President Obama

[MTnews]

Daily Market Commentary for January 19, 2009 from

The seating of the new President, the first African American to hold the position, provides a new sense of hope for the dire conditions the United States economy is in. ()

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 of 332.13 points to end the trading session at 7,949.09
NYSE (New York Stock Exchange) triple digit loss of 329.44 points to end the trading session at 5,058.06
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 88.47 points to end the trading session at 1,440.86
S&P 500 (SPX) loss of 44.90 points to end the trading session at 805.22
FTSE All-World Index data excluding U.S. (AW01UK) loss of 6.98 points to end the trading session at 133.33
FTSE RAFI 1000 triple digit loss of 188.55 points to end the trading session at 3,055.35
BEL 20 (BEL20) loss of 48.91 points to end the trading session at 1,802.74
CAC 40 (CAC40) loss of 91.47 points to end the trading session at 2,925.28
FTSE100 (UKX100) loss of 55.66 points to end the trading session at 4,091.40
NIKKEI 225 (NIK/O) triple digit loss of 164.36 points at the end the trading session at 8,065.79

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 346, declined stock prices 2,806, unchanged stock prices 51, stock prices hitting new highs 2 and stock prices hitting new lows 135. 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: State Street Corporation (NYSE: STT) stock price shed 21.46 points on the trading session, high on the trading session $20.19, low on the trading session $14.43, with a closing stock price at $14.89; ConocoPhillips Incorporated (NYSE: COP) stock price shed 3.69 points on the trading session, high on the trading session $48.71, low on the trading session $45.46, with a closing stock price at $45.69; ProShares Ultrashort S&P 500 (NYSE: SDS) stock price gained 8.14 points on the trading session, high on the trading session $87.09, low on the trading session $79.71, with a closing stock price at $86.88; Apache Corporation (NYSE: APA) stock price shed 4.39 points on the trading session, high on the trading session $75.34, low on the trading session $69.76, with a closing stock price at $70.10; ProShares Ultrashort Financials (NYSE: SKF) stock price gained 44.53 points on the trading session, high on the trading session $200.00, low on the trading session $166.18, with a closing stock price at $199.43; Direxion Financial Bear (NYSE: FAZ) stock price gained 25.54 points on the trading session, high on the trading session $88.67, low on the trading session $69.82, with a closing stock price at $88.15; CME Group Incorporated (NYSE: CME) stock price shed 15.43 points on the trading session, high on the trading session $172.27, low on the trading session $159.07, with a closing stock price at $159.07.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 411, declined stock prices 2,415, unchanged stock prices 92, stock prices hitting new highs 10 and stock prices hitting new lows 160. 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: SVB Financial Group Incorporated (NasdaqGS: SIVB) stock price shed 2.23 points on the trading session, high on the trading session $22.41, low on the trading session $19.76, with a closing stock price at $20.34; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 7.42 points on the trading session, high on the trading session $146.37, low on the trading session $137.76, with a closing stock price at $138.00.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 206, declined stock prices 372, unchanged stock prices 53, stock prices hitting new highs 1 and stock prices hitting new lows 11.

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 806.75; Change for the trading session -41.75
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,148.25; Change for the trading session -48.75
E-mini DOW $5 (YM) Mar 09: End of trading session price 7,953; Change for the trading session -290
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 510.00; Change for the trading session -30.30
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 7,775; Change for the trading session -425

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7759 to U.S. Dollars 1.2889
Japanese Yen 89.8800 to U.S. Dollars 0.0111
British Pound 0.7189 to U.S. Dollars 1.3910
Canadian Dollar 1.2656 to U.S. Dollars 0.7901
Swiss Franc 1.1473 to U.S. Dollars 0.8716

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (February 09) gained $2.23 on the trading session for a closing price of $38.74 per barrel ($US per barrel)
Heating Oil (March 09) shed $0.09 on the trading session for a closing price of $1.37 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.18 on the trading session for a closing price of $4.67 per million BTU ($US per mmbtu.)
Unleaded Gas (February 09) shed $0.02 on the trading session for a closing price of $1.14 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 09) gained $15.30 on the trading session for a closing price of $855.20 ($US per Troy ounce)
Silver (March 09) shed $0.04 on the trading session for a closing price of $11.18 ($US per Troy ounce)
Platinum (April 09) shed $4.00 on the trading session for a closing price of $943.90 ($US per Troy ounce)
Copper (March 09) shed $0.02 on the trading session for a closing price of $1.50 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 09) shed 0.33 on the trading session for a closing price of 65.70
Pork Bellies (February 09) shed 2.65 on the trading session for a closing price of 80.68
Live Cattle (April 09) shed 2.33 on the trading session for a closing price of 85.35
Feeder Cattle (March 09) shed 2.63 on the trading session for a closing price of 91.75

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) shed 7.50 on the trading session for a closing price of 383.50
Soybeans (March 09) shed 28.00 on the trading session for a closing price of 992.00

BOND MARKET:
2 year Bond Closing price 100 10/32, change 1/32, Yield 0.70, Yield change -0.03
5 year Bond closing price of 100 3/32, change -2/32, Yield 1.47, Yield change 0.10
10 year Bond closing price 112, change -9/32, Yield 2.37, Yield change 0.17
30 year Bond closing price 129 30/32, change -1 19/32, Yield 2.96, Yield change 0.0103

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