Jobless claims

Daily Market Commentary for February 11, 2010

Jobless claims

Jobless claims fell more than expected this week, giving hope that we may be seeing improvement in the job market. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
U.S. Jobless Claims for week of February 6 fell 43K to 440K compared to Survey of a decrease by 12K; U.S. Continuing Claims for week of January 30 fell 79K to 4,538,000; U.S. Jobless Claims Revised for week of January 30 to 483K from 480K.

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 104.67 points, EOD 10,143.05
NYSE (New York Stock Exchange) gain 79.60, EOD 6,898.72
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 30.07 points, EOD 2,177.94
S&P 500 (SPX) gain 10.2 points, EOD 1,078.33
BEL 20 (BEL20) gain 13 points, EOD 2,453.79
CAC 40 (CAC40) shed 18.86 points, EOD 3,616.75
FTSE100 (UKX100) gain 29.49 points, EOD 5,161.48
NIKKEI 225 (NIK/O) unchanged, EOD 9,963.99

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,365 declined stock prices 752, unchanged stock prices 80, stock prices hitting new highs 56 and stock prices hitting new lows 11. 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: DEO unchanged 0.00, HOD 64.28, LOD 62.68, LOD 64.05; HOS shed 1.91, HOD 19.07, LOD 17.76, LOD 18.31; RTP gain 7.20, HOD 206.92, LOD 198.01, LOD 206.40; AIG shed 0.62, HOD 28.65, LOD 26.02, LOD 26.30; FAS gain 0.64, HOD 66.13, LOD 63.20, LOD 65.42; SWM shed 23.58, HOD 64.65, LOD 42.39, LOD 46.65; ASF shed 5.66, HOD 20.00, LOD 16.90, LOD 17.19; CME gain 8.72, HOD 286.45, LOD 278.18, LOD 285.07; RE gain 4.36, HOD 84.46, LOD 79.55, LOD 80.01; CMI gain 2.88, HOD 55.84, LOD 51.89, LOD 54.86; PRU shed 0.29, HOD 48.98, LOD 47.78, LOD 48.59; MAC unchanged 0.00, HOD 30.11, LOD 29.30, LOD 29.97.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,995, declined stock prices 692, unchanged stock prices 116, stock prices hitting new highs 55 and stock prices hitting new lows 20. 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: EQIX gain 2.22, HOD 95.73, LOD 91.17, LOD 95.23; SWIR shed 2.34, HOD 9.93, LOD 9.41, LOD 9.42; BIDU gain 5.33, HOD 489.27, LOD 481.56, LOD 487.46; STRA shed 5.77, HOD 209.85, LOD 190.72, LOD 204.32; FSLR gain 4.48, HOD 114.45, LOD 110.21, LOD 113.81.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 340, declined stock prices 155, unchanged stock prices 36, stock prices hitting new highs 8 and stock prices hitting new lows 2.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1074.75; Change 11.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,773.00; Change 28.25
E-mini DOW $5 (YM) Mar 10: EOD 10,099; Change 114
E-mini S&P MidCap 400 (MF) Mar 10: EOD 708.60; Change 10.60
Nikkei 225 (Yen) Mar 10: EOD 10,055; Change 20

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7308 U.S. Dollars 1.3683
Japanese Yen 89.7100 to U.S. Dollars 0.0111
British Pound 0.6371 to U.S. Dollars 1.5695
Canadian Dollar 1.0502 to U.S. Dollars 0.9522
Swiss Franc 1.0709 to U.S. Dollars 0.9338

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 10) gain $0.55, EOD $75.07 per barrel ($US per barrel)
Heating Oil (March 10) gain $0.02, EOD $1.96 a gallon ($US per gallon)
Natural Gas (March 10) gain $0.10, EOD $5.39 per million BTU ($US per mmbtu.)
Unleaded Gas (March 10) gain $0.01, EOD $1.94 gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 10) gain $18.90, EOD $1,095.20 ($US per Troy ounce)
Silver (March 10) gain $0.29, EOD $15.59 ($US per Troy ounce)
Platinum (April 10) gain $14.60, EOD $1,527.50 ($US per Troy ounce)
Copper (March 10) gain $0.15, EOD $3.13 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 10) shed $0.50, EOD $67.68
Pork Bellies (May 10) gain $0.50, EOD $86.75
Live Cattle (April 10) unchanged $0.00, EOD $91.55
Feeder Cattle (March 10) gain $0.25, EOD $100.50

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 10) gain $2.50, EOD $375.00
Soybeans (March 10) gain $4.00, EOD $943.00

BOND MARKET:
2 year EOD 100, change 1/32, Yield 0.87, Yield change 0.00
5 year EOD 99 13/32, change -2/32, Yield 2.37 Yield change 0.01
10 year EOD 99 4/32, change 1 23/32, Yield 3.73 Yield change 0.05
30 year EOD 95 2/32, change -24/32, Yield 4.68, change 0.05

Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

Visitors may subscribe to our free Weekly Market News for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
Millennium-Traders.Com