TARP Money

Daily Market Commentary for June 9, 2009

Trading activity was light today, as investors await further news on banks prepared to repay money received from TARP funds. (read more at Millennium-Traders.Com)

Economic data released today:

Wholesale Inventories:
U.S. April Wholesale Inventories down 1.4%, expected to be down 1.2%.

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 1.43 points, EOD 8,763.06
NYSE (New York Stock Exchange) gain 33.01 points, EOD 6,101.57
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 17.73 points, EOD 1,860.13
S&P 500 (SPX) gain 3.29 points, EOD 942.43
BEL 20 (BEL20) gain 10.44 points, EOD 2,056.61
CAC 40 (CAC40) gain 7.07 points, EOD 3,296.73
FTSE100 (UKX100) shed 0.43 points, EOD 4,404.79
NIKKEI 225 (NIK/O) shed 78.81points, EOD 9,786.82

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,843, declined stock prices 1,202, unchanged stock prices 118, stock prices hitting new highs 14 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: TXN gain 1.25 points, HOD $21.27, LOD $20.58, EOD $21.02; KMP shed 1.56 points, HOD $51.16, LOD $50.50, EOD $51.10; RTP gain 5.26 points, HOD $197.33, LOD $190.14, EOD $195.26; SKF shed 0.54 points, HOD $40.15, LOD $39.17, EOD $39.43; PBY gain 0.91 points, HOD $9.46, LOD $8.81, EOD $9.33; MOV gain 2.14 points, HOD $10.48, LOD $8.95, EOD $10.24; NAV gain 2.42 points, HOD $45.79, LOD $40.23, EOD $45.46; DO gain 2.58 points, HOD $92.31, LOD $89.33, EOD $90.99; CME gain 1.33 points, HOD $336.92, LOD $331.52, EOD $332.70; STJ shed 0.41 points, HOD $39.65, LOD $37.90, EOD $39.07.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,641, declined stock prices 1,071, unchanged stock prices 163, stock prices hitting new highs 51 and stock prices hitting new lows 9. 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: AAPL shed 1.43 points, HOD $144.56, LOD $140.55, EOD $142.42; FSLR shed 0.98 points, HOD $185.72, LOD $182.40, EOD $182.99; BIDU gain 5.15 points, HOD $310.25, LOD $302, EOD $309.05; RIMM gain 0.13 points, HOD $83.59, LOD $81.55, EOD $82.08.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 318, declined stock prices 232, unchanged stock prices 58, stock prices hitting new highs 15 and stock prices hitting new lows 3.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) June 09: EOD 939.50; Change 0.75
E-mini NASDAQ-100 (NQ) June 09: EOD 1,500.75; Change 10.25
E-mini DOW $5 (YM) June 09: EOD 8,742; Change -17
E-mini S&P MidCap 400 (MF) June 09: EOD 596.50; Change 4.90
Nikkei 225 (Yen) June 09; EOD 9,820; Change -40

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7110 to U.S. Dollars 1.4065
Japanese Yen 97.39 to U.S. Dollars 0.0103
British Pound 0.6129 to U.S. Dollars 1.6316
Canadian Dollar 1.1043 to U.S. Dollars 0.9056
Swiss Franc 1.0782 to U.S. Dollars 0.9275

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (July 09) gain $1.92, EOD $70.01 per barrel ($US per barrel)
Heating Oil (July 09) gain $0.04, EOD $1.81 a gallon ($US per gallon)
Natural Gas (July 09) no change, EOD $3.73 per million BTU ($US per mmbtu.)
Unleaded Gas (June 09) gain $0.03, EOD $1.97 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (August 09) gain $2.20 EOD $954.70 ($US per Troy ounce)
Silver (July 09) gain $0.19, EOD $15.14 ($US per Troy ounce)
Platinum (July 09) gain $13.90, EOD $1,257.90 ($US per Troy ounce)
Copper (July 09) gain $0.11, EOD $2.37 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (July 09) shed 0.75, EOD 58.75
Pork Bellies (July 09) shed 3, EOD 58.90
Live Cattle (August 09) gain 1.10, EOD 81.73
Feeder Cattle (August 09) gain 0.48, EOD 96.33

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 09) gain 8.25, EOD 466.25
Soybeans (July 09) gain 11, EOD 1,243.50

BOND MARKET:
2 year EOD 99 5/32, change 7/32, Yield 1.31, Yield change -0.10
5 year EOD 97 5/32 10/32, change 9/32, Yield 2.86, Yield change -0.06
10 year EOD 93 30/32, change 4/32, Yield 3.86, Yield change -0.02
30 year EOD 93 12/32, change -24/32, Yield 4.64, change 0.03

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