Username Password
S&P 500: 1,342.64 Change: +0.17%
MTnews
At least 5 active picks are required to calculate a P&P score.

MTnews' Blog : Christopher Dodd

Date March 11, 2010    Comments Comments (1)    Rate this post Recommend This Post (40)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This
Free Options Trader Guide
Daily Market Commentary for March 11, 2010

Christopher Dodd

Senate Banking Committee Chairman Christopher Dodd said Thursday, he will move ahead with financial regulation regardless of bipartisan backing. (Read more at Millennium-Traders.Com) http://www.millennium-traders.com/news/marketcommentarymarch1110.aspx

Economic data released today:

Trade Balance:
U.S. December Trade Balance Revised to Deficit $39.90B from Deficit $40.18B; U.S. January Trade Deficit $37.29B; Compared to Consensus Deficit $41.0B; U.S. January Exports $142.66B, fell 0.3%; Imports $179.95B, fell 1.7%.

Initial Jobless Claims:
U.S. February 27 Week Jobless Claims Revised to 468K from 469K; U.S. February 27 Week Continuing Claims rose 37K to 4,558,000; U.S. Jobless Claims fell 6K to 462K in Week of March 6; compared to Survey of a decrease by 9K.

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 41.19 points, EOD 10,608.52
NYSE (New York Stock Exchange) gain 25.54, EOD 7,353.21
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 8.09 points, EOD 2,367.04
S&P 500 (SPX) gain 4.23 points, EOD 1,149.84
BEL 20 (BEL20) shed 20.64 points, EOD 2,613.52
CAC 40 (CAC40) shed 14.6 points, EOD 3,928.95
FTSE100 (UKX100) shed 23.31, EOD 5,617.26
NIKKEI 225 (NIK/O) gain 17.05 points, EOD 10,664.95

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,781, declined stock prices 1,300, unchanged stock prices 109, stock prices hitting new highs 282 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: AIG shed 1.12, HOD 38.45, LOD 35.02, EOD 35.12; RTP shed 0.27, HOD 224.46, LOD 219.00, EOD 224.23; MA gain 0.59, HOD 250.50, LOD 246.14, EOD 250.19; CME gain 5.38, HOD 313.28, LOD 305.92, EOD 313.28; BLK shed 5.29, HOD 215.46, LOD 209.65, EOD 210.41; MW shed 1.28, HOD 24.14, LOD 22.90, EOD 23.55.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,516, declined stock prices 1,140, unchanged stock prices 154, stock prices hitting new highs 195 and stock prices hitting new lows 9. 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: HITK gain 1.15, HOD 27.00, LOD 25.77, EOD 26.65; AAPL gain 0.66, HOD 225.50, LOD 223.32, EOD 225.50; IMAX shed 0.16, HOD 17.60, LOD 15.03, EOD 15.86; FSLR gain 2.74, HOD 115.70, LOD 109.95, EOD 113.69; GYMB gain 5.09, HOD 51.94, LOD 49.15, EOD 51.38; BIDU gain 4.93, HOD 556.37, LOD 545.38, EOD 554.10; HOLX gain 1.73, HOD 19.56, LOD 17.40, EOD 19.28; GEOY gain 3.77, HOD 29.35, LOD 27.00, EOD 28.50; HOTT shed 0.30, HOD 6.56, LOD 6.10, EOD 6.25.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 268, declined stock prices 211, unchanged stock prices 49, stock prices hitting new highs 23 and stock prices hitting new lows 4.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1149.50; Change 3.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,923.00; Change 4.25
E-mini DOW $5 (YM) Mar 10: EOD 10,606; Change 41
E-mini S&P MidCap 400 (MF) Mar 10: EOD 781.90; Change 4.30
Nikkei 225 (Yen) Mar 10: EOD 10,700; Change 85

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7310 U.S. Dollars 1.3680
Japanese Yen 90.5500 to U.S. Dollars 0.0110
British Pound 0.6641 to U.S. Dollars 1.5059
Canadian Dollar 1.0238 to U.S. Dollars 0.9768
Swiss Franc 1.0683 to U.S. Dollars 0.9361

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (April 10) gain $0.12, EOD $82.21 per barrel ($US per barrel)
Heating Oil (April 10) unchanged, EOD $2.12 a gallon ($US per gallon)
Natural Gas (May 10) shed $0.11, EOD $4.51 per million BTU ($US per mmbtu.)
Unleaded Gas (April 10) shed $0.01, EOD $2.27 gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 10) unchanged, EOD $1,108.10 ($US per Troy ounce)
Silver (May 10) gain $0.15, EOD $17.17 ($US per Troy ounce)
Platinum (April 10) gain $20.80, EOD $1,611.00 ($US per Troy ounce)
Copper (May 10) gain $0.01, EOD $3.38 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 10) shed $0.45, EOD $80.20
Pork Bellies (May 10) shed $0.50, EOD $92.50
Live Cattle (June 10) gain $0.23, EOD $91.95
Feeder Cattle (April 10) gain $0.08, EOD $105.10

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) unchanged, EOD $365.25
Soybeans (May 10) shed $26.50, EOD $930.50

BOND MARKET:
2 year EOD 99 27/32, change -3/32, Yield 0.95, Yield change 0.05
5 year EOD 99 26/32, change -5/32, Yield 2.41 Yield change 0.03
10 year EOD 99 5/32, change 2.10/32, Yield 3.72 Yield change 0.00
30 year EOD 99 10/32, change 12/32, Yield 4.66, change -0.02

Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

Visitors may subscribe to our free Weekly Market News for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
Millennium-Traders.Com http://www.millennium-traders.com/index.aspx
Tags : NASDAQ   SPX   BEL20   CAC40   UKX100   NYSE   AMEX   ES   NQ   YM   MF  

1 Comment(s):

Author JoeJustJoe     Date March 11, 2010 18:46 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Translation? >>>"Okay you Wall St criminals, during my tenure in office I have done everything I can to make sure you got the golden carrot...from banking reform legislation to making sure you fellahs could lend $250000 on homes that were actually werth $100000 to fokes with credit ratings that were lower then the current unemployment numbers. I even turned a blind eye when you leveraged these loans 50/1 and sold em to Hung Chow in Bejing. When the entire house of cards came tumblin down and Uncle Fester came running to me and said 'It looks like we fugged up' well i was the first one in line to make sure yuns guys got a $29394588467289675 bailout. Heck...I even made sure thousands of fokes with a lifetime vested interest in General Motors were left with nothin just so you banking crooks could survive. Well, this crapola is 'finally' lookin like its starting to catch up with me and I'm 'purty sure' my chances of re-election are about as GOOG as Prez O'Bomba's. So I'm tellin you guys right cheeya n now. I'm gonna come out with some purty tuff language against you guys come Mon in 'hopes' I can salvage what little dignity I have left. You know and I know that's 'probly' not much as it's a little too late for my sorry azz....sore azz too as I have been spending a tad too much time with that homo Barney Frank! Anyhoo, as I'm sure you noticed by now the prices of your individual bank stocks are at a point of where it's about all I can give ya. Do yerselves a flavor....cash in noooooow. I'll get back to you in Dec after thur are no further rammifications...ifn I kin even break my Barney Frank habit that is....and I'll let you know where to send my check. Please delete this Email trnsmission from your wreckerds" ...sincerely...and from your partner in crime...Christopher Dodd. :o
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links