Thread: Stocks

Daily Market Commentary for November 1, 2010

Stocks

Stocks were rallying triple digits to start this highly anticipated week off. (Read more at Millennium-Traders.Com)

Economic data released today:

Personal Spending/Income (MoM):
August Spending Revised to rise 0.5% from an increase by 0.4%; August Personal Income Revised to rise 0.4% from an increase by 0.5%; U.S. Personal Spending rose 0.2% in September; Compared to Consensus of an increase by 0.4%; U.S. Personal Income fell 0.1% in September; Compared to Consensus of an increase by 0.2%.

Core PCE Price Index (MoM):
September PCE Price Index rose 0.1% Rate on Month; rose 1.4% on Year; September PCE Core Price Index Unchanged Rate on Month; rose 1.2% on Year.

ISM Manufacturing:
U.S. ISM October Inventories Index 53.9 versus September 55.6; U.S. ISM October Production Index 62.7 versus September 56.5; U.S. ISM October New Orders Index 58.9 versus September 51.1; U.S. ISM October Employment Index 57.7 versus September 56.5; U.S. ISM October Prices Index 71.0 versus September 70.5; U.S. ISM October Manufacturing PMI Expected 54.3; U.S. ISM October Manufacturing PMI 56.9 versus September 54.4.

Construction Spending (MoM):
August Construction Spending Revised to fall 0.2% from an increase by 0.4%; U.S. Construction Spending rose 0.5% in September; Compared to Consensus of a decrease by 0.8%.

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 5.22 points, EOD 11,123.71
NYSE (New York Stock Exchange) shed 6.44, EOD 7,506.1
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 3.12 points, EOD 2,504.29
S&P 500 (SPX) gain 0.8 points, EOD 1,184.06
BEL 20 (BEL20) gain 9.32 points, EOD 2,688.39
CAC 40 (CAC40) gain 7.61 points, EOD 3,841.11
FTSE100 (UKX100) gain 19.46 points, EOD 5,255.35
NIKKEI 225 (NIK/O) shed 47.73 points, EOD 9,154.72

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,558, declined stock prices 1,487, unchanged stock prices 121, stock prices hitting new highs 215 and stock prices hitting new lows 27. 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: POT shed 0.09, HOD 14.44, LOD 14.23, EOD 14.31; CME shed 2.65, HOD 291.50, LOD 284.53, EOD 287.00; CRM shed 2.32, HOD 116.45, LOD 112.62, EOD 113.75; BHI gain 1.95, HOD 49.49, LOD 47.48, EOD 48.37.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,001, declined stock prices 1,707, unchanged stock prices 107, stock prices hitting new highs 152 and stock prices hitting new lows 40. 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 gain 3.20, HOD 305.60, LOD 302.20, EOD 304.18; AVNR gain 2.38, HOD 5.80, LOD 4.67, EOD 4.80; NFLX shed 6.20, HOD 174.00, LOD 167.70, EOD 167.37; BIDU shed 2.86, HOD 111.83, LOD 106.85, EOD 107.15; CTSH shed 0.15, HOD 66.90, LOD 61.87, EOD 65.04; STRA shed 0.29, HOD 140.99, LOD 138.17, EOD 139.67; ANAD shed 0.79, HOD 6.54, LOD 5.71, EOD 6.00.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 220, declined stock prices 274, unchanged stock prices 33, stock prices hitting new highs 19 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 1179.00; Change -0.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,122.75; Change 0.75
E-mini DOW $5 (YM) Mar 10: EOD 11,050; Change -16
Nikkei 225 (Yen) Mar 10: EOD 9,115; Change -55

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7202 to U.S. Dollars 1.3900
Japanese Yen 80.5950 to U.S. Dollars 0.0124
British Pound 0.6235 to U.S. Dollars 1.6000
Canadian Dollar 1.0170 to U.S. Dollars 0.9831
Swiss Franc 0.9930 to U.S. Dollars 1.01

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 10) gain $1.52, EOD $82.95 per barrel ($US per barrel)
Heating Oil (December 10) gain $0.04, EOD $2.28 a gallon ($US per gallon)
Natural Gas (December 10) shed $0.20, EOD $3.83 per million BTU ($US per mmbtu.)
Unleaded Gas (December 10) gain $0.03, EOD $2.09 gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 10) shed $7.00, EOD $1,350.60 ($US per Troy ounce)
Silver (December 10) shed $0.01, EOD $24.55 ($US per Troy ounce)
Platinum (January 11) gain $4.40, EOD $1,711.50 ($US per Troy ounce)
Copper (December 10) gain $0.05, EOD $3.78 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 10) shed $1.00, EOD $65.20
Pork Bellies (February 11) unchanged, EOD $104.00
Live Cattle (December 10) shed $0.67, EOD $98.15
Feeder Cattle (January 11) shed $0.20, EOD $110.60

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) shed $4.75, EOD $577.25
Soybeans (January 11) shed $1.00, EOD $1,235.00

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The American stock market trades not only the assets of US companies, but stocks, bonds, obligations and contracts of almost all international corporations. The same is true for the London, Tokyo and some other world exchanges.

Stock markets are exchange and non-exchange, and the most important news is collected here https://stockwithit.com/

Exchange markets are a set of transactions within exchanges and according to exchange rules. The exchanges employ accredited professional participants.
The OTC stock market does not have a clear structure, is less "transparent", less controlled, but in many respects repeats exchange trading.