Median Home Prices

Daily Market Commentary for May 11, 2010

Median Home Prices

It was reported this morning that median home prices rose in the first quarter. (Read more at Millennium-Traders.Com)

Economic data released today:

IBD/TIPP Economic:
U.S. May IBD/TIPP 6-Month Economic Outlook 51.0; U.S. May IBD/TIPP Economic Optimism Index 48.7 versus 48.4 in April.

Wholesale Inventories (MoM):
U.S. Wholesale Sales rose 2.4%, Largest Gain Since November 2009; U.S. Mar Wholesale Inventories rose 0.4%; Expected to rise 0.5%.

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) shed 31.29 points, EOD 10,753.85
NYSE (New York Stock Exchange) shed 35.96, EOD 7,221.66
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 0.91points, EOD 2,375.58
S&P 500 (SPX) shed 4.05 points, EOD 1,155.68
BEL 20 (BEL20) shed 28.45 points, EOD 2,483.53
CAC 40 (CAC40) shed 27.09 points, EOD 3,693.20
FTSE100 (UKX100) shed 53.21 points, EOD 5,334.21
NIKKEI 225 (NIK/O) shed 119.6, EOD 10,411.10

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,727, declined stock prices 1,414, unchanged stock prices 74, stock prices hitting new highs 58 and stock prices hitting new lows 14. 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: GS shed 1.68, HOD 145.50, LOD 141.55, EOD 142.15; CME shed 3.6808, HOD 333.85, LOD 327.46, EOD 329.20; LDX unchanged, HOD N/A, LOD N/A, EOD 9.67; MFB gain 3.15, HOD 25.31, LOD 23.70, EOD 24.95; AGO shed 1.85, HOD 18.69, LOD 17.75, EOD 18.13; MBI shed 0.58, HOD 8.98, LOD 8.01, EOD 8.75; FAS shed 0.33, HOD 32.34, LOD 29.88, EOD 30.95; DF shed 0.89, HOD 10.32, LOD 9.38, EOD 9.58; MA shed 7.25, HOD 227.49, LOD 221.24, EOD 223.06.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,627, declined stock prices 1,082, unchanged stock prices 114, stock prices hitting new highs 61 and stock prices hitting new lows 29. 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: AAPL gain 2.53, HOD 259.89, LOD 250.50, EOD 256.52; PCLN shed 30.18, HOD 222.74, LOD 208.89, EOD 219.57; BIDU gain 19.39, HOD 716.67, LOD 681.22, EOD 714.17; SLXP gain 1.61, HOD 39.51, LOD 36.81, EOD 37.99; FOSL gain 3.20, HOD 42.59, LOD 40.39, EOD 41.06; DNDN gain 2.68, HOD 47.73, LOD 42.41, EOD 46.50; NFLX gain 2.32, HOD 102.15, LOD 95.58, EOD 99.82.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 300, declined stock prices 197, unchanged stock prices 38, stock prices hitting new highs 19 and stock prices hitting new lows 7.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1153.00; Change -3.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,938.00; Change -1.50
E-mini DOW $5 (YM) Mar 10: EOD 10,711; Change -30
E-mini S&P MidCap 400 (MF) Mar 10: EOD 797.30; Change 2.20
Nikkei 225 (Yen) Mar 10: EOD 10,440; Change -265

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7876 to U.S. Dollars 1.2700
Japanese Yen 92.7350 to U.S. Dollars 0.0107
British Pound 0.6684 to U.S. Dollars 1.5000
Canadian Dollar 1.0212 to U.S. Dollars 0.9790
Swiss Franc 1.1093 to U.S. Dollars 0.9011

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (June 10) shed $0.43, EOD $76.37 per barrel ($US per barrel)
Heating Oil (June 10) gain $0.01, EOD $2.14 a gallon ($US per gallon)
Natural Gas (June 10) shed $0.03, EOD $4.13 per million BTU ($US per mmbtu.)
Unleaded Gas (June 10) gain $0.02, EOD $2.20 gallon ($US per gallon)

Metals Markets - Comex:
Gold (May 10) gain $19.50, EOD $1,219.90 ($US per Troy ounce)
Silver (May 10) gain $0.74, EOD $19.27 ($US per Troy ounce)
Platinum (May 10) gain $7.30, EOD $1,698.80 ($US per Troy ounce)
Copper (May 10) shed $0.02, EOD $3.19 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (May 10) shed $0.67, EOD $87.92
Pork Bellies (May 10) shed $0.70, EOD $102.00
Live Cattle (June 10) gain $0.10 EOD $96.80
Feeder Cattle (May 10) shed $0.52, EOD $112.10

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) gain $6.75, EOD $369.75
Soybeans (May 10) gain $5.50, EOD $958.75

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