USA stock market daily report by Millenium Traders (May 14, 2009, Thursday, 10.30 p.m. GMT)

Date: 14 May 2009

Major U.S. indices closed higher on the session today, with another nice trading session for day traders, with plenty of price action trading. Trading activity has shown substantial improvement this week, providing much more opportunity for profit potential for day traders and investors, for that matter. Activity has improved for both the long and short selling traders. Don't know if it could be called a rally but, merely improved trading action. Even though jobless claims climbed when anticipation was for them to move lower, traders shrugged off the bad news and enjoyed the trading activity. Chrysler reported today that almost 800 dealerships will be eliminated, across the U.S.A. in wake of the bankruptcy filings. General Motors (GM) is expected to hand pink slips to approximately 1,200 dealerships that their trend with GM has come to an end.

Economic data released today:

Producer Price Index:
U.S. April Producer Prices rose 0.3% compared to consensus of an increase by 0.1%; U.S. April PPI Excluding-Food & Energy rose 0.1% compared to consensus of an increase by 0.1%; U.S. April PPI Intermediate Goods fell 0.5%; U.S. Apr PPI Intermediate Goods Core fell 0.9%; U.S. April PPI Crude Goods rose 3.0%; U.S. April PPI Crude Goods Core fell 0.6%; U.S. April PPI Energy Prices fell 0.1%; U.S. April Passenger Car Prices rose 0.2%; U.S. March PPI Unrevised at a drop by 1.2%.

Jobless Claims:
U.S. Jobless Claims for week of May 9 rose by 32K to 637K compared to survey of an increase by 10K; U.S. May 2 Week Continuing Claims rose by 202K to 6,560,000; U.S. Week of May 2 Jobless Claims revised to 605K from 601K.

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 45.24 points, EOD 8,330.13
NYSE (New York Stock Exchange) gain 66.98 points, EOD 5,733.45
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 25.02 points, EOD 1,689.21
S&P 500 (SPX) gain 9.15 points, EOD 893.07
BEL 20 (BEL20) loss 38 points, EOD 1,978.37
CAC 40 (CAC40) gain 3.39 points, EOD 3,156.29
FTSE100 (UKX100) gain 31.21 points, EOD 4,362.58
NIKKEI 225 (NIK/O) triple digit loss 246.76 points, EOD 9,093.73

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,952, declined stock prices 722, unchanged stock prices 492, stock prices hitting new highs 1 and stock prices hitting new lows 8. 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: RTP: gain 8.53 points, HOD $161.23, LOD $150.77, EOD $159.45; KSS: shed 0.71 points, HOD $43.95, LOD $40.97, EOD $41.24; ANW: shed 1.50 points, HOD $14.26, LOD $11.82, EOD $13.25; CME: gain 14.38 points, HOD $297.18, LOD $281.80, EOD $288.48; SKF: shed 2.93 points, HOD $49.72, LOD $45.11, EOD $45.89; CLF: gain 1.17 points, HOD $22.29, LOD $20.62, EOD $22.01; ENS: shed 2.54 points, HOD $16.29, LOD $14.87, EOD $15.21; PNC: gain 0.92 points, HOD $44.69, LOD $40.36, EOD $43.12; URS: gain 3.05 points, HOD $47.20, LOD $44.41, EOD $46.19.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,865, declined stock prices 871 unchanged stock prices 103, stock prices hitting new highs 13 and stock prices hitting new lows 13. 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 2.19 points, HOD $184.63, LOD $177.65, EOD $181.69; APOL: gain 2.86 points, HOD $64.60, LOD $61.10, EOD $3.87.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 273, declined stock prices 239, unchanged stock prices 100, stock prices hitting new highs 5 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) June 09: EOD 889.50; Change 4.50
E-mini NASDAQ-100 (NQ) June 09: EOD 1,354.25; Change 1.25
E-mini DOW $5 (YM) June 09: EOD 8,289; Change -7
E-mini S&P MidCap 400 (MF) June 09: EOD 548.50; Change 4.20
Nikkei 225 (Yen) June 09; EOD 9,140; Change 55

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7332 to U.S. Dollars 1.3638
Japanese Yen 95.76 to U.S. Dollars 0.0104
British Pound 0.6569 to U.S. Dollars 1.5223
Canadian Dollar 1.1703 to U.S. Dollars 0.8545
Swiss Franc 1.1044 to U.S. Dollars 0.9055

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (June 09) gain $0.60, EOD $58.52 per barrel ($US per barrel)
Heating Oil (June 09) no change, EOD $1.49 a gallon ($US per gallon)
Natural Gas (June 09) shed $0.04, EOD $4.29 per million BTU ($US per mmbtu.)
Unleaded Gas (May 09) gain $0.03, EOD $1.72 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 09) gain $2.50, EOD $928.40 ($US per Troy ounce)
Silver (July 09) gain $0.02, EOD $14.04 ($US per Troy ounce)
Platinum (July 09) shed $5.70, EOD $1,117.50 ($US per Troy ounce)
Copper (July 09) no change, EOD $2.03 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) shed 0.95, EOD 67
Pork Bellies (July 09) shed 2.00 EOD 73.55
Live Cattle (June 09) gain 0.03, EOD 82.85
Feeder Cattle (August 09) gain 0.43, EOD 101.65

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 09) gain $1.75, EOD 428.25
Soybeans (July 09) gain $19.50, EOD 1,147.50

BOND MARKET:

2 year EOD 100 1/32, change 1/32, Yield 0.85, Yield change -0.02
5 year EOD 99 18/32, change 2/32, Yield 1.96, Yield change -0.02
10 year EOD 100 7/32, change 5/32, Yield 3.09, Yield change -0.02
30 year EOD 103 6/32, change 18/32, Yield 4.06, change -0.10

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