2010 Elections

Daily Market Commentary for November 2, 2010

2010 Elections

Things were looking good on Wall Street this morning as investors were excited about the 2010 elections taking place today. (Read more at Millennium-Traders.Com)

Economic data released today:

Redbook:
U.S. Retail Sales rose 2.5% in the Week Ended October 30 versus a Year Ago; U.S. Retail Sales First 4 Weeks of October rose 2.6% versus October a Year-Ago; U.S. Retail Sales First 4 Weeks of October rose 0.2% versus 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 63.50 points, EOD 11,188.12
NYSE (New York Stock Exchange) gain 72.73, EOD 7,581.94
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 26.03 points, EOD 2,530.87
S&P 500 (SPX) gain 9 points, EOD 1,193.38
BEL 20 (BEL20) gain 8.3 points, EOD 2,696.69
CAC 40 (CAC40) gain 24.61 points, EOD 3,865.72
FTSE100 (UKX100) gain 62.81 points, EOD 5,757.43
NIKKEI 225 (NIK/O) gain 5.26 points, EOD 9,159.98

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,224, declined stock prices 810, unchanged stock prices 100, stock prices hitting new highs 243 and stock prices hitting new lows 21. 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: POT shed 1.10, HOD 148.78, LOD 143.55, EOD 145.44; MA gain 6.98, HOD 248.29, LOD 243.18, EOD 245.90; ENR shed 7.40, HOD 67.43, LOD 62.15, EOD 65.92; CRM gain 1.75, HOD 115.99, LOD 113.08, EOD 115.45; ICE shed 0.78, HOD 0.00, LOD 113.15, EOD 113.48; APC gain 0.70, HOD 64.56, LOD 61.34, EOD 63.82; WFR shed 0.39, HOD 12.55, LOD 11.88, EOD 12.28.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,977, declined stock prices 723, unchanged stock prices 114, stock prices hitting new highs 169 and stock prices hitting new lows 43. 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 5.10, HOD 310.19, LOD 307.00, EOD 309.26; TEVA shed 0.39, HOD 51.96, LOD 49.86, EOD 50.85; NTRI gain 1.67, HOD 20.90, LOD 19.30, EOD 20.39.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 306, declined stock prices 175, unchanged stock prices 35, stock prices hitting new highs 20 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 1190.50; Change 7.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,148.50; Change 19.50
E-mini DOW $5 (YM) Mar 10: EOD 11,146; Change 56
Nikkei 225 (Yen) Mar 10: EOD 9,205; Change 85

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7125 to U.S. Dollars 1.4000
Japanese Yen 80.7130 to U.S. Dollars 0.0124
British Pound 0.6242 to U.S. Dollars 1.6000
Canadian Dollar 1.0097 to U.S. Dollars 0.9903
Swiss Franc 0.9794 to U.S. Dollars 1.02

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 10) unchanged, EOD $82.95 per barrel ($US per barrel)
Heating Oil (December 10) gain $0.01, EOD $2.29 a gallon ($US per gallon)
Natural Gas (December 10) gain $0.03, EOD $3.87 per million BTU ($US per mmbtu.)
Unleaded Gas (December 10) gain $0.01, EOD $2.11 gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 10) gain $2.00, EOD $1,352.60 ($US per Troy ounce)
Silver (December 10) gain $0.28, EOD $28.48 ($US per Troy ounce)
Platinum (January 11) gain $7.60, EOD $1,719.10 ($US per Troy ounce)
Copper (December 10) gain $0.05, EOD $3.84 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 10) gain $1.00, EOD $66.20
Pork Bellies (February 11) unchanged, EOD $104.00
Live Cattle (December 10) gain $0.10, EOD $98.25
Feeder Cattle (January 11) gain $1.45, EOD $112.05

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) shed $1.50, EOD $575.75
Soybeans (January 11) shed $1.00, EOD $1,234.00

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