Microsoft

[MTnews]

Daily Market Commentary for January 22, 2009 from

Microsoft missed earnings estimate and announced job cuts of 5000 employees over the next 18 months and will release 1800 employees immediately. ()

Economic data released today:

Housing Starts:
U.S. December Housing Starts fell 15.5% to 550,000 compared to consensus of a drop by 4.0%; Building Permits fell 10.7% to 549,000 rate in December; November Housing Starts revised to drop by 15.1% from drop by 18.9%.

Jobless Claims:
U.S. Jobless Claims for week of January 17 rose 62K to 589K compared to survey of an increase by 26K; U.S. Continuing Claims for week of January 10 rose 97K to 4,607,000; U.S. Jobless Claims Revised for week of January 10 to 527K from 524K; U.S. Jobless Claims match highest level since November 1982.

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 105.30 points to end the trading session at 8,122.80
NYSE (New York Stock Exchange) triple digit loss of 102.31 points to end the trading session at 5,171.68
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 41.58 points to end the trading session at 1,465.49
S&P 500 (SPX) loss of 12.74 points to end the trading session at 827.50
FTSE All-World Index data excluding U.S. (AW01UK) loss of 1.16 points to end the trading session at 134.73
FTSE RAFI 1000 loss of 61.63 points to end the trading session at 3,127.67
BEL 20 (BEL20) gain of 10.41 points to end the trading session at 1,805.38
CAC 40 (CAC40) loss of 35.95 points to end the trading session at 2,869.62
FTSE100 (UKX100) loss of 7.65 points to end the trading session at 4,052.23
NIKKEI 225 (NIK/O) triple digit gain of 150.10 points at the end the trading session at 8,051.74

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 662, declined stock prices 2,418, unchanged stock prices 92, stock prices hitting new highs 3 and stock prices hitting new lows 78. 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: BB&T Corporation (NYSE: BBT) stock price shed 0.05 points on the trading session, high on the trading session $22.30, low on the trading session $17.56, with a closing stock price at $19.65; ITT Educational Services Incorporated (NYSE: ESI) stock price gained 11.61 points on the trading session, high on the trading session $130.76, low on the trading session $120.72, with a closing stock price at $126.16; Potash Corporation Saskatchewan (NYSE: POT) stock price gained 4.02 points on the trading session, high on the trading session $74.04, low on the trading session $66.12, with a closing stock price at $73.19; Amdocs Limited (NYSE: DOX) stock price shed 2.10 points on the trading session, high on the trading session $16.73, low on the trading session $14.61, with a closing stock price at $16.53; Sherwin Williams Company (NYSE: SHW ) stock price shed 7.22 points on the trading session, high on the trading session $49.60, low on the trading session $46.95, with a closing stock price at $48.20; ProShares Ultrashort Real Estate (NYSE: SRS) stock price gained 5.17 points on the trading session, high on the trading session $64.96, low on the trading session $57.47, with a closing stock price at $62.76; Phillips-Van Heusen Corporation (NYSE: PVH) stock price shed 0.77 points on the trading session, high on the trading session $18.68, low on the trading session $17.16, with a closing stock price at $18.04; AFLAC Corporation (NYSE: AFL) stock price shed 13.37 points on the trading session, high on the trading session $33.50, low on the trading session $22.08, with a closing stock price at $22.90; State Street Corporation (NYSE: STT) stock price gained 3.90 points on the trading session, high on the trading session $21.95, low on the trading session $16.84, with a closing stock price at $20.97; Direxion Financial Bear (NYSE: FAZ) stock price gained 9.00 points on the trading session, high on the trading session $70.22, low on the trading session $58.67, with a closing stock price at $66.20; ProShares Ultrashort Financials (NYSE: SKF) stock price gained 15.26 points on the trading session, high on the trading session $175.39, low on the trading session $154.55, with a closing stock price at $167.66; CME Group Incorporated (NYSE: CME) stock price shed 11.58 points on the trading session, high on the trading session $177.56, low on the trading session $157.10, with a closing stock price at $169.00; ProShares Ultrashort S&P 500 (NYSE: SDS) stock price gained 2.18 points on the trading session, high on the trading session $84.84, low on the trading session $79.40, with a closing stock price at $81.61.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 671, declined stock prices 2,084, unchanged stock prices 138, stock prices hitting new highs 6 and stock prices hitting new lows 123. 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: FS Network Incorporated (NasdaqGS: FFIV) stock price gained 1.00 points on the trading session, high on the trading session $23.44, low on the trading session $22.10, with a closing stock price at $23.00.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 195, declined stock prices 362, unchanged stock prices 58, stock prices hitting new highs 1 and stock prices hitting new lows 5.

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 825.50; Change for the trading session -11.25
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,172.50; Change for the trading session -9.00
E-mini DOW $5 (YM) Mar 09: End of trading session price 8,089; Change for the trading session -84
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 497.30; Change for the trading session -8.00
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 7,870; Change for the trading session -140

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7696 to U.S. Dollars 1.2994
Japanese Yen 88.780 to U.S. Dollars 0.0113
British Pound 0.7211 to U.S. Dollars 1.3868
Canadian Dollar 1.2531 to U.S. Dollars 0.7980
Swiss Franc 1.1538 to U.S. Dollars 0.8667

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (March 09) gained $0.12 on the trading session for a closing price of $43.67 per barrel ($US per barrel)
Heating Oil (March 09) shed $0.03 on the trading session for a closing price of $1.35 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.09 on the trading session for a closing price of $4.64 per million BTU ($US per mmbtu.)
Unleaded Gas (February 09) shed $0.08 on the trading session for a closing price of $1.09 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 09) gained $9.20 on the trading session for a closing price of $859.30 ($US per Troy ounce)
Silver (March 09) gained $0.04 on the trading session for a closing price of $11.37 ($US per Troy ounce)
Platinum (April 09) gained $7.30 on the trading session for a closing price of $934.90 ($US per Troy ounce)
Copper (March 09) shed $0.04 on the trading session for a closing price of $1.40 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 09) gained 0.05 on the trading session for a closing price of 65.40
Pork Bellies (February 09) no change on the trading session for a closing price of 82.00
Live Cattle (April 09) gained 0.20 on the trading session for a closing price of 85.40
Feeder Cattle (March 09) gained 0.95 on the trading session for a closing price of 92.30

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) shed 2.75 on the trading session for a closing price of 387.50
Soybeans (March 09) shed 8.50 on the trading session for a closing price of 1,012.00

BOND MARKET:

2 year Bond Closing price 100 8/32, change 2/32, Yield 0.74, Yield change -0.03
5 year Bond closing price of 99 14/32, change -1/32, Yield 1.61, Yield change 0.00
10 year Bond closing price 109 27/32, change -24/32, Yield 2.60, Yield change 0.08
30 year Bond closing price 123 14/32, change -2 7/32, Yield 3.25, Yield change 0.10

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