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Daily Market Commentary for February 17, 2009 from Millennium-Traders.Com

Just how many times has Donald Trump been involved in bankruptcy filings? (read more)

Economic data released today:

Empire State Manufacturing Survey:
New York Fed's February Manufacturing Index fell 34.65 versus drop of 22.20 in January; New York Fed February New Orders fell 30.51 versus drop of 22.81 in January; New York Fed February Employment fell 39.08 versus drop of 26.14 in January; New York Fed February Prices Received -20.69 versus drop of 3.41 in January.

Housing Market Index:
U.S. National Association for Home Builders (NAHB) February Housing Index 9 versus 8 in January.

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 297.96 points to end the trading session at 7,552.45
NYSE (New York Stock Exchange) triple digit loss of 267.65 points to end the trading session at 4,939.11
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 63.70 points to end the trading session at 1,470.66
S&P 500 (SPX) loss of 37.67 points to end the trading session at 787.17
BEL 20 (BEL20) loss of 49.01 points to end the trading session at 1,783.23
CAC 40 (CAC40) triple digit loss of 122.63 points to end the trading session at 2,875.23
FTSE100 (UKX100) triple digit loss of 155.46 points to end the trading session at 4,034.13
NIKKEI 225 (NIK/O) triple digit loss of 300.43 points at the end the trading session at 7,645.51

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 236, declined stock prices 2,912, unchanged stock prices 57, stock prices hitting new highs 6 and stock prices hitting new lows 233. 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: Eni S.p.A. (NYSE: E) stock price shed 2.20 points on the trading session, high on the trading session $43.29, low on the trading session $42.26, with a closing stock price at $42.26; ProShares Ultrashort Real Estate (NYSE: SRS) stock price gained 9.59 points on the trading session, high on the trading session $79.00, low on the trading session $74.11, with a closing stock price at $78.35; POSCO (NYSE: PKX) stock price shed 8.73 points on the trading session, high on the trading session $59.98, low on the trading session $56.56, with a closing stock price at $57.43; Deere & Company (NYSE: DE) stock price shed 2.62 points on the trading session, high on the trading session $34.78, low on the trading session $33.03, with a closing stock price at $33.49; ProShares Ultrashort Financials (NYSE: SKF) stock price gained 23.57 points on the trading session, high on the trading session $169.96, low on the trading session $157.76, with a closing stock price at $169.10; MasterCard Incorporated (NYSE: MA) stock price shed 6.81 points on the trading session, high on the trading session $159.46, low on the trading session $152.66, with a closing stock price at $155.09; PowerShares DB Crude Oil (NYSE: DTO) stock price gained 27.41 points on the trading session, high on the trading session $243.58, low on the trading session $230.54, with a closing stock price at $242.80.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 417, declined stock prices 2,375, unchanged stock prices 117, stock prices hitting new highs 3 and stock prices hitting new lows 213. 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: Itron Incorporated (NasdaqGS: ITRI) stock price shed 3.75 points on the trading session, high on the trading session $57.25, low on the trading session $53.49, with a closing stock price at $54.21; Schnitzer Steel Industries (NasdaqGS: SCHN) stock price shed 5.15 points on the trading session, high on the trading session $42.12, low on the trading session $36.29, with a closing stock price at $37.89; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 10.95 points on the trading session, high on the trading session $142.87, low on the trading session $133.18, with a closing stock price at $133.50.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 156, declined stock prices 409, unchanged stock prices 51, stock prices hitting new highs 5 and stock prices hitting new lows 26.

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 787.25; Change for the trading session -32.750
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,183.25; Change for the trading session -46
E-mini DOW $5 (YM) Mar 09: End of trading session price 7,520; Change for the trading session -259
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 480.50; Change for the trading session -19.80
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 7,425; Change for the trading session -260

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7935 to U.S. Dollars 1.2602
Japanese Yen 92.360 to U.S. Dollars 0.0108
British Pound 0.7020 to U.S. Dollars 1.4246
Canadian Dollar 1.2646 to U.S. Dollars 0.7908
Swiss Franc 1.1677 to U.S. Dollars 0.8564

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (March 09) shed $2.58 on the trading session for a closing price of $34.93 per barrel ($US per barrel)
Heating Oil (March 09) shed $0.12 on the trading session for a closing price of $1.18 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.24 on the trading session for a closing price of $4.22 per million BTU ($US per mmbtu.)
Unleaded Gas (March 09) shed $0.09 on the trading session for a closing price of $1.11 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 09) gained $25.30 on the trading session for a closing price of $967.50 ($US per Troy ounce)
Silver (March 09) gained $0.39 on the trading session for a closing price of $14.01 ($US per Troy ounce)
Platinum (April 09) gained $37.30 on the trading session for a closing price of $1,098.90 ($US per Troy ounce)
Copper (March 09) shed $0.11 on the trading session for a closing price of $1.44 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 09) shed 2.70 on the trading session for a closing price of 61.05
Pork Bellies (March 09) shed 0.55 on the trading session for a closing price of 80.95
Live Cattle (April 09) shed 2.78 on the trading session for a closing price of 84.23
Feeder Cattle (March 09) shed 2.85 on the trading session for a closing price of 91.63

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) shed 13.75 on the trading session for a closing price of 359.00
Soybeans (March 09) shed 53.25 on the trading session for a closing price of 904.50

BOND MARKET:

2 year Bond Closing price 100 1/32, change 7/32, Yield 0.85, Yield change -0.11
5 year Bond closing price of 100 14/32, change 1, Yield 1.65, Yield change -0.21
10 year Bond closing price 100 31/32, change 2 7/32, Yield 2.63, Yield change -0.26
30 year Bond closing price 100 16/32, change 3 21/32, Yield 3.47, Yield change -0.29

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