Daily Market Commentary for April 6, 2011
Commodity Prices Soar
Commodity prices soar as investors continue to focus on the economic outlook along with rising inflation. (Read more at Commodity Prices Soar - Daily Market Commentary for April 6, 2011 )
Economic data released today:
MBA Mortgage Applications:
U.S. MBA Refinance Index fell 6.2% at 2,084.1; Last Week 2,222.5; U.S. MBA Purchase Index rose 6.7% at 201.2; Last Week 188.5; U.S. MBA Market Index fell 2.0% at 475.7; Last Week 485.3.
Chicago Fed:
February Resources Output fell 0.2% Month on Month; rose 3.4% Year on Year; February Machinery Output rose 0.7% Month on Month; rose 16.8% Year on Year; February Steel Output rose 0.8% Month on Month; rose 19.8% Year on Year; February Regional Auto Output rose 3.5% Month on Month; rose 16.0% Year on Year; February Midwest Mfg Index rose 1.3% on Month; rose 11.7% on Year.
Crude Oil Inventories from DOE:
U.S. Refineries Ran at 84.4%; was Seen at 84.70%; U.S. Refineries Ran at 84.4% versus 84.1% a Week Ago; U.S. Distillate Stocks rose 0.195 Million Barrels in Week; Was Seen decreasing by 0.3 Million Barrels; U.S. Distillate Stocks rose 0.195 Million Barrels at 153.52 Million Barrels; U.S. Gasoline Stocks fell 0.357 Million Barrels in Week; Was Seen decreasing by 1.7 Million Barrels; U.S. Gasoline Stocks fell 0.357 Million Barrels at 216.679 Million Barrels; U.S. Crude Oil Stocks rose 1.952 Million Barrels in Week; Was Seen increasing by 1.6 Million Barrels; U.S. Crude Oil Stocks rose 1.952 Million Barrels at 357.664 Million Barrels.
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 39.66 points, EOD 12,433.56
NYSE (New York Stock Exchange) shed 52.40, EOD 8,413.05
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 8.91 points, EOD 2,800.10
S&P 500 (SPX) gain 3.05 points, EOD 1,335.68
BEL 20 (BEL20) gain 13.48 points, EOD 2,711.69
CAC 40 (CAC40) gain 6.42 points, EOD 4,048.16
FTSE100 (UKX100) gain 34.07 points, EOD 6,041.13
NIKKEI 225 (NIK/O) shed 31.18 points, EOD 9,584.37
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,736, declined stock prices 1,318, unchanged stock prices 100, stock prices hitting new highs 303 and stock prices hitting new lows 15. 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: MON shed 4.06, HOD 73.79, LOD 68.80, EOD 69.26; ANF gain 2.11, HOD 68.20, LOD 65.67, EOD 67.68; CF shed 2.97, HOD 144.41, LOD 138.71, EOD 140.61; MCP shed 3.58, HOD 67.77, LOD 61.81, EOD 61.91; AGQ gain 3.36, HOD 249.97, LOD 242.91, EOD 247.34; CRM shed 2.27, HOD 134.95, LOD 129.39, EOD 131.34; MHP gain 0.40, HOD 39.66, LOD 39.20, EOD 39.58; CME gain 3.97, HOD 310.50, LOD 305.10, EOD 308.84; IOC shed 3.17, HOD 75.35, LOD 69.66, EOD 71.52.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,535, declined stock prices 1,110, unchanged stock prices 110, stock prices hitting new highs 210 and stock prices hitting new lows 20. 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: AMSC shed 10.41, HOD 15.64, LOD 12.54, EOD 14.47; NFLX shed 4.26, HOD 248.88, LOD 238.32, EOD 239.97; APKT shed 1.58, HOD 77.25, LOD 71.91, EOD 72.02; FSLR shed 2.41, HOD 154.45, LOD 148.07, EOD 150.60; SWKS shed 2.15, HOD 31.25, LOD 27.52, EOD 28.73.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 237, declined stock prices 237, unchanged stock prices 40, stock prices hitting new highs 24 and stock prices hitting new lows 8.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1332.25; Change 5.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,329.50; Change 6.25
E-mini DOW $5 (YM) Mar 10: EOD 12,380; Change 53
Nikkei 225 (Yen) Mar 10: EOD 9665; Change 15
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6978 to U.S. Dollars 1.43
Japanese Yen 85.4250 to U.S. Dollars 0.0117
British Pound 0.6124 to U.S. Dollars 1.6300
Canadian Dollar 0.6598 to U.S. Dollars 1.04
Swiss Franc 0.9190 to U.S. Dollars 1.09
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (May 11) gain $0.49, EOD $108.83 per barrel ($US per barrel)
Heating Oil (May 11) gain $0.00, EOD $3.19 a gallon ($US per gallon)
Natural Gas (May 11) shed $0.08, EOD $4.15 per million BTU ($US per mmbtu.)
Unleaded Gas (May 11) shed $0.00, EOD $3.19 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (June 11) gain $6.00, EOD $1,458.50 ($US per Troy ounce)
Silver (May 11) gain $0.20, EOD $39.39 ($US per Troy ounce)
Platinum (July 11) gain $1.00, EOD $1,797.80 ($US per Troy ounce)
Copper (May 11) gain $0.10, EOD $4.37 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 11) shed $1.62, EOD $101.63
Pork Bellies (February 12) unchanged, EOD $120.00
Live Cattle (June 11) shed $1.77, EOD $118.23
Feeder Cattle (August 11) shed $1.57, EOD $139.78
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 11) shed $3.75, EOD $763.00
Soybeans (May 11) gain $3.25, EOD $1,376.50
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Commodity Prices Soar
Commodity prices soar as investors continue to focus on the economic outlook along with rising inflation. (Read more at Commodity Prices Soar - Daily Market Commentary for April 6, 2011 )
Economic data released today:
MBA Mortgage Applications:
U.S. MBA Refinance Index fell 6.2% at 2,084.1; Last Week 2,222.5; U.S. MBA Purchase Index rose 6.7% at 201.2; Last Week 188.5; U.S. MBA Market Index fell 2.0% at 475.7; Last Week 485.3.
Chicago Fed:
February Resources Output fell 0.2% Month on Month; rose 3.4% Year on Year; February Machinery Output rose 0.7% Month on Month; rose 16.8% Year on Year; February Steel Output rose 0.8% Month on Month; rose 19.8% Year on Year; February Regional Auto Output rose 3.5% Month on Month; rose 16.0% Year on Year; February Midwest Mfg Index rose 1.3% on Month; rose 11.7% on Year.
Crude Oil Inventories from DOE:
U.S. Refineries Ran at 84.4%; was Seen at 84.70%; U.S. Refineries Ran at 84.4% versus 84.1% a Week Ago; U.S. Distillate Stocks rose 0.195 Million Barrels in Week; Was Seen decreasing by 0.3 Million Barrels; U.S. Distillate Stocks rose 0.195 Million Barrels at 153.52 Million Barrels; U.S. Gasoline Stocks fell 0.357 Million Barrels in Week; Was Seen decreasing by 1.7 Million Barrels; U.S. Gasoline Stocks fell 0.357 Million Barrels at 216.679 Million Barrels; U.S. Crude Oil Stocks rose 1.952 Million Barrels in Week; Was Seen increasing by 1.6 Million Barrels; U.S. Crude Oil Stocks rose 1.952 Million Barrels at 357.664 Million Barrels.
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 39.66 points, EOD 12,433.56
NYSE (New York Stock Exchange) shed 52.40, EOD 8,413.05
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 8.91 points, EOD 2,800.10
S&P 500 (SPX) gain 3.05 points, EOD 1,335.68
BEL 20 (BEL20) gain 13.48 points, EOD 2,711.69
CAC 40 (CAC40) gain 6.42 points, EOD 4,048.16
FTSE100 (UKX100) gain 34.07 points, EOD 6,041.13
NIKKEI 225 (NIK/O) shed 31.18 points, EOD 9,584.37
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,736, declined stock prices 1,318, unchanged stock prices 100, stock prices hitting new highs 303 and stock prices hitting new lows 15. 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: MON shed 4.06, HOD 73.79, LOD 68.80, EOD 69.26; ANF gain 2.11, HOD 68.20, LOD 65.67, EOD 67.68; CF shed 2.97, HOD 144.41, LOD 138.71, EOD 140.61; MCP shed 3.58, HOD 67.77, LOD 61.81, EOD 61.91; AGQ gain 3.36, HOD 249.97, LOD 242.91, EOD 247.34; CRM shed 2.27, HOD 134.95, LOD 129.39, EOD 131.34; MHP gain 0.40, HOD 39.66, LOD 39.20, EOD 39.58; CME gain 3.97, HOD 310.50, LOD 305.10, EOD 308.84; IOC shed 3.17, HOD 75.35, LOD 69.66, EOD 71.52.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,535, declined stock prices 1,110, unchanged stock prices 110, stock prices hitting new highs 210 and stock prices hitting new lows 20. 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: AMSC shed 10.41, HOD 15.64, LOD 12.54, EOD 14.47; NFLX shed 4.26, HOD 248.88, LOD 238.32, EOD 239.97; APKT shed 1.58, HOD 77.25, LOD 71.91, EOD 72.02; FSLR shed 2.41, HOD 154.45, LOD 148.07, EOD 150.60; SWKS shed 2.15, HOD 31.25, LOD 27.52, EOD 28.73.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 237, declined stock prices 237, unchanged stock prices 40, stock prices hitting new highs 24 and stock prices hitting new lows 8.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1332.25; Change 5.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,329.50; Change 6.25
E-mini DOW $5 (YM) Mar 10: EOD 12,380; Change 53
Nikkei 225 (Yen) Mar 10: EOD 9665; Change 15
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6978 to U.S. Dollars 1.43
Japanese Yen 85.4250 to U.S. Dollars 0.0117
British Pound 0.6124 to U.S. Dollars 1.6300
Canadian Dollar 0.6598 to U.S. Dollars 1.04
Swiss Franc 0.9190 to U.S. Dollars 1.09
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (May 11) gain $0.49, EOD $108.83 per barrel ($US per barrel)
Heating Oil (May 11) gain $0.00, EOD $3.19 a gallon ($US per gallon)
Natural Gas (May 11) shed $0.08, EOD $4.15 per million BTU ($US per mmbtu.)
Unleaded Gas (May 11) shed $0.00, EOD $3.19 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (June 11) gain $6.00, EOD $1,458.50 ($US per Troy ounce)
Silver (May 11) gain $0.20, EOD $39.39 ($US per Troy ounce)
Platinum (July 11) gain $1.00, EOD $1,797.80 ($US per Troy ounce)
Copper (May 11) gain $0.10, EOD $4.37 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 11) shed $1.62, EOD $101.63
Pork Bellies (February 12) unchanged, EOD $120.00
Live Cattle (June 11) shed $1.77, EOD $118.23
Feeder Cattle (August 11) shed $1.57, EOD $139.78
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 11) shed $3.75, EOD $763.00
Soybeans (May 11) gain $3.25, EOD $1,376.50
Opt-in to our free Weekly Market News sent via email, first trading day of the week. Review market news and trading action for the week plus, see what is ahead for the upcoming trading week.
Detailed performance by service and date on our News & Commentary. Access our FREE Monthly Trading Lesson posted on our website.
One week free trial available to our Weekly Swing Trades service.
Follow us now on Twitter
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