American Airlines

Daily Market Commentary for September 17, 2009

American Airlines

American Airlines parent AMR Corp announced Thursday they have managed to come up with $2.9 billion in extra financing to revamp planes and fly more profitable routes, news from the group sent shares soaring by nearly 24%. (read more at Millennium-Traders.Com)

Economic data released today:

Building Permits:
Building Permits rose 2.7% to 579,000 rate in August.

Initial Jobless Claims:
U.S. Jobless Claims fell 12K to 545K in week of September 12 compared to survey of an increase by 13K; U.S. Continuing Claims for week of Sep 5 rose 129K to 6,230,000; U.S. Jobless Claims Revised for week of Sep 5 to 557K from 550K.

Housing Starts:
U.S. August Housing Starts rose 1.5% to 598,000 compared to Consensus of an increase by 3.3%; August apartment construction surges; Single-Family Starts fell 3.0%; July Housing Starts Revised to fall 0.2% from a drop by 1.0%.

Philadelphia Fed Manufacturing Index:
Philadelphia Fed September Business Index 14.1 versus August 4.2; Business Index Expected 8.0; Price Paid 14.9 versus August 10.0; Price Received fell 10.6 versus August drop by 1.5; Employment fell 14.3 versus August drop by 12.9; New Orders 3.3 versus August 4.2; Shipments 8.2 versus August 0.6; Delivery Times fell 8.9 versus August drop by7.0; Inventories fell 18.1 versus August 0.3.

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 7.79 points, EOD 9,783.92
NYSE (New York Stock Exchange) shed 35.97, EOD 7,002.17
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 6.4 points, EOD 2,126.75
S&P 500 (SPX) shed 3.27 points, EOD 1,065.49
BEL 20 (BEL20) gain 4.02 points, EOD 2,504.20
CAC 40 (CAC40) gain 21.48 points, EOD 3,835.27
FTSE100 (UKX100) gain 39.82 points, EOD 5,163.95
NIKKEI 225 (NIK/O) triple digit gain 173.03 points, EOD 10,443.80

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,354 declined stock prices 1,751, unchanged stock prices 85, stock prices hitting new highs 291 and stock prices hitting new lows 9. 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: RTP shed 2.53, HOD 182.61, LOD 179.00, EOD 180.10; FAS shed 0.92, HOD 91.05, LOD 85.51, EOD 87.12; CME gain 1.73, HOD 296.60, LOD 291.01, EOD 293.30; ICE gain 1.33, HOD 97.98, LOD 94.46, EOD 96.37; POT gain 2.33, HOD 98.71, LOD 93.80, EOD 96.51; LH shed 1.53, HOD 65.74, LOD 62.02, EOD 63.74; LMT gain 3.40, HOD 80.20, LOD 75.53, EOD 79.56; CKR shed 0.12, HOD 11.52, LOD 10.37, EOD 11.15; AGP gain 0.15, HOD 24.02, LOD 22.20, EOD 24.00.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,360, declined stock prices 1,381, unchanged stock prices 108, stock prices hitting new highs 153 and stock prices hitting new lows 8. 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: AUXL gain 0.19, HOD 36.55, LOD 34.56, EOD 35.99; FSLR gain 4.09, HOD 157.10, LOD 149.45, EOD 151.08; WYNN gain 0.27, HOD 71.69, LOD 68.06, EOD 69.19; BIDU shed 3.72, HOD 408.00, LOD 396.18, EOD 399.19; GOOG gain 3.43, HOD 497.37, LOD 487.15, EOD 491.72; AAPL gain 2.68, HOD 186.79, LOD 181.97, EOD 184.55; STEC shed 6.37, HOD 36.34, LOD 31.10, EOD 31.53; IMGN gain 0.28, HOD 8.56, LOD 8.19, EOD 8.24; MLHR shed 1.69, HOD 18.12, LOD 16.61, EOD 17.46.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 282, declined stock prices 272, unchanged stock prices 50, stock prices hitting new highs 41 and stock prices hitting new lows 1.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 1062.75; Change -0.75
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,720.25; Change 2.50
E-mini DOW $5 (YM) Sept 09: EOD 9,735; Change 10
E-mini S&P MidCap 400 (MF) Sept 09: EOD 701.00; Change -1.40
Nikkei 225 (Yen) Sept 09: EOD 10,360; Change 50

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6787 to U.S. Dollars 1.4734
Japanese Yen 91.1600 to U.S. Dollars 0.0110
British Pound 0.6085 to U.S. Dollars 1.6434
Canadian Dollar 1.0662 to U.S. Dollars 0.9379
Swiss Franc 1.0288 to U.S. Dollars 0.9720

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (October 09) shed $0.04, EOD $72.47 per barrel ($US per barrel)
Heating Oil (October 09) gain $0.01, EOD $1.87 a gallon ($US per gallon)
Natural Gas (October 09) shed $0.26, EOD $4.46 per million BTU ($US per mmbtu.)
Unleaded Gas (October 09) no change $0.00, EOD $1.85 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) shed $6.70, EOD $1,013.50 ($US per Troy ounce)
Silver (December 09) shed $0.17, EOD $17.27 ($US per Troy ounce)
Platinum (October 09) shed $8.60, EOD $1,342.90 ($US per Troy ounce)
Copper (December 09) shed $0.04, EOD $2.90 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) gain $0.58, EOD $52.03
Pork Bellies (February 10) gain $0.03, EOD $86.60
Live Cattle (December 09) shed $1.30, EOD $85.35
Feeder Cattle (October 09) shed $1.50, EOD $97.00

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $7.25, EOD $329.00
Soybeans (November 09) gain $2.50, EOD $953.00

BOND MARKET:
2 year EOD 100 3/32, change 2/32, Yield 0.94, Yield change -0.04
5 year EOD 99 31/32, change 9/32, Yield 2.37, Yield change -0.07
10 year EOD 101 30/32, change 21/32, Yield 3.39, Yield change -0.07
30 year EOD 105 19/32, change 1 17/32, Yield 4.17, change -0.08

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