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Best Buy

Discussion in 'Forex Daily News & Outlook' started by MTnews, Dec 15, 2009.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for December 15, 2009

    Best Buy

    Electronic retailer Best Buy reported better-than-expected third-quarter earnings this morning. (Read more at Millennium-Traders.Com)

    Economic data released today:

    PPI [Producer Price Index]:
    U.S. November Producer Prices rose 1.8% compared to consensus of an increase by 1.0%; U.S. November PPI Ex-Food & Energy rose 0.5%; compared to consensus of an increase by 0.2%; U.S. November PPI Intermediate Goods rose 1.4%; Core rose 0.3%; U.S. November PPI Crude Goods rose 5.7%; Core fell 0.8%; U.S. November PPI Energy Prices rose 6.9%; U.S. November Passenger Car Prices fell 2.0%; U.S. October PPI Unrevised at +0.3%.

    New York Empire State Manufacturing Index:
    New York Fed's December Manufacturing Index 2.55 versus 23.51 in November; New York Fed December New Orders 2.20 versus 16.66 in November; New York Fed December Employment fell 5.26 versus 1.32 in November; New York Fed December Prices Received fell 9.21 versus a decrease by 2.63 in November.

    Redbook:
    U.S. Retail Sales First 2 Weeks December fell 5.1% versus November; U.S. Retail Sales First 2 Weeks December rose 1.3% versus December Year-Ago; U.S. Retail Sales rose 1.5% Week Ended December 12 versus Year-Ago.

    TIC [Treasury International Capital] Net Long-Term Transactions:
    Net LT Securities Purchases $20.7B in October; Net Foreign Capital Outflow $13.9B in October; Foreigners Net Buyers $38.9B U.S. Treasury Notes, Bonds in October; Foreigners Net Sellers $5.6B of U.S. Agency Debt in October; Foreigners Net Sellers $0.5B of US Corp Bonds in October; Foreigners Net Buyers $10.5B of US Equities in October.

    Capacity Utilization Rate:
    U.S. November Capacity Utilization rose 0.7-point at 71.3%; compared to consensus of 71.1%; U.S. October Capacity Use Revised to 70.6% from 70.7%.

    Industrial Production:
    U.S. November Industrial Production rose 0.8%; compared to consensus of an increase by 0.5%; U.S. October Industrial Production Revised to Unchanged% from an increase by 0.1%.

    NAHB Housing Market Index:
    U.S. NAHB December Housing Index 16 versus 17 in November.

    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 53.05 points, EOD 10,448.00
    NYSE (New York Stock Exchange) shed 45.05, EOD 7,141.44
    National Association of Securities Dealers Automated Quotations (NASDAQ) shed 11.25 points, EOD 2,200.85
    S&P 500 (SPX) shed 6.02 points, EOD 1,108.09
    BEL 20 (BEL20) gain 1.9 points, EOD 2,508.76
    CAC 40 (CAC40) gain 3.65 points, EOD 3,834.09
    FTSE100 (UKX100) shed 29.57 points, EOD 5,285.77
    NIKKEI 225 (NIK/O) gain 28.92 points, EOD 10,083.48

    New York Stock Exchange (NYSE) stock market indicators for the trading session today:
    Advanced stock prices 1,211 declined stock prices 1,902, unchanged stock prices 75, stock prices hitting new highs 215 and stock prices hitting new lows 4. 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: BBY shed 3.38, HOD 43.14, LOD 40.96, EOD 41.53; GY shed 1.39, HOD 7.83, LOD 7.01, EOD 7.06; POT gain 0.64, HOD 119.80, LOD 116.25, EOD 117.20; WFC gain 0.17, HOD 26.32, LOD 25.00, EOD 25.66; PAY gain 0.52, HOD 15.57, LOD 14.41, EOD 15.46; RTP shed 5.89, HOD 207.19, LOD 203.00, EOD 204.04; CME shed 1.78, HOD 332.62, LOD 329.45, EOD 331.25; EDC shed 3.36, HOD 133.36, LOD 129.41, EOD 130.08; MA shed 1.93, HOD 249.64, LOD 244.72, EOD 245.55; GS shed 3.36, HOD 166.00, LOD 162.11, EOD 162.74.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
    Advanced stock prices 1,047, declined stock prices 1,704, unchanged stock prices 118, stock prices hitting new highs 142 and stock prices hitting new lows 28. 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: FSLR gain 0.34, HOD 142.66, LOD 137.54, EOD 138.99; AAPL shed 2.81, HOD 197.51, LOD 193.27, EOD 194.17; AMZN shed 1.15, HOD 132.46, LOD 129.59, EOD 130.23; BIDU shed 0.51, HOD 429.80, LOD 421.70, EOD 424.00.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
    Advanced stock prices 204, declined stock prices 314, unchanged stock prices 46, stock prices hitting new highs 17 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) Dec 09: EOD 1101.75; Change -6.75
    E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,794.50; Change -13.25
    E-mini DOW $5 (YM) Dec 09: EOD 10,377; Change -60
    E-mini S&P MidCap 400 (MF) Mar 10: EOD 712.40; Change 1.20
    Nikkei 225 (Yen) Mar 10: EOD 10,095; Change 30

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.6880 U.S. Dollars 1.4534
    Japanese Yen 89.5900 to U.S. Dollars 0.0112
    British Pound 0.6144 to U.S. Dollars 1.6275
    Canadian Dollar 1.0615 to U.S. Dollars 0.9421
    Swiss Franc 1.0399 to U.S. Dollars 0.9616

    COMMODITY MARKETS:
    Energy Sector - Nymex:
    Light Crude (January 10) gain $1.18, EOD $60.69 per barrel ($US per barrel)
    Heating Oil (January 10) shed $0.00, EOD $1.90 a gallon ($US per gallon)
    Natural Gas (January 10) gain $0.14, EOD $5.58 per million BTU ($US per mmbtu.)
    Unleaded Gas (January 10) gain $0.02, EOD $1.85 a gallon ($US per gallon)

    Metals Markets - Comex:
    Gold (February 10) shed $1.10, EOD $1,122.70 ($US per Troy ounce)
    Silver (March 10) gain $0.13, EOD $17.47 ($US per Troy ounce)
    Platinum (January 10) gain $5.50, EOD $1,452.50 ($US per Troy ounce)
    Copper (March 10) shed $0.01, EOD $3.14 ($US per pound)

    Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
    Lean Hogs (February 10) gain $1.55, EOD $67.43
    Pork Bellies (February 10) gain $2.50, EOD $91.60
    Live Cattle (February 10) gain $0.98, EOD $84.95
    Feeder Cattle (January 10) gain $1.13, EOD $93.03

    Other Commodities - Chicago Board of Trade (cents per bushel):
    Corn (march 10) shed $1.00, EOD $407.50
    Soybeans (January 10) gain $0.25, EOD $1,062.00

    BOND MARKET:
    2 year EOD 99 25/32, change 0, Yield 0.86, Yield change 0.01
    5 year EOD 99 1/32, change -6/32, Yield 2.32 Yield change 0.04
    10 year EOD 98 8/32, change -8/32, Yield 3.58 Yield change 0.03
    30 year EOD 97 21/32, change -17/32, Yield 4.51, change 0.03

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