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New Year

Discussion in 'Forex Daily News & Outlook' started by MTnews, Jan 3, 2011.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for January 3, 2011

    New Year

    Stocks rallied triple digits this morning as investors are very optimistic about the New Year. (Read more at Millennium-Traders.Com)

    Economic data released today:

    ISM Manufacturing Index:
    U.S. ISM December Inventories Index 51.8 versus November 56.7; U.S. ISM December Production Index 60.7 versus November 55.0; U.S. ISM December New Orders Index 60.9 versus November 56.6; U.S. ISM December Employment Index 55.7 versus November 57.5; U.S. ISM December Prices Index 72.5 versus November 69.5; U.S. ISM December Manufacturing PMI Expected 57.1; U.S. ISM December Manufacturing PMI 57.0 versus November 56.6.

    Construction Spending (MoM):
    October Construction Spending Unrevised at +0.7%; U.S. Construction Spending rose 0.4% in November; Compared to Consensus of an increase by 0.2%.

    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) gain 91.04 points, EOD 11,668.55
    NYSE (New York Stock Exchange) gain 78.65 points, EOD 8,042.67
    National Association of Securities Dealers Automated Quotations (NASDAQ) gain 37.43 points, EOD 2,690.30
    S&P 500 (SPX) gain 13.98 points, EOD 1,271.62
    BEL 20 (BEL20) gain 53.24 points, EOD 1,631.84
    CAC 40 (CAC40) gain 96.08 points, EOD 3,900.86
    FTSE100 (UKX100) unchanged, EOD 5,899.94
    NIKKEI 225 (NIK/O) unchanged, EOD 10,228.92

    New York Stock Exchange (NYSE) stock market indicators for the trading session today:
    Advanced stock prices 2,288, declined stock prices 806, unchanged stock prices 64, stock prices hitting new highs 381 and stock prices hitting new lows 4.
    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: MCP gain 7.21, HOD 58.40, LOD 52.82, EOD 57.15; LVS shed 0.19, HOD 47.75, LOD 45.28, EOD 45.76.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
    Advanced stock prices 2,071, declined stock prices 659, unchanged stock prices 89, stock prices hitting new highs 296 and stock prices hitting new lows 5.
    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: ITMN gain 1.50, HOD 37.92, LOD 36.10, EOD 37.88; ISPH shed 4.96, HOD 3.86, LOD 3.43, EOD 3.44; AMZN gain 4.28, HOD 186.00, LOD 181.21, EOD 184.25.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
    Advanced stock prices 284, declined stock prices 203, unchanged stock prices 25, stock prices hitting new highs 33 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 11: EOD 1268.25; Change 15.25
    E-mini NASDAQ-100 (NQ) Mar 11: EOD 2,252.25; Change 36.25
    E-mini DOW $5 (YM) Mar 11: EOD 11,624; Change 111
    Nikkei 225 (Yen) Mar 11: EOD 10,340; Change 130

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.7484 to U.S. Dollars 1.34
    Japanese Yen 81.6850 to U.S. Dollars 0.0122
    British Pound 0.6459 to U.S. Dollars 1.55
    Canadian Dollar 0.9922 to U.S. Dollars 0.8681
    Swiss Franc 0.9334 to U.S. Dollars 1.07

    COMMODITY MARKETS:
    Energy Sector - Nymex:
    Light Crude (February 11) gain $0.17, EOD $91.55 per barrel ($US per barrel)
    Heating Oil (February 11) gain $0.01, EOD $2.55 a gallon ($US per gallon)
    Natural Gas (February 11) gain $0.24, EOD $4.65 per million BTU ($US per mmbtu.)
    Unleaded Gas (February 11) shed $0.00, EOD $2.43 a gallon ($US per gallon)

    Metals Markets - Comex:
    Gold (February 11) gain $1.50, EOD $1,422.90 ($US per Troy ounce)
    Silver (March 11) gain $0.18, EOD $31.12 ($US per Troy ounce)
    Platinum (April 11) gain $8.20, EOD $1,786.40 ($US per Troy ounce)
    Copper (March 11) gain $0.01, EOD $4.46 ($US per pound)

    Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
    Lean Hogs (February 11) shed 1.77, EOD 77.98
    Pork Bellies (February 11) shed 0.50, EOD 106.00
    Live Cattle (February 11) shed 1.37, EOD 106.98
    Feeder Cattle (March 11) shed 0.92, EOD 123.02

    Other Commodities - Chicago Board of Trade (cents per bushel):
    Corn (March 11) shed 8.50, EOD 620.50
    Soybeans (March 11) shed 24.00, EOD 1,379.00

    Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

    Visitors may subscribe to our free Weekly MarketNews for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

    Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.

    Thanks for reading
    Millennium-Traders.Com
     

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