Daily Market Commentary for February 3, 2011
Egypt
Stocks were in the negative for most of the session as protests intensify in Egypt. (Read more at Millennium-Traders.Com)
Economic data released today:
Initial Jobless Claims:
U.S. Jobless Claims for Week of January 22 Revised to 457K from 454K; U.S. Jobless Claims fell 42K to 415K in Week of January 29; Compared to Survey of a decrease by 31K.
Continuing Jobless Claims:
U.S. January 22 Week Continuing Claims fell 84K to 3,925,000.
Unit Labor Costs (QoQ):
U.S. 4Q Unit Labor Costs fell 0.6%; Compared to Consensus of an increase by 0.1%.
Nonfarm Productivity (QoQ):
U.S. 3Q Non-Farm Productivity Revised to +2.4%; U.S. 4Q Non-Farm Productivity rose 2.6%; Compared to Consensus of an increase by 2.1%.
ISM Non-Manufacturing Index:
U.S. ISM January Non- Manufacturing New Orders Index 64.9 versus December 61.4; U.S. ISM January Non- Manufacturing Prices Index 72.1 versus December 69.5; U.S. ISM January Non- Manufacturing Employment Index 54.5 versus December 52.6; U.S. ISM January Non- Manufacturing Business Index 64.6 versus December 62.9; U.S. ISM January Non-Manufacturing PMI Expected 57.0; U.S. ISM January Non-Manufacturing PMI 59.4 versus December 57.1.
Factory Orders (MoM):
November Factory Orders Revised to +1.3% from +0.7%; December Durable Goods Revised to -2.3% from -2.5%; December Factory Orders, Excluding Defense, rose 0.2%; December Factory Orders, Excluding Transportation, rose 1.7%; U.S. Factory Orders rose 0.2% in December; Compared to Consensus of a decrease by 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) gain 25.13 points, EOD 12,067.10
NYSE (New York Stock Exchange) gain 16.04, EOD 8,288.61
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 4.69 points, EOD 2,754.25
S&P 500 (SPX) gain 3.24 points, EOD 1,307.27
BEL 20 (BEL20) shed 3.88 points, EOD 2,684.90
CAC 40 (CAC40) shed 29.94 points, EOD 4,036.59
FTSE100 (UKX100) shed 16.73 points, EOD 5,983.34
NIKKEI 225 (NIK/O) shed 26.86 points, EOD 10,431.36
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,682, declined stock prices 1,370, unchanged stock prices 112, stock prices hitting new highs 200 and stock prices hitting new lows 9. 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: MA gain 6.42, HOD 247.97, LOD 237.05, EOD 245.81; BX gain 0.62, HOD 17.96, LOD 16.89, EOD 17.29; EL gain 11.89, HOD 92.84, LOD 85.72, EOD 92.45; CRM shed 0.92, HOD 136.48, LOD 132.90, EOD 134.16; CME shed 14.57, HOD 306.84, LOD 297.36, EOD 300.57; EDU gain 0.42, HOD 100.78, LOD 99.01, EOD 100.00.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,328, declined stock prices 1,325, unchanged stock prices 139, stock prices hitting new highs 141 and stock prices hitting new lows 23. 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: GMCR gain 4.79, HOD 39.35, LOD 37.36, EOD 37.75; APKT shed 0.72, HOD 69.55, LOD 63.67, EOD 66.63; FFIV gain 4.79, HOD 118.65, LOD 113.85, EOD 118.30; SFLY gain 6.10, HOD 41.30, LOD 38.60, EOD 40.41; AAPL shed 0.79, HOD 344.24, LOD 338.55, EOD 343.53.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 226, declined stock prices 239, unchanged stock prices 34, stock prices hitting new highs 8 and stock prices hitting new lows 2.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1305.50; Change 5.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,324.00; Change 4.25
E-mini DOW $5 (YM) Mar 10: EOD 12,026; Change 41
Nikkei 225 (Yen) Mar 10: EOD 10,520; Change 70
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7334 to U.S. Dollars 1.36
Japanese Yen 81.6250 to U.S. Dollars 0.0122
British Pound 0.6193 to U.S. Dollars 1.6100
Canadian Dollar 0.9898 to U.S. Dollars 1.01
Swiss Franc 0.9456 to U.S. Dollars 1.06
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 11) shed $0.32, EOD $90.54 per barrel ($US per barrel)
Heating Oil (March 11) shed $0.01, EOD $2.77 a gallon ($US per gallon)
Natural Gas (March 11) shed $0.09, EOD $4.43 per million BTU ($US per mmbtu.)
Unleaded Gas (March 11) gain $0.00, EOD $2.50 gallon ($US per gallon)
Metals Markets - Comex:
Gold (April 11) gain $20.90, EOD $1,353.00 ($US per Troy ounce)
Silver (March 11) gain $0.43, EOD $28.73 ($US per Troy ounce)
Platinum (April 11) gain $15.50, EOD $1,844.10 ($US per Troy ounce)
Copper (March 11) gain $0.00, EOD $4.54 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) shed $0.15, EOD $91.55
Pork Bellies (February 11) gain $1.00, EOD $113.00
Live Cattle (April 11) shed $0.35, EOD $113.18
Feeder Cattle (March 11) shed $0.30, EOD $125.50
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) shed $6.75, EOD $662.50
Soybeans (March 11) shed $8.50, EOD $1,435.50
Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.
Visitors may subscribe to our free Weekly Market News for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.
Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.
Thanks for reading
Millennium-Traders.Com
Egypt
Stocks were in the negative for most of the session as protests intensify in Egypt. (Read more at Millennium-Traders.Com)
Economic data released today:
Initial Jobless Claims:
U.S. Jobless Claims for Week of January 22 Revised to 457K from 454K; U.S. Jobless Claims fell 42K to 415K in Week of January 29; Compared to Survey of a decrease by 31K.
Continuing Jobless Claims:
U.S. January 22 Week Continuing Claims fell 84K to 3,925,000.
Unit Labor Costs (QoQ):
U.S. 4Q Unit Labor Costs fell 0.6%; Compared to Consensus of an increase by 0.1%.
Nonfarm Productivity (QoQ):
U.S. 3Q Non-Farm Productivity Revised to +2.4%; U.S. 4Q Non-Farm Productivity rose 2.6%; Compared to Consensus of an increase by 2.1%.
ISM Non-Manufacturing Index:
U.S. ISM January Non- Manufacturing New Orders Index 64.9 versus December 61.4; U.S. ISM January Non- Manufacturing Prices Index 72.1 versus December 69.5; U.S. ISM January Non- Manufacturing Employment Index 54.5 versus December 52.6; U.S. ISM January Non- Manufacturing Business Index 64.6 versus December 62.9; U.S. ISM January Non-Manufacturing PMI Expected 57.0; U.S. ISM January Non-Manufacturing PMI 59.4 versus December 57.1.
Factory Orders (MoM):
November Factory Orders Revised to +1.3% from +0.7%; December Durable Goods Revised to -2.3% from -2.5%; December Factory Orders, Excluding Defense, rose 0.2%; December Factory Orders, Excluding Transportation, rose 1.7%; U.S. Factory Orders rose 0.2% in December; Compared to Consensus of a decrease by 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) gain 25.13 points, EOD 12,067.10
NYSE (New York Stock Exchange) gain 16.04, EOD 8,288.61
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 4.69 points, EOD 2,754.25
S&P 500 (SPX) gain 3.24 points, EOD 1,307.27
BEL 20 (BEL20) shed 3.88 points, EOD 2,684.90
CAC 40 (CAC40) shed 29.94 points, EOD 4,036.59
FTSE100 (UKX100) shed 16.73 points, EOD 5,983.34
NIKKEI 225 (NIK/O) shed 26.86 points, EOD 10,431.36
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,682, declined stock prices 1,370, unchanged stock prices 112, stock prices hitting new highs 200 and stock prices hitting new lows 9. 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: MA gain 6.42, HOD 247.97, LOD 237.05, EOD 245.81; BX gain 0.62, HOD 17.96, LOD 16.89, EOD 17.29; EL gain 11.89, HOD 92.84, LOD 85.72, EOD 92.45; CRM shed 0.92, HOD 136.48, LOD 132.90, EOD 134.16; CME shed 14.57, HOD 306.84, LOD 297.36, EOD 300.57; EDU gain 0.42, HOD 100.78, LOD 99.01, EOD 100.00.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,328, declined stock prices 1,325, unchanged stock prices 139, stock prices hitting new highs 141 and stock prices hitting new lows 23. 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: GMCR gain 4.79, HOD 39.35, LOD 37.36, EOD 37.75; APKT shed 0.72, HOD 69.55, LOD 63.67, EOD 66.63; FFIV gain 4.79, HOD 118.65, LOD 113.85, EOD 118.30; SFLY gain 6.10, HOD 41.30, LOD 38.60, EOD 40.41; AAPL shed 0.79, HOD 344.24, LOD 338.55, EOD 343.53.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 226, declined stock prices 239, unchanged stock prices 34, stock prices hitting new highs 8 and stock prices hitting new lows 2.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1305.50; Change 5.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,324.00; Change 4.25
E-mini DOW $5 (YM) Mar 10: EOD 12,026; Change 41
Nikkei 225 (Yen) Mar 10: EOD 10,520; Change 70
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7334 to U.S. Dollars 1.36
Japanese Yen 81.6250 to U.S. Dollars 0.0122
British Pound 0.6193 to U.S. Dollars 1.6100
Canadian Dollar 0.9898 to U.S. Dollars 1.01
Swiss Franc 0.9456 to U.S. Dollars 1.06
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 11) shed $0.32, EOD $90.54 per barrel ($US per barrel)
Heating Oil (March 11) shed $0.01, EOD $2.77 a gallon ($US per gallon)
Natural Gas (March 11) shed $0.09, EOD $4.43 per million BTU ($US per mmbtu.)
Unleaded Gas (March 11) gain $0.00, EOD $2.50 gallon ($US per gallon)
Metals Markets - Comex:
Gold (April 11) gain $20.90, EOD $1,353.00 ($US per Troy ounce)
Silver (March 11) gain $0.43, EOD $28.73 ($US per Troy ounce)
Platinum (April 11) gain $15.50, EOD $1,844.10 ($US per Troy ounce)
Copper (March 11) gain $0.00, EOD $4.54 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) shed $0.15, EOD $91.55
Pork Bellies (February 11) gain $1.00, EOD $113.00
Live Cattle (April 11) shed $0.35, EOD $113.18
Feeder Cattle (March 11) shed $0.30, EOD $125.50
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) shed $6.75, EOD $662.50
Soybeans (March 11) shed $8.50, EOD $1,435.50
Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.
Visitors may subscribe to our free Weekly Market News for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.
Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.
Thanks for reading
Millennium-Traders.Com
