Thread: Wall Street

Daily Market Commentary for December 2, 2010

Wall Street

Things were looking up on Wall Street today, thanks to a surprising report on pending home sales. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
U.S. November 20 Week Jobless Claims Revised to 410K from 407K; U.S. November 20 Week Continuing Claims rose 53K to 4,270,000; U.S. Jobless Claims rose 26K to 436K in November 27 Week; Compared to Survey of an increase by 16K.

Pending Home Sales (MoM):
U.S. Pending Home Sales Index rose 10.4% to 89.3 in October; U.S. October Pending Home Sales fell 20.5% from October 2009.

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 106.86 points, EOD 11,362.64
NYSE (New York Stock Exchange) triple digit gain 108.52, EOD 7,712.25
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 28.56 points, EOD 2,577.99
S&P 500 (SPX) gain 15.47 points, EOD 1,221.54
BEL 20 (BEL20) gain 51.36 points, EOD 2,617.20
CAC 40 (CAC40) gain 77.75 points, EOD 3,747.04
FTSE100 (UKX100) triple digit gain 125.06 points, EOD 5,767.56
NIKKEI 225 (NIK/O) triple digit gain 180.47 points, EOD 9,168.52

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,117, declined stock prices 933, unchanged stock prices 76, stock prices hitting new highs 280 and stock prices hitting new lows 15. 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: AGQ gain 1.13, HOD 142.24, LOD 136.33, EOD 137.97; LVS shed 2.17, HOD 51.65, LOD 47.20, EOD 49.17; JAS shed 2.47, HOD 46.25, LOD 43.50, EOD 45.71; GIL shed 1.87, HOD 30.00, LOD 28.36, EOD 29.01; IL shed 1.21, HOD 21.73, LOD 20.39, EOD 20.98; CF shed 0.29, HOD 126.44, LOD 122.79, EOD 123.75; CRM shed 1.02, HOD 145.36, LOD 142.35, EOD 143.02.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,719, declined stock prices 977, unchanged stock prices 138, stock prices hitting new highs 222 and stock prices hitting new lows 36. 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 6.72, HOD 196.37, LOD 191.34, EOD 193.42; AMZN shed 0.02, HOD 177.45, LOD 173.92, EOD 176.53; FFIV shed 1.81, HOD 139.59, LOD 135.84, EOD 137.15; FNSR gain 3.29, HOD 23.41, LOD 21.10, EOD 23.06; CISG shed 3.75, HOD 22.37, LOD 15.33, EOD 18.40.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 241, declined stock prices 241, unchanged stock prices 38, stock prices hitting new highs 22 and stock prices hitting new lows 7.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1221.75; Change 17.25
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,186.00; Change 27.50
E-mini DOW $5 (YM) Mar 10: EOD 11,360; Change 127
Nikkei 225 (Yen) Mar 10: EOD 10,315; Change 140

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7563 to U.S. Dollars 1.3200
Japanese Yen 83.8750 to U.S. Dollars 0.0119
British Pound 0.6411 to U.S. Dollars 1.5600
Canadian Dollar 1.0042 to U.S. Dollars 0.9958
Swiss Franc 0.9926 to U.S. Dollars 1.01

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (January 11) gain $1.25, EOD $88.00 per barrel ($US per barrel)
Heating Oil (January 11) gain $04, EOD $2.45 a gallon ($US per gallon)
Natural Gas (January 11) shed $0.13, EOD $4.13 per million BTU ($US per mmbtu.)
Unleaded Gas (January 11) shed $0.05, EOD $2.36 gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 11) shed $1.00, EOD $1,389.30 ($US per Troy ounce)
Silver (March 11) shed $0.15, EOD $28.57 ($US per Troy ounce)
Platinum (January 11) shed $29.10, EOD $1,713.10 ($US per Troy ounce)
Copper (March 11) shed $0.03, EOD $3.98 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 11) gain $0.75, EOD $76.00
Pork Bellies (February 11) unchanged, EOD $104.50
Live Cattle (February 11) shed $0.30, EOD $106.48
Feeder Cattle (January 11) shed $0.27, EOD $118.72

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) shed $10.25, EOD $556.00
Soybeans (January 11) shed $3.25, EOD $1,279.75

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