Daily Market Commentary for February 10, 2011

Cisco Systems

A highly anticipated earnings report from Cisco Systems disappointed, causing stocks to fall early in the session. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
Four-Week Moving Average of New Claims Drops by 16K; U.S. January 29 Week Jobless Claims Revised to 419K from 415K; Level of Jobless Claims Lowest Since July 2008; U.S. Jobless Claims fell 36K to 383K in Week ended February 5; Compared to Survey of a decrease by 4K.

Continuing Jobless Claims:
U.S. January 29 Week Continuing Claims fell 47K to 3,888,000.

Wholesale Inventories (MoM):
U.S. December Wholesale Inventories rose 1.0%; was expected to increase by 0.5%.

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 33.11 points, EOD 12,206.78
NYSE (New York Stock Exchange) shed 13.34, EOD 8,330.65
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 2.35 points, EOD 2,786.72
S&P 500 (SPX) shed 0.46 points, EOD 1,320.42
BEL 20 (BEL20) shed 17.48 points, EOD 2,702.46
CAC 40 (CAC40) gain 4.4 points, EOD 4,095.14
FTSE100 (UKX100) shed 32.28 points, EOD 6,020.01
NIKKEI 225 (NIK/O) shed 12.18 points, EOD 10,605.65

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,489, declined stock prices 1,547, unchanged stock prices 110, stock prices hitting new highs 181 and stock prices hitting new lows 18. 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: ESI gain 2.68, HOD 69.42, LOD 65.27, EOD 68.30; CF  shed 1.63, HOD 153.83, LOD 149.90, EOD 150.29; LF  gain 0.13, HOD 4.81, LOD 4.20, EOD 4.43.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,362, declined stock prices 1,271, unchanged stock prices 153, stock prices hitting new highs 173 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: ASYS  shed 2.16, HOD 26.39, LOD 23.89, EOD 24.50; APKT  gain 3.02, HOD 74.46, LOD 69.50, EOD 73.86; FFIV  gain 3.34, HOD 127.95, LOD 121.00, EOD 127.00; AAPL  shed 3.62, HOD 360.00, LOD 348.00, EOD 354.54; AKAM  shed 7.24, HOD 42.08, LOD 39.90, EOD 40.75; WFMI  gain 6.30, HOD 60.94, LOD 58.49, EOD 60.05; SHLD  gain 1.14, HOD 90.46, LOD 86.32, EOD 88.46; FNSR  gain 0.91, HOD 41.94, LOD 39.01, EOD 40.93.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 199, declined stock prices 276, unchanged stock prices 23, stock prices hitting new highs 18 and stock prices hitting new lows 5.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1316.25; Change -3.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,356.75; Change -5.50
E-mini DOW $5 (YM) Mar 10: EOD 12,168; Change -39
Nikkei 225 (Yen) Mar 10: EOD 10,655; Change 40

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7353 to U.S. Dollars 1.36
Japanese Yen 83.3250 to U.S. Dollars 0.012
British Pound 0.6213 to U.S. Dollars 1.6100
Canadian Dollar 0.9956 to U.S. Dollars 1.00
Swiss Franc 0.9698 to U.S. Dollars 1.03

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 11) gain $0.02, EOD $86.73 per barrel ($US per barrel)
Heating Oil (March 11) shed $0.05, EOD $2.71 a gallon ($US per gallon)
Natural Gas (March 11) shed $0.05, EOD $3.99 per million BTU ($US per mmbtu.)
Unleaded Gas (March 11) shed $0.05, EOD $2.47 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 11) shed $3.00, EOD $1,362.50 ($US per Troy ounce)
Silver (March 11) shed $0.18, EOD $30.09 ($US per Troy ounce)
Platinum (April 11) shed $28.60, EOD $1,830.80 ($US per Troy ounce)
Copper (March 11) gain $0.01, EOD $4.54 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) gain $2.40, EOD $93.65
Pork Bellies (February 11) gain $2.00, EOD $117.00
Live Cattle (April 11) gain $1.80, EOD $113.07
Feeder Cattle (March 11) gain $1.90, EOD $124.82

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain $0.50, EOD $698.50
Soybeans (March 11) shed $18.00, EOD $1,433.00

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