Daily Market Commentary for June 22, 2010
European Markets
European markets were set to start out lower today, after Fitch cut the credit rating of one of Europe’s biggest banks. (Read more at Millennium-Traders.Com)
Economic data released today:
Redbook:
U.S. Retail Sales rose 3.2% Week Ended June 19 versus a Year-Ago; U.S. Retail Sales First 3 Weeks June rose 3.1% versus June a Year-Ago; U.S. Retail Sales First 3 Weeks June fell 0.4% versus May.
Existing Home Sales:
U.S. May Median Existing Home Price rose 2.7% on Year to $179,600; U.S. Inventory of Unsold U.S. Homes at 8.3 Months Supply; U.S. May Existing Home Sales Consensus 6.06M Rate; U.S. May Existing Home Sales fell 2.2% to 5.66M Rate.
Richmond Manufacturing Index:
June Retail Revenues Index fell 1 versus May 0; June Services Revenues Index 5 versus May 8; June Manufacturing Shipments Index 31 versus May 32; June Manufacturing Index 23 versus May 26.
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 148.89 points, EOD 10,293.52
NYSE (New York Stock Exchange) shed 119.84, EOD 6,859.02
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 27.8 points, EOD 2,261.29
S&P 500 (SPX) shed 17.78 points, EOD 1,095.42
BEL 20 (BEL20) shed 13.62 points, EOD 2,536.22
CAC 40 (CAC40) shed 30.83 points, EOD 3,705.32
FTSE100 (UKX100) shed 52.13 points, EOD 5,246.98
NIKKEI 225 (NIK/O) shed 125.12 points, EOD 10,112.89
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 655, declined stock prices 2,477, unchanged stock prices 82, stock prices hitting new highs 32 and stock prices hitting new lows 21. 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: RIG gain 0.03, HOD 26.45, LOD 25.96, EOD 25.98; BP shed 0.66, HOD 30.77, LOD 29.37, EOD 29.67; FAS shed 1.19, HOD 24.46, LOD 22.85, EOD 22.90; CME shed 3.30, HOD 314.05, LOD 303.68, EOD 304.00; V shed 2.08, HOD 80.99, LOD 78.63, EOD 78.82; JEF gain 1.32, HOD 25.18, LOD 23.75, EOD 24.19; CCL shed 1.56, HOD 34.29, LOD 33.12, EOD 33.18; CMC shed 3.34, HOD 314.05, LOD 303.52, EOD 303.34.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 589, declined stock prices 2,087, unchanged stock prices 112, stock prices hitting new highs 29 and stock prices hitting new lows 59. 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: UPRO shed 6.98, HOD 146.82, LOD 137.19, EOD 137.70; DNDN shed 2.27, HOD 36.40, LOD 34.14, EOD 34.56; NFLX shed 2.56, HOD 120.40, LOD 115.19, EOD 116.43; ISRG shed 6.20, HOD 356.89, LOD 343.77, EOD 345.09; PETM shed 0.13, HOD 32.42, LOD 31.46, EOD 31.55; SONC shed 0.77, HOD 9.24, LOD 8.46, EOD 8.52.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 192, declined stock prices 296, unchanged stock prices 37, stock prices hitting new highs 6 and stock prices hitting new lows 9.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1091.00; Change -19.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,879.00; Change -20.50
E-mini DOW $5 (YM) Mar 10: EOD 10,233; Change -163
E-mini S&P MidCap 400 (MF) Mar 10: EOD 749.80; Change -16.60
Nikkei 225 (Yen) Mar 10: EOD 9,935; Change -225
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.8148 to U.S. Dollars 1.2300
Japanese Yen 90.4650 to U.S. Dollars 0.011
British Pound 0.6748 to U.S. Dollars 1.4800
Canadian Dollar 1.0286 to U.S. Dollars 0.9722
Swiss Franc 1.1073 to U.S. Dollars 0.9032
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (July 10) shed $0.61, EOD $77.21 per barrel ($US per barrel)
Heating Oil (July 10) shed $0.03, EOD $2.11 a gallon ($US per gallon)
Natural Gas (July 10) shed $0.11, EOD $4.76 per million BTU ($US per mmbtu.)
Unleaded Gas (July 10) shed $0.00, EOD $2.13 gallon ($US per gallon)
Metals Markets - Comex:
Gold (June 10) gain $0.20, EOD $1,239.90 ($US per Troy ounce)
Silver (June 10) gain $0.09, EOD $18.8090($US per Troy ounce)
Platinum (June 10) gain $2.70, EOD $1,593.00 ($US per Troy ounce)
Copper (June 10) gain $0.05, EOD $2.99 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 10) shed $0.05, EOD $81.95
Pork Bellies (July 10) gain $0.45, EOD $100.45
Live Cattle (June 10) gain $0.17, EOD $90.30
Feeder Cattle (August 10) gain $0.12, EOD $111.82
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 10) shed $3.50, EOD $351.50
Soybeans (July 10) gain $2.25, EOD $965.50
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
European Markets
European markets were set to start out lower today, after Fitch cut the credit rating of one of Europe’s biggest banks. (Read more at Millennium-Traders.Com)
Economic data released today:
Redbook:
U.S. Retail Sales rose 3.2% Week Ended June 19 versus a Year-Ago; U.S. Retail Sales First 3 Weeks June rose 3.1% versus June a Year-Ago; U.S. Retail Sales First 3 Weeks June fell 0.4% versus May.
Existing Home Sales:
U.S. May Median Existing Home Price rose 2.7% on Year to $179,600; U.S. Inventory of Unsold U.S. Homes at 8.3 Months Supply; U.S. May Existing Home Sales Consensus 6.06M Rate; U.S. May Existing Home Sales fell 2.2% to 5.66M Rate.
Richmond Manufacturing Index:
June Retail Revenues Index fell 1 versus May 0; June Services Revenues Index 5 versus May 8; June Manufacturing Shipments Index 31 versus May 32; June Manufacturing Index 23 versus May 26.
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 148.89 points, EOD 10,293.52
NYSE (New York Stock Exchange) shed 119.84, EOD 6,859.02
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 27.8 points, EOD 2,261.29
S&P 500 (SPX) shed 17.78 points, EOD 1,095.42
BEL 20 (BEL20) shed 13.62 points, EOD 2,536.22
CAC 40 (CAC40) shed 30.83 points, EOD 3,705.32
FTSE100 (UKX100) shed 52.13 points, EOD 5,246.98
NIKKEI 225 (NIK/O) shed 125.12 points, EOD 10,112.89
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 655, declined stock prices 2,477, unchanged stock prices 82, stock prices hitting new highs 32 and stock prices hitting new lows 21. 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: RIG gain 0.03, HOD 26.45, LOD 25.96, EOD 25.98; BP shed 0.66, HOD 30.77, LOD 29.37, EOD 29.67; FAS shed 1.19, HOD 24.46, LOD 22.85, EOD 22.90; CME shed 3.30, HOD 314.05, LOD 303.68, EOD 304.00; V shed 2.08, HOD 80.99, LOD 78.63, EOD 78.82; JEF gain 1.32, HOD 25.18, LOD 23.75, EOD 24.19; CCL shed 1.56, HOD 34.29, LOD 33.12, EOD 33.18; CMC shed 3.34, HOD 314.05, LOD 303.52, EOD 303.34.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 589, declined stock prices 2,087, unchanged stock prices 112, stock prices hitting new highs 29 and stock prices hitting new lows 59. 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: UPRO shed 6.98, HOD 146.82, LOD 137.19, EOD 137.70; DNDN shed 2.27, HOD 36.40, LOD 34.14, EOD 34.56; NFLX shed 2.56, HOD 120.40, LOD 115.19, EOD 116.43; ISRG shed 6.20, HOD 356.89, LOD 343.77, EOD 345.09; PETM shed 0.13, HOD 32.42, LOD 31.46, EOD 31.55; SONC shed 0.77, HOD 9.24, LOD 8.46, EOD 8.52.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 192, declined stock prices 296, unchanged stock prices 37, stock prices hitting new highs 6 and stock prices hitting new lows 9.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1091.00; Change -19.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,879.00; Change -20.50
E-mini DOW $5 (YM) Mar 10: EOD 10,233; Change -163
E-mini S&P MidCap 400 (MF) Mar 10: EOD 749.80; Change -16.60
Nikkei 225 (Yen) Mar 10: EOD 9,935; Change -225
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.8148 to U.S. Dollars 1.2300
Japanese Yen 90.4650 to U.S. Dollars 0.011
British Pound 0.6748 to U.S. Dollars 1.4800
Canadian Dollar 1.0286 to U.S. Dollars 0.9722
Swiss Franc 1.1073 to U.S. Dollars 0.9032
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (July 10) shed $0.61, EOD $77.21 per barrel ($US per barrel)
Heating Oil (July 10) shed $0.03, EOD $2.11 a gallon ($US per gallon)
Natural Gas (July 10) shed $0.11, EOD $4.76 per million BTU ($US per mmbtu.)
Unleaded Gas (July 10) shed $0.00, EOD $2.13 gallon ($US per gallon)
Metals Markets - Comex:
Gold (June 10) gain $0.20, EOD $1,239.90 ($US per Troy ounce)
Silver (June 10) gain $0.09, EOD $18.8090($US per Troy ounce)
Platinum (June 10) gain $2.70, EOD $1,593.00 ($US per Troy ounce)
Copper (June 10) gain $0.05, EOD $2.99 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 10) shed $0.05, EOD $81.95
Pork Bellies (July 10) gain $0.45, EOD $100.45
Live Cattle (June 10) gain $0.17, EOD $90.30
Feeder Cattle (August 10) gain $0.12, EOD $111.82
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 10) shed $3.50, EOD $351.50
Soybeans (July 10) gain $2.25, EOD $965.50
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
