Daily Market Commentary for April 13, 2011
Bank Stocks Fell Today
Bank stocks fell today after JPMorgan's future outlook made investors nervous. (Read more at http://www.millennium-traders.com/news/BankStocksFellToday.aspx
Economic data released today:
Chicago Fed Financial Conditions Index fell 0.63 Through April 8.
MBA Mortgage Applications:
U.S. MBA Market Index fell 6.7% at 444.0; Last Week 475.7; U.S. MBA Purchase Index fell 4.7% at 191.7; Last Week 201.2; U.S. MBA Refinance Index fell 7.7% at 1,923.9; Last Week 2,084.1.
February Retail & Food Sales Revised to +1.1% from +1.0%; U.S. March Retail & Food Sales Excluding-Autos rose 0.8%; U.S. March Retail & Food Sales rose 0.4%; Compared to Consensus of an increase by 0.5%.
U.S. February Business Inventories rose 0.5%; Was Expected to rise 0.7%.
Crude Oil Inventories from DOE:
U.S. Crude Oil Stockpiles rose 1.627 Million Barrels at 359.291 Million Barrels; U.S. Crude Oil Stockpiles rose 1.627 Million Barrels in Week; Was Seen increasing by 1.1 Million Barrels; U.S. Gasoline Stockpiles fell 7.0 Million Barrels at 209.679 Million Barrels; U.S. Gasoline Stockpiles fell 7.0 Million Barrels in Week; Was Seen decreasing by 0.7 Million Barrels; U.S. Distillate Stockpiles fell 2.681 Million Barrels at 150.839 Million Barrels; U.S. Distillate Stockpiles fell 2.681 Million Barrels in Week; Was Seen Unchanged; U.S. Refineries Ran at 81.4% capacity versus 84.4% a Week Ago; U.S. Refineries Ran at 81.4% capacity; was Seen 84.70%.
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 7.41 points, EOD 12,270.99
NYSE (New York Stock Exchange) shed 52.40, EOD 8,413.05
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 15.87 points, EOD 2,760.66
S&P 500 (SPX) shed 0.03 points, EOD 1,314.13
BEL 20 (BEL20) gain 24.34 points, EOD 2,719.18
CAC 40 (CAC40) gain 29.63 points, EOD 4,006.23
FTSE100 (UKX100) gain 45.97 points, EOD 6,010.44
NIKKEI 225 (NIK/O) gain 85.92 points, EOD 9,641.18
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,607, declined stock prices 1,473, unchanged stock prices 89, stock prices hitting new highs 49 and stock prices hitting new lows 15. 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: GRM gain 5.40, HOD 22.12, LOD 20.40, EOD 22.11; CYH gain 1.51, HOD 34.31, LOD 30.85, EOD 32.99; MCO gain 0.34, HOD 35.89, LOD 35.47, EOD 35.54; MUR gain 0.30, HOD 74.36, LOD 73.10, EOD 73.36; CF gain 0.11, HOD 136.02, LOD 131.75, EOD 133.93; MCP shed 1.05, HOD 72.80, LOD 69.60, EOD 70.03.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,345, declined stock prices 1,267, unchanged stock prices 143, stock prices hitting new highs 43 and stock prices hitting new lows 44. 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: RVBD gain 3.81, HOD 36.35, LOD 34.54, EOD 34.73; BIDU gain 4.83, HOD 146.23, LOD 142.21, EOD 145.54; NFLX gain 4.68, HOD 238.80, LOD 232.27, EOD 238.60; ADTN shed 0.52, HOD 43.86, LOD 39.75, EOD 41.08; SHLD shed 0.94, HOD 79.07, LOD 77.64, EOD 78.00; DCTH gain 1.38, HOD 9.70, LOD 7.16, EOD 8.64; GMCR shed 0.03, HOD 67.17, LOD 65.53, EOD 66.80; STRA shed 9.56, HOD 134.70, LOD 123.74, EOD 124.38.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 255, declined stock prices 213, unchanged stock prices 29, stock prices hitting new highs 4 and stock prices hitting new lows 7.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1310.25; Change 2.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,312.00; Change 19.00
E-mini DOW $5 (YM) Mar 10: EOD 12,210; Change 17
Nikkei 225 (Yen) Mar 10: EOD 9590; Change 90
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6922 to U.S. Dollars 1.44
Japanese Yen 83.7950 to U.S. Dollars 0.0119
British Pound 0.6146 to U.S. Dollars 1.6300
Canadian Dollar 0.9628 to U.S. Dollars 1.04
Swiss Franc 0.8962 to U.S. Dollars 1.12
Energy Sector - Nymex:
Light Crude (May 11) gain $0.86, EOD $107.11 per barrel ($US per barrel)
Heating Oil (May 11) gain $0.03, EOD $3.20 a gallon ($US per gallon)
Natural Gas (May 11) gain $0.04, EOD $4.14 per million BTU ($US per mmbtu.)
Unleaded Gas (May 11) gain $0.07, EOD $3.24 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (June 11) gain $2.00, EOD $1,455.60 ($US per Troy ounce)
Silver (May 11) gain $0.17, EOD $40.24 ($US per Troy ounce)
Platinum (July 11) gain $2.90, EOD $1,777.20 ($US per Troy ounce)
Copper (May 11) shed $0.08, EOD $4.29 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 11) gain $2.20, EOD $101.55
Pork Bellies (February 12) unchanged, EOD $120.00
Live Cattle (June 11) gain $0.20, EOD $115.80
Feeder Cattle (August 11) gain $1.17, EOD $136.58
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 11) gain $3.50, EOD $761.00
Soybeans (November 11) gain $7.25, EOD $1,351.50
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