Daily Market Commentary for January 6, 2011

Holiday Sales

Holiday sales were less than retailers were expecting this December. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
U.S. Jobless Claims rose 18K to 409K in Week of January 1; Compared to Survey of an increase by 22K; U.S. Week of December 25 Jobless Claims Revised to 391K from 388K.

Continuing Jobless Claims:
U.S. Week of December 25 Continuing Claims fell 47K to 4,103,000.

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 21.07 points, EOD 11,701.82
NYSE (New York Stock Exchange) shed 38.06 points, EOD 8,001.98
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 8.11 points, EOD 2,710.31
S&P 500 (SPX) shed 2.32 points, EOD 1,274.24
BEL 20 (BEL20) shed 6.13 points, EOD 2,625.44
CAC 40 (CAC40) shed 0.19 points, EOD 3,904.42
FTSE100 (UKX100) shed 24.35 points, EOD 6,019.51
NIKKEI 225 (NIK/O) triple digit gain 148.99 points, EOD 10,529.76

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,196, declined stock prices 1,885, unchanged stock prices 75, stock prices hitting new highs 198 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: ANX gain 0.29, HOD 3.45, LOD 2.92, EOD 2.96; MON gain 1.72, HOD 72.65, LOD 68.58, EOD 70.85; MCP shed 7.60, HOD 59.49, LOD 52.26, EOD 53.04; LVS shed 0.43, HOD 48.59, LOD 47.26, EOD 47.59; POT gain 6.94, HOD 169.72, LOD 162.96, EOD 168.84; CLF shed 1.78, HOD 85.80, LOD 82.93, EOD 83.15.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,149, declined stock prices 1,521, unchanged stock prices 103, stock prices hitting new highs 188 and stock prices hitting new lows 8. 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: NFLX shed 1.66, HOD 179.69, LOD 175.65, EOD 178.00; FFIV gain 1.07, HOD 139.20, LOD 135.76, EOD 138.39; SHLD shed 1.80, HOD 72.92, LOD 69.50, EOD 70.53.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 211, declined stock prices 280, unchanged stock prices 39, stock prices hitting new highs 23 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 11: EOD 1269.75; Change -2.00
E-mini NASDAQ-100 (NQ) Mar 11: EOD 2,276.00; Change 6.50
E-mini DOW $5 (YM) Mar 11: EOD 11,642; Change -22
Nikkei 225 (Yen) Mar 11: EOD 10,490; Change -15

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7685 to U.S. Dollars 1.30
Japanese Yen 83.3150 to U.S. Dollars 0.012
British Pound 0.6465 to U.S. Dollars 1.55
Canadian Dollar 0.9966 to U.S. Dollars 1.00
Swiss Franc 0.9652 to U.S. Dollars 1.04

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (February 11) shed $1.92, EOD $88.38 per barrel ($US per barrel)
Heating Oil (February 11) shed $0.03, EOD $2.51 a gallon ($US per gallon)
Natural Gas (February 11) shed $0.03, EOD $4.43 per million BTU ($US per mmbtu.)
Unleaded Gas (February 11) shed $0.00, EOD $2.44 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 11) shed $2.00, EOD $1,371.70 ($US per Troy ounce)
Silver (March 11) shed $0.07, EOD $29.13 ($US per Troy ounce)
Platinum (April 11) gain $1.00, EOD $1,735.10 ($US per Troy ounce)
Copper (March 11) shed $0.07, EOD $4.33 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 11) gain 1.87, EOD 79.90
Pork Bellies (February 11) unchanged, EOD 106.00
Live Cattle (February 11) gain 0.22, EOD 106.85
Feeder Cattle (March 11) gain 0.67, EOD 123.08

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) shed 17.25, EOD 602.00
Soybeans (March 11) shed 15.50, EOD 1,378.00

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