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USA stock market daily report by Millenium Traders (May 11, 2009, Monday, 10.30 p.m. GMT)

Markets held in deep negative territory today with major U.S. indices posting triple digit losses at the closing bell. Financial stocks took the hardest hit as market viewers felt that todays southbound trend initiated by profit taking, which is very possible. Traders saw hits taken by Citigroup (C), JPMorgan Chase (JPM), Bank of America (BAC) and American Express (AXP). The second worst DOW stock today was wielded by American Express (AXP). BB&T (BBT), Capital One Financial (COF) and Bancorp (USB) were all lower as well. News from BB&T (BBT) cut its dividend by 68% and will issue common shares to the tune of $1.5 billion.

Trading activity was generally quiet, the norm for a Monday. Upcoming trading sessions will likely bring more trading activity with the Monday blues out of day traders and investors systems. Overseas markets got off to the same start as the U.S. markets. Red across the board. Participating traders have been finding success during the early morning trading session, as well as the pre-market sessions. Patience is a virtue by all professional traders and most traders will admit, patience is a necessity in these markets.

U.S. Conference Board reported March Employment trends Index unrevised at 90.1 and April Employment trends Index fell 0.7% to 89.5.

Economic data released today: n/a

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 loss 155.80 points, EOD 8,418.85
NYSE (New York Stock Exchange) triple digit loss 151.09 points, EOD 5,849.30
National Association of Securities Dealers Automated Quotations (NASDAQ) loss 7.76 points, EOD 1,731.24
S&P 500 (SPX) loss 19.99 points, EOD 909.24
BEL 20 (BEL20) shed 40.55 points, EOD 2,085.68
CAC 40 (CAC40) shed 63.92 points, EOD 3,248.67
FTSE100 (UKX100) shed 26.59 points, EOD 4,435.50
NIKKEI 225 (NIK/O) gain 19.15 points, EOD 9,451.98

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 680, declined stock prices 1,997, unchanged stock prices 500, stock prices hitting new highs 10 and stock prices hitting new lows 17. 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: GS: shed 3.81 points, HOD $138.96, LOD $134.83, EOD $135.78; APA: shed 3.05 points, HOD $83.09, LOD $80.42, EOD $81.84; RTP: shed 4.54 points, HOD $183.57, LOD $176.85, EOD $181.43; PFG: gain 3.28 points, HOD $21.78, LOD $20.16, EOD $20.40; CF: gain 2.11 points, HOD $77.58, LOD $74.31, EOD $75.92; MA: shed 4.10 points, HOD $184.69, LOD $179.25, EOD $180.98; ICE: shed 5.00 points, HOD $96.27, LOD $92.00, EOD $92.28; WFC: shed 1.65 points, HOD $28.45, LOD $26.53, EOD $26.53; PNC: shed 4.17 points, HOD $52.00, LOD $46.68, EOD $48.90; CME: shed 4.74 points, HOD $246.88, LOD $239.78, EOD $243.61.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,131, declined stock prices 1,673 unchanged stock prices 99, stock prices hitting new highs 28 and stock prices hitting new lows 8. 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: PCLN: gain 3.98 points, HOD $110.32, LOD $102.15, EOD $108.88; BIDU: shed 6.01 point, HOD $244.80, LOD $237.00, EOD $239.99; DISH: gain 2.90 points, HOD $18.61, LOD $17.01, EOD $18.21; ROSE: shed 0.60 points, HOD $9.18, LOD $8.22, EOD $8.64; ISRG: gain 0.06 points, HOD $161.50, LOD $153.56, EOD $158.83; FSLR: gain 2.58 points, HOD $196.48, LOD $153.56, EOD $193.63; APOL: gain 2.84 points, HOD $60.58, LOD $56.50, EOD $59.91.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 224, declined stock prices 286, unchanged stock prices 105, stock prices hitting new highs 7 and stock prices hitting new lows 1.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) June 09: EOD 909.75; Change -15
E-mini NASDAQ-100 (NQ) June 09: EOD 1,396; Change 6.50
E-mini DOW $5 (YM) Dec 09: EOD 8,305; Change -10
E-mini S&P MidCap 400 (MF) June 09: EOD 573.80; Change -9.50
Nikkei 225 (Yen) June 09; EOD 9,360; Change -155

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7362 to U.S. Dollars 1.3584
Japanese Yen 97.39 to U.S. Dollars 0.0103
British Pound 0.6613 to U.S. Dollars 1.5122
Canadian Dollar 1.166 to U.S. Dollars 0.8576
Swiss Franc 1.1091 to U.S. Dollars 0.9016

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (June 09) shed $0.13, EOD $58.14 per barrel ($US per barrel)
Heating Oil (June 09) shed $0.02, EOD $1.49 a gallon ($US per gallon)
Natural Gas (June 09) shed $0.01, EOD $4.29 per million BTU ($US per mmbtu.)
Unleaded Gas (May 09) shed $0.03, EOD $1.68 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 09) shed $1.40, EOD $913.50 ($US per Troy ounce)
Silver (July 09) shed $0.05, EOD $13.91 ($US per Troy ounce)
Platinum (July 09) shed $26.40, EOD $1,120.70 ($US per Troy ounce)
Copper (July 09) shed $0.06, EOD $2.09 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) shed 0.43, EOD 67.78
Pork Bellies (July 09) shed 0.94 EOD 83.28
Live Cattle (June 09) gain 0.95, EOD 82.98
Feeder Cattle (August 09) gain 0.90, EOD 101.60

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 09) gain 0.25, EOD 421.25
Soybeans (July 09) gain 4.50, EOD 1,116

BOND MARKET:

2 year EOD 99 30/32, change 5/32, Yield 0.89, Yield change -0.08
5 year EOD 99 10/32, change 18/32, Yield 2.01, Yield change -0.13
10 year EOD 99 20/32, change 1 1/32, Yield 3.16, Yield change -0.12
30 year EOD 101 9/32, change 1 21/32, Yield  4.17, change -0.10