Daily Market Commentary for February 10, 2010

Honda

Honda announced they will add close to 400,000 more vehicles to its recall, due to faulty airbags. (Read more at Millennium-Traders.Com)

Economic data released today;

MBA Mortgage Applications;
U.S. MBA refinance index rose 1.4% at 2893.9; Last Week 2854.8; U.S. MBA Purchase Index fell 7.0% at 221.2; Last Week 237.8; U.S. MBA Market Index fell 1.2% at 613.1; Last Week 620.7.

Trade Balance:
December Exports $142.70B, rose 3.3%; Imports $182.88B, rose 4.8%; November Trade Balance Revised to Deficit $36.39B from Deficit $36.40B; U.S. December Trade Deficit $40.18B; Compared to Consensus of a Deficit of $36.8B.

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 14.82 points, EOD 10,043.82
NYSE (New York Stock Exchange) shed 16.04, EOD 6,819.12
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 3.64 points, EOD 2,147.23
S&P 500 (SPX) shed 2.49 points, EOD 1,068.03
BEL 20 (BEL20) gain 27.61 points, EOD 2,440.79
CAC 40 (CAC40) gain 22.85 points, EOD 3,635.61
FTSE100 (UKX100) gain 20.15 points, EOD 5,131.99
NIKKEI 225 (NIK/O) shed 72.8 points, EOD 9,963.99

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,522 declined stock prices 1,545, unchanged stock prices 112, stock prices hitting new highs 51 and stock prices hitting new lows 12. 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: RTP shed 1.08, HOD 201.42, LOD 194.85, EOD 199.20; FAS gain 1.44, HOD 66.56, LOD 62.52, EOD 64.77; AHL gain 1.26, HOD 28.07, LOD 27.01, EOD 27.99; SF gain 3.51, HOD 55.19, LOD 52.00, EOD 54.09; EOG shed 6.30, HOD 90.99, LOD 86.78, EOD 88.24; GS gain 1.14, HOD 155.35, LOD 151.76, EOD 153.63; AIG gain 3.78, HOD 27.64, LOD 22.95, EOD 26.92.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,297, declined stock prices 1,325, unchanged stock prices 152, stock prices hitting new highs 30 and stock prices hitting new lows 24. 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: ISIS shed 2.06, HOD 9.50, LOD 8.85, EOD 8.98; BIDU gain 47.12, HOD 482.94, LOD 465.01, EOD 482.13; NTGR gain 2.20, HOD 25.22, LOD 23.51, EOD 23.96; AMZN shed 0.60, HOD 118.61, LOD 116.00, EOD 117.36; CERN shed 1.58, HOD 82.50, LOD 77.24, EOD 77.38; ASEI shed 2.07, HOD 76.32, LOD 73.62, EOD 74.63; GENZ shed 0.37, HOD 55.00, LOD 53.88, EOD 54.50; MICC gain 4.96, HOD 78.92, LOD 75.77, EOD 77.99; GOOG shed 1.99, HOD 537.79, LOD 527.69, EOD 534.44; FSLR shed 3.96, HOD 113.04, LOD 107.25, EOD 109.33.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 234, declined stock prices 251, unchanged stock prices 36, stock prices hitting new highs 11 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 1065.50; Change -0.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,748.25; Change -3.75
E-mini DOW $5 (YM) Mar 10: EOD 10,001; Change -3
E-mini S&P MidCap 400 (MF) Mar 10: EOD 698.70; Change 0.50
Nikkei 225 (Yen) Mar 10: EOD 10,020; Change 0

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7282 U.S. Dollars 1.3732
Japanese Yen 89.9500 to U.S. Dollars 0.0111
British Pound 0.6418 to U.S. Dollars 1.5582
Canadian Dollar 1.0626 to U.S. Dollars 0.9411
Swiss Franc 1.0680 to U.S. Dollars 0.9363

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 10) gain $0.71, EOD $74.46 per barrel ($US per barrel)
Heating Oil (March 10) gain $0.01, EOD $1.95 a gallon ($US per gallon)
Natural Gas (March 10) shed $0.02 EOD $5.31 per million BTU ($US per mmbtu.)
Unleaded Gas (March 10) unchanged $0.00 EOD $1.93 gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 10) shed $1.10, EOD $1,076.10 ($US per Troy ounce)
Silver (March 10) shed $0.11, EOD $15.33 ($US per Troy ounce)
Platinum (April 10) gain $8.30, EOD $1,510.70 ($US per Troy ounce)
Copper (March 10) gain $0.01, EOD $2.99 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 10) gain $0.33, EOD $68.18
Pork Bellies (March 10) gain $1.45, EOD $84.50
Live Cattle (April 10) gain $0.08, EOD $91.55
Feeder Cattle (March 10) gain $0.28, EOD $100.25

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 10) gain $3.75, EOD $362.25
Soybeans (March 10) gain $13.50, EOD $938.00

BOND MARKET:
2 year EOD 99 31/32, change -4/42, Yield 0.88, Yield change 0.06
5 year EOD 99 14/32, change -9/32, Yield 2.36 Yield change 0.06
10 year EOD 97 13/32, change 16/32, Yield 3.69 Yield change 0.05                     
30 year EOD 95 25/32, change -28/32, Yield 4.63, change 0.05

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