Toyota

Daily Market Commentary for September 30, 2009

Toyota

Toyota announced Tuesday that they were recalling 3.8 million Toyota and Lexus vehicles due to potentially dangerous floor mats. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA [Mortgage Bankers Association] Mortgage Applications:
U.S. MBA Refinance Index rose 0.8% at 2857.3 compared to last week 2881.5; U.S. MBA Purchase Index fell 6.2% at 270.4 compared to last week 288.3; U.S. MBA Market Index fell 2.8% at 649.6 compared to last week 668.5.

ADP [Automatic Data Processing Inc. and consultancy Macroeconomic Advisers] Nonfarm Employment Change:
ADP September U.S. Private Sector Jobs Expected -240,000; ADP Sees September U.S. Private Sector Jobs -254,000; "September's employment decline was the smallest since July of 2008 and employment losses have diminished significantly over the last two quarters," said Joel Prakken, chairman of Macroeconomic Advisers. "Nevertheless, employment, which usually trails overall economic activity, is likely to decline for at least several more months, with losses continuing to diminish." Latest ADP report shows larger businesses with 500 employees or more shed 61,000 jobs and medium-size businesses lost 93,000 workers during September. Small businesses that employ fewer than 50 workers had 100,000 job cuts.

GDP [Gross Domestic Product]:
U.S. 2Q GDP Revised to fall 0.7% rate from a decrease by 1.0%; U.S. 2Q GDP Revised up due to business spending adjustment; U.S. 2Q GDP Consensus fell 1.2%; 2Q Real Final Sales Revised to rise 0.7% rate from an increase by 0.4%; 2Q PCE Price Index Revised to rise 1.4% rate from an increase by 1.3%; 2Q Purchases Price Index rose 0.5%, unrevised from preliminary report; 2Q Chain-Weighted Price Index Unchanged% unrevised from preliminary report; 2Q Corporate Profits rose 5.6% versus an increase by 16.6% in 1Q; 2Q Corporate Profits Revised to rise 5.6% from an increase by 7.5%.

Chicago Purchasing Management Index [PMI]:
U.S. Chicago PMI Adjusted September Index 46.1 versus August 50.0; U.S. Chicago PMI September Prices Paid Index 51.3 versus August 50.0; U.S. Chicago PMI September Supplier Deliveries 49.3 versus August 54.6; U.S. Chicago PMI September Employment Index 38.8 versus August 38.7; U.S. Chicago PMI September New Orders Index 46.3 versus August 52.5.

Crude Oil Inventories:
U.S. Crude Oil Stocks +2.796 million barrels at 338.404 million barrels; U.S. Crude Oil Stocks +2.796 million barrels in week; was seen increasing by 0.3million barrels; U.S. Gasoline Stocks fell 1.657 million barrels at 211.452 million barrels; U.S. Gasoline Stocks fell 1.657million barrels in week was seen increasing by 0.8 million barrels; U.S. Distillate Stocks +0.323 million barrels at 171.077 million barrels; U.S. Distillate Stocks +0.323million barrels in week; was seen increasing by 1.1million barrels; U.S. Refineries Ran at 84.57% versus 85.58% week ago; U.S. Refineries Ran at 84.57% was seen 85.20.

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 34.68 points, EOD 9,707.52
NYSE (New York Stock Exchange) shed 15.94, EOD 6,910.88
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 3.87 points, EOD 2,120.17
S&P 500 (SPX) shed 4.55 points, EOD 1,056.06
BEL 20 (BEL20) shed 5.16 points, EOD 2,485.62
CAC 40 (CAC40) shed 18.69 points, EOD 3,795.41
FTSE100 (UKX100) shed 25.82 points, EOD 5,133.90
NIKKEI 225 (NIK/O) gain 33.03, EOD 10,133.23

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,268 declined stock prices 1,814, unchanged stock prices 88, stock prices hitting new highs 197 and stock prices hitting new lows 1. 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: JBL gain 1.13, HOD13.55, LOD 12.93, EOD 13.41; DRI shed 2.02, HOD 34.19, LOD 32.51, EOD 34.13; AMP gain 3.99, HOD 37.36, LOD 34.39, EOD 36.33; NKE gain 4.61, HOD 64.95, LOD 64.01, EOD 64.70; AIG shed 1.11, HOD 46.07, LOD 43.18, EOD 44.11; CME gain 2.51, HOD 308.80, LOD 300.00, EOD 308.19; FAS shed 1.60, HOD 85.80, LOD 79.88, EOD 82.13; YUM gain 0.90, HOD 34.21, LOD 32.52, EOD 33.76; MA shed 4.59, HOD 208.59, LOD 201.10, EOD 202.15; TDG gain 1.69, HOD 50.93, LOD 48.30, EOD 49.81; EOG gain 1.87, HOD 84.36, LOD 81.28, EOD 83.51; CIT shed 0.99, HOD 1.57, LOD 1.18, EOD 1.21; ICE gain 2.15, HOD 99.00, LOD 94.82, EOD 97.19; ACL shed 1.46, HOD 140.58, LOD 134.36, EOD 138.67; BAX gain 0.22, HOD 57.28, LOD 55.75, EOD 57.01; MJN gain 1.95, HOD 46.00, LOD 43.25, EOD 45.11.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,039, declined stock prices 1,733, unchanged stock prices 101, stock prices hitting new highs 91 and stock prices hitting new lows 15. 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: WYNN shed 2.36, HOD 74.50, LOD 69.60, EOD 70.89; FSLR shed 4.59, HOD 208.59, LOD 201.10, EOD 202.15; ISRG gain 5.66, HOD 265.49, LOD 253.22, EOD 262.25; BIDU shed 3.37, HOD 396.69, LOD 383.85, EOD 391.05; RIMM shed 0.01, HOD 69.20, LOD 67.40, EOD 67.62; APOL gain 1.06, HOD 74.38, LOD 71.68, EOD 73.67.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 275, declined stock prices 241, unchanged stock prices 63, stock prices hitting new highs 31 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) Sept 09: EOD 1053.50; Change -1.25
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,718.00; Change 2.50
E-mini DOW $5 (YM) Sept 09: EOD 9,665; Change -8
E-mini S&P MidCap 400 (MF) Sept 09: EOD 689.80; Change -1.80
Nikkei 225 (Yen) Sept 09: EOD 10,055; Change -20

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6834 U.S. Dollars 1.4632
Japanese Yen 89.7400 to U.S. Dollars 0.0111
British Pound 0.6257 to U.S. Dollars 1.5982
Canadian Dollar 1.0705 to U.S. Dollars 0.9341
Swiss Franc 1.0362 to U.S. Dollars 0.9341

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (November 09) gain $3.90, EOD $70.61 per barrel ($US per barrel)
Heating Oil (November 09) gain $0.11, EOD $1.83 a gallon ($US per gallon)
Natural Gas (November 09) shed $0.03, EOD $4.84 per million BTU ($US per mmbtu.)
Unleaded Gas (October 09) gain $0.10, EOD $1.73 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $14.90, EOD $1,009.30 ($US per Troy ounce)
Silver (December 09) gain $0.48, EOD $16.66 ($US per Troy ounce)
Platinum (January 09) gain $24.70, EOD $1,302.90 ($US per Troy ounce)
Copper (December 09) gain $0.09, EOD $2.82 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) shed $0.58, EOD $49.50
Pork Bellies (February 10) shed $3.00, EOD $81.70
Live Cattle (December 09) gain $0.53, EOD $86.13
Feeder Cattle (November 09) gain $0.85, EOD $96.63

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $3.00, EOD $342.50
Soybeans (November 09) gain $10.00, EOD $927.00

BOND MARKET:
2 year EOD 100 3/32, change 3/32, Yield 0.94, Yield change -0.05
5 year EOD 100 9/32, change 4/32, Yield 2.31, Yield change -0.02
10 year EOD 102 22/32, change -3/32, Yield 3.30, Yield change 0.01
30 year EOD 107 29/32, change -12/32, Yield 4.04, change 0.02

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