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The Big Three
« on: August 03, 2010, 03:22:05 PM »
Daily Market Commentary for August 3, 2010

The Big Three

July was a great month for some of the big three automakers, sales were at their highest in two years. (Read more at Millennium-Traders.Com)

Economic data released today:

Core PCE Price Index (MoM):
June PCE Price Index fell 0.1% Rate on Month; rose 1.4% on Year.

Personal Income/Spending (MoM):
May Spending Revised to a rise by 0.1% from an increase by 0.2%; May Personal Income Revised to a rise by 0.3% from an increase by 0.4%; U.S. Personal Spending Unchanged in June; Compared to Consensus of an increase by 0.1%; June PCE Core Price Index Unchanged Rate on Month; rose 1.4% on Year; U.S. Personal Income Unchanged in June; Compared to Consensus of a decrease by 0.2%.

Redbook:
U.S. Retail Sales rose 3.0% Week End July 31 versus a Year Ago; U.S. Retail Sales First 4 Weeks July +2.9% versus July Year-Ago; U.S. Retail Sales First 4 Weeks July rose 0.6% versus June.

Pending Home Sales (MoM):
U.S. June Pending Home Sales fell 18.6% from June 2009; U.S. Pending Home Sales Index fell 2.6% to 75.7 in June.

Factory Orders (MoM):
May Factory Orders Revised to fall 1.8% from a decrease by 1.4%; June Factory Orders, Excluding Defense, fell 1.1%; June Durable Goods Revised to fall 1.2% from a decrease by 1.0%; June Factory Orders, Excluding Transportation, fell 1.1%; U.S. Factory Orders fell 1.2% in June; Compared to Consensus of a decrease 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 38.00 points, EOD 10,636.38
NYSE (New York Stock Exchange) shed 27.96, EOD 7,146.94
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 13.71 points, EOD 2,281.65
S&P 500 (SPX) shed 6.04 points, EOD 1,119.82
BEL 20 (BEL20) gain 9.57 points, EOD 2,588.92
CAC 40 (CAC40) shed 4.52 points, EOD 3,747.52
FTSE100 (UKX100) shed 0.63 points, EOD 5,396.48
NIKKEI 225 (NIK/O) triple digit gain 123.7 points, EOD 9,694.01

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,179, declined stock prices 1,879, unchanged stock prices 102, stock prices hitting new highs 214 and stock prices hitting new lows 10. 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: MA shed 2.12, HOD 204.60, LOD 198.00, EOD 200.40; BHI shed 6.56, HOD 45.69, LOD 42.79, EOD 43.67; HLF gain 5.80, HOD 55.82, LOD 52.50, EOD 54.99; DF shed 1.04, HOD 11.49, LOD 10.57, EOD 10.70; PFG shed 1.28, HOD 25.60, LOD 24.00, EOD 24.80; ESI shed 3.75, HOD 82.28, LOD 77.35, EOD 78.88.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 959, declined stock prices 1,720, unchanged stock prices 115, stock prices hitting new highs 66 and stock prices hitting new lows 31. 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: AAPL shed 0.29, HOD 263.26, LOD 259.42, EOD 261.56; SYKE shed 3.40, HOD 12.12, LOD 10.85, EOD 11.91; CTSH gain 5.18, HOD 63.94, LOD 59.85, EOD 60.60; AMZN gain 2.22, HOD 122.87, LOD 119.68, EOD 122.29; AAWW shed 8.95, HOD 60.60, LOD 47.27, EOD 50.30.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 243, declined stock prices 230, unchanged stock prices 45, stock prices hitting new highs 18 and stock prices hitting new lows 3.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1116.00; Change -5.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,887.75; Change -6.50
E-mini DOW $5 (YM) Mar 10: EOD 10,578; Change -39
Nikkei 225 (Yen) Mar 10: EOD 9,625; Change -95

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7557 to U.S. Dollars 1.3200
Japanese Yen 85.8350 to U.S. Dollars 0.0116
British Pound 0.6292 to U.S. Dollars 1.5900
Canadian Dollar 1.0234 to U.S. Dollars 0.9768
Swiss Franc 1.0389 to U.S. Dollars 0.9624

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (September 10) gain $1.21, EOD $82.55 per barrel ($US per barrel)
Heating Oil (September 10) gain $0.04, EOD $2.20 a gallon ($US per gallon)
Natural Gas (September 10) shed $0.06, EOD $4.64 per million BTU ($US per mmbtu.)
Unleaded Gas (September 10) gain $0.02, EOD $2.19 gallon ($US per gallon)

Metals Markets - Comex:
Gold (August 10) gain $1.80, EOD $1,185.20 ($US per Troy ounce)
Silver (August 10) gain $0.00, EOD $18.41 ($US per Troy ounce)
Platinum (August 10) gain $10.30, EOD $1,587.10 ($US per Troy ounce)
Copper (August 10) shed $0.03, EOD $3.36 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (August 10) gain $0.07, EOD $86.98
Pork Bellies (August 10) gain $3.00, EOD $109.50
Live Cattle (August 10) shed $0.27, EOD $91.90
Feeder Cattle (August 10) gain $0.40, EOD $113.00

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (September 10) shed $1.00, EOD $389.50
Soybeans (August 10) gain $0.25, EOD $1,053.50

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