Daily Market Commentary for February 25, 2011
Oil prices were falling today, causing stocks to advance after days of losses. (Read more at http://www.millennium-traders.com/news/marketcommentaryfebruary252011.aspxMillennium-Traders.Com
Economic data released today:
4Q Preliminary Real Final Sales rose 6.7% versus Advance increasing by 7.1%; U.S. 4Q GDP Consensus rose 3.3%; U.S. 4Q Prelim GDP rose 2.8% versus Advance GDP increasing by 3.2%.
GDP Price Index (QoQ):
4Q Preliminary Chain-Weighted Price Index rose 0.4% versus Advance increasing by 0.3%; 4Q Preliminary Purchases Price Index rose 2.1% versus Advance increasing by 2.1%; 4Q Preliminary Core PCE Price Index rose 0.5% versus Advance increasing by 0.4%; 4Q Preliminary PCE Price Index rose 1.8% versus Advance increasing by 1.8%.
Michigan Consumer Sentiment Index:
University of Michigan End-February Current Index 86.9; University of Michigan End- February Expectations 71.6; University of Michigan 12-Month Inflation Forecast rose 3.4%; University of Michigan 5-Year Inflation Forecast rose 2.9%; University of Michigan End- February Sentiment 77.5.
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) gain 63.80 points, EOD 12,132.30
NYSE (New York Stock Exchange) triple digit gain 101.76, EOD 8,378.05
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 41.84 points, EOD 2,779.74
S&P 500 (SPX) gain 13.90 points, EOD 1,320
BEL 20 (BEL20) gain 26.44 points, EOD 2,692.41
CAC 40 (CAC40) gain 60.74 points, EOD 4,070.38
FTSE100 (UKX100) gain 81.22 points, EOD 6,001.20
NIKKEI 225 (NIK/O) gain 74.05 points, EOD 10,526.76
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,516, declined stock prices 568, unchanged stock prices 64, stock prices hitting new highs 135 and stock prices hitting new lows 14. 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: CMG gain 3.48, HOD 255.00, LOD 246.29, EOD 248.78; CF gain 6.01, HOD 140.20, LOD 135.48, EOD 140.03; CME gain 8.99, HOD 314.41, LOD 304.61, EOD 313.55; EOG gain 1.58, HOD 112.49, LOD 110.04, EOD 111.75; HS gain 0.35, HOD 37.44, LOD 37.44, EOD 36.95.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,127, declined stock prices 543, unchanged stock prices 110, stock prices hitting new highs 91 and stock prices hitting new lows 19. 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: OVTI gain 7.58, HOD 31.53, LOD 28.61, EOD 31.43; DECK shed 1.50, HOD 94.70, LOD 87.41, EOD 88.30; GMCR gain 0.09, HOD 41.72, LOD 39.23, EOD 41.57; NFLX shed 2.74, HOD 217.49, LOD 211.05, EOD 212.44; AAPL gain 5.28, HOD 348.43, LOD 344.80, EOD 348.16; FFIV gain 3.12, HOD 122.65, LOD 118.64, EOD 120.18; APKT gain 3.85, HOD 76.95, LOD 73.53, EOD 76.65; IDCC gain 1.11, HOD 48.81, LOD 46.57, EOD 48.37; AMED gain 0.84 HOD 35.61, LOD 34.42, EOD 25.32; ARUN gain 0.58, HOD 30.47, LOD 29.08, EOD 30.23; GPOR gain 0.97, HOD 29.40, LOD 28.59, EOD 29.39; FICO gain 0.99, HOD 28.48, LOD 27.65, EOD 28.40; APEI gain 0.28, HOD 43.21, LOD 42.21, EOD 43.11.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 348, declined stock prices 148, unchanged stock prices 23, stock prices hitting new highs 21 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 1319.00; Change 16.25
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,346.75; Change 38.50
E-mini DOW $5 (YM) Mar 10: EOD 12,123; Change 86
Nikkei 225 (Yen) Mar 10: EOD 10,545; Change 120
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7274 to U.S. Dollars 1.37
Japanese Yen 81.6650 to U.S. Dollars 0.0122
British Pound 0.6209 to U.S. Dollars 1.6100
Canadian Dollar 0.9790 to U.S. Dollars 1.02
Swiss Franc 0.9284 to U.S. Dollars 1.08
Energy Sector - Nymex:
Light Crude (April 11) gain $0.60, EOD $97.88 per barrel ($US per barrel)
Heating Oil (April 11) gain $0.05, EOD $2.95 a gallon ($US per gallon)
Natural Gas (April 11) gain $0.13, EOD $4.00 per million BTU ($US per mmbtu.)
Unleaded Gas (April 11) gain $0.03, EOD $2.91 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (April 11) shed $6.50, EOD $1,409.30 ($US per Troy ounce)
Silver (March 11) shed $0.26, EOD $32.90 ($US per Troy ounce)
Platinum (April 11) gain $16.60, EOD $1,803.40 ($US per Troy ounce)
Copper (March 11) gain $0.10, EOD $4.44 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) gain $0.65, EOD $90.15
Pork Bellies (March 11) shed $0.50, EOD $116.50
Live Cattle (April 11) gain $0.55, EOD $114.20
Feeder Cattle (March 11) gain $0.42, EOD $129.82
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 11) gain $25.50, EOD $722.00
Soybeans (May 11) gain $45.75, EOD $1,375.00
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