Daily Market Commentary for February 1, 2011

Quarterly Earnings Calendar

As global news has been at the top of the list of concerns for investors, they have been turning to company news being reported from this quarterly earnings calendar to help boost stocks. (Read more at Millennium-Traders.Com)

Economic data released today:

Redbook:
U.S. Retail Sales First 4 Weeks of January fell 0.9% versus December; U.S. Retail Sales First 4 Weeks January rose 2.3% versus January Year-Ago; U.S. Retail Sales rose 1.8% Week Ended January 29 versus Year Ago.

ISM Manufacturing Index:
U.S. ISM January Production Index 63.5 versus December 63.0; U.S. ISM January Inventories Index 52.4 versus December 51.8; U.S. ISM January New Orders Index 67.8 versus December 62.0; U.S. ISM January Employment Index 61.7 versus December 58.9; U.S. ISM January Prices Index 81.5 versus December 72.5; U.S. ISM January Manufacturing PMI Expected 58.0; U.S. ISM January Manufacturing PMI 60.8 versus December 58.5.

Construction Spending (MoM):
November Construction Spending Revised to -0.2% from +0.4%; U.S. Construction Spending fell 2.5% in December; Compared to Consensus of an increase by 0.1%.

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) triple digit gain 144.60 points, EOD 12,036.53
NYSE (New York Stock Exchange) triple digit gain 148.56, EOD 8,287.72
National Association of Securities Dealers Automated Quotations (NASDAQ) triple digit gain 49.72 points, EOD 2,749.80
S&P 500 (SPX) gain 21.46 points, EOD 1,307.58
BEL 20 (BEL20) gain 45.03 points, EOD 2,683.73
CAC 40 (CAC40) gain 67.12 points, EOD 4,072.62
FTSE100 (UKX100) gain 94.88 points, EOD 5,957.82
NIKKEI 225 (NIK/O) gain 36.58 points, EOD 10,274.50

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,560, declined stock prices 549, unchanged stock prices 73, stock prices hitting new highs 330 and stock prices hitting new lows 17. 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: UPS gain 2.97, HOD 75.19, LOD 73.78, EOD 74.60; ENR shed 3.82, HOD 69.10, LOD 61.60, EOD 68.92; CMI gain 2.63, HOD 108.32, LOD 101.85, EOD 107.51; CF gain 3.16, HOD 139.55, LOD 135.79, EOD 138.20; CME gain 8.18, HOD 317.37, LOD 309.34, EOD 316.74

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,066, declined stock prices 647, unchanged stock prices 87, stock prices hitting new highs 189 and stock prices hitting new lows 25. 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: OREX shed 6.57, HOD 2.75, LOD 2.74, EOD 2.52; BIDU gain 9.80, HOD 119.21, LOD 115.10, EOD 118.43; FFIV gain 1.66, HOD 111.00, LOD 108.75, EOD 110.04; FSLR gain 1.43, HOD 159.23, LOD 153.45, EOD 156.01.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 349, declined stock prices 139, unchanged stock prices 25, stock prices hitting new highs 24 and stock prices hitting new lows 6.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1304.75; Change 22.25
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,325.00; Change 45.00
E-mini DOW $5 (YM) Mar 10: EOD 11,992; Change 152
Nikkei 225 (Yen) Mar 10: EOD 10,340; Change 90

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7230 to U.S. Dollars 1.38
Japanese Yen 81.4050 to U.S. Dollars 0.0123
British Pound 0.6191 to U.S. Dollars 1.6200
Canadian Dollar 0.9906 to U.S. Dollars 1.01
Swiss Franc 0.9360 to U.S. Dollars 1.07

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 11) shed $1.42, EOD $90.77 per barrel ($US per barrel)
Heating Oil (March 11) gain $0.01, EOD $2.76 a gallon ($US per gallon)
Natural Gas (March 11) shed $0.07, EOD $4.35 per million BTU ($US per mmbtu.)
Unleaded Gas (March 11) gain $0.01, EOD $2.52 gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 11) gain $5.80, EOD $1,340.30 ($US per Troy ounce)
Silver (March 11) gain $0.34, EOD $28.51 ($US per Troy ounce)
Platinum (April 11) gain $32.10, EOD $1,833.00 ($US per Troy ounce)
Copper (March 11) gain $0.08, EOD $4.55 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) shed $0.87, EOD $93.12
Pork Bellies (February 11) gain $1.00, EOD $112.00
Live Cattle (April 11) gain $0.62, EOD $114.68
Feeder Cattle (March 11) shed $0.55, EOD $127.45

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain $6.50, EOD $666.00
Soybeans (March 11) gain $25.00, EOD $1,438.00

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