Securities and Exchange Commission

Daily Market Commentary for April 16, 2010

Securities and Exchange Commission

Today, the Securities and Exchange Commission charged Goldman Sachs with fraud, shares of the bank plummeted 13 % following the announcement. (Read more at Millennium-Traders.Com)

Economic data released today:

Building Permits:
Building Permits rose 7.5% to 685K Rate in March.

Housing Starts:
U.S. March Housing Starts rose 1.6% to 626K; Compared to Consensus of an increase by 6.1%; U.S. February Housing Starts Revised to rise 1.1% from a decrease by 5.9%.

University of Michigan Consumer Sentiment Index:
Mid-April Current Index 80.7; March 82.4; Mid-April Expectations 62.3; March 67.9; Mid-April Sentiment 69.5; March 73.6; 12-Month Inflation Forecast rose 2.9%; March rose 2.7%.

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 125.53 points, EOD 11,019.04
NYSE (New York Stock Exchange) shed 135.04, EOD 7,584.62
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 32.88 points, EOD 2,482.81
S&P 500 (SPX) shed 19.32 points, EOD 1,192.35
BEL 20 (BEL20) shed 27.8 points, EOD 2,687.36
CAC 40 (CAC40) shed 79.02 points, EOD 3,986.63
FTSE100 (UKX100) shed 81.05 points, EOD 5,743.96
NIKKEI 225 (NIK/O) shed 171.61, EOD 11,102.18

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 638, declined stock prices 2,510, unchanged stock prices 74, stock prices hitting new highs 217 and stock prices hitting new lows 14. 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: FAS shed 12.21, HOD 115.44, LOD 106.36, EOD 104.39; GCI shed 0.10, HOD 19.68, LOD 18.00, EOD 18.04; GS shed 23.57, HOD 186.41, LOD 155.55, EOD 160.70; MS shed 1.72, HOD 30.79, LOD 28.67, EOD 29.16; CME shed 8.93, HOD 321.07, LOD 310.19, EOD 312.19; BAC shed 1.07, HOD 19.48, LOD 18.05, EOD 18.41; KNL gain 0.91, HOD 12.79, LOD 11.85, EOD 12.50.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 741, declined stock prices 1,989, unchanged stock prices 119, stock prices hitting new highs 200 and stock prices hitting new lows 12. 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: GOOG shed 45.15, HOD 568.81, LOD 549.63, EOD 550.14; ISRG shed 27.62, HOD 392.99, LOD 359.87, EOD 360.39; AAPL shed 1.52, HOD 251.14, LOD 244.55, EOD 247.40; BIDU shed 16.59, HOD 645.00, LOD 630.05, EOD 632.37.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 179, declined stock prices 308, unchanged stock prices 37, stock prices hitting new highs 18 and stock prices hitting new lows 6.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1189.50; Change -19.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,012.00; Change -22.75
E-mini DOW $5 (YM) Mar 10: EOD 10,969; Change -127
E-mini S&P MidCap 400 (MF) Mar 10: EOD 818.70; Change -10.30
Nikkei 225 (Yen) Mar 10: EOD 10,890; Change -380

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7404 to U.S. Dollars 1.3500
Japanese Yen 92.1250 to U.S. Dollars 0.0108
British Pound 0.6494 to U.S. Dollars 1.5400
Canadian Dollar 1.0151 to U.S. Dollars 0.9865
Swiss Franc 1.0609 to U.S. Dollars 0.9426

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (May 10) shed $2.27, EOD $83.24 per barrel ($US per barrel)
Heating Oil (May 10) shed $0.03, EOD $2.22 a gallon ($US per gallon)
Natural Gas (May 10) gain $0.05, EOD $4.04 per million BTU ($US per mmbtu.)
Unleaded Gas (May 10) shed $0.04, EOD $2.28 gallon ($US per gallon)

Metals Markets - Comex:
Gold (May 10) shed $23.40, EOD $1,136.30 ($US per Troy ounce)
Silver (May 10) shed $0.75, EOD $17.67 ($US per Troy ounce)
Platinum (May 10) shed $31.50, EOD $1,690.80 ($US per Troy ounce)
Copper (May 10) shed $0.08, EOD $3.51 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (May 10) gain $0.37, EOD $86.42
Pork Bellies (May 10) gain $2.00, EOD $97.55
Live Cattle (May 10) gain $0.75, EOD $98.75
Feeder Cattle (May 10) shed $0.30, EOD $111.95

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) gain $0.75, EOD $364.00
Soybeans (May 10) gain $1.25, EOD $985.25

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