Daily Market Commentary for March 23, 2010

Home Sales

According to the National Association of Realtors, home sales fell in February. (Read more at Millennium-Traders.Com)

Economic data released today:

Existing Home Sales:
U.S. February Median Existing Home Price fell 1.8% on Year to $165,100; U.S. Inventory of Unsold U.S. Homes at 8.6 Months Supply; U.S. February Existing Home Sales Consensus 4.95M Rate; U.S. February Existing Home Sales fell 0.6% to 5.02M Rate.

Richmond Manufacturing Index:
Richmond Fed: March Retail Revenues Index 8 versus February decrease by 15; Richmond Fed: March Services Revenues Index 0 versus February decrease by 15; Richmond Fed: March Manufacturing Shipments Index 5 versus February 0; Richmond Fed: March Manufacturing Index 6 versus February 2.

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) triple digit gain 102.94 points, EOD 10,888.83
NYSE (New York Stock Exchange) gain 59.84, EOD 7,478.86
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 20.21 points, EOD 2,415.61
S&P 500 (SPX) gain 8.31 points, EOD 1,174.12
BEL 20 (BEL20) gain 14.89 points, EOD 2,649.34
CAC 40 (CAC40) gain 24.55 points, EOD 3,952.55
FTSE100 (UKX100) gain 29.09, EOD 5,673.63
NIKKEI 225 (NIK/O) shed 50.57, EOD 10,774.15

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,245, declined stock prices 851, unchanged stock prices 116, stock prices hitting new highs 361 and stock prices hitting new lows 16. 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: BLK gain 1.03, HOD 227.77, LOD 224.80, EOD 227.00; FAS gain 1.88, HOD 95.81, LOD 92.82, EOD 95.58; CME shed 1.02, HOD 312.90, LOD 308.37, EOD 310.59; WAG gain 0.58, HOD 36.19, LOD 35.49, EOD 35.91; POT shed 0.80, HOD 123.99, LOD 121.91, EOD 122.16; PVH gain 0.66, HOD 56.88, LOD 55.01, EOD 56.09.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,813, declined stock prices 889, unchanged stock prices 146, stock prices hitting new highs 263 and stock prices hitting new lows 17. 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 15.16, HOD 603.19, LOD 587.50, EOD 594.88; FSLR gain 2.66, HOD 112.68, LOD 109.52, EOD 11.02; AAPL gain 3.61, HOD 228.78, LOD 224.10, EOD 228.36; GOOG shed 8.50, HOD 558.31, LOD 542.00, EOD 549.00; RXII gain 2.15, HOD 8.20, LOD 5.87, EOD 5.96; SOMX gain 0.58, HOD 9.78, LOD 8.20, EOD 8.88; FLEX gain 0.39, HOD 8.38, LOD 8.00, EOD 8.23; CCME gain 2.26, HOD 14.57, LOD 13.40, EOD 14.54; ISSI gain 1.09, HOD 9.15, LOD 8.33, EOD 8.56; ACGL gain 0.10, HOD 75.26, LOD 74.71, EOD 75.26.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 301, declined stock prices 187, unchanged stock prices 43, stock prices hitting new highs 19 and stock prices hitting new lows 2.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1169.50; Change 7.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,960.25; Change 11.75
E-mini DOW $5 (YM) Mar 10: EOD 10,825; Change 98
E-mini S&P MidCap 400 (MF) Mar 10: EOD 798.10; Change 7.00
Nikkei 225 (Yen) Mar 10: EOD 10,775; Change 90

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7409 to U.S. Dollars 1.3500
Japanese Yen 90.4050 to U.S. Dollars 0.0111
British Pound 0.6647 to U.S. Dollars 1.5000
Canadian Dollar 1.0157 to U.S. Dollars 0.9843
Swiss Franc 1.0578 to U.S. Dollars 0.9456

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (May 10) gain $0.31, EOD $81.91 per barrel ($US per barrel)
Heating Oil (May 10) gain $0.01, EOD $2.10 a gallon ($US per gallon)
Natural Gas (May 10) gain $0.05, EOD $4.13 per million BTU ($US per mmbtu.)
Unleaded Gas (May 10) gain $0.00, EOD $2.26 gallon ($US per gallon)

Metals Markets - Comex:
Gold (May 10) gain $4.20, EOD $1,103.50 ($US per Troy ounce)
Silver (May 10) gain $0.09, EOD $17.01 ($US per Troy ounce)
Platinum (May 10) gain $8.00, EOD $1,607.80 ($US per Troy ounce)
Copper (May 10) shed $0.00, EOD $3.37 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (May 10) shed $1.17, EOD $73.10
Pork Bellies (May 10) gain $3.00, EOD $94.50
Live Cattle (May 10) shed $1.40, EOD $95.70
Feeder Cattle (May 10) gain $0.67, EOD $105.38

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) shed $8.00 , EOD $362.75
Soybeans (May 10) shed $0.50, EOD $968.00

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