Daily Market Commentary for November 5, 2010
Jobs
Stocks were mixed after the Labor Department's highly anticipated report on jobs. (Read more at Millennium-Traders.Com)
Economic data released today:
Nonfarm Payrolls (MoM):
U.S. September Payrolls Revised to fall 41K from -95K; U.S. October Government Payrolls fell 8K; Federal fell 1K; U.S. October Manufacturing Payrolls fell 7K; Service-Producing rose146K; U.S. October Private Payrolls rose 159K; U.S. October Nonfarm Payrolls rose 151K; Compared to Consensus of an increase by 60K.
Unemployment Rate (MoM):
U.S. September Unemployment Left Unrevised at 9.6%; U.S. October Unemployment Rate 9.6%; Compared to Consensus 9.6%.
Average Hourly Earnings (MoM):
U.S. October Average Hourly Earnings rose $0.05 to $22.73.
Average Weekly Hours:
U.S. October Overall Workweek rose 0.1 Hour to 34.3 Hours.
Consumer Credit:
August Consumer Credit Revised to Down $4.9B from Down $3.3B; U.S. September Consumer Credit Increased $2.1B.
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 9.24 points, EOD 11,444.08
NYSE (New York Stock Exchange) gain 19.11 EOD 7,801.54
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 0.43 points, EOD 2,577.77
S&P 500 (SPX) gain 4.37 points, EOD 1,225.43
BEL 20 (BEL20) shed 24.32 points, EOD 2,686.09
CAC 40 (CAC40) shed 0.05 points, EOD 3,916.73
FTSE100 (UKX100) gain 12.56 points, EOD 5,875.35
NIKKEI 225 (NIK/O) triple digit gain 267.21 points, EOD 9,625.99
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,792, declined stock prices 1,262, unchanged stock prices 93, stock prices hitting new highs 482 and stock prices hitting new lows 12.
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: CF gain 1.22, HOD 129.03, LOD 119.80, EOD 122.37; MEE gain 4.98, HOD 48.12, LOD 42.41, EOD 47.19; EDU shed 1.91, HOD 106.82, LOD 103.80, EOD 103.95.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,492, declined stock prices 1,189, unchanged stock prices 130, stock prices hitting new highs 270 and stock prices hitting new lows 30.
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: JAZZ gain 1.85, HOD 14.83, LOD 13.55, EOD 14.26; ATML gain 1.37, HOD 10.66, LOD 9.67, EOD 10.30; CLWR shed 0.28, HOD 7.06, LOD 6.02, EOD 6.89; DXCM shed 3.03, HOD 11.69, LOD 9.91, EOD 10.87; BIDU shed 1.32, HOD 110.50, LOD 108.37, EOD 108.74; NFLX gain 0.16, HOD 170.91, LOD 166.86, EOD 168.07; WFMI shed 1.77, HOD 45.90, LOD 45.20, EOD 45.49; FSLR gain 2.04, HOD 140.79, LOD 135.70, EOD 138.55.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 260, declined stock prices 210, unchanged stock prices 56, stock prices hitting new highs 43 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) December 10: EOD 1,221.50; Change 3.00
E-mini NASDAQ-100 (NQ) December 10: EOD 2,181.75; Change -2.75
E-mini DOW $5 (YM) December 10: EOD 11,384; Change -3
Nikkei 225 (Yen) December 10: EOD 9,690; Change 220
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7125 to U.S. Dollars 1.4000
Japanese Yen 81.3450 to U.S. Dollars 0.0123
British Pound 0.6175 to U.S. Dollars 1.6200
Canadian Dollar 1.0008 to U.S. Dollars 0.9997
Swiss Franc 0.9626 to U.S. Dollars 1.0400
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 10) gain $0.36, EOD $86.85 per barrel ($US per barrel)
Heating Oil (December 10) gain $0.01, EOD $2.38 a gallon ($US per gallon)
Natural Gas (December 10) gain $0.08, EOD $3.94 per million BTU ($US per mmbtu.)
Unleaded Gas (December 10) gain $0.00, EOD $2.18 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (December 10) gain $14.60, EOD $1,397.70 ($US per Troy ounce)
Silver (December 10) gain $0.70, EOD $26.75 ($US per Troy ounce)
Platinum (January 11) gain $13.00, EOD $1,768.90 ($US per Troy ounce)
Copper (December 10) gain $0.03, EOD $3.95 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 10) shed 0.67, EOD 66.95
Pork Bellies (February 11) unchanged, EOD 104.50
Live Cattle (December 10) shed 0.10, EOD 97.55
Feeder Cattle (January 11) gain 0.37, EOD 110.78
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) shed 2.25, EOD 587.75
Soybeans (January 11) gain 9.25, EOD 1,284.00
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 MarketNews 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
Jobs
Stocks were mixed after the Labor Department's highly anticipated report on jobs. (Read more at Millennium-Traders.Com)
Economic data released today:
Nonfarm Payrolls (MoM):
U.S. September Payrolls Revised to fall 41K from -95K; U.S. October Government Payrolls fell 8K; Federal fell 1K; U.S. October Manufacturing Payrolls fell 7K; Service-Producing rose146K; U.S. October Private Payrolls rose 159K; U.S. October Nonfarm Payrolls rose 151K; Compared to Consensus of an increase by 60K.
Unemployment Rate (MoM):
U.S. September Unemployment Left Unrevised at 9.6%; U.S. October Unemployment Rate 9.6%; Compared to Consensus 9.6%.
Average Hourly Earnings (MoM):
U.S. October Average Hourly Earnings rose $0.05 to $22.73.
Average Weekly Hours:
U.S. October Overall Workweek rose 0.1 Hour to 34.3 Hours.
Consumer Credit:
August Consumer Credit Revised to Down $4.9B from Down $3.3B; U.S. September Consumer Credit Increased $2.1B.
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 9.24 points, EOD 11,444.08
NYSE (New York Stock Exchange) gain 19.11 EOD 7,801.54
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 0.43 points, EOD 2,577.77
S&P 500 (SPX) gain 4.37 points, EOD 1,225.43
BEL 20 (BEL20) shed 24.32 points, EOD 2,686.09
CAC 40 (CAC40) shed 0.05 points, EOD 3,916.73
FTSE100 (UKX100) gain 12.56 points, EOD 5,875.35
NIKKEI 225 (NIK/O) triple digit gain 267.21 points, EOD 9,625.99
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,792, declined stock prices 1,262, unchanged stock prices 93, stock prices hitting new highs 482 and stock prices hitting new lows 12.
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: CF gain 1.22, HOD 129.03, LOD 119.80, EOD 122.37; MEE gain 4.98, HOD 48.12, LOD 42.41, EOD 47.19; EDU shed 1.91, HOD 106.82, LOD 103.80, EOD 103.95.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,492, declined stock prices 1,189, unchanged stock prices 130, stock prices hitting new highs 270 and stock prices hitting new lows 30.
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: JAZZ gain 1.85, HOD 14.83, LOD 13.55, EOD 14.26; ATML gain 1.37, HOD 10.66, LOD 9.67, EOD 10.30; CLWR shed 0.28, HOD 7.06, LOD 6.02, EOD 6.89; DXCM shed 3.03, HOD 11.69, LOD 9.91, EOD 10.87; BIDU shed 1.32, HOD 110.50, LOD 108.37, EOD 108.74; NFLX gain 0.16, HOD 170.91, LOD 166.86, EOD 168.07; WFMI shed 1.77, HOD 45.90, LOD 45.20, EOD 45.49; FSLR gain 2.04, HOD 140.79, LOD 135.70, EOD 138.55.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 260, declined stock prices 210, unchanged stock prices 56, stock prices hitting new highs 43 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) December 10: EOD 1,221.50; Change 3.00
E-mini NASDAQ-100 (NQ) December 10: EOD 2,181.75; Change -2.75
E-mini DOW $5 (YM) December 10: EOD 11,384; Change -3
Nikkei 225 (Yen) December 10: EOD 9,690; Change 220
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7125 to U.S. Dollars 1.4000
Japanese Yen 81.3450 to U.S. Dollars 0.0123
British Pound 0.6175 to U.S. Dollars 1.6200
Canadian Dollar 1.0008 to U.S. Dollars 0.9997
Swiss Franc 0.9626 to U.S. Dollars 1.0400
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 10) gain $0.36, EOD $86.85 per barrel ($US per barrel)
Heating Oil (December 10) gain $0.01, EOD $2.38 a gallon ($US per gallon)
Natural Gas (December 10) gain $0.08, EOD $3.94 per million BTU ($US per mmbtu.)
Unleaded Gas (December 10) gain $0.00, EOD $2.18 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (December 10) gain $14.60, EOD $1,397.70 ($US per Troy ounce)
Silver (December 10) gain $0.70, EOD $26.75 ($US per Troy ounce)
Platinum (January 11) gain $13.00, EOD $1,768.90 ($US per Troy ounce)
Copper (December 10) gain $0.03, EOD $3.95 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 10) shed 0.67, EOD 66.95
Pork Bellies (February 11) unchanged, EOD 104.50
Live Cattle (December 10) shed 0.10, EOD 97.55
Feeder Cattle (January 11) gain 0.37, EOD 110.78
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) shed 2.25, EOD 587.75
Soybeans (January 11) gain 9.25, EOD 1,284.00
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 MarketNews 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
