Daily Market Commentary for August 24, 2009

Consumer Confidence Index

Stocks rally again after the Consumer Confidence index shows better than expected data for the month of August. (read more at Millennium-Traders.Com)

Economic data released today:

S&P/CS Home Price Indices Composite - 20:
S&P Case-Shiller June 20-City Home Price Index down 15.4% year over year; S&P Case-Shiller June 10-City Home Price Index up 1.4% month over month; S&P Case-Shiller June 20-City Home Price Index up 1.4% month over month; S&P Case-Shiller 2Q U.S. National Home Price Index down 14.9% year over year; S&P Case-Shiller 2Q U.S. National Home Price Index up 2.9% quarter over quarter.

Conference Board Consumer Confidence:
U.S. Conference Board August Consumer Confidence 54.1 versus July 47.4; Conference Board August Present Situation Index 24.9 versus July 23.3; Conference Board August Expectations Index 73.5 versus July 63.4.

Redbook:
U.S. Retail Sales First 3 Weeks of August fell 0.7% versus July; U.S. Retail Sales First 3 Weeks of August fell 4.4% versus August a year-ago; U.S. Retail Sales fell 4.4% Week Ending August 22 versus a year ago.

ICSC/Goldman Sachs Chain Store Sales:
U.S. ICSC/Goldman Sachs Chain Store Sales fell 0.2% on year; U.S. ICSC/Goldman Sachs Chain Store Sales rose 0.6% in week of August 22.

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 30.01 points, EOD 9,539.29
NYSE (New York Stock Exchange) gain 26.08, EOD 6,697.22
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 6.25 points, EOD 2,024.23
S&P 500 (SPX) gain 2.43 points, EOD 1,028.00
BEL 20 (BEL20) gain 19.54 points, EOD 2,414.80
CAC 40 (CAC40) gain 28.44 points, EOD 3,680.61
FTSE100 (UKX100) gain 20.57 points, EOD 4,916.80
NIKKEI 225 (NIK/O) shed 83.69 points, EOD 10,497.36

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,854 declined stock prices 1,207, unchanged stock prices 114, stock prices hitting new highs 104 and stock prices hitting new lows 2. 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: ESI gain 1.02, HOD 109.92, LOD 106.64, EOD 107.61; POT shed 2.33, HOD 97.60, LOD 93.60, EOD 93.94; MOS shed 1.61, HOD 54.40, LOD 51.39, EOD 52.05; GS gain 2.36, HOD 165.30, LOD 163.04, EOD 164.94; CME gain 0.50, HOD 270.84, LOD 267.01, EOD 268.55; FAS gain 2.21, HOD 79.94, LOD 77.05, EOD 77.72; VRX gain 0.91, HOD 25.77, LOD 24.72, EOD 25.76; RTP shed 0.95, HOD 165.32, LOD 160.84, EOD 161.56; MA gain 4.70, HOD 211.10, LOD 206.28, EOD 208.93; MRO shed 0.43, HOD 32.18, LOD 31.30, EOD 31.48; DDR gain 0.14, HOD 8.69, LOD 8.30, EOD 8.55; AIR shed 1.75, HOD 17.79, LOD 16.83, EOD 17.28; BLK shed 2.44, HOD 204.42, LOD 200.68, EOD 202.36.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,458, declined stock prices 1,253, unchanged stock prices 123, stock prices hitting new highs 76 and stock prices hitting new lows 9. 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 2.82, HOD 350.00, LOD 345.19, EOD 347.82; FSLR gain 4.10, HOD 128.24, LOD 124.08, EOD 128.18; WYNN gain 2.52, HOD 58.34, LOD 55.86, EOD 58.02; ARAY shed 0.94, HOD 6.95, LOD 6.48, EOD 6.58; APCVZ gain 0.63, HOD 1.67, LOD 1.05, EOD 1.05.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 262, declined stock prices 258, unchanged stock prices 59, stock prices hitting new highs 17 and stock prices hitting new lows 7.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 1027.25; Change 2.75
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,638.75; Change 4.75
E-mini DOW $5 (YM) Sept 09: EOD 9,528; Change 35
E-mini S&P MidCap 400 (MF) Sept 09: EOD 659.40; Change 2.50
Nikkei 225 (Yen) Sept 09: EOD 10,590; Change 5

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6991 to U.S. Dollars 1.4305
Japanese Yen 94.1300 to U.S. Dollars 0.0106
British Pound 0.6117 to U.S. Dollars 1.6348
Canadian Dollar 1.0858 to U.S. Dollars 0.9210
Swiss Franc 1.0606 to U.S. Dollars 0.9429

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (October 09) shed $2.32, EOD $72.05 per barrel ($US per barrel)
Heating Oil (October 09) shed $0.07, EOD $1.88 a gallon ($US per gallon)
Natural Gas (September 09) shed $0.05, EOD $3.29 per million BTU ($US per mmbtu.)
Unleaded Gas (September 09) shed $0.04, EOD $2.01 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $2.30, EOD $946.00 ($US per Troy ounce)
Silver (December 09) gain $0.12, EOD $14.35 ($US per Troy ounce)
Platinum (October 09) shed $0.30, EOD $1,247.80 ($US per Troy ounce)
Copper (December 09) shed $0.06, EOD $2.87 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) gain $1.48, EOD $48.30
Pork Bellies (February 10) shed $0.65, EOD $78.45
Live Cattle (October 09) shed $0.05, EOD $88.75
Feeder Cattle (October 09) shed $0.33, EOD $100.13

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $8.75, EOD $325.50
Soybeans (November 09) shed $8.50, EOD $999.00

BOND MARKET:
2 year EOD 99 31/32, change 1/32, Yield 1.01, Yield change -0.01
5 year EOD 100 26/32, change 6/32, Yield 2.44, Yield change -0.04
10 year EOD 101 18/32, change 11/32, Yield 3.43, Yield change -0.03                     
30 year EOD 104 18/32, change 20/32, Yield 4.22, change -0.04

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