JPMorgan Chase Bank

Daily Market Commentary for January 15, 2010

JPMorgan Chase Bank

JPMorgan Chase Bank reported better-than-expected profits in the fourth quarter. (Read more at Millennium-Traders.Com)

Economic data released today:

CPI (Consumer Price Index):
U.S. December Consumer Prices rose 0.1% compared to consensus of an increase by 0.1%; U.S. December CPI Excluding-Food & Energy rose 0.1%; compared to consensus of an increase by 0.1%; U.S. December CPI Unrounded rose 0.134%; Core rose 0.112%; U.S. December CPI Energy Prices rose 0.2%; Food Prices rose 0.2%; U.S. Real Average Weekly Earnings unchanged% in December.

NY Empire State Manufacturing Index:
New York Fed's January Manufacturing Index 15.92 versus 4.50 in December; New York Fed’s January New Orders 20.48 versus 2.77 in December; New York Fed’s January Employment 4.00 versus a decrease by 5.26 in December; New York Fed’s January Prices Received 2.67 versus a decrease by 9.21 in December.

Industrial Production:
U.S. December Industrial Production rose 0.6%; compared to consensus of an increase by 0.6%; U.S. November Industrial Production Revised to rise 0.6% from a rise by 0.8%.

Capacity Utilization Rate:
U.S. November Capacity Use Revised to 71.5% from 71.3%; U.S. December Capacity Utilization rose 0.5-Point at 72.0%; compared to consensus of 71.8%.

Michigan Consumer Sentiment Index:
University of Michigan 5-Yr Inflation Forecast rose 2.8%; December rose 2.7%; University of Michigan 12-Month Inflation Forecast +2.8%; December rose 2.5%; University of Michigan Mid-January Expectations 67.5; December 68.9; University of Michigan Mid-January Current Index 81.0; December 78.0; University of Michigan Mid-January Sentiment 72.8; December 72.5.

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 100.90 points, EOD 10,609.65
NYSE (New York Stock Exchange) shed 91.73, EOD 7,356.79
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 27.16 points, EOD 2,289.58
S&P 500 (SPX) shed 12.36 points, EOD 1,136.10
BEL 20 (BEL20) gain 0.96 points, EOD 2,591.64
CAC 40 (CAC40) gain 20.34 points, EOD 4,045.14
FTSE100 (UKX100) shed 42.83 points, EOD 5,455.37
NIKKEI 225 (NIK/O) gain 29.29 points, EOD 10,796.64

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 916 declined stock prices 2,189, unchanged stock prices 90, stock prices hitting new highs 196 and stock prices hitting new lows 3. 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: MA gain 2.17, HOD 265.88, LOD 260.55, EOD 262.65; BG gain 1.78, HOD 74.04, LOD 9.21, EOD 69.85; MON shed 1.63, HOD 83.09, LOD 80.91, EOD 81.16; FAS shed 4.29, HOD 84.37, LOD 80.61, EOD 81.13; RTP shed 4.23, HOD 238.00, LOD 232.44, EOD 233.63; CF gain 2.23, HOD 99.39, LOD 95.13, EOD 95.42.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 728, declined stock prices 2,003, unchanged stock prices 105, stock prices hitting new highs 106 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: FSLR shed 0.77, HOD 126.50, LOD 122.50, EOD 124.07; CREE shed 3.84, HOD 58.00, LOD 52.66, EOD 54.01; GOOG shed 9.85, HOD 593.56, LOD 578.04, EOD 580.00; PCLN unchanged 0.00, HOD 210.50, LOD 205.55, EOD 208.77; WYNN shed 1.61, HOD 72.85, LOD 69.67, EOD 70.50; BIDU gain 3.45, HOD 470.25, LOD 458.58, EOD 467.68; AMZN shed 0.21, HOD 129.65, LOD 127.06, EOD 127.14; SHFL gain 0.46, HOD 9.80, LOD 9.10, EOD 9.48; ILMN shed 0.01, HOD 39.93, LOD 38.49, EOD 39.02.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 185, declined stock prices 337, unchanged stock prices 38, stock prices hitting new highs 21 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) Mar 10: EOD 1131.75; Change -13.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,862.50; Change -25.75
E-mini DOW $5 (YM) Mar 10: EOD 10,554; Change -109
E-mini S&P MidCap 400 (MF) Mar 10: EOD 741.80; Change -9.90
Nikkei 225 (Yen) Mar 10: EOD 10,855; Change -65

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6953 U.S. Dollars 1.4383
Japanese Yen 90.8000 to U.S. Dollars 0.0110
British Pound 0.6150 to U.S. Dollars 1.6261
Canadian Dollar 1.0289 to U.S. Dollars 0.9719
Swiss Franc 1.0263 to U.S. Dollars 0.9744

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (February 10) shed $1.35, EOD $78.04 per barrel ($US per barrel)
Heating Oil (March 10) shed $0.04, EOD $2.05 a gallon ($US per gallon)
Natural Gas (March 10) gain $0.09, EOD $5.66 per million BTU ($US per mmbtu.)
Unleaded Gas (February 10) shed $0.03, EOD $2.05 gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 10) shed $12.00, EOD $1,130.00 ($US per Troy ounce)
Silver (March 10) shed $0.22, EOD $18.44 ($US per Troy ounce)
Platinum (April 10) shed $4.80, EOD $1,600.00 ($US per Troy ounce)
Copper (March 10) shed $0.02, EOD $3.37 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 10) gain $0.53, EOD $73.28
Pork Bellies (February 10) gain $0.05, EOD $89.60
Live Cattle (April 10) shed $0.03, EOD $90.53
Feeder Cattle (March 10) gain $0.70, EOD $98.65

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (march 10) shed $9.50, EOD $372.00
Soybeans (January 10) shed $10.00, EOD $974.00

BOND MARKET:
2 year EOD 100 7/32, change 3/32, Yield 0.87, Yield change -0.05
5 year EOD 100 29/32, change 10/32, Yield 2.42 Yield change -0.07
10 year EOD 97 16/32, change 16/32, Yield 3.67 Yield change -0.06
30 year EOD 96 21/32, change 24/32, Yield 4.58, change -0.04

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