Market News

Daily Market Commentary for November 25, 2009

Market News

Stocks were rising this morning after market news and a better than expected report on weekly jobless claims. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA Mortgage Applications:
U.S. MBA Market Index fell 4.5% at 601; compared to last week reading of 629.1; U.S. MBA Purchase Index rose 9.6% at 223.1; compared to last week reading of 203.6; U.S. MBA Refinance Index fell 9.5% at 2818.7; compared to last week reading of 3115.1.

Core PCE Price Index:
October PCE Core Price Index rose 0.2% Rate on month; rose 1.4% on year; October PCE Price Index rose 0.3% Rate on month; rose 0.2% on year.

Durable Goods:
U.S. October Durable Goods Orders fell 0.6%; compared to consensus of an increase by 0.5%; U.S. October Durable Goods Orders, Excluding-Transportation, fell 1.3%; U.S. October Durable Goods Orders, Excluding-Defense, rose 0.4%; U.S. September Durable Goods Orders Revised to rise 2.0% from an increase by 1.4%.

Initial Jobless Claims:
U.S. Jobless Claims for week of November 21 fell 35K to 466K compared to survey of a decrease by 10K; U.S. Continuing Claims for week of November 14 fell 190K to 5,423,000; U.S. Jobless Claims Revised for week of November 14 to 501K from 505K; U.S. Jobless Claims Fall to Lowest Levels Since September 2008.

Personal Spending Personal Income:
September Personal Income Revised to rise 0.2% from unchanged%; September Spending Revised to fall 0.6% from a decrease by 0.5%; U.S. Personal Income rose 0.2% in October; compared to consensus of an increase by 0.1%; U.S. Personal Spending rose 0.7% in October; compared to consensus of an increase by 0.6%.

University of Michigan Consumer Sentiment Index:
End-November Expectations 66.5; October 68.6; Preliminary November Sentiment was 66.0; 12-Month Inflation Forecast rose 2.7%; October rose 2.9%; End-November Current Index 68.8; October 73.7; End-November Sentiment 67.4; October 70.6.

New Home Sales:
U.S. October New Home Sales rose 6.2% to 430K; compared to consensus of 398K; U.S. September New Home Sales Revised to 405K from 402K; U.S. October Median New-Home Price fell 0.5%.

Crude Oil Inventories as released by Department of Energy [DOE]:
U.S. Crude Oil Stockpiles rose 1.019 Million Barrels at 337.808 Million Barrels; U.S. Crude Oil Stockpiles rose 1.019 Million Barrels in week; was seen increasing by 1.5 Million Barrels; U.S. Gasoline Stockpiles rose 1.003 Million Barrels at 210.085 Million Barrels; U.S. Gasoline Stockpiles rose 1.003 Million Barrels in week; was seen increasing by 0.5 Million Barrels; U.S. Distillate Stockpiles fell 0.529 Million Barrels at 166.868 Million Barrels; U.S. Distillate Stockpiles fell 0.529 Million Barrels in week; was seen increasing by 0.2 Million Barrels; U.S. Refineries Ran at 80.25% versus 79.44% week ago; U.S. Refineries Ran at 80.25%; was seen at 79.70%.

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) gain 29.03 points, EOD 10,462.74
NYSE (New York Stock Exchange) gain 61.86, EOD 7,232.12
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 7.15 points, EOD 2,176.33
S&P 500 (SPX) gain 4.81 points, EOD 1,110.46
BEL 20 (BEL20) gain 0.59 points, EOD 2,503.53
CAC 40 (CAC40) gain 24.54 points, EOD 3,809.16
FTSE100 (UKX100) gain 40.85 points, EOD 5,364.81
NIKKEI 225 (NIK/O) gain 39.06 points, EOD 9,441.64

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,078 declined stock prices 991, unchanged stock prices 102, stock prices hitting new highs 164 and stock prices hitting new lows 5. 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: JCG gain 3.20, HOD 44.45, LOD 43.06, EOD 44.05; FAS shed 0.22, HOD 77.77, LOD 75.68, EOD 76.15; TBH shed 1.33, HOD 9.35, LOD 5.63, EOD 5.67; DE gain 1.41, HOD 54.15, LOD 51.27, EOD 53.70; EDC gain 4.52, HOD 136.62, LOD 131.59, EOD 135.72; CME gain 6.46, HOD 329.04, LOD 323.64, EOD 328.69; TIF gain 2.06, HOD 44.04, LOD 42.95, EOD 43.89.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,235, declined stock prices 1,465, unchanged stock prices 144, stock prices hitting new highs 84 and stock prices hitting new lows 18. 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: BIDU gain 6.64, HOD 443.25, LOD 437.07, EOD 442.18; AAPL shed 0.25, HOD 205.65, LOD 203.76, EOD 204.19; INCY gain 0.74, HOD 8.64, LOD 7.98, EOD 8.46; ISRG gain 3.80, HOD 283.09, LOD 278.24, EOD 282.65; CWTR shed 0.76, HOD 5.04, LOD 4.45, EOD 4.59; AONE shed 0.87, HOD 17.68, LOD 16.05, EOD 16.22; FSLR gain 1.72, HOD 121.38, LOD 118.54, EOD 120.97; SOHU gain 3.22, HOD 56.49, LOD 53.36, EOD 56.00; RINO gain 3.24, HOD 31.25, LOD 27.63, EOD 31.14; BUCY gain 2.31, HOD 54.15, LOD 51.70, EOD 53.99.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 306, declined stock prices 212, unchanged stock prices 41, stock prices hitting new highs 19 and stock prices hitting new lows 10.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Dec 09: EOD 1108.50; Change 5.50
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,793.00; Change 6.50
E-mini DOW $5 (YM) Dec 09: EOD 10,440; Change 35
E-mini S&P MidCap 400 (MF) Dec 09: EOD 696.70; Change 6.50
Nikkei 225 (Yen) Dec 09: EOD 9,410; Change 70

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6604 U.S. Dollars 1.5142
Japanese Yen 87.3400 to U.S. Dollars 0.0114
British Pound 0.5978 to U.S. Dollars 1.6727
Canadian Dollar 1.0451 to U.S. Dollars 0.9568
Swiss Franc 1.9960 to U.S. Dollars 0.0040

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 09) gain $1.94, EOD $77.96 per barrel ($US per barrel)
Heating Oil (December 09) gain $0.05, EOD $2.04 a gallon ($US per gallon)
Natural Gas (December 09) gain $0.40, EOD $5.17 per million BTU ($US per mmbtu.)
Unleaded Gas (December 09) gain $0.06, EOD $2.00 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $21.60, EOD $1,188.00 ($US per Troy ounce)
Silver (December 09) gain $0.31, EOD $18.80 ($US per Troy ounce)
Platinum (January 09) gain $35.70, EOD $1,479.50 ($US per Troy ounce)
Copper (December 09) gain $0.06, EOD $3.20 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) gain $1.65, EOD $67.65
Pork Bellies (February 10) gain $0.30, EOD $86.98
Live Cattle (December 09) gain $0.25, EOD $85.75
Feeder Cattle (January 10) gain $0.08, EOD $93.30

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $16.00, EOD $408.00
Soybeans (January 10) gain $8.50, EOD $1,054.50

BOND MARKET:
2 year EOD 100, change -1/32, Yield 0.74, Yield change 0.01
5 year EOD 100 2/32, change 9.54/32, Yield 2.10 Yield change 0.01
10 year EOD 100 29/32, change 10/32, Yield 3.26, Yield change -0.04
30 year EOD 102 14/32, change 9/32, Yield 4.23, change -0.01

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