Daily Market Commentary for September 8, 2009

Gold

Gold rose above the $1,000.00 an ounce mark today, as the dollar weakened to its lowest point since last September partially due to investors concerns about the economy’s recovery. (read more at Millennium-Traders.Com)

Economic data released today:

Consumer Credit:
U.S. July Consumer Credit decreased by $21.6 billion; June Consumer Credit Revised to down $15.5 billion from down $10.3 billion.

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 56.07 points, EOD 9,497.34
NYSE (New York Stock Exchange) gain 86.99, EOD 6,724.12
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 18.99 points, EOD 2,037.77
S&P 500 (SPX) gain 8.98 points, EOD 1,025.38
BEL 20 (BEL20) gain 65.78 points, EOD 2,421.95
CAC 40 (CAC40) gain 62.2 points, EOD 3,660.96
FTSE100 (UKX100) gain 95.64 points, EOD 4,947.34
NIKKEI 225 (NIK/O) gain 206.12 points, EOD 10,393.23

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,321 declined stock prices 761, unchanged stock prices 76, stock prices hitting new highs 160 and stock prices hitting new lows 4. 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: AIG shed 4.20, HOD 39.00, LOD 35.68, EOD 35.85; RTP gain 7.69, HOD 170.16, LOD 166.78, EOD 167.54; PBY gain 0.79, HOD 10.13, LOD 9.48, EOD 10.09; ORH gain 12.91, HOD 63.10, LOD 61.82, EOD 62.98; ESV gain 0.79, HOD 38.50, LOD 37.14, EOD 38.08; CME gain 3.28, HOD 277.47, LOD 270.25, EOD 272.63; CBY gain 14.42, HOD 53.05, LOD 51.28, EOD 51.88; POT gain 2.35, HOD 92.94, LOD 91.34, EOD 91.81; FAS gain 1.65, HOD 74.73, LOD 71.65, EOD 73.20; CHU gain 0.18, HOD 14.28, LOD 13.99, EOD 14.07.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,632, declined stock prices 1,040, unchanged stock prices 134, stock prices hitting new highs 75 and stock prices hitting new lows 7. 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 gain 12.94, HOD 134.64, LOD 123.43, EOD 134.41; GOLD gain 1.06, HOD 72.86, LOD 68.80, EOD 69.36; BIDU gain 13.88, HOD 359.20, LOD 350.00, EOD 357.15; JAZZ gain 1.01, HOD 11.27, LOD 8.54, EOD 10.28; OPXA gain 4.13, HOD 6.93, LOD 2.22, EOD 5.66; FACT gain 0.77, HOD 16.83, LOD 15.42, EOD 16.15; BIIB gain 0.17, HOD 51.70, LOD 51.01, EOD 51.18.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 338, declined stock prices 204, unchanged stock prices 56, stock prices hitting new highs 44 and stock prices hitting new lows n/a.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 1024.75; Change 10.75
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,653.50; Change 17.75
E-mini DOW $5 (YM) Sept 09: EOD 9,493; Change 76
E-mini S&P MidCap 400 (MF) Sept 09: EOD 660.60; Change 9.10
Nikkei 225 (Yen) Sept 09: EOD 10,410; Change 80

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6898 to U.S. Dollars 1.4497
Japanese Yen 92.2400 to U.S. Dollars 0.0108
British Pound 0.6064 to U.S. Dollars 1.6492
Canadian Dollar 1.0793 to U.S. Dollars 0.9265
Swiss Franc 1.0462 to U.S. Dollars 0.9558

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (October 09) gain $3.08, EOD $71.10 per barrel ($US per barrel)
Heating Oil (October 09) gain $0.06, EOD $1.78 a gallon ($US per gallon)
Natural Gas (October 09) gain $0.08, EOD $2.81 per million BTU ($US per mmbtu.)
Unleaded Gas (October 09) gain $0.05, EOD $1.83 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $3.10, EOD $999.80 ($US per Troy ounce)
Silver (December 09) gain $0.23, EOD $16.51 ($US per Troy ounce)
Platinum (October 09) gain $30.50, EOD $1,288.80 ($US per Troy ounce)
Copper (December 09) gain $0.09, EOD $2.96 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) gain $0.48, EOD $50.98
Pork Bellies (February 10) gain $1.55, EOD $84.43
Live Cattle (October 09) gain $0.45, EOD $87.10
Feeder Cattle (October 09) gain $0.63, EOD $99.18

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $1.25, EOD $307.00
Soybeans (November 09) gain $14.50, EOD $935.00

BOND MARKET:
2 year EOD 100 4/32, change 0, Yield 0.93, Yield change 0.00
5 year EOD 99 31/32 change -4/32, Yield 2.37, Yield change 0.02
10 year EOD 101 9/32, change -8/32, Yield 3.46, Yield change 0.02                     
30 year EOD 103 5/32, change -23/32, Yield 4.31, change 0.05

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