Daily Market Commentary for August 4, 2009

Cash For Clunkers

U.S. government started the "cash for clunkers" program to try to help stimulate the economy and the auto market, and experts are believing it is starting to work. (read more at Millennium-Traders.Com)

Economic data released today:
Core PCE Price Index:
June PCE Core Price Index +0.2% rate on month; +1.5% on year; June PCE Price Index +0.5% rate on month; -0.4% on year.

Personal Spending:
May Personal Income Revised To +1.3% from +1.4%; May Spending Revised to +0.1% from +0.3%.

Personal Income:
U.S. Personal Income fell 1.3% In June compared to consensus of a decrease by 1.2%; U.S. Personal Spending rose 0.4% in June compared to consensus of an increase by 0.3.

Pending Home Sales from National Association of Realtors:
U.S. Pending Home Sales Index rose 3.6% to 94.6 in june; U.S. June Pending Home Sales rose 6.7% from June 2008; Pending Sales up 5 times in a row; streak longest in 6 years.

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 33.63 points, EOD 9,320.19
NYSE (New York Stock Exchange) gain 3.49, EOD 6,569.14
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 2.7 points, EOD 2,011.31
S&P 500 (SPX) gain 3.02 points, EOD 1,005.65
BEL 20 (BEL20) gain 7.3 points, EOD 2,185.07
CAC 40 (CAC40) shed 1.43 points, EOD 3,476.37
FTSE100 (UKX100) shed 11.09 points, EOD 4,671.37
NIKKEI 225 (NIK/O) gain 22.54 points, EOD 10,375.01

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,872, declined stock prices 1,199, unchanged stock prices 114, stock prices hitting new highs 157 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: WMS gain 4.58, HOD 42.09, LOD 38.76, EOD 41.34; UTR gain 2.12, HOD 15.81, LOD 14.35, EOD 15.76; DGW gain 2.88, HOD 32.90, LOD 29.63, EOD 32.20; HLF shed 4.47, HOD 32.63, LOD 30.88, EOD 31.30; AZO shed 2.00, HOD 150.42, LOD 147.65, EOD 148.31; CME shed 3.81, HOD 286.81, LOD 275.76, EOD 278.94; RTP shed 4.33, HOD 175.90, LOD 171.67, EOD 173.99; AFL gain 0.90, HOD 39.90, LOD 38.48, EOD 39.85; UVV gain 1.16, HOD 40.71, LOD 38.52, EOD 39.76; GS gain 1.07, HOD 165.47, LOD 162.96, EOD 165.17; GGC gain 8.25, HOD 47.19, LOD 26.50, EOD 32.20; ICE shed 4.53, HOD 98.20, LOD 90.36, EOD 91.54; AVB gain 5.50, HOD 64.06, LOD 58.03, EOD 63.85.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,536, declined stock prices 1,194, unchanged stock prices 128, stock prices hitting new highs 90 and stock prices hitting new lows 11. 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: IPHS shed 2.21, HOD 19.10, LOD 16.95, EOD 17.66; STEC shed 2.75, HOD 33.40, LOD 31.48, EOD 32.75; SVNT gain 0.04, HOD 12.84, LOD 11.90, EOD 12.84; BIDU shed 3.01, HOD 357.79, LOD 348.08, EOD 351.44; AAPL shed 0.88, HOD 165.57, LOD 164.21, EOD 165.55; FSLR shed 7.60, HOD 156.38, LOD 146.11, EOD 147.98; HURN gain 0.44, HOD 15.60, LOD 13.41, EOD 13.73; WYNN gain 4.57, HOD 58.65, LOD 54.32, EOD 58.00; RIMM gain 1.91, HOD 79.95, LOD 76.25, EOD 78.51.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 295, declined stock prices 233, unchanged stock prices 74, stock prices hitting new highs 18 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 1004.50; Change 3.75
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,629.25; Change 2.50
E-mini DOW $5 (YM) Sept 09: EOD 9,256; Change 8
E-mini S&P MidCap 400 (MF) Sept 09: EOD 638.80; Change 8.10
Nikkei 225 (Yen) Sept 09: EOD 10,470; Change -25

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6941 to U.S. Dollars 1.4408
Japanese Yen 95.2500 to U.S. Dollars 0.0105
British Pound 0.5900 to U.S. Dollars 1.6948
Canadian Dollar 1.0718 to U.S. Dollars 0.9330
Swiss Franc 1.0592 to U.S. Dollars 0.9441

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (September 09) shed $0.16, EOD $71.42 per barrel ($US per barrel)
Heating Oil (September 09) gain $0.03, EOD $1.90 a gallon ($US per gallon)
Natural Gas (September 09) shed $0.03, EOD $4.00 per million BTU ($US per mmbtu.)
Unleaded Gas (September 09) shed $0.01, EOD $2.06 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $10.90, EOD $969.70 ($US per Troy ounce)
Silver (September 09) gain $0.44, EOD $14.70 ($US per Troy ounce)
Platinum (October 09) gain $37.10, EOD $1,276.80 ($US per Troy ounce)
Copper (September 09) gain $0.06, EOD $2.80 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) shed $1.93, EOD $50.13
Pork Bellies (August 09) shed $2.00, EOD $59.75
Live Cattle (October 09) shed $0.60, EOD $89.65
Feeder Cattle (September 09) shed $1.40, EOD $100.58

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $3.25, EOD $365.75
Soybeans (November 09) gain $1.00, EOD $1,031.50

BOND MARKET:
2 year EOD 99 19/32, change -1/32, Yield 1.20, Yield change 0.02
5 year EOD 99 21/32, change -5/32, Yield 2.69, Yield change 0.03
10 year EOD 95 13/32, change -13/32, Yield 3.68, Yield change 0.05
30 year EOD 97 17/32, change -28/32, Yield 4.46, change 0.06

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