Adp

Daily Market Commentary for June 30, 2010

ADP

Despite good news that European banks won't need as many loans as first anticipated, stocks fell on disappointing news from today's ADP report. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA Mortgage Applications:
U.S. MBA Market Index Rose 8.8% at 675.9; Last Week 621.2; U.S. Mortgage Volume Rose 8.8% Last Week on Refinancing; U.S. MBA Purchase Index Fell 3.3% at 172.1; Last Week 177.9; U.S. MBA Refinance Index Rose 12.6% at 3,613.1; Last Week 3,208.5.

ADP Nonfarm Employment Change:
ADP June U.S. Private Sector Jobs Rose 13,000; ADP June U.S. Private Sector Jobs Expected Rose 60,000.

Chicago PMI [Purchasing Management Index]:
U.S. Chicago PMI Adjusted June Index 59.1 versus May 59.7; U.S. Chicago PMI June Prices Paid Index 61.9 versus May 64.0; U.S. Chicago PMI June Supplier Deliveries 60.7 versus May 65.1; U.S. Chicago PMI June Employment Index 54.2 versus May 49.2; U.S. Chicago PMI June New Orders Index 59.1 versus May 62.7.

Economic Sentiment Indicator:
Crawls Past 40, First Time Since June 2008; Economic Sentiment Indicator Suggests U.S. Recovery Still Very Modest.

Crude Oil Inventories as released by DOE [Department of Energy]:
U.S. Crude Oil Stockpiles Fell 2.007 Million Barrels at 363.115 Million Barrels; U.S. Gasoline Stockpiles Rose 0.537 Million Barrels at 218.115 Million Barrels; U.S. Crude Oil Stockpiles Fell 2.007 Million Barrels in Week; Was Seen decreasing by 0.9 Million Barrels; U.S. Gasoline Stockpiles Rose 0.537 Million Barrels in Week; Was Seen decreasing by 0.4 Million Barrels; U.S. Distillate Stockpiles Rose 2.457 Million Barrels at 159.376 Million Barrels; U.S. Distillate Stockpiles Rose 2.457 Million Barrels in Week; Was Seen increasing by 0.9 Million Barrels; U.S. Refineries Ran at 88.4% capacity versus 89.4% Week Ago; U.S. Refineries Ran at 88.4% capacity; Was Seen 89.50%.

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 96.51 points, EOD 9,773.79
NYSE (New York Stock Exchange) shed 50.60, EOD 6,469.49
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 25.94 points, EOD 2,109.24
S&P 500 (SPX) shed 10.56 points, EOD 1,030.68
BEL 20 (BEL20) gain 4.05 points, EOD 2,386.53
CAC 40 (CAC40) gain 9.9 points, EOD 3,442.89
FTSE100 (UKX100) gain 2.65 points, EOD 4,916.87
NIKKEI 225 (NIK/O) shed 188.03 points, EOD 9,382.64

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,141, declined stock prices 1,968, unchanged stock prices 110, stock prices hitting new highs 31 and stock prices hitting new lows 107. 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: MON shed 1.13, HOD 47.80, LOD 45.30, EOD 46.22; BP gain 1.11, HOD 29.15, LOD 28.15, EOD 28.78; AYI shed 4.61, HOD 37.40, LOD 35.50, EOD 36.36; CF gain 1.55, HOD 65.86, LOD 63.01, EOD 63.01; CME shed 5.86, HOD 290.45, LOD 280.78, EOD 282.05; RIG shed 0.46, HOD 48.02, LOD 45.75, EOD 46.36.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,005, declined stock prices 1,721, unchanged stock prices 125, stock prices hitting new highs 16 and stock prices hitting new lows 159. 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 shed 4.82, HOD 257.93, LOD 250.01, EOD 251.35; AMZN gain 0.95, HOD 112.68, LOD 108.11, EOD 109.56; RIMM shed 0.56, HOD 50.88, LOD 49.13, EOD 49.19; ISRG shed 9.03, HOD 328.83, LOD 315.05, EOD 315.82.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 239, declined stock prices 253, unchanged stock prices 37, stock prices hitting new highs 7 and stock prices hitting new lows 15.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1026.75; Change -8.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,738.25; Change -25.25
E-mini DOW $5 (YM) Mar 10: EOD 9,715; Change -82
E-mini S&P MidCap 400 (MF) Mar 10: EOD 709.90; Change -3.70
Nikkei 225 (Yen) Mar 10: EOD 9,235; Change -110

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.8172 to U.S. Dollars 1.2200
Japanese Yen 88.3750 to U.S. Dollars 0.0113
British Pound 0.6693 to U.S. Dollars 1.5000
Canadian Dollar 1.0628 to U.S. Dollars 0.9397
Swiss Franc 1.0776 to U.S. Dollars 0.928

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (August 10) shed $0.31, EOD $75.63 per barrel ($US per barrel)
Heating Oil (July 10) shed $0.03, EOD $1.98 a gallon ($US per gallon)
Natural Gas (August 10) gain $0.06, EOD $4.62 per million BTU ($US per mmbtu.)
Unleaded Gas (July 10) shed $0.01, EOD $2.06 gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 10) gain $3.50, EOD $1,245.50 ($US per Troy ounce)
Silver (June 10) gain $0.07, EOD $18.67 ($US per Troy ounce)
Platinum (June 10) shed $17.20, EOD $1,530.90 ($US per Troy ounce)
Copper (June 10) gain $0.02, EOD $2.94 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (July 10) gain $0.47, EOD $79.22
Pork Bellies (July 10) shed $1.70, EOD $99.50
Live Cattle (June 10) gain $0.57, EOD $91.25
Feeder Cattle (August 10) gain $0.17, EOD $113.05

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 10) gain $29.25, EOD $354.25
Soybeans (July 10) gain $1.25, EOD $948.50

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