Corporate Earnings Reports

Daily Market Commentary for February 23, 2010

Corporate Earnings Reports

Stocks were falling on economic data released today, despite the positive corporate earnings reports. (Read more at Millennium-Traders.Com)

Economic data released today:

US ICSC/Goldman Sachs Chain Store Sales rose 2.3% in week of Feb 20; U.S. ICSC/Goldman Sachs Chain Store Sales rose 0.9% On Year.

Redbook:
U.S. Retail Sales First 3 Weeks in February rose 1.6% versus January; U.S. Retail Sales First 3 Weeks in February rose 1.9% versus February Year-Ago; U.S. Retail Sales rose 1.9% Week Ended February 20 versus Year Ago.

S&P/CS Home Price Indices Composite:
S&P Case-Shiller 4Q U.S. National Home Price Index fell 1.1% Quarter over quarter; S&P Case-Shiller 4Q U.S. National Home Price Index fell 2.5% Year over Year; S&P Case-Shiller December 20-City Home Price Index fell 0.2% Month over Month; S&P Case-Shiller December 10-City Home Price Index fell 0.2% Month over Month; S&P Case-Shiller December 20-City Home Price Index fell 3.1% Year over Year; S&P Case-Shiller December 10-City Home Price Index fell 2.4% Year over Year.

U.S. Conference Board Consumer Confidence:
U.S. Conference Board February Expectations Index 63.8 versus January 77.3; U.S. Conference Board February Present Situation Index 19.4 versus January 25.2; U.S. Conference Board February Consumer Confidence 46.0 versus January 56.5.

Richmond Manufacturing Index:
February Retail Revenues Index fell 15 versus January 1; February Services Revenues Index fell 15 versus January decrease by 9; February Manufacturing Shipments Index 0 versus January decrease by 2; February Manufacturing Index 2 versus January decrease by 2.

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 107.31 points, EOD 10,276.07
NYSE (New York Stock Exchange) shed 103.93, EOD 6,974.60
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 29.42 points, EOD 2,212.61
S&P 500 (SPX) shed 13.31 points, EOD 1,094.70
BEL 20 (BEL20) shed 18.21 points, EOD 2,502.89
CAC 40 (CAC40) shed 49.64 points, EOD 3,707.06
FTSE100 (UKX100) shed 36.98 points, EOD 5,315.09
NIKKEI 225 (NIK/O) gain 26.03 points, EOD 10,352.10

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 945 declined stock prices 2,171, unchanged stock prices 84, stock prices hitting new highs 125 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: JWN gain 0.06, HOD 36.39, LOD 35.13, EOD 36.19; CBI shed 1.01, HOD 21.79, LOD 21.12, EOD 21.27; FAS gain 3.47, HOD 75.49, LOD 70.64, EOD 71.37; CME shed 10.47, HOD 288.00, LOD 276.04, EOD 276.57; UNT shed 3.46, HOD 47.03, LOD 44.03, EOD 44.66; MA shed 2.22, HOD 223.23, LOD 219.37, EOD 222.02; CVA shed 0.58, HOD 17.11, LOD 16.80, EOD 16.87.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 908, declined stock prices 1,777, unchanged stock prices 138, stock prices hitting new highs 80 and stock prices hitting new lows 13. 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: BRCD shed 1.60, HOD 5.67, LOD 5.26, EOD 5.36; BIDU shed 5.45, HOD 507.10, LOD 498.09, EOD 501.70; NDSN gain 5.22, HOD 66.44, LOD 62.92, EOD 64.65; FSLR shed 7.31, HOD 109.64, LOD 105.08, EOD 105.78; AAPL shed 3.35, HOD 201.33, LOD 195.71, EOD 197.05; ISRG shed 4.31, HOD 348.66, LOD 341.66, EOD 342.68.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 192, declined stock prices 299, unchanged stock prices 38, stock prices hitting new highs 13 and stock prices hitting new lows 4.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1092.75; Change -14.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,793.25; Change -27.75
E-mini DOW $5 (YM) Mar 10: EOD 10,265; Change -109
E-mini S&P MidCap 400 (MF) Mar 10: EOD 728.90; Change -9.70
Nikkei 225 (Yen) Mar 10: EOD 10,175; Change -200

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7407 U.S. Dollars 1.3500
Japanese Yen 90.1600 to U.S. Dollars 0.0111
British Pound 0.6491 to U.S. Dollars 1.5407
Canadian Dollar 1.0566 to U.S. Dollars 0.9464
Swiss Franc 1.0843 to U.S. Dollars 0.9223

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 10) shed $1.45, EOD $78.86 per barrel ($US per barrel)
Heating Oil (April 10) shed $0.05, EOD $2.04 a gallon ($US per gallon)
Natural Gas (April 10) shed $0.10, EOD $4.81 per million BTU ($US per mmbtu.)
Unleaded Gas (March 10) shed $0.05, EOD $2.07 gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 10) shed $10.10, EOD $1,103.00 ($US per Troy ounce)
Silver (May 10) shed $0.34, EOD $15.91 ($US per Troy ounce)
Platinum (April 10) shed $17.90, EOD $1,514.00 ($US per Troy ounce)
Copper (May 10) shed $0.09, EOD $3.23 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 10) shed $0.85, EOD $69.45
Pork Bellies (May 10) shed $2.10, EOD $86.20
Live Cattle (April 10) shed $0.80, EOD $92.43
Feeder Cattle (March 10) shed $0.70, EOD $102.48

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) shed $4.25, EOD $378.75
Soybeans (May 10) shed $10.50, EOD $959.50

BOND MARKET:
2 year EOD 100 2/32, change 3/32, Yield 0.83, Yield change -0.05
5 year EOD 99 16/32, change 13/32, Yield 2.35 Yield change -0.09
10 year EOD 99 15/32, change 29/32, Yield 3.68 Yield change -0.11
30 year EOD 99 28/32, change 1 18/32, Yield 4.63, change -0.10

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