Daily Market Commentary for January 31, 2011
Stocks were rising today after Exxon Mobil reported its best earnings since the third quarter in 2008. (Read more at Millennium-Traders.Com
Economic data released today:
Personal Income/Spending (MoM):
November Spending Revised to +0.3% from +0.4%; November Personal Income Revised To +0.4% from +0.3%; U.S. Personal Spending rose 0.7% in December; Compared to Consensus of an increase by 0.5%; U.S. Personal Income rose 0.4% in December; Compared to Consensus of an increase by 0.4%.
Core PCE Price Index (MoM):
December PCE Price Index rose 0.3% Rate on Month; rose 1.2% on Year; December PCE Core Price Index Unchanged % Rate on Month; rose 0.7% on Year.
U.S. Chicago Purchasing Management January New Orders Index 75.7 versus December 68.7; U.S. Chicago Purchasing Management January Employment Index 64.1 versus December 58.4; U.S. Chicago Purchasing Management January Supplier Deliveries 59.8; December 63.2; U.S. Chicago Purchasing Management January Prices Paid Index 81.7 versus December 78.0; U.S. Chicago Purchasing Management Adjusted January Index 68.8 versus December 66.8.
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 68.23 points, EOD 11,891.93
NYSE (New York Stock Exchange) gain 76.42, EOD 8,139.06
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 13.07 points, EOD 2,699.96
S&P 500 (SPX) gain 8.56 points, EOD 1,284.90
BEL 20 (BEL20) shed 8.39 points, EOD 2,638.70
CAC 40 (CAC40) gain 3.18 points, EOD 4,005.50
FTSE100 (UKX100) shed 18.43 points, EOD 5,862.94
NIKKEI 225 (NIK/O) shed 122.42 points, EOD 10,237.92
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,128, declined stock prices 958, unchanged stock prices 94, stock prices hitting new highs 132 and stock prices hitting new lows 24. 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: XOM gain 1.67, HOD 80.82, LOD 79.01, EOD 80.66; APA gain 4.36, HOD 119.37, LOD 114.31, EOD 119.20; CRM shed 2.15, HOD 132.43, LOD 128.41, EOD 129.46; CF gain 0.82, HOD 137.01, LOD 133.26, EOD 134.80; AVT gain 0.64, HOD 35.88, LOD 35.02, EOD 35.65.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,567, declined stock prices 1,107, unchanged stock prices 134, stock prices hitting new highs 71 and stock prices hitting new lows 40. 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: NPSP gain 2.40, HOD 10.17, LOD 9.09, EOD 10.01; NFLX shed 3.59, HOD 216.51, LOD 210.26, EOD 214.39; FFIV shed 1.09, HOD 110.75, LOD 107.91, EOD 108.49; BIDU gain 2.11, HOD 109.19, LOD 106.16, EOD 108.65; SOHU gain 3.70, HOD 78.43, LOD 77.58, EOD 77.58.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 281, declined stock prices 202, unchanged stock prices 24, stock prices hitting new highs 9 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 1282.00; Change 10.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,279.00; Change 11.00
E-mini DOW $5 (YM) Mar 10: EOD 11,834; Change 59
Nikkei 225 (Yen) Mar 10: EOD 10,230; Change 10
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.73030 to U.S. Dollars 1.37
Japanese Yen 82.0450 to U.S. Dollars 0.0122
British Pound 0.6243 to U.S. Dollars 1.6000
Canadian Dollar 1.0016 to U.S. Dollars 0.9983
Swiss Franc 0.9438 to U.S. Dollars 1.06
Energy Sector - Nymex:
Light Crude (March 11) gain $4.32, EOD $92.19 per barrel ($US per barrel)
Heating Oil (March 11) gain $0.11, EOD $2.74 a gallon ($US per gallon)
Natural Gas (March 11) shed $0.17, EOD $4.42 per million BTU ($US per mmbtu.)
Unleaded Gas (March 11) gain $0.06, EOD $2.50 gallon ($US per gallon)
Metals Markets - Comex:
Gold (February 11) shed $10.70, EOD $1,333.80 ($US per Troy ounce)
Silver (March 11) gain $0.84, EOD $28.17 ($US per Troy ounce)
Platinum (April 11) shed $18.70, EOD $1,800.90 ($US per Troy ounce)
Copper (March 11) gain $0.11, EOD $4.46 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) gain $7.70, EOD $93.95
Pork Bellies (February 11) gain $4.50, EOD $114.00
Live Cattle (April 11) gain $2.32, EOD $114.00
Feeder Cattle (March 11) gain $2.45, EOD $128.00
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain $4.25, EOD $659.50
Soybeans (March 11) gain $8.50, EOD $1,413.00
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 readingMillennium-Traders.Com