Dow Jones Index

Daily Market Commentary for March 27, 2009

Even though the Dow Hones Industrial Average (DOW) posted a triple digit loss today, it still posted its best three week move since 1982. (read more at Millennium-Traders.Com)

Economic data released today:

Personal Income and Outlays:
US Personal Income fell 0.2% in February compared to consensus of a drop by 0.2%; U.S. Personal Spending rose 0.2% in February compare to Consensus of an increase by 0.2%; U.S. February PCE Core Price Index rose at rate of 0.2% on the Month; U.S. February PCE Core Price Index rose at rate of 1.8% on the Year; U.S. February PCE Price Index rose at rate of 0.3% on the Month; U.S. February PCE Price Index rose at rate of 1.0% on the Year; U.S. January Personal Income Revised to an increase by 0.2% from an increase by 0.4%; U.S. January Spending Revised to an increase by 1.0% from an increase by 0.6%.

Consumer Sentiment provided by the University of Michigan:
12-Month Inflation Forecast rose 2.0% compared to February gain of 1.9%; 5-Year Inflation Forecast rose 2.6% compared to February gain by 3.1%; End-March Sentiment came in at 57.3 compared to February reading of 56.3; End-March Current Index came in at 63.3 compared to February 65.5; End-March Expectations came in at 53.5 compared to February 50.5; Preliminary March Sentiment was 56.6.

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 148.38 points to end the trading session at 7,776.18
NYSE (New York Stock Exchange) triple digit loss of 133.89 points to end the trading session at 5,096.64
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 41.80 points to end the trading session at 1,545.20
S&P 500 (SPX) loss of 16.92 points to end the trading session at 815.94
BEL 20 (BEL20) loss of 31.60 points to end the trading session at 1,751.56
CAC 40 (CAC40) loss of 51.45 points to end the trading session at 2,840.62
FTSE100 (UKX100) loss of 26.35 points to end the trading session at 3,898.85
NIKKEI 225 (NIK/O) loss of 9.36 points to end the trading session at 8,626.97

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 564, declined stock prices 2,125, unchanged stock prices 456, stock prices hitting new highs 7 and stock prices hitting new lows 5. 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: Hess (NYSE: HES) stock price shed 5.36 points on the trading session, high on the trading session $62.30, low on the trading session $57.77, with a closing stock price at $58.23; SYNNEX (NYSE: SNX) stock price gained 3.96 points on the trading session, high on the trading session $20.71, low on the trading session $18.46, with a closing stock price at $20.14; Accenture Limited (NYSE: ACN) stock price shed 4.30 points on the trading session, high on the trading session $28.36, low on the trading session $26.86, with a closing stock price at $27.66; Alon USA Energy (NYSE: ALJ) stock price shed 1.47 points on the trading session, high on the trading session $14.82, low on the trading session $13.37, with a closing stock price at $13.93; BlackRock (NYSE: BLK) stock price shed 9.20 points on the trading session, high on the trading session $133.75, low on the trading session $127.18, with a closing stock price at $127.49; MasterCard (NYSE: MA) stock price shed 2.41 points on the trading session, high on the trading session $169.88, low on the trading session $164.57, with a closing stock price at $167.47; ProShares Ultrashort S&P 500 (NYSE: SDS) stock price gained 2.39 points on the trading session, high on the trading session $75.81, low on the trading session $73.76, with a closing stock price at $75.17; Waters (NYSE: WAT) stock price gained 3.34 points on the trading session, high on the trading session $38.78, low on the trading session $33.86, with a closing stock price at $37.51.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 703, declined stock prices 2,090, unchanged stock prices 114, stock prices hitting new highs 18 and stock prices hitting new lows 13. 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: Lululemon Athletica (NasdaqGS: LULU) stock price gained 0.87 points on the trading session, high on the trading session $8.88, low on the trading session $7.75, with a closing stock price at $8.54; Google (NasdaqGS: GOOG) stock price shed 5.59 points on the trading session, high on the trading session $352, low on the trading session $345.47, with a closing stock price at $347.70; Consolidated Water Company Limited (NasdaqGS: CWCO) stock price gained 2.22 points on the trading session, high on the trading session $11.28, low on the trading session $8.36, with a closing stock price at $10.50; First Solar (NasdaqGS: FSLR) stock price shed 2.91 points on the trading session, high on the trading session $154.16, low on the trading session $141, with a closing stock price at $147.48.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 225, declined stock prices 314, unchanged stock prices 106, stock prices hitting new highs 2 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) June 09: End of trading session price 815.50; Change for the trading session -11.75
E-mini NASDAQ-100 (NQ) June 09: End of trading session price 1,254.25; Change for the trading session -18.75
E-mini DOW $5 (YM) June 09: End of trading session price 7,847576; Change for the trading session -92
E-mini S&P MidCap 400 (MF) June 09: End of trading session price 498.90; Change for the trading session -10.60

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7526 to U.S. Dollars 1.3288
Japanese Yen 97.87 to U.S. Dollars 0.0102
British Pound 0.6985 to U.S. Dollars 1.4317
Canadian Dollar 1.238 to U.S. Dollars 0.8078
Swiss Franc 1.1446 to U.S. Dollars 0.8737

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (May 09) shed $1.96 on the trading session for a closing price of $52.38 per barrel ($US per barrel)
Heating Oil (May 09) shed $0.05 on the trading session for a closing price of $1.43 a gallon ($US per gallon)
Natural Gas (May 09) shed $0.30 on the trading session for a closing price of $3.76 per million BTU ($US per mmbtu.)
Unleaded Gas (April 09) shed $0.04 on the trading session for a closing price of $1.49 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 09) shed $16.90 on the trading session for a closing price of $925.30 ($US per Troy ounce)
Silver (May 09) shed $0.36 on the trading session for a closing price of $13.26 ($US per Troy ounce)
Platinum (July 09) shed $17.30 on the trading session for a closing price of $1,137.70 ($US per Troy ounce)
Copper (May 09) shed $0.02 on the trading session for a closing price of $1.84 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) shed 0.38 on the trading session for a closing price of 71.78
Pork Bellies (May 09) gained 0.90 on the trading session for a closing price of 85.90
Live Cattle (June 09) shed 0.28 on the trading session for a closing price of 81.58
Feeder Cattle (May 09) shed 0.65 on the trading session for a closing price of 94.30

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 09) shed 3.75 on the trading session for a closing price of 387.00
Soybeans (May 09) shed 27.00 on the trading session for a closing price of 917.50

BOND MARKET:
2 year Bond Closing price 99 29/32, change 0, Yield 0.91, Yield change 0.00
5 year Bond closing price of 99 24/32, change 8/32, Yield 1.79, Yield change 0.00
10 year Bond closing price 99 29/32, change -7/32, Yield 2.75, Yield change 0.02
30 year Bond closing price 97 830/32, change 20/32, Yield 3.61, Yield change -0.03

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

Stocks Trading Room:
Jeannie $9,145
Barry $10,231
Sam $2,053
Scott $1,914

Futures Trading Room:
JT $4,267.50
Marco $4,710

Forex Trading Room:
JT $7,300

Daily Swing Trades:
Barry $8,270

Thanks for reading
Millennium-Traders.Com