Daily Market Commentary for January 13, 2011

Initial Unemployment Claims

Stocks were mixed in today's session, following a rather disappointing report on initial unemployment claims. (Read more at Millennium-Traders.Com)

Economic data released today:

Continuing Jobless Claims:
U.S. Week of January 1 Jobless Claims Revised to 410K from 409K; U.S. Week of January 1 Continuing Claims fell 248K to 3,879,000; U.S. Jobless Claims rose 35K to 445K in Week of Jan 8; Compared to Survey of a decrease by 2K.

PPI (MoM):
U.S. November PPI Unrevised at +0.8%; U.S. December Passenger Car Prices fell 0.4%; U.S. December PPI Energy Prices rose 3.7%; U.S. December PPI Crude Goods rose 4.0%; Core rose 3.1%; U.S. December PPI Intermediate Goods rose 1.0%; Core rose 0.4%; U.S. December PPI Ex-Food & Energy rose 0.2%; Compared to Consensus of an increase by 0.2%; U.S. December Producer Prices rose 1.1%; Compared to Consensus of an increase by 0.8%.

Trade Balance:
U.S. November Trade Gap With China Expands Despite Record Exports; November Exports $159.65B, rose 0.8%; Imports $197.96B, rose 0.6%; October Trade Balance Revised to Deficit $38.42B from Deficit $38.71B; U.S. November Trade Deficit $38.31B; Compared to Consensus of a Deficit of $40.7B.

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 25.36 points, EOD 11,730.08
NYSE (New York Stock Exchange) shed 6.80 EOD 8,119.20
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 5.02 points, EOD 2,732.31
S&P 500 (SPX) shed 2.78 points, EOD 1,283.18
BEL 20 (BEL20) gain 6.28 points, EOD 2,632.68
CAC 40 (CAC40) gain 29.76 points, EOD 3,974.83
FTSE100 (UKX100) shed 26.84 points, EOD 6,023.88
NIKKEI 225 (NIK/O) gain 76.96 points, EOD 10,589.76

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,342, declined stock prices 1,716, unchanged stock prices 106, stock prices hitting new highs 243 and stock prices hitting new lows 108. 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: LVS shed 1.36, HOD 49.44, LOD 46.88, EOD 47.24;
CRM gain 2.32, HOD 145.28, LOD 140.70, EOD 143.96; CMG gain 11.73, HOD 229.56, LOD 219.05, EOD 229.31; POT shed 0.09, HOD 171.80, LOD 168.15, EOD 169.89.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,158, declined stock prices 1,476, unchanged stock prices 144, stock prices hitting new highs 207 and stock prices hitting new lows 11. 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: LEDS shed 9.85, HOD 19.56, LOD 18.55, EOD 18.75; INFY shed 4.92, HOD 72.82, LOD 70.70, EOD 71.77; CREE shed 3.81, HOD 67.20, LOD 65.12, EOD 65.46; APOL gain 0.53, HOD 42.39, LOD 41.60, EOD 42.39; FFIV gain 1.34, HOD 145.76, LOD 141.50, EOD 143.95; AAPL gain 1.26, HOD 346.64, LOD 343.85, EOD 345.68; STRA shed 0.62, HOD 125.49, LOD 122.27, EOD 122.96; ARMH gain 3.20, HOD 27.95, LOD 23.60, EOD 27.22; BIDU gain 0.32, HOD 107.95, LOD 105.53, EOD 106.25.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 173, declined stock prices 307, unchanged stock prices 32, stock prices hitting new highs 18 and stock prices hitting new lows 34.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 11: EOD 1279.00; Change -4.50
E-mini NASDAQ-100 (NQ) Mar 11: EOD 2,302.25; Change -2.25
E-mini DOW $5 (YM) Mar 11: EOD 11,666; Change -42
Nikkei 225 (Yen) Mar 11: EOD 10,560; Change -35

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7492 to U.S. Dollars 1.34
Japanese Yen 82.7950 to U.S. Dollars 0.0121
British Pound 0.6318 to U.S. Dollars 1.58
Canadian Dollar 0.9904 to U.S. Dollars 1.01
Swiss Franc 0.9646 to U.S. Dollars 1.04

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (February 11) shed $0.46, EOD $91.40 per barrel ($US per barrel)
Heating Oil (February 11) shed $0.00, EOD $2.61 a gallon ($US per gallon)
Natural Gas (February 11) shed $0.12, EOD $4.41 per million BTU ($US per mmbtu.)
Unleaded Gas (February 11) shed $0.01, EOD $2.45 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 11) gain $1.20, EOD $1,387.00 ($US per Troy ounce)
Silver (March 11) shed $0.28, EOD $29.26 ($US per Troy ounce)
Platinum (April 11) gain $20.10, EOD $1,821.20 ($US per Troy ounce)
Copper (March 11) shed $0.03, EOD $4.38 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 11) shed 0.82, EOD 86.20
Pork Bellies (February 11) unchanged, EOD 106.00
Live Cattle (February 11) shed 0.27, EOD 114.30
Feeder Cattle (March 11) gain 0.85, EOD 126.90

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain 11.50, EOD 642.50
Soybeans (March 11) gain 1.00, EOD 1,416.00

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