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Daily Market Commentary for July 19, 2010
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National Association of Home Builders
Stocks continued to slowly climb despite
some disappointing news from the National
Association of Home Builders. This morning the Association said that homebuilder
confidence fell to a 15-month low. July's housing market Index fell two points
to 14; the Association credits the decline to continued high unemployment
numbers, and very tight credit. Once we see the economy continue to get better,
unemployment numbers will go down, credit will loosen up and people will start
buying houses again. Today's earnings helped push stocks higher. Halliburton
reported better than expected earnings for the second quarter; they said
earnings were at $480 million, or $0.53 per share, up from $262 million in the
same quarter a year ago. Revenue rose to $4.39 billion, from $3.49 billion in
the first quarter; analysts were predicting revenue to come in at $4.08 billion.
Delta also reported better than expected earnings; the airline's earnings were
the best since 2000. They reported earnings of $467 million, or $0.55 per share,
the company saw a loss of $257 million in the same quarter a year ago. Delta
President ED Bastian said in a statement, "We are seeing strong improvements in
these early stages of the economic recovery and believe there's room for more
revenue growth as the economy continues to stabilize." Stocks continued their
rise through the afternoon; with just a half hour left in the trading session,
the Dow was up over 45 points. Investors are anxious to see the rest of this
week's reports. Commodity prices rose; gold fell $6.30 to $1,181.70 and crude
oil rose $0.53 to $76.54 per barrel.
Economic data released today: N/A
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 56.53 points, EOD 10,154.43
NYSE (New York Stock
Exchange) gain 30.14, EOD 6,739.65
National Association of Securities Dealers Automated Quotations (NASDAQ)
gain 18.4 points, EOD 2,197.45
S&P 500 (SPX) gain 361.34 point, EOD 1,071.22
BEL 20 (BEL20) shed 11.19 points, EOD 2,431.56
CAC 40 (CAC40) shed 13.83 points, EOD 3,486.33
FTSE100 (UKX100) shed 10.57 points, EOD 5,148.28
NIKKEI 225 (NIK/O) shed 277.41 points, EOD 9,408.36
New York Stock Exchange (NYSE) stock market indicators for the trading session
today:
Advanced stock prices 1,1994, declined stock prices 1,059, unchanged stock
prices 99, stock prices hitting new highs 96 and stock prices hitting new lows
41. 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:
BP shed 1.43, HOD 36.08, LOD 34.58, EOD 35.67; RIG shed 4.15, HOD 51.87, LOD
47.01, EOD 47.93; HAS shed 0.16, HOD 40.00, LOD 37.65, EOD 39.34; HAL gain 1.72,
HOD 29.43, LOD 28.28, EOD 29.23; EDU shed 0.75, HOD 97.03, LOD 93.55, EOD 96.89.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock
market indicators for the trading session today:
Advanced stock prices 1,557, declined stock prices 1,090, unchanged stock
prices 134, stock prices hitting new highs 13 and stock prices hitting new lows
82. 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: BIDU shed 0.63, HOD 73.39, LOD 70.38, EOD
72.90; AAPL shed 4.59, HOD 249.88, LOD 239.60, EOD 245.31; APOL gain 2.48, HOD
49.98, LOD 46.39, EOD 48.05; PCLN gain 1.79, HOD 220.40, LOD 217.55, EOD 220.00;
PETS shed 0.96, HOD 16.91, LOD 15.00, EOD 16.66.
Market trends on the American Stock Exchange (AMEX) and stock market indicators
for the trading session today:
Advanced stock prices 236, declined stock prices 237, unchanged stock
prices 44, stock prices hitting new highs 9 and stock prices hitting new lows
14.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1068.00; Change 5.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,817.00; Change 15.00
E-mini DOW $5 (YM) Mar 10: EOD 10,105; Change 46
E-mini S&P MidCap 400 (MF) Mar 10: EOD 729.70; Change 4.70
Nikkei 225 (Yen) Mar 10: EOD 9,270; Change 25
World Currencies for the Forex Market, for Forex Trading by active Forex
Traders, at time of this posting:
Euro 0.7724 to U.S. Dollars 1.3000
Japanese Yen 86.8450 to U.S. Dollars 0.0115
British Pound 0.6563 to U.S. Dollars 1.5200
Canadian Dollar 1.0546 to U.S. Dollars 0.9474
Swiss Franc 1.0555 to U.S. Dollars 0.9582
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (August 10) gain $0.53, EOD $76.54 per barrel ($US per barrel)
Heating Oil (August 10) gain $0.00, EOD $2.02 a gallon ($US per gallon)
Natural Gas (August 10) shed $0.00, EOD $4.51 per million BTU ($US per mmbtu.)
Unleaded Gas (August 10) gain $0.01, EOD $2.06 gallon ($US per gallon)
Metals Markets - Comex:
Gold (July 10) shed $6.30, EOD $1,181.70 ($US per Troy ounce)
Silver (July 10) shed $0.23, EOD $17.53 ($US per Troy ounce)
Platinum (July 10) gain $1.00, EOD $1,509.40 ($US per Troy ounce)
Copper (July 10) gain $0.00, EOD $2.93 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (August 10) gain $0.07, EOD $81.62
Pork Bellies (July 10) gain $1.10, EOD $105.50
Live Cattle (August 10) gain $0.85, EOD $93.12
Feeder Cattle (August 10) gain $1.32, EOD $114.42
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 10) shed $13.25, EOD $381.50
Soybeans (July 10) shed $11.50, EOD $1,008.00
Access upcoming scheduled economic data anytime by viewing the
Economic Calendar from Millennium-Traders, free access to visitors
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Top of the page | |
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Total for Year |
Last Week |
$336,904.00 |
$7,970.00 |
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Total for Year |
Last Week |
$123,350.71 |
$5,180.00 |
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| |
Total for Year |
Last Week |
$329,900.00 |
$12,550.00 |
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Total for Year |
Last Week |
$409,730.00 |
$7,770.00 |
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Total for Year |
Last Week |
$0.00 |
$0.00 |
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News & Commentary
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Futures Trading Room Performance for September 2, 2010
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Daily Swing Trades Performance for September 2, 2010
Daily Market Commentary for September 1, 2010
Stocks Trading Room Performance for September 1, 2010
Futures Trading Room Performance for September 1, 2010
Forex Trading Room Performance for September 1, 2010
Daily Swing Trades Performance for September 1, 2010
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