prices hitting new lows 10. 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: ERTS: shed 0.99 points, HOD $22.02, LOD $19.87, EOD $20.39; GRMN: shed 3.56 points, HOD $23.86, LOD $21.31, EOD $22.10; FSLR: gain 7.29 points, HOD $200.46, LOD $194.13, EOD $199.50; BIDU: gain 2.80 points, HOD $257.01, LOD $247.80, EOD $252.60.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 343, declined stock prices 185, unchanged stock prices 98, stock prices hitting new highs 9 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) June 09: EOD 917; Change 14
E-mini NASDAQ-100 (NQ) June 09: EOD 1,428; Change 2.50
E-mini DOW $5 (YM) June 09: EOD 8,471; Change 93
E-mini S&P MidCap 400 (MF) June 09: EOD 581.10; Change 4
Nikkei 225 (Yen) June 09; EOD 9,425; Change 110

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7498 to U.S. Dollars 1.3337
Japanese Yen 98.27 to U.S. Dollars 0.0102
British Pound 0.6601 to U.S. Dollars 1.5149
Canadian Dollar 1.1659 to U.S. Dollars 0.8577
Swiss Franc 1.1310 to U.S. Dollars 0.8842

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (June 09) gain $2.50, EOD $56.19 per barrel ($US per barrel)
Heating Oil (June 09) gain $0.05, EOD $1.47 a gallon ($US per gallon)
Natural Gas (June 09) gain $0.27, EOD $3.87 per million BTU ($US per mmbtu.)
Unleaded Gas (May 09) gain $0.06, EOD $1.63 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 09) gain $6.70, EOD $911 ($US per Troy ounce)
Silver (July 09) gain $0.29, EOD $13.71 ($US per Troy ounce)
Platinum (July 09) gain $5.20, EOD $1,143.10 ($US per Troy ounce)
Copper (July 09) gain $0.10, EOD $2.19 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) gain 2.30, EOD 67.10
Pork Bellies (July 09) gain 1.60, EOD 81.40
Live Cattle (June 09) shed 0.25, EOD 81.88
Feeder Cattle (August 09) gain 0.23, EOD 99

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 09) gain 2.25, EOD 407.50
Soybeans (July 09) gain 17, EOD 1,118

BOND MARKET:
2 year EOD 99 26/32, change 0, Yield 0.96, Yield change 0.00
5 year EOD 99 5/32, change 0, Yield 2.05, Yield change 0.01
10 year EOD 96 21/32, change 2/32, Yield 3.14, Yield change 0.01
30 year EOD 89 31/32, change -11/32, Yield 4.08, Yield change 0.02

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thanks for the tips