Citi Group

Daily Market Commentary for October 18, 2010

Citi Group

Things were looking up on Wall Street this morning when Citi Group reported better than expected third quarter earnings. (Read more at Millennium-Traders.Com)

Economic data released today:

TIC Net Long-Term Transactions:
China Net Buyer of U.S. Treasuries in August; Holdings pp $21.7B; Foreigners Net Buyers $4.8B of U.S. Equities in August; Foreigners Net Buyers $10.0B of U.S. Corp Bonds in August; Foreigners Net Buyers $4.6B of U.S. Agency Debt in August; Foreigners Net Buyers $117.1B U.S. Treasury Notes, Bonds in August; Net Foreign Capital Inflow $38.9B in August; Net Long Term Securities Purchases $128.7B in August; Net Foreign Long Term Securities Purchases $111.8B in August.

Capacity Utilization Rate:
U.S. August Capacity Use Revised to 74.8% from 74.7%; U.S. September Capacity Utilization fell 0.1-Point at 74.7%; Compared to Consensus of 74.8%.

Industrial Production (MoM):
U.S. August Industrial Production Unrevised at +0.2%; U.S. September Industrial Production fell 0.2%; Compared to Consensus of an increase by 0.2%.

NAHB Housing Market Index:
U.S. NAHB October Housing Index 16 versus 13 in September.

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 80.23 points, EOD 11,143.01
NYSE (New York Stock Exchange) gain 50.50, EOD 7,571.10
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 10.64 points, EOD 2,479.41
S&P 500 (SPX) gain 7.84 points, EOD 1,184.03
BEL 20 (BEL20) gain 13.6 points, EOD 2,672.38
CAC 40 (CAC40) gain 7.13 points, EOD 3,834.50
FTSE100 (UKX100) gain 39.15 points, EOD 5,742.52
NIKKEI 225 (NIK/O) shed 1.76 points,, EOD 9,498.49

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,972, declined stock prices 1,088, unchanged stock prices 101, stock prices hitting new highs 165 and stock prices hitting new lows 7. 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: AIG gain 0.72, HOD 42.27, LOD 41.61, EOD 42.19; RIG gain 1.22, HOD 68.94, LOD 67.52, EOD 68.32; EOG gain 1.33, HOD 102.06, LOD 99.63, EOD 101.36; POT shed 1.86, HOD 144.76, LOD 143.00, EOD 143.05; MMR shed 2.42, HOD 18.00, LOD 15.69, EOD 16.01; CRM shed 2.75, HOD 108.92, LOD 103.98, EOD 105.63; CME gain 13.36, HOD 282.87, LOD 270.05, EOD 280.87; HAL shed 1.73, HOD 34.48, LOD 33.44, EOD 34.09; EDU gain 2.56, HOD 97.33, LOD 93.14, EOD 94.06.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,766, declined stock prices 909, unchanged stock prices 135, stock prices hitting new highs 139 and stock prices hitting new lows 27. 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 3.26, HOD 319.00, LOD 314.29, EOD 318.00; PETS shed 0.26, HOD 15.88, LOD 14.68, EOD 15.70; BIDU gain 4.74, HOD 105.58, LOD 98.72, EOD 103.40; FSLR gain 2.51, HOD 148.64, LOD 143.80, EOD 147.07; STRA gain 0.03, HOD 21.10, LOD 20.84, EOD 21.03; APOL gain 0.69, HOD 37.66, LOD 36.04, EOD 37.27.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 227, declined stock prices 249, unchanged stock prices 42, stock prices hitting new highs 15 and stock prices hitting new lows 3.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1180.25; Change 5.25
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,100.50; Change 5.50
E-mini DOW $5 (YM) Mar 10: EOD 11,078; Change 54
Nikkei 225 (Yen) Mar 10: EOD 9,545; Change -15

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7148 to U.S. Dollars 1.4000
Japanese Yen 81.1750 to U.S. Dollars 0.0123
British Pound 0.6276 to U.S. Dollars 1.5900
Canadian Dollar 1.0139 to U.S. Dollars 0.9858
Swiss Franc 0.9563 to U.S. Dollars 1.05

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (November 10) gain $1.83, EOD $83.08 per barrel ($US per barrel)
Heating Oil (November 10) gain $0.04, EOD $2.28 a gallon ($US per gallon)
Natural Gas (November 10) shed $0.10, EOD $3.43 per million BTU ($US per mmbtu.)
Unleaded Gas (November 10) gain $0.04, EOD $2.15 gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 10) gain $0.10, EOD $1,372.10 ($US per Troy ounce)
Silver (December 10) gain $0.12, EOD $24.41 ($US per Troy ounce)
Platinum (January 10) gain $2.90, EOD $1,698.30 ($US per Troy ounce)
Copper (December 10) gain $0.01, EOD $3.86 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 10) shed $0.87, EOD $68.02
Pork Bellies (February 10) unchanged, EOD $103.50
Live Cattle (December 10) gain $0.67, EOD $100.80
Feeder Cattle (November 10) gain $0.05, EOD $109.65

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) shed $5.75, EOD $557.25
Soybeans (November 10) shed $0.75, EOD $1,195.00

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