USA stock market daily report by Millenium Traders (May 18 2009, Monday, 10.30 p.m. GMT)

Date: 18 May 2009

Ahead of the Memorial Day holiday, drivers are watching gas prices slowly increase, so much for the cheap gas prices we've experienced. During the past three weeks the price at the pump has risen 25 cents a gallon. Its amazing how gas prices always rise ahead of and during, major U.S. holidays. Just another way for the consumer to be gouged at the gas pump to make the fat cats in the oil industry, even fatter. To top it off, then we start to hear stories of problems in Nigeria (didn't we know of some problem weeks ago before the price at the pump started to surge?!?) and of course refinery fires at a Sunoco refinery (have there not been any refinery fires in the past few months as the price at the pump sank?!?).

The markets were plain and simply, sluggish. Although major U.S. indices posted triple digit gains at the closing bell, trading action was pitiful for day traders throughout the session. Traders were able to post mild gains during the trading session amidst the Bull run but, gains were minimal. Whip action occurred when stocks decided to make a move, increasing the dismal trading atmosphere.

Economic data released today:

NAHB Housing Market Index: U.S. NAHB May housing index 16 versus 14 in April.

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 235.44 points, EOD 8,504.08
NYSE (New York Stock Exchange) triple digit gain 202.98 points, EOD 5,865.87
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 52.22 points, EOD 1,732.36
S&P 500 (SPX) gain 26.83 points, EOD 909.71
BEL 20 (BEL20) gain 44.34 points, EOD 2,049.67
CAC 40 (CAC40) gain 76.34 points, EOD 3,245.39
FTSE100 (UKX100) gain 98.34 points, EOD 4,446.45
NIKKEI 225 (NIK/O) triple digit loss 226.33 points, EOD 9,038.69

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,734, declined stock prices 387, unchanged stock prices 63, stock prices hitting new highs 10 and stock prices hitting new lows 6. 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: AFL: gain 3.38 points, HOD $35.73, LOD $32.50, EOD $35.52; DDS: gain 2.64 points, HOD $10.26, LOD $8.57, EOD $10.15; MOS: gain 3.70 points, HOD $55, LOD $52.02, EOD $55; STT: gain 3.09 points, HOD $41.86, LOD $38.12, EOD $41.60; CME: gain 10.88 points, HOD $290, LOD $279.35, EOD $288.18; RTP: gain 9.13 points, HOD $168.59, LOD $159.14, EOD $168.14; BAC: gain 1.03 points, HOD $12.10, LOD $11.52, EOD $11.70; LOW: gain 1.53 points, HOD $20.65, LOD $19.18, EOD $19.98; MDT: shed 0.56 points, HOD $34.21, LOD $33.13, EOD $33.96; BA: gain 1.37 points, HOD $44.53, LOD $43.81, EOD $44.37; IBN: gain 5.91 points, HOD $32.47, LOD $29, EOD $29.30; ESI: shed 2.52 points, HOD $102.75, LOD $96.58, EOD $99.21; POT: gain 2.71 points, HOD $111.46, LOD $107.83, EOD $109.85; DVN: gain 3.02 points, HOD $61.88, LOD $59.12, EOD $61.52.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,223, declined stock prices 555 unchanged stock prices 110, stock prices hitting new highs 31 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: FSLR: gain 7.47 points, HOD $184.98, LOD $176.87, EOD $184.90.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 411, declined stock prices 153, unchanged stock prices 57, stock prices hitting new highs 10 and stock prices hitting new lows 3.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) June 09: EOD 908.75; Change 24
E-mini NASDAQ-100 (NQ) June 09: EOD 1,398.25; Change 32.75
E-mini DOW $5 (YM) June 09: EOD 8,473; Change 204
E-mini S&P MidCap 400 (MF) June 09: EOD 559; Change -5.30
Nikkei 225 (Yen) June 09; EOD 9,370; Change 5

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7375 to U.S. Dollars 1.356
Japanese Yen 96.30 to U.S. Dollars 0.0104
British Pound 0.6516 to U.S. Dollars 1.5346
Canadian Dollar 1.1615 to U.S. Dollars 0.861
Swiss Franc 1.1138 to U.S. Dollars 0.8978

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (June 09) gain $2.69, EOD $59.09 per barrel ($US per barrel)
Heating Oil (June 09) gain $0.08, EOD $1.50 a gallon ($US per gallon)
Natural Gas (June 09) gain $0.05, EOD $4.27 per million BTU ($US per mmbtu.)
Unleaded Gas (May 09) gain $0.08, EOD $1.76 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 09) shed $9.60, EOD $921.70 ($US per Troy ounce)
Silver (July 09) shed $0.18, EOD $13.83 ($US per Troy ounce)
Platinum (July 09) gain $28.60, EOD $1,137.60 ($US per Troy ounce)
Copper (July 09) gain $0.05, EOD $2.07 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) gain 0.03, EOD 68.60
Pork Bellies (July 09) gain 0.30 EOD 73.40
Live Cattle (June 09) gain 0.60, EOD 83.13
Feeder Cattle (August 09) gain 0.18, EOD 101.83

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 09) gain $4.25, EOD 421.50
Soybeans (July 09) gain $16, EOD 1,146.50

BOND MARKET:

2 year EOD 99 29/32, change -4/32, Yield 0.91, Yield change 0.06
5 year EOD 99 1/32, change -12/32, Yield 2.08, Yield change 0.08
10 year EOD 99 3/32, change -25/32, Yield 3.23, Yield change 0.10
30 year EOD 100 28/32, change -1 31/32, Yield 4.19, change 0.11

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