Unemployment Rates

[MTnews]

Daily Market Commentary for January 9, 2009 from

We haven't seen this many jobs lost in over 60 years or since World War II. ()

Economic data released today:

Employment Situation:
U.S. December Nonfarm Payrolls fell by 524K compared to consensus of a drop by 525K; U.S. December Unemployment Rate 7.2% compared to consensus of 7.0%; U.S. December Average Hourly Earnings increased by $0.05 to $18.36; U.S. December Manufacturing Payrolls fell by 149K; U.S. December Service-Producing Payrolls fell by 273K; U.S. December Overall Workweek fell by 0.2 Hour to 33.3 Hours; U.S. November Payrolls Revised to a drop by 584K from drop by 533K; U.S. November Unemployment Revised to 6.8% from 6.7%; U.S. December Unemployment Rate Highest since January 1993; U.S. Lost 2.6 Million Jobs in 2008 which is the most since 1945.

Wholesale Trade:
U.S. November Wholesale Inventories fell by 0.6% compared to expectations of a drop by 0.8%.

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 of 143.28 points to end the trading session at 8,599.18
NYSE (New York Stock Exchange) triple digit loss of 133.45 points to end the trading session at 5,703.69
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 45.42 points to end the trading session at 1,571.59
S&P 500 (SPX) loss of 19.38 points to end the trading session at 890.35
FTSE All-World Index data excluding U.S. (AW01UK) loss of 2.49 points to end the trading session at 149.38
FTSE RAFI 1000 loss of 76.84 points to end the trading session at 3,428.06
BEL 20 (BEL20) loss of 2.62 points to end the trading session at 1,973.95
CAC 40 (CAC40) loss of 24.83 points to end the trading session at 3,299.50
FTSE100 (UKX100) loss of 56.83 points to end the trading session at 4,448.54
NIKKEI 225 (NIK/O) loss of 39.62 points at the end the trading session at 8,836.80

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 941, declined stock prices 2,202, unchanged stock prices 63, stock prices hitting new highs 5 and stock prices hitting new lows 11. 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: Chevron Corporation (NYSE: CVX) stock price shed 1.42 points on the trading session, high on the trading session $74.00, low on the trading session $72.20, with a closing stock price at $72.82; Coach Incorporation (NYSE: COH) stock price shed 2.79 points on the trading session, high on the trading session $19.45, low on the trading session $18.01, with a closing stock price at $18.11; Smith & Nephew plc (NYSE: SNN) stock price shed 0.17 points on the trading session, high on the trading session $36.57, low on the trading session $35.84, with a closing stock price at $36.01; IHS Incorporated (NYSE: IHS) stock price gained 5.80 points on the trading session, high on the trading session $48.99, low on the trading session $44.65, with a closing stock price at $45.85; Deutsche Bank AG (NYSE: DB) stock price shed 3.11 points on the trading session, high on the trading session $33.82, low on the trading session $32.18, with a closing stock price at $32.18; Airgas Incorporated (NYSE: ARG) stock price gained 0.33 points on the trading session, high on the trading session $38.95, low on the trading session $35.20, with a closing stock price at $38.50; ProShares Ultrashort Financials (NYSE: SKF) stock price gained 7.02 points on the trading session, high on the trading session $119.21, low on the trading session $109.71, with a closing stock price at $118.46; ProShares Ultrashort S&P 500 (NYSE: SDS) stock price gained 2.88 points on the trading session, high on the trading session $72.37, low on the trading session $68.62, with a closing stock price at $71.95; CME Group Incorporated (NYSE: CME) stock price shed 4.02 points on the trading session, high on the trading session $194.50, low on the trading session $188.00, with a closing stock price at $188.20.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 713, declined stock prices 2,093, unchanged stock prices 112, stock prices hitting new highs 15 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: Apollo Group Incorporated (NasdaqGS: APOL) stock price gained 9.16 points on the trading session, high on the trading session $87.61, low on the trading session $84.56, with a closing stock price at $86.38; Express Scripts Incorporated (NasdaqGS: ESRX) stock price shed 2.94 points on the trading session, high on the trading session $53.79, low on the trading session $51.20, with a closing stock price at $52.56; First Solar Incorporated (NasdaqGS: FSLR) stock price gained 5.79 points on the trading session, high on the trading session $165.20, low on the trading session $155.77, with a closing stock price at $161.15; Intuitive Surgical Incorporated (NasdaqGS: ISRG) stock price shed 6.95 points on the trading session, high on the trading session $110.00, low on the trading session $101.05, with a closing stock price at $103.59.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 279, declined stock prices 300, unchanged stock prices 67, stock prices hitting new highs 4 and stock prices hitting new lows 6.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 09: End of trading session price 885.00; Change for the trading session -21.50
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,221.00; Change for the trading session -28.50
E-mini DOW $5 (YM) Mar 09: End of trading session price 8,530; Change for the trading session -166
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 526.90; Change for the trading session -17.00
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 8,690; Change for the trading session -265

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7440 to U.S. Dollars 1.3441
Japanese Yen 90.260 to U.S. Dollars 0.0111
British Pound 0.6588 to U.S. Dollars 1.5179
Canadian Dollar 1.1877 to U.S. Dollars 0.8420
Swiss Franc 1.1133 to U.S. Dollars 0.8982

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (February 09) shed $0.87 on the trading session for a closing price of $40.83 per barrel ($US per barrel)
Heating Oil (February 09) shed $0.03 on the trading session for a closing price of $1.49 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.07 on the trading session for a closing price of $5.49 per million BTU ($US per mmbtu.)
Unleaded Gas (February 09) gained $0.02 on the trading session for a closing price of $1.11 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 09) gained $0.50 on the trading session for a closing price of $855.00 ($US per Troy ounce)
Silver (March 09) gained $0.22 on the trading session for a closing price of $11.32 ($US per Troy ounce)
Platinum (April 09) gained $10.90 on the trading session for a closing price of $1,005.50 ($US per Troy ounce)
Copper (March 09) gained $0.08 on the trading session for a closing price of $1.56 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 09) shed 0.03 on the trading session for a closing price of 62.45
Pork Bellies (February 09) shed 0.90 on the trading session for a closing price of 83.58
Live Cattle (February 09) shed 0.05 on the trading session for a closing price of 83.10
Feeder Cattle (March 09) gained 0.45 on the trading session for a closing price of 92.68

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) gained 4.00 on the trading session for a closing price of 410.75
Soybeans (March 09) gained 46.50 on the trading session for a closing price of 1,036.00

BOND MARKET:
2 year Bond Closing price 100 7/32, change 5/32, Yield 0.75, Yield change -0.08
5 year Bond closing price of 99 30/32, change 11/32, Yield 1.51, Yield change -0.07
10 year Bond closing price 111 29/32, change 11/32, Yield 2.38/, Yield change -0.06
30 year Bond closing price 128 2/32, change -1/32, Yield 3.04, Yield change 0.00

At the close of the week, performance results for our Moderators:

Stocks Trading Room:
Jeannie $3,016
Barry $7,698
Sam $5,486

Futures Trading Room:
JT $ 5,442.50
James $1,470

Forex Trading Room:
JT $20,550

Daily Swing Trades:
Barry $11,860

Thanks for reading