Hudson River

Daily Market Commentary for January 15, 2009 from Millennium-Traders.Com

U.S. Airways Flight 1549 apparently hit a bird or birds and the pilots safely landed the plane, in the Hudson River. (read more)
http://www.millennium-traders.com/news/newscommentary.aspx

Economic data released today:

Producer Price Index:
U.S. December PPI Energy Prices fell 9.3%; U.S. December Passenger Car Prices rose 1.2%; U.S. November PPI Unrevised at a drop by 2.2%; U.S. December Producer Prices fell 1.9% compared to consensus of a drop by 2.0%; U.S. December PPI Excluding-Food & Energy rose 0.2% compared to consensus of an increase by 0.1%; U.S. December PPI Intermediate Goods fell 4.2%; U.S. December PPI Core Intermediate Goods fell 3.0%; U.S. December PPI Crude Goods fell 5.3%; U.S. December PPI Core Crude Goods fell 2.2%; U.S. December PPI Energy Prices fell 9.3%; U.S. December Passenger Car Prices increased by 1.2%; U.S. November PPI Unrevised at a drop by 2.2%.

Jobless Claims:
U.S. Jobless Claims for week of January 10 rose 54K to 524K compared to survey of an increase by 46K; U.S. Continuing Claims for week of January 3 fell 115K to 4,497,000; U.S. Revised Jobless Claims for week of January 3 to 470K from 467K.

Empire State Manufacturing Survey:
New York Fed January Prices Received fell 3.41 versus drop by 11.70 in December; New York Fed January Employment fell 26.14 versus drop by 23.40 in December; New York Fed January New Orders fell 22.81 versus drop by 23.51 in December; New York Fed’s January Mfg Index fell 22.20 versus drop by 27.88 in December.

Philadelphia Fed Survey:
Philadelphia Fed January Business Index fell 24.3 versus December drop by 36.1; Philadelphia Fed January Business Index expected a drop by 36.1; Philadelphia Fed January Price Paid fell 27.0 versus December drop by 25.5; Philadelphia Fed January Price Received fell 26.2 versus December drop by 32.8; Philadelphia Fed January Employment fell 39.0 versus December drop by 28.6; Philadelphia Fed January New Orders fell 22.3 versus December drop by 28.2; Philadelphia Fed January Shipments fell 16.7 versus December drop by 29.7; Philadelphia Fed January Delivery Times fell 26.5 versus December drop by 22.7; Philadelphia Fed January Inventories fell 34.6 versus December drop by 33.7.

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 of 12.35 points to end the trading session at 8,212.49
NYSE (New York Stock Exchange) gain of 19.07 points to end the trading session at 5,347.75
National Association of Securities Dealers Automated Quotations (NASDAQ) gain of 22.20 points to end the trading session at 1,511.84
S&P 500 (SPX) gain of 1.12 points to end the trading session at 843.74
FTSE All-World Index data excluding U.S. (AW01UK) loss of 0.71 points to end the trading session at 138.60
FTSE RAFI 1000 loss of 5.02 points to end the trading session at 3,223.37
BEL 20 (BEL20) loss of 34.16 points to end the trading session at 1,856.11
CAC 40 (CAC40) loss of 56.12 points to end the trading session at 2,995.88
FTSE100 (UKX100) loss of 59.53 points to end the trading session at 4,121.11
NIKKEI 225 (NIK/O) triple digit loss of 415.14 points at the end the trading session at 8,023.31

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,640, declined stock prices 1,484, unchanged stock prices 79, stock prices hitting new highs 3 and stock prices hitting new lows 99. 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: MasterCard Incorporated (NYSE: MA) stock price shed 15.00 points on the trading session, high on the trading session $144.75, low on the trading session $128.56, with a closing stock price at $130.30; M&T Bank Corporation (NYSE: MTB) stock price shed 2.59 points on the trading session, high on the trading session $44.75, low on the trading session $40.56, with a closing stock price at $42.59; Apache Corporation (NYSE: APA) stock price gained 0.95 points on the trading session, high on the trading session $74.68, low on the trading session $69.83, with a closing stock price at $74.23; Clarcor Incorporated (NYSE: CLC) stock price gained 4.94 points on the trading session, high on the trading session $32.60, low on the trading session $29.40, with a closing stock price at $32.43; Ecolab Incorporated (NYSE: ECL) stock price gained 2.51 points on the trading session, high on the trading session $36.08, low on the trading session $34.30, with a closing stock price at $35.52; Federal Realty Investment Trust (NYSE: FRT) stock price shed 1.55 points on the trading session, high on the trading session $52.29, low on the trading session $47.77, with a closing stock price at $50.52.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,528, declined stock prices 1,275, unchanged stock prices 139, stock prices hitting new highs 4 and stock prices hitting new lows 108. 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: Trimble Navigation Limited (NasdaqGS: TRMB) stock price shed 4.12 points on the trading session, high on the trading session $16.19, low on the trading session $14.06, with a closing stock price at $15.54; Apple Incorporated (NasdaqGS: AAPL) stock price shed 1.68 points on the trading session, high on the trading session $84.12, low on the trading session $80.05, with a closing stock price at $83.65; Cypress Bioscience Incorporated (NasdaqGS: CYPB) stock price gained 2.40 points on the trading session, high on the trading session $10.00, low on the trading session $7.52, with a closing stock price at $9.61; First Solar Incorporated (NasdaqGS: FSLR) stock price gained 9.20 points on the trading session, high on the trading session $146.48, low on the trading session $134.88, with a closing stock price at $142.58.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 253, declined stock prices 330, unchanged stock prices 53, stock prices hitting new highs 3 and stock prices hitting new lows 10.

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 841.50; Change for the trading session 2.25
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,181.50; Change for the trading session 4.25
E-mini DOW $5 (YM) Mar 09: End of trading session price 8,183; Change for the trading session 18
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 509.00; Change for the trading session 0.80
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 8,075; Change for the trading session 0

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7617 to U.S. Dollars 1.3129
Japanese Yen 89.76 to U.S. Dollars 0.0111
British Pound 0.6828 to U.S. Dollars 1.4646
Canadian Dollar 1.2529 to U.S. Dollars 0.7981
Swiss Franc 1.1245 to U.S. Dollars 0.8893

COMMODITY MARKETS:

Energy Sector – Nymex:
Light Crude (February 09) shed $1.88 on the trading session for a closing price of $34.70 per barrel ($US per barrel)
Heating Oil (February 09) gained $0.02 on the trading session for a closing price of $1.48 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.13 on the trading session for a closing price of $4.90 per million BTU ($US per mmbtu.)
Unleaded Gas (February 09) gained $0.01 on the trading session for a closing price of $1.17 a gallon ($US per gallon)

Metals Markets – Comex:
Gold (February 09) shed $1.50 on the trading session for a closing price of $807.30 ($US per Troy ounce)
Silver (March 09) shed $0.04 on the trading session for a closing price of $10.44 ($US per Troy ounce)
Platinum (April 09) shed $13.60 on the trading session for a closing price of $931.50 ($US per Troy ounce)
Copper (March 09) shed $0.03 on the trading session for a closing price of $1.45 ($US per pound)

Livestock and Meat Markets – Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 09) shed 0.85 on the trading session for a closing price of 65.85
Pork Bellies (February 09) shed 1.25 on the trading session for a closing price of 83.80
Live Cattle (April 09) gained 0.48 on the trading session for a closing price of 87.30
Feeder Cattle (March 09) shed 0.33 on the trading session for a closing price of 94.30

Other Commodities – Chicago Board of Trade (cents per bushel):
Corn (March 09) shed 1.25 on the trading session for a closing price of 365.25
Soybeans (March 09) gained 23.00 on the trading session for a closing price of 994.50

BOND MARKET:

2 year Bond Closing price 100 9/32, change 0, Yield 0.73, Yield change 0.02
5 year Bond closing price of 100 18/32, change -3/32, Yield 1.37, Yield change 0.01
10 year Bond closing price 113 17/32, change -7/32, Yield 2.20, Yield change 0.00
30 year Bond closing price 132 11/32, change 17/32, Yield 2.86, Yield change -0.02

Thanks for reading
Millennium-Traders.Com
http://www.millennium-traders.com

MTnews
http://www.articlesbase.com/personal-finance-articles/hudson-river-723897.html

Horse Race Trading Formula – Strategies, Systems And Success For Betfair – Part 2

Regardless of platform, all traders will be faced with a series of tough questions, mental debates and challenges on a daily basis.

Here are four important questions, one of which will be in any traders head at any given time.

1 If the price of a stock that I hold is still rising I would be foolish to sell when it could go up even further?

2 Should i wait till the stock starts to fall before selling? The price has been rising steadily, it won’t crash overnight will it?

3 If the stock has just plummeted then something is wrong with this company and it is not worth buying?

4 The stock is soaring, I must buy now or I will lose out?

Although all these four statements appear to make sense, on closer analysis it can be seen that for basic fundamental reasons an experienced trader should know innately that all four statements are in fact incorrect, for one of the fundamental reasons outlined below.

1 When a stock is “oversold” we can say that supply exceeds demand and so the price will fall, conversely if demand exceeds supply the stock is “overbought” the price will rise. How do we as traders pinpoint the specific point where the demand/supply ratio is about to switch?

2 This is of course the eternal, essential question and the answer is we don’t. It is impossible to predict the “exact” point at which a market switch event will occur, despite hundreds of attempts involving expensive computer programmes etc.

3 The volatility of your stock is intimately linked to news and events that in some way will affect your stock. Some of this news can of course at first glance seem completely unrelated to your particular stock ie the global economy can affect the entire index for your stock and movements of the index then directly affect your given stock.

4 We have seen in the recent credit crunch how corrections in one particular sector – the banking sector can affect the entire market around the globe wiping billions of dollars off literally every index, from commodities to pharmaceuticals. The Market is NOT king. Confidence in the market IS king.

5 When a market “switch” event does occur it can often create a stampede amongst traders which can wipe out recent gains in a matter of minutes, this is the herd mentality and can leave stocks hugely undervalued after a selling spree.

Experienced traders know that following a market crash is in fact not a time to be negative, and in fact this is the prime time to buy certain stocks which have been “oversold” as they represent “value” buys.

But as always there are important caveats, if a stock has crashed because a company is being liquidated then it obviously does not represent value at any price.

If it is undervalued because the entire index has simply suffered a bout of selling or a crisis of confidence then we can be assured that at some point confidence will return and the stock will rise again.

However in times of crisis it can seem difficult to muster up the courage to start buying again, and this is where novice traders lose out.

So how do you as a day trader make use of this mass of information to trade on the stock market.

Well you do it because it is your job, but many day traders fail and many are indeed turning to the betting exchanges as an alternative where their skills can be put to better use.

In many ways the betting exchanges offer a more coherent overall view of the market and volatility. With fast internet and racing TV a race trader has ALL the means to assess relevant aspects of volatility In advance of the market. Its all about control.

Also as the stock only exists for less than one day, the trades are closed at the end of each race and a trader can go to sleep knowing that nothing untoward can happen to his equities overnight.

Day traders come to the betting exchanges with a solid background in Technical Analysis and Fundamentals, they will have experienced the pain of losing trades and will understand the relationship between volatility, liquidity and the market spread.

For day traders used to working the stock market, the betting exchanges offer fast turnover, quicker more agile trades.

Why bother with the slow torture of leaving medium/ long term trades open in the stock market when you can have made 5 or 6 trades in 15 minutes on one single horse race.

Lets look at the benefits of trading horses on Betfair

* You choose which horse and which race to bet on.

* You know the exact time of the race and therefore the time that the trade will close.

* Medium term trades can be opened early morning or the night before and closed during the afternoon of the race.

* Pure scalpers can use short term scalp, swing and momentum trades which can be opened and closed in the 15 minutes before a race as liquidity soars.

* Trades can even be placed during the actual event taking advantages of extreme volatility. (not for the faint hearted and not for those without racing TV).

* At the end of each days racing a trader can examine the profit and loss account to see precisely the fruits of his days labour.

* You can forget about the global economy, forget about events out of your control, forget about the 8.30 am opening time on the markets and forget about boring economics and accounting.

The fundamentals which are part of your armoury are all online at:

1. http://www.racingpost.co.uk
2. http://www.oddschecker.com
3. http://www.attheraces.com
4. http://www.sportinglife.com

Technical Analysis platforms allow you to take your trading to the next level and they are a steal compared to the expensive financial packages that day traders will have been used to.

Bet Angel Professional is the flagship trading platform for Betfair, the real time Supercharting facility is recognised as second to none.

Ladder trading allows you whole market views of liquidity, and one click trading with offset allows you to fire trades into the market in microseconds stealing a big advantage over users stuck with the standard Betfair interface.

Simple chart setups using Quick Moving Average Back Price, Price Envelope’s, and Long Weight of Money Moving Average highlight simple scalp, swing and momentum trades in the pre race markets.

Most importantly you need to decide on your opening pot, you need a willingness to learn your new trade or platform and the confidence that your mindset is strong enough to cope with this type of career.

So just for the record what has since become of the poor online casino operator.

By Oct 2 2006 from a peak of 176p PartyGaming was down at 47p, following one of the biggest one day losses (56%) in FTSE 100 history.

Today it totters happily around 25p, a realistic price/earnings ratio, using a realistic and sustainable business model without flouting any established legislation.

Who knows, with the recent change of leadership in the US, the gambling legislation may be reversed and the reverse fortune could occur for this particular operator.

What can we take from this cautionary tale as we sail off to the betting exchanges; Quite simply, make volatility and liquidity your best friends as the alternative situation could truly represent Armageddon for your finances.

What can we learn?

1 Learn to spot trends early on

2 Identify and analyse potential risks using fundamentals

3 Use technical analysis software to take the heat out of timing your trades.

4 Get in early before the herd stampedes onto a likely winner.

5 Get out early before the herd flies over the edge of the cliff.

Remember if volatility scared you in stocks it will terrify you in horse racing.

Mike Davies
http://www.articlesbase.com/sports-and-fitness-articles/horse-race-trading-formula-strategies-systems-and-success-for-betfair-part-2-672061.html

Stock Market Day Trading System 2009 > Stock Market Education & Training – Learn to Trade Online

By.-  http://www.MomentumStockTrading.com

In the stock market its always possible to watch certain stocks rise beyond 50% within a days. And even when you can learn about stock traders that make $3000 on a single trade, it is also not unusual to watch beginner investors lose a great deal of money because of a series of unwise decisions. The problem is that if you don’t know how to pick among stocks & how to properly approach them you could end up wasting a good amount of cash. You can’t just trade stocks like if you where gambling in Vegas or Atlantic City.

The first step to becoming a profitable trader is to learn from REALISTIC trading strategies that can show You how to pick and trade stocks. Bogus trading software programs and complicated day trading systems that rely on a “boat load” of technical analysis indicators can confuse you and froze you up right when a good opportunity shows up.

Also, don’t think that just because a trading system or stock market program promises that you can come up with 8 winning trades for every 10 that you place you will end up making money. To become a profitable day trader your winning trades have to overcome your loser ones in terms of dollars and cents.

In the end, stock trading is all about buying and selling according to your specific knowledge FILTER. Once you master and follow your proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.

Stock Market Basics
http://www.articlesbase.com/entrepreneurship-articles/stock-market-day-trading-system-2009-gt-stock-market-education-training-learn-to-trade-online-690998.html

Seasonality and the Stock Market

“To everything (turn, turn, turn)
There is a season (turn, turn, turn)
And a time for every purpose, under heaven

A time to be born, a time to die
A time to plant, a time to reap
A time to kill, a time to heal
A time to laugh, a time to weep” – The Byrds

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Just like the seasons in which flowers blossom in the spring, torrential downpours come in the summer, the leaves change in the fall, and snowflakes fall in the winter, there are patterns that exist within the stock market that recur year after year.

For example the Santa Claus rally usually takes place during the last 5 trading days of the year and the first 2 trading days in January. This time period has averaged a 1.4% gain since 1969. If Santa fails to appear this usually portends a bear market.

One of the most famous and consistent patterns is the so called “January Effect,” in which small cap stocks have outperformed large cap stocks 41 out of 43 years. The run up generally begins in mid-December and most of it ends by mid-January.

Then there is the January barometer in which the first 5 trading days of the year act as a gage for how the rest of the year will turn out. This has been a very effective tool in which the last 36 times the first 5 days have been up has led to gains for the year 31 times. The average gain in each of the 36 years has been 13.1%.

In nine out of the last fourteen post election years the S&P has shown a loss during the first five days of January, six of which resulted in a full year’s loss of 11.1%. This leaves five post election years where there were gains during this period. One of these years ended up being a loser, but four of these years the average gain was 22.6%. So investors should watch the first few days of January closely.

There are other things one can take a look at when examining yearly patterns. For example the days before and after certain holidays generally show a tendency towards bullishness. Under the democrats markets usually show bigger gains than when republicans are in power. The last two years of a presidency have been substantially more bullish than the first two years, with the third year showing an average of a 10.6% gain and the fourth year a 6.7% gain.

When considering seasonal patterns one should never rely on these alone for taking trades, because unusual events like war, acts of terrorism, and acts of God can disrupt these patterns. However when combined with with technical and fundamentals these patterns can act as a road map for decision making in the markets.

Palmer Owyoung
http://www.articlesbase.com/business-opportunities-articles/seasonality-and-the-stock-market-752158.html

Ponzi Scheme

Daily Market Commentary for December 16, 2008 from Millennium-Traders.Com

Picard is directed to liquidate Bernard L. Madoff Investment Securities. (read more)
http://www.millennium-traders.com/news/newscommentary.aspx

Economic data released today:

Consumer Price Index (CPI):
U.S. November Consumer Prices fell 1.7% compared to consensus of a drop by 1.3%; U.S. November CPI Excluding-Food & Energy Remain Unchanged compared to consensus of an increase by 0.1%; U.S. November CPI Unrounded fell 1.684%; U.S. November CPI Unrounded Core rose 0.022%; U.S. November CPI Energy Prices fell 17.0%; U.S. November CPI Food Prices rose 0.2%; U.S. November Real Average Weekly Earnings rose 2.3%; U.S. November CPI Drop is Largest on Record; U.S. November CPI rose 1.1% on the year and matches Smallest Rise since February 1965.

Housing Starts:
U.S. Building Permits in November were down 15.6% to 616,000; U.S. October Housing Starts Revised to a drop by 6.4% from a drop by 4.5%; U.S. November Housing Starts fell 18.9% to 625,000 compared to consensus of a drop by 5.2%.

Federal Open Market Committee (FOMC) voted on interest rates today:
Fed Cuts Discount rate 0.75 points to 0.50%; Fed sets Fed Funds target range of 0% to 0.25%: shifts policy; sees rate at ‘exceptionally low levels’ for some time; voted 10-0 for Fed Funds rate action; labor market conditions have deteriorated; financial markets remain quite strained; outlook for economy activity has weak end further; reviewing benefits of buying longer-term Treasury Securities; will consider ways of using balance sheet further;  inflationary pressures have diminished appreciably; will use all tools to promote growth, price stability; inflation to moderate further in coming quarters. Key passages from the Fed’s statement: “The focus of the committee’s policy going forward will be to support the functioning of financial markets and stimulate the economy through open market operations and other measures that sustain the size of the Federal Reserve’s balance sheet at a high level. The Federal Reserve will continue to consider ways of using its balance sheet to further support credit markets and economic activity.” FOMC says it is reviewing the benefits of buying longer-term Treasury securities to conduct policy, and expects funds rate to stay at “exceptionally low levels” for some time. Fed Moving toward quantitative easing.

Companies in the news today:
Goldman Sachs Group Incorporated (NYSE: GS) moved to first ever public loss during 4Q. The current widening financial crisis, drew blood from the 139-year-old investment bank as it reported its first quarterly loss since becoming a public company 10 years ago. For the period ended November 30, Goldman reported a fiscal fourth-quarter net loss of $2.12 billion or $4.97 a share, compared with net income of $3.22 billion or $7.01 a share one year ago in 2007. Farmers Capital Bank Corp. (NasdaqGS: FFKT) received preliminary approval to sell $30 million in preferred stock to the U.S. Treasury, for $30M under TARP. Best Buy (NYSE: BBY) posted gains despite a drop by 77% of 3Q profits.

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 gain of 359.61 points to end the trading session at 8,924.14
NYSE (New York Stock Exchange) triple digit gain of 307.07 points to end the trading session at 5,804.97
National Association of Securities Dealers Automated Quotations (NASDAQ) gain of 81.55 points to end the trading session at 1,589.89
S&P 500 (SPX) gain of 44.61 points to end the trading session at 913.18
FTSE All-World Index data excluding U.S. (AW01UK) gain of 6.15 points to end the trading session at 150.61
FTSE RAFI 1000 triple digit gain of 184.27 points to end the trading session at 3,507.09
BEL 20 (BEL20) loss of 10.43 points to end the trading session at 1,862.68
CAC 40 (CAC40) gain of 66.00 points to end the trading session at 3,251.66
FTSE100 (UKX100) gain of 31.52 points to end the trading session at 4,309.08
NIKKEI 225 (NIK/O) loss of 96.64 points to end the trading session at 8,568.02

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,670, declined stock prices 511, unchanged stock prices 65, stock prices hitting new highs 8 and stock prices hitting new lows 58. 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: ProShares Ultrashort QQQ (NYSE: QID) stock price shed 6.68 points on the trading session, high on the trading session $69.24, low on the trading session $63.10, with a closing stock price at $63.63.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,415, declined stock prices 560, unchanged stock prices 99, stock prices hitting new highs 4 and stock prices hitting new lows 89. 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: Citrix Systems Incorporated (NasdaqGS: CTXS) stock price gained 1.62 points on the trading session, high on the trading session $24.66, low on the trading session $22.89, with a closing stock price at $24.62.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 388, declined stock prices 243, unchanged stock prices 78, stock prices hitting new highs 1 and stock prices hitting new lows 40.

Chicago Board of Trade Futures Market for the day, at time of this posting for March 2009 Contracts and December 2008 Contracts for E-mini S&P Small Cap 600:
E-mini S&P 500 (ES): End of trading session price 913.50; Change for the trading session 41.50
E-mini NASDAQ-100 (NQ): End of trading session price 1,241.00; Change for the trading session 46.50
E-mini DOW $5 (YM): End of trading session price 8,896; Change for the trading session 317
E-mini S&P MidCap 400 (MF): End of trading session price 523.40; Change for the trading session 23.30
E-mini S&P Small Cap 600 (HS): End of trading session price 258.00; Change for the trading session 13.60

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7093 to U.S. Dollars 1.4098
Japanese Yen 88.950 to U.S. Dollars 0.0112
British Pound 0.6409 to U.S. Dollars 1.5602
Canadian Dollar 1.2047 to U.S. Dollars 0.8301
Swiss Franc 1.1192 to U.S. Dollars 0.8935

COMMODITY MARKETS:

Energy Sector – Nymex:
Light Crude (January 09) shed $0.91 on the trading session for a closing price of $43.60 per barrel ($US per barrel)
Heating Oil (January 09) no change on the trading session for a closing price of $1.48 a gallon ($US per gallon)
Natural Gas (January 09) gained $0.12 on the trading session for a closing price of $5.80 per million BTU ($US per mmbtu.)
Unleaded Gas (December 08) no change on the trading session for a closing price of $1.04 a gallon ($US per gallon)

Metals Markets – Comex:
Gold (February 09) gained $6.20 on the trading session for a closing price of $842.70 ($US per Troy ounce)
Silver (March 09) gained $0.09 on the trading session for a closing price of $10.71 ($US per Troy ounce)
Platinum (January 09) gained $10.30 on the trading session for a closing price of $849.50 ($US per Troy ounce)
Copper (March 09) shed $0.03 on the trading session for a closing price of $1.38 ($US per pound)

Livestock and Meat Markets – Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) shed 0.13 on the trading session for a closing price of 62.40
Pork Bellies (February 09) gained 3.00 on the trading session for a closing price of 83.98
Live Cattle (February 09) gained 3.00 on the trading session for a closing price of 86.80
Feeder Cattle (January 09) gained 3.00 on the trading session for a closing price of 90.93

Other Commodities – Chicago Board of Trade (cents per bushel):
Corn (March 09) gained 18.75 on the trading session for a closing price of 394.00
Soybeans (January 09) gained 13.50 on the trading session for a closing price of 863.00

BOND MARKET:
2 year Bond closing price 101 5/32, change 6/32, Yield 0.64, Yield change -0.09
5 year Bond closing price of 103 4/32, change 21/32, Yield 1.34, Yield change -0.14
10 year Bond closing price 112 26/32, change 1 30/32, Yield 2.29, Yield change -0.21
30 year Bond closing price 133 21/32, change 3 13/32, Yield 2.81, Yield change -0.14

Thanks for reading
Millennium-Traders.Com
http://www.millennium-traders.com

MTnews
http://www.articlesbase.com/investing-articles/ponzi-scheme-686880.html

Stock Market Day Trading Book > Learn Stock Trading Online – Picking Hot Stocks

By.-  http://www.ChatHotStocks.com

Beginner traders often fantasize or wonder about how some people are able to achieve tremendous profits by trading stocks just a few hours on a daily or weekly basis.

So going farther than the hype & the bells and whistles that a lot of the called “trading gurus” like to invoke, the real “secrets” of the stock market game are enclosed within the trading set ups and market signals you rely on to decide how to CHOOSE stocks, as well as WHEN to BUY & when to SELL them, or even when to SHORT SELL those that are poised for a profitable fall.

So the clearer your set ups are, the faster you can spot a potentially profitable trading scenario and ACT ON IT reducing your risk.

Complicated technical systems and information overload can make you slow and confuse you right from the start, making you loose money instead of making your profits grow.

In essence, You can be sure that the trading method you employ to approach the stock market and pick stocks can make a big difference in your results as a trader. In order to succeed you will need to FOCUS on a set of simple trading strategies that you can implement without hesitation.

Fortunately some sites on the web do offer more effective and updated day trading methodologies. One of those sites that can show you how to take advantage of certain stocks on positive and negative momentum as well is http://www.ChatHotStocks.com

They focus on momentum stock trading strategies, that are practical and easier to apply than many other technical systems out there.

Stock trading doesn’t have to be complicated as many people perceive. But you do need to follow a well organized set of rules and tactics, that once you master them, you can aspire to replicate profitable trades with consistency.

Day Trade Online
http://www.articlesbase.com/team-building-articles/stock-market-day-trading-book-gt-learn-stock-trading-online-picking-hot-stocks-713362.html

Stock Market Day Trading System 2009 > Stock Market Education & Training – Learn to Trade Online

By.-  http://www.MomentumStockTrading.com

In the stock market its always possible to watch certain stocks rise beyond 50% within a days. And even when you can learn about stock traders that make $3000 on a single trade, it is also not unusual to watch beginner investors lose a great deal of money because of a series of unwise decisions. The problem is that if you don’t know how to pick among stocks & how to properly approach them you could end up wasting a good amount of cash. You can’t just trade stocks like if you where gambling in Vegas or Atlantic City.

The first step to becoming a profitable trader is to learn from REALISTIC trading strategies that can show You how to pick and trade stocks. Bogus trading software programs and complicated day trading systems that rely on a “boat load” of technical analysis indicators can confuse you and froze you up right when a good opportunity shows up.

Also, don’t think that just because a trading system or stock market program promises that you can come up with 8 winning trades for every 10 that you place you will end up making money. To become a profitable day trader your winning trades have to overcome your loser ones in terms of dollars and cents.

In the end, stock trading is all about buying and selling according to your specific knowledge FILTER. Once you master and follow your proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.

Stock Market Basics
http://www.articlesbase.com/entrepreneurship-articles/stock-market-day-trading-system-2009-gt-stock-market-education-training-learn-to-trade-online-690998.html

Forex Day Trading – Is It Too Good To Be True?

A type of trading available in the Forex market is called Forex day trading. This financial trading option can be something that can definitely make trading work better for you. One of the biggest benefits of trading day currencies is that it is available twenty-four hours a day. This of course can give traders the obvious benefit of trading at any hour that they choose. With foreign exchange day trade there is no rush or panic, and decisions can be more carefully considered and executed.

Something else that is beneficial when it comes to day trading is that a lender can start a lot smaller if they choose. Starting smaller can also let them concentrate on a few major currencies rather than on tens of thousands. Foreign exchange day trading allows for more focus and a better ability to spread an investment. These benefits are not available with a traditional stock market approach. Something else that is great when it comes to Forex day transactions is that spreads can be narrower if the trader wishes. This allows the trader to regulate more easily the day spends. Of course this also leads to more liquidity.

Some other benefits that come with Forex day trade include there being no restrictions when selling currencies short. This allows for a trader to continue making money at a steady rate, whether markets are rising or falling. Also because of certain times when trading volumes are high, having day trading as an available tool can help a trader avoid these times if they choose, yet still make high enough profits. Foreign exchange day trading allows the trader to avoid times when the British, European, and United States markets are all open at the same time and activity is overwhelming, yet still make profits if they so choose.

Day trade also allows the Forex trader to take full advantage of some of the general benefits offered in the Forex market. These include twenty-four hour online currency trading, one hundred to one leverage, commission free trading and regulated FCM status. Having some of these advantages can definitely improve one’s chance of making large profits in the Forex market.

As you can see being able to use Forex day transactions in your trading activities could be a decision that could make you millions of dollars if used properly. Trading day currencies is a great option for those who like to make their own hours, yet still want to benefit fully from the Forex market in general.

Michael Williams
http://www.articlesbase.com/currency-trading-articles/forex-day-trading-is-it-too-good-to-be-true-51690.html