Daily Market Commentary for October 25, 2010

Balanced Trade

Stocks rallied triple digits early in today's session, on news that leaders of the G-20 want to focus on balanced trade. (Read more at Millennium-Traders.Com)

Economic data released today:

Existing Home Sales:
U.S. September Median Existing Home Price fell 2.4% on Year to $171,700; U.S. Inventory of Unsold U.S. Homes at 10.7 Months Supply; U.S. September Existing Home Sales Consensus 4.35M Rate; U.S. September Existing Home Sales rose 10.0% to 4.53M Rate.

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 31.49 points, EOD 11,164.05
NYSE (New York Stock Exchange) gain 23.32, EOD 7,546.23
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 11.25 points, EOD 2,490.64
S&P 500 (SPX) gain 2.35 points, EOD 1,185.16
BEL 20 (BEL20) gain 7.11 points, EOD 2,698.64
CAC 40 (CAC40) gain 1.46 points, EOD 3,870.00
FTSE100 (UKX100) gain 10.61 points, EOD 5,751.98
NIKKEI 225 (NIK/O) shed 25.55 points,, EOD 9,401.16

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,832, declined stock prices 1,213, unchanged stock prices 96, stock prices hitting new highs 301 and stock prices hitting new lows 7. 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: POT gain 2.16, HOD 144.00, LOD 142.25, EOD 143.95; ROP gain 0.93, HOD 72.62, LOD 70.28, EOD 70.43; LO gain 1.14, HOD 87.44, LOD 85.02, EOD 85.20; CF gain 0.45, HOD 122.02, LOD 117.59, EOD 118.08; CRM gain 4.76, HOD 113.65, LOD 109.51, EOD 112.68; CME shed 0.55, HOD 285.80, LOD 280.73, EOD 282.80.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,623, declined stock prices 1,059, unchanged stock prices 129, stock prices hitting new highs 182 and stock prices hitting new lows 28. 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: SOHU gain 9.24, HOD 76.91, LOD 68.70, EOD 74.99; AMZN shed 0.11, HOD 171.99, LOD 168.32, EOD 169.03; AAPL gain 1.42, HOD 311.60, LOD 308.44, EOD 309.01; NFLX shed 1.13, HOD 169.85, LOD 165.06, EOD 167.06; SVNT shed 9.65, HOD 21.83, LOD 10.43, EOD 12.02; APSG gain 1.97, HOD 33.75, LOD 32.25, EOD 33.30.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 283, declined stock prices 197, unchanged stock prices 48, stock prices hitting new highs 19 and stock prices hitting new lows 10.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1183.50; Change 2.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,114.25; Change 10.25
E-mini DOW $5 (YM) Mar 10: EOD 11,131; Change 41
Nikkei 225 (Yen) Mar 10: EOD 9,400; Change -45

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7153 to U.S. Dollars 1.4000
Japanese Yen 80.7950 to U.S. Dollars 0.0123
British Pound 0.6351 to U.S. Dollars 1.5700
Canadian Dollar 1.0186 to U.S. Dollars 0.9808
Swiss Franc 0.9702 to U.S. Dollars 1.03

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 10) gain $0.83, EOD $82.52 per barrel ($US per barrel)
Heating Oil (December 10) gain $0.00, EOD $2.27 a gallon ($US per gallon)
Natural Gas (November 10) shed $0.01, EOD $3.32 per million BTU ($US per mmbtu.)
Unleaded Gas (December 10) gain $0.01, EOD $2.07 gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 10) gain $13.80, EOD $1,338.90 ($US per Troy ounce)
Silver (December 10) gain $0.42, EOD $23.54 ($US per Troy ounce)
Platinum (January 11) gain $21.90, EOD $1,697.00 ($US per Troy ounce)
Copper (December 10) gain $0.06, EOD $3.86 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 10) shed $2.20, EOD $68.45
Pork Bellies (February 11) gain $1.50, EOD $104.00
Live Cattle (December 10) shed $1.05, EOD $100.65
Feeder Cattle (January 11) shed $1.10, EOD $111.75

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) gain $8.75, EOD $568.75
Soybeans (January 11) gain $18.50, EOD $1,230.00

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