Company Earnings

Daily Market Commentary for February 17, 2011

Company Earnings

Stocks started the session off in the negative, despite several reports on company earnings. (Read more at Millennium-Traders.Com)|

Economic data released today:

Initial Jobless Claims:
U.S. February 5 Week Jobless Claims Revised to 385K from 383K; U.S. Jobless Claims rose 25K to 410K in February 12 Week; Compared to Survey of an increase by 17K; U.S. Real Average Weekly Earnings fell 0.3% in January.

Continuing Jobless Claims:
U.S. February 5 Week Continuing Claims rose 1K to 3,911,000.

CPI (MoM):
U.S. January CPI Energy Prices rose 2.1%; Food Prices rose 0.5%; U.S. January CPI Unrounded rose 0.398%; Core rose 0.170%; U.S. January CPI Ex-Food & Energy rose 0.2%; Compared to Consensus of an increase by 0.1%; U.S. January Consumer Prices rose 0.4%; Compared to Consensus of an increase by 0.3%.

Philadelphia Fed Manufacturing Index:
Philadelphia Fed: February Index Highest Since January 2004; Philadelphia Fed February Inventories 2.1 versus January 6.8; Philadelphia Fed February Delivery Times 10.0 versus January 2.3; Philadelphia Fed February Shipments 35.2 versus January 13.4; Philadelphia Fed February New Orders 23.7 versus January 23.6; Philadelphia Fed February Employment 23.6 versus January 17.6; Philadelphia Fed February Price Received 21.0 versus January 17.1; Philadelphia Fed February Price Paid 67.2 versus January 54.3; Philadelphia Fed February Business Index Expected 20.5; Philadelphia Fed February Business Index 35.9 versus January 19.3; Philadelphia Fed: 'Firms Remain Confident' Expansion Will Continue.

Leading Index (MoM):
U.S. Conference Board: January Lagging Index fell 0.1%; U.S. Conference Board: January Coincident Index rose 0.1%; U.S. Conference Board: January Leading Index rose 0.1%.

BTMU Business Barometer rose 4.1% on Year in Week of February 5; rose 0.5% on Week in Week of Feb 5.

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 28.76 points, EOD 12,316.93
NYSE (New York Stock Exchange) gain 38.53, EOD 8,422.20
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 5.08 points, EOD 2,830.64
S&P 500 (SPX) gain 3.99 points, EOD 1,340.31
BEL 20 (BEL20) gain 15.2 points, EOD 2,770.81
CAC 40 (CAC40) gain 1.05 points, EOD 4,152.31
FTSE100 (UKX100) gain 2.11 points, EOD 6,087.38
NIKKEI 225 (NIK/O) gain 28.35 points, EOD 10,836.64

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,925, declined stock prices 1,163, unchanged stock prices 96, stock prices hitting new highs 359 and stock prices hitting new lows 15. 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: CLF gain 6.11, HOD 101.62, LOD 98.03, EOD 98.99; FDO shed 0.67, HOD 53.15, LOD 52.41, EOD 52.58; CME gain 10.04, HOD 303.73, LOD 292.82, EOD 303.71; AGQ gain 10.75, HOD 163.56, LOD 154.33, EOD 164.04; EOG gain 1.03, HOD 104.58, LOD 102.34, EOD 104.02.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,598, declined stock prices 1,079, unchanged stock prices 123, stock prices hitting new highs 215 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: NTAP shed 3.93, HOD 55.10, LOD 52.22, EOD 54.61; AAPL shed 5.88, HOD 360.27, LOD 356.52, EOD 357.25; RBCN gain 2.62, HOD 25.24, LOD 23.11, EOD 23.73; CCME gain 1.56, HOD 15.21, LOD 13.66, EOD 14.21; CSTR gain 3.45, HOD 47.50, LOD 43.23, EOD 46.75; ITMN shed 0.53, HOD 39.35, LOD 37.13, EOD 37.47; GMCR shed 3.60, HOD 44.74, LOD 40.16, EOD 40.50.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 305, declined stock prices 193, unchanged stock prices 28, stock prices hitting new highs 24 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 1338.50; Change 5.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,395.25; Change 3.25
E-mini DOW $5 (YM) Mar 10: EOD 12,297; Change 45
Nikkei 225 (Yen) Mar 10: EOD 10,865; Change 0.0

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7350 to U.S. Dollars 1.36
Japanese Yen 83.3250 to U.S. Dollars 0.012
British Pound 0.6185 to U.S. Dollars 1.6200
Canadian Dollar 0.9846 to U.S. Dollars 1.02
Swiss Franc 0.9498 to U.S. Dollars 1.05

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (March 11) gain $1.37, EOD $86.36 per barrel ($US per barrel)
Heating Oil (March 11) shed $0.04, EOD $2.73 a gallon ($US per gallon)
Natural Gas (March 11) shed $0.05, EOD $3.87 per million BTU ($US per mmbtu.)
Unleaded Gas (March 11) shed $0.01, EOD $2.53 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 11) gain $10.00, EOD $1,385.10 ($US per Troy ounce)
Silver (March 11) gain $0.94, EOD $31.57 ($US per Troy ounce)
Platinum (April 11) gain $9.70, EOD $1,844.00 ($US per Troy ounce)
Copper (March 11) gain $0.01, EOD $4.48 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 11) gain $0.40, EOD $92.30
Pork Bellies (February 11) unchanged, EOD $121.00
Live Cattle (April 11) gain $0.92, EOD $115.10
Feeder Cattle (March 11) gain $0.22, EOD $130.70

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain $22.00, EOD $723.00
Soybeans (March 11) gain $38.00, EOD $1,416.50

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