Daily Market Commentary for February 2, 2011
Private Sector
Stocks were mixed in today's session, despite the better than expected report on job growth in the private sector. (Read more at Millennium-Traders.Com)
Economic data released today:
MBA Mortgage Applications:
U.S. Mortgage Application Volume Jumped Last Week; U.S. MBA Refinance Index rose 11.7% at 2,261.2; Last Week 2,025.2; U.S. MBA Purchase Index rose 9.5% at 188.7; Last Week 172.3.
ADP Nonfarm Employment Change:
ADP January U.S. Private Sector Jobs Expected to rise 143,000; ADP January U.S. Private Sector Jobs rose 187,000.
Crude Oil Inventories from DOE:
U.S. Refineries Ran at 84.5% capacity; Was Seen at 81.50% capacity; U.S. Refineries Ran at 84.5% capacity versus 81.8% capacity a Week Ago; U.S. Distillate Stockpiles fell 1.579 Million Barrels in Week; Was Seen decreasing by 1.1 Million Barrels; U.S. Distillate Stockpiles fell 1.579 Million Barrels at 164.078 Million Barrels; U.S. Gasoline Stockpiles rose 6.154 Million Barrels in Week; Was Seen increasing by 1.8 Million Barrels; U.S. Gasoline Stockpiles rose 6.154 Million Barrels at 236.228 Million Barrels; U.S. Crude Oil Stockpiles rose 2.594 Million Barrels in Week; Was Seen increasing by 2.6 Million Barrels; U.S. Crude Oil Stockpiles rose 2.594 Million Barrels at 343.159 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 1.81 points, EOD 12,041.97
NYSE (New York Stock Exchange) shed 17.77, EOD 8,272.32
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 1.29 points, EOD 2,749.90
S&P 500 (SPX) shed 3.41 points, EOD 1,304.18
BEL 20 (BEL20) gain 5.05 points, EOD 2,688.78
CAC 40 (CAC40) shed 6.09 points, EOD 4,066.53
FTSE100 (UKX100) gain 42.25 points, EOD 6,000.07
NIKKEI 225 (NIK/O) triple digit gain 182.86 points, EOD 10,457.36
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,403, declined stock prices 1,646, unchanged stock prices 93, stock prices hitting new highs 263 and stock prices hitting new lows 14. 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: CRM gain 3.37, HOD 136.96, LOD N/A, EOD 135.01; CF gain 5.12, HOD 143.54, LOD 136.13, EOD 143.52; ENR shed 2.82, HOD 67.63, LOD 65.48, EOD 66.19; HSP shed 4.01, HOD 51.63, LOD 49.51, EOD 51.04.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,180, declined stock prices 1,490, unchanged stock prices 117, stock prices hitting new highs 164 and stock prices hitting new lows 18. 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: FFIV gain 3.57, HOD 113.74, LOD 107.81, EOD 113.53; APKT gain 11.79, HOD 67.84, LOD 61.85, EOD 67.71; NFLX shed 1.27, HOD 213.67, LOD 208.25, EOD 211.63.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 244, declined stock prices 236, unchanged stock prices 35, 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 1299.75; Change -3.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,317.75; Change -4.75
E-mini DOW $5 (YM) Mar 10: EOD 11,988; Change 15
Nikkei 225 (Yen) Mar 10: EOD 10,455; Change 130
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7242 to U.S. Dollars 1.38
Japanese Yen 81.5250 to U.S. Dollars 0.0123
British Pound 0.6178 to U.S. Dollars 1.6200
Canadian Dollar 0.9893 to U.S. Dollars 1.01
Swiss Franc 0.9404 to U.S. Dollars 1.06
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 11) gain $0.28, EOD $91.05 per barrel ($US per barrel)
Heating Oil (March 11) gain $0.01, EOD $2.77 a gallon ($US per gallon)
Natural Gas (March 11) unchanged, EOD $4.35 per million BTU ($US per mmbtu.)
Unleaded Gas (March 11) shed $0.02, EOD $2.50 gallon ($US per gallon)
Metals Markets - Comex:
Gold (April 11) shed $8.20, EOD $1,332.10 ($US per Troy ounce)
Silver (March 11) shed $0.22, EOD $28.29 ($US per Troy ounce)
Platinum (April 11) shed $4.40, EOD $1,828.60 ($US per Troy ounce)
Copper (March 11) shed $0.00, EOD $4.54 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) shed $1.65, EOD $91.50
Pork Bellies (February 11) unchanged, EOD $112.00
Live Cattle (April 11) shed $1.12, EOD $113.52
Feeder Cattle (March 11) shed $1.70, EOD $125.77
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain $3.25, EOD $669.25
Soybeans (March 11) gain $6.00, EOD $1,444.00
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 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
Private Sector
Stocks were mixed in today's session, despite the better than expected report on job growth in the private sector. (Read more at Millennium-Traders.Com)
Economic data released today:
MBA Mortgage Applications:
U.S. Mortgage Application Volume Jumped Last Week; U.S. MBA Refinance Index rose 11.7% at 2,261.2; Last Week 2,025.2; U.S. MBA Purchase Index rose 9.5% at 188.7; Last Week 172.3.
ADP Nonfarm Employment Change:
ADP January U.S. Private Sector Jobs Expected to rise 143,000; ADP January U.S. Private Sector Jobs rose 187,000.
Crude Oil Inventories from DOE:
U.S. Refineries Ran at 84.5% capacity; Was Seen at 81.50% capacity; U.S. Refineries Ran at 84.5% capacity versus 81.8% capacity a Week Ago; U.S. Distillate Stockpiles fell 1.579 Million Barrels in Week; Was Seen decreasing by 1.1 Million Barrels; U.S. Distillate Stockpiles fell 1.579 Million Barrels at 164.078 Million Barrels; U.S. Gasoline Stockpiles rose 6.154 Million Barrels in Week; Was Seen increasing by 1.8 Million Barrels; U.S. Gasoline Stockpiles rose 6.154 Million Barrels at 236.228 Million Barrels; U.S. Crude Oil Stockpiles rose 2.594 Million Barrels in Week; Was Seen increasing by 2.6 Million Barrels; U.S. Crude Oil Stockpiles rose 2.594 Million Barrels at 343.159 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 1.81 points, EOD 12,041.97
NYSE (New York Stock Exchange) shed 17.77, EOD 8,272.32
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 1.29 points, EOD 2,749.90
S&P 500 (SPX) shed 3.41 points, EOD 1,304.18
BEL 20 (BEL20) gain 5.05 points, EOD 2,688.78
CAC 40 (CAC40) shed 6.09 points, EOD 4,066.53
FTSE100 (UKX100) gain 42.25 points, EOD 6,000.07
NIKKEI 225 (NIK/O) triple digit gain 182.86 points, EOD 10,457.36
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,403, declined stock prices 1,646, unchanged stock prices 93, stock prices hitting new highs 263 and stock prices hitting new lows 14. 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: CRM gain 3.37, HOD 136.96, LOD N/A, EOD 135.01; CF gain 5.12, HOD 143.54, LOD 136.13, EOD 143.52; ENR shed 2.82, HOD 67.63, LOD 65.48, EOD 66.19; HSP shed 4.01, HOD 51.63, LOD 49.51, EOD 51.04.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,180, declined stock prices 1,490, unchanged stock prices 117, stock prices hitting new highs 164 and stock prices hitting new lows 18. 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: FFIV gain 3.57, HOD 113.74, LOD 107.81, EOD 113.53; APKT gain 11.79, HOD 67.84, LOD 61.85, EOD 67.71; NFLX shed 1.27, HOD 213.67, LOD 208.25, EOD 211.63.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 244, declined stock prices 236, unchanged stock prices 35, 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 1299.75; Change -3.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,317.75; Change -4.75
E-mini DOW $5 (YM) Mar 10: EOD 11,988; Change 15
Nikkei 225 (Yen) Mar 10: EOD 10,455; Change 130
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7242 to U.S. Dollars 1.38
Japanese Yen 81.5250 to U.S. Dollars 0.0123
British Pound 0.6178 to U.S. Dollars 1.6200
Canadian Dollar 0.9893 to U.S. Dollars 1.01
Swiss Franc 0.9404 to U.S. Dollars 1.06
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 11) gain $0.28, EOD $91.05 per barrel ($US per barrel)
Heating Oil (March 11) gain $0.01, EOD $2.77 a gallon ($US per gallon)
Natural Gas (March 11) unchanged, EOD $4.35 per million BTU ($US per mmbtu.)
Unleaded Gas (March 11) shed $0.02, EOD $2.50 gallon ($US per gallon)
Metals Markets - Comex:
Gold (April 11) shed $8.20, EOD $1,332.10 ($US per Troy ounce)
Silver (March 11) shed $0.22, EOD $28.29 ($US per Troy ounce)
Platinum (April 11) shed $4.40, EOD $1,828.60 ($US per Troy ounce)
Copper (March 11) shed $0.00, EOD $4.54 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) shed $1.65, EOD $91.50
Pork Bellies (February 11) unchanged, EOD $112.00
Live Cattle (April 11) shed $1.12, EOD $113.52
Feeder Cattle (March 11) shed $1.70, EOD $125.77
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain $3.25, EOD $669.25
Soybeans (March 11) gain $6.00, EOD $1,444.00
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 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
