mlkhny.net      December 2010 Tracker
Milk & Honey Market, Index & Commodity Tracker
Monday December 6th, 2010

Market Element                

New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil 89.35, +0.16 , +0.18%
89.27, +0.08, +0.09%
89.12, -0.07, -0.08%
 89.30, +0.11, +0.12%
Gold
1,413.4, +7.20, +0.51%
1,414.90, +8.70, +0.62%
 1,417.80, +11.60, +0.82%  1,419.90, +13.70, +0.97%
Natural Gas
 4.425, +0.076, +1.75% 4.3999, +0.05, +1.15% 4.476, +0.127, +2.92%  4.499, +0.15, +3.45%
Major Index
5,979.886, +26.471, +0.44%
19,981.31, +14.38, +0.07% 6,423.50, -0.27%  11,362.19, -19.90, -0.17%
Dow Jones
Futures (Fair Value)
 11,355.00, -17.09, -0.15%
11,334.00, -38.09, -0.33%
11,357.00, -15.09, -0.13%
 11,372.00, -0.09, <-0.01%
Trade Activity
Recently liquidated shares of UGI and AUO, among others, to consolidate stock selection efforts to prepare for the Market Tracker's coverage.
Comment
 
International strength in metals and materials. International weaknesses in consumer services, most notably banks.
 
 
 
 
 
 

 
 
Tuesday December 7th, 2010
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
89.18, -0.20, -0.22%
89.47, +0.09, +0.1% 89.16, -0.22, -0.25%
88.27, -1.11, -1.24%
Gold
 1,423.70, +7.60, +0.54%  1,423.30, +7.20, +0.51%  1,415.10, -1.00, -0.07% 1,402.40, -13.70, -0.97%
Natural Gas
 4.525, +0.037, +0.82%  4.517, +0.029, +0.65%  4.493, +0.005, +0.11%
4.398, -0.09, -2.01%
Major Index
 5948.465, -22.363, -0.38%  19,943.55, -37.76, -0.19%  6,463.55, +0.80% 11,359.39, -2.80, -0.02%
Dow Jones
Futures (Fair Value)
11.367.00, +14.81, +0.13%  11,439.00, +86.81, +0.75%  11,415.00, +62.81, +0.55% 11,362.00, +9.81, +0.09%
Trade Activity
Currently in the process of liquidating shares of industrially based securities, purchased prior to the beginning of this Market Tracker's coverage, into market strength.
 
Comment
 
 
American tax law reform added strength to an international marketplace trading sideways but with some upwards bias, and favoring
the industrial, metals, and oil and gas markets. Market volatility appears to be an unavoidable short-term obstacle, however large scale governmental infrastructural spending remains a somewhat bright spot in a world economy mired in fundamental consumer inabilities.
Wednesday December 8th, 2010
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
87.80, -0.89, -1%
87.87, -0.82, -0.92%
87.88, -0.81, -0.91%
88.43, -0.26, -0.29%
Gold
1,391.70, -17.30, -1.23%
1,396.50, -12.50, -0.89%
 1,377.40, -31.60, -2.24% 1,383.00, -26.00, -1.85%
Natural Gas
4.373, -0.02, -0.46%
4.415, +0.022, +0.5%
4.549, +0.156, +3.55%
4.595, +0.202, +4.6%
Major Index
5,975.940, +27.475, +0.46%
19,708.14, -226.50, -1.14%
 6,515.97, +0.83% 11,372.03, +12.87, +0.11%
Dow Jones
Futures (Fair Value)
11,340.00, -9.16, -0.08% 
11,339.00, -10.16, -0.09%
 11,341.00, -8.16, -0.07% 11,353.00, +3.84, +0.03%
Trade Activity
Preparing for business operations with a larger, greater value online broker.
 
Comment
 
 
Due to increased refined petroleum inventory builds, oil was moved off its recent high. For the time being, selling pressure was relieved as buyers continued to make themselves present to firm market prices.
 
Thursday December 9th, 2010
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil 
89.02, +0.74, +0.84%
89.02, +0.74, +0.84%
88.07, -0.21, -0.24%  88.40, +0.12, +0.14%
Gold
 1,388.40, +5.20, +0.38%
1,389.60, +6.40, +0.46%
1,385.90, +2.70, +0.2%
 1,386.90, +3.70, +0.27%
Natural Gas
 4.61, +0.004, +0.09%
4.62, +0.014, +0.3%
4.569, -0.037, -0.8%
 4.437, -0.169, -3.67%
Major Index
5,920.968, -57.598, -0.97% 19,249.98, -446.50, -2.27% 6,537.93, +0.46%
11,370.00, +3.52, +0.03%
Dow Jones
Futures (Fair Value)
11,399.00, +49.84, 0.44%
11,393.00, +26.52, +0.23%
11,344.00, -22.48, -0.20%
 11,369.83, -2.65, -0.02%
Trade Activity
 
 
Comment
 
A largely noncommittal day where a slight improvement in jobless claims led to trade seeing some consolidation of gains, continued buoyancy in oil prices, and upward movement in bank security prices. As of late, solar stocks have firmed in price indicating some investor confidence in increased infrastructural investment over the short to medium term.
Friday December 10th, 2010
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
88.46, +0.09, +0.1%
 88.64, +0.27, +0.31% 87.83, -0.54, -0.61%
 87.80, -0.57, -0.64%
Gold
1,390.90, -1.90, -0.14%
 1,391.70, -1.10, -0.08%  1,378.50, -14.30, -1.03%  1,386.00, -6.80, -0.49%
Natural Gas
4.43, -0.005, -0.11%
 4.439, +0.004, +0.09% 4.399, -0.036, -0.81%
 4.412, -0.023, -0.52%
Major Index
5,909.105, -18.004, -0.30%
 19,499.79, +257.43, +1.34%  6,520.12, -0.27% 11,410.32, +40.26, +0.35%
Dow Jones
Futures (Fair Value)
11,317.00, +14.94, +0.13%
 11,323.00, +20.94, +0.18%  11,310.00, +7.94, +0.07% 11,338.00, +35.94, +0.32%
Trade Activity
 
 
Comment
 
 
The U.S., despite vast worldwide economic turbulence, signals a move higher in market prices, however difficult that may be to materially realize.
   Monday December 13th, 2010
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
88.10, +0.31, +0.35% 88.47, +0.68, +0.77%
89.01, +1.22, +1.39%
88.48, +0.69, +0.79%
Gold
1,387.10, +2.20, +0.16% 1,391.90, +7.00, +0.51%
1,397.70, +12.80, +0.92%
1,396.50, +11.60, +0.84%
Natural Gas
4.488, +0.071, +1.61% 4.48, +0.063, +1.43% 4.371, -0.046, -1.04%
4.422, +0.005, +0.11%
Major Index
5,932.238, +26.263, +0.44% 19,696.32, +187.43, +0.96%
6,523.11, +0.06% 11,428.49, +18.17, +0.16%
Dow Jones
Futures (Fair Value)
11,347.00, +4.68, +0.04% 11,351.00, +8.68, +0.08%
11,386.00, +43.68, +0.38%
11,377.00, +34.68, +0.31%
Trade Activity
 
 
 
Comment
 
 
Rising market prices fell victim to volatile trade and substantial selling pressure, apparently in an effort to mitigate late-rally risk exposure. The question remains, when the rally is ultimately complete, and no more upward gains possible, how much selling will it take to completely eliminate uncertainty and begin moving the market up again? It may be a massive amount come late January/February.
    Tuesday December 14th, 2010
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
88.36, -0.25, -0.28%
88.58, -0.03, -0.03%
88.37, -0.24, -0.27%
 88.23, -0.38, -0.43%
Gold
1,405.30, +7.30, +0.52%
1,404.20, +6.20, +0.44%
1,398.30, +0.30, +0.02%
 1,396.50, -1.50, -0.11%
Natural Gas
4.43, +0.01, +0.23%
4.404, -0.016, -0.36%
4.34, -0.08, -1.81%
 4.268, -0.152, -3.44%
Major Index
5,941.001, +8.928, +0.15%
19,778.33, +86.55, +0.44%
6,540.25, +0.33%
 11,476.54, +47.98, +0.42%
Dow Jones
Futures (Fair Value)
11,356.00, -7.56, -0.07%
11,371.00, +7.44, +0.07%
11,424.00, +60.44, +0.53%
 11,420.00, +56.44, +0.50%
Trade Activity
* The 4:00 update above was not completed until 5:15. Hence, the market prices are from this later time. *
  
 
Comment


Stocks seem to be stuck in a range defined by the current upper level of resistance in oil's price. It appears that both oil and stocks may, perhaps only briefly, break out of this range in the not too distant future, but the risk of downward volatility prior to this potential breakout increases general risk in the marketplace.
   Wednesday December 15th, 2010   
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
87.67, -0.61, -0.69%
87.56, -0.72, -0.82%
88.35, +0.07, +0.08%
88.47, +.19, +.22%
Gold
1,395.80, -8.50, -0.61%
1,392.60, -11.70, -0.83%
1,389.20, -15.10, -1.08%
 1,384.40, -19.90, -1.42%
Natural Gas
4.232, -0.023, -0.54%
4.236, -0.019, -0.45%
4.211, -0.044, -1.03%
4.231, -.024, -.56%
Major Index
5,944.662, +16.657, +0.28%
19,643.90, -155.29, -0.78%
6,560.43, +0.22%
11,457.62, -18.92, -.16%
Dow Jones
Futures (Average)
11,408.00, +44.44, +0.40%
11,384.00, -27.54, -0.24%
11,450.00, +38.46, +0.34%
11,411.54, +1.46, +.01%
Trade Activity
* The 11:30 a.m. udate above was completed at 11:56. The market prices are from this later time. *
 
 
Comment
 
 
A stronger dollar undermined the value of materials-based securities setting the market up for a short term contraction that could potentially be minimized by the recent positive, economic, production data. Could this perhaps signal the beginning of a trend that could result in some degree of increased job availability six months from now? By winter's end, however, how much higher will unemployment go? 10.4%?
Thursday December 16th, 2010        
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
88.50, -0.12, -0.14%
88.39, -0.23, -0.26%
88.09, -0.53, -0.6%
87.77, -0.85, -0.96%
Gold
1,381.20, -5.00, -0.36%
1,386.80, +0.60, +0.04%
 1,366.20, -20.00, -1.44%
1,368.50, -17.70, -1.28%
Natural Gas
4.235, +0.013, +0.31%
4.223, +0.001, +0.02%
4.077, -0.145, -3.43%
4.030, -0.192, -4.55%
Major Index
5,943.576, -5.539, -0.09%
19,873.31, +225.54, +1.15%
6,553.73, -0.10%
11,500.23, +42.76, +0.37%
Dow Jones
Futures (Average)
11,398.00, +5.53, +0.05%
 11,424.00, +31.53, +0.28%
11,429.00, +36.53, +0.32%
11,432.00, +39.53, +0.35%
Trade Activity
 
 
 
Comment
 
 
Some selling of commodities was offset by strength in technology and the purchase of securities, namely general purpose defensive stocks (secular selections). Massive losses were experienced in U.S. credit processing securities as a result of proposed Fed action to limit fees surrounding debit card usage. Broad index strength was seen in India on this day.
     Friday December 17th, 2010   

Market Element

New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
88.24, +0.54, +0.62%
 88.05, +0.35, +0.40%
88.06, +0.36, +0.41%
 88.02, +0.32, +0.36%
Gold
1,376.90, +5.90, +0.43%
1,377.3, +6.30, +0.46%
 1,366.70, -4.30, -0.31% 1,377.80, +6.80, +0.5%
Natural Gas
4.015, -0.033, -0.82%
 3.988, -0.060, -1.48%  4.054, +0.006, +0.15%
 4.075, +0.027, +0.67%
Major Index
6,017.365, +71.573, +1.19%
   6,542.03, -0.37%
11,494.86, -4.39, -0.04%
Dow Jones
Futures (Average)
11,428.00, -7.25, -0.06%
 11,435, +6.75, +0.06%
11,406.00, -29.25, -0.26% 11,424.00, -11.25, -0.10%
Trade Activity
 
 
 
Comment
 

Some strength in stocks was exhibited, despite a rising dollar in response to Europe's troubled debt status. Perhaps the Bombay Stock Exchange was closed today. Recent strength in economic data should play out to some degree next week, although world debt and unemployment are still at dangerous, unsustainable levels.
Monday December 20th, 2010   
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
88.16, +0.14, +0.16%
88.15, +0.13, +0.15%
87.58, -0.44, -0.50%
89.14, +0.54, +0.61%
Gold
1,384.40, +5.20, +0.38%
1,384.60, +5.40, +0.39%
1,380.70, +1.50, +0.11% 1,384.50, +5.30, +0.38%
Natural Gas
4.021, -0.045, -1.11%
4.024, -0.042, -1.03%
4.094, +0.028, +0.69% 4.241, +0.175, +4.3%
Major Index
6,019.747, +1.594, +0.03%
19,862.31, -2.54, -0.01%
6,536.75, +0.02%
11,478.21, -13.70, -0.12%
Dow Jones
Futures (Average)
11,410.00, -18.91, -0.17%
11,432.00, +3.09, +0.03%
11,386.00, -42.91, -0.38%
  11,418.00, -10.91, -0.10%
Trade Activity
 
Comment
Markets seem to be telling an oil and gas story, and though it appears oil may break out of its range to the upside, it is undecided as to what degree volatility will lead markets to sell off as investors look to mitigate risk and reenter the investment arena when prices are considerably lower.
Tuesday December 21st, 2010
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
89.65, +0.28, +0.31%
  89.68, +0.31, +0.35%
89.54, +0.17, +0.19%
89.69, +0.32, +0.36%
Gold
1,387.40, +1.30, +0.09%
1,388.10, +2.00, +0.14%
1,384.30, -1.80, -0.13%
1,387.40, +1.30, +0.09%
Natural Gas
4.237, 0.00, 0.00
4.219, -0.018, -0.42%
4.182, -0.055, -1.30%
4.069, -0.168, -3.97%
Major Index 6,043.866, +39.285, +0.65%
20,058.81, +169.93, +0.85%
6,551.64, +0.47%
11,534.67, +56.54, +0.49%
Dow Jones
Futures (Average)
11,441.00, +24.87, +0.22%
11,438.00, +21.87, +0.19%
11,459.00, +42.87, +0.38%
11,480.00, +63.87, +0.56%
Trade Activity
Some of the data today was inputted late. Sorry!
Comment
Considerable strength across a multitude of sectors rewarded risk-based investment today. Strength demonstrated in the banking sector shows intriguing confidence for 2011. However, the question remains, "How much selling will need to take place this Wintertime to prime the buyers engine come Spring?". It appears that it will require quite a bit. Good luck to you.
   Wednesday December 22nd, 2010   
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
89.93, +0.11, +0.12%
90.24, +0.42, +0.47%
90.45, +0.63, +0.70%
90.52, +0.70, +0.78%
Gold
1,391.30, +2.50, +0.18%
1,388.90, +0.10, +0.01%
1,387.80, -1.00, -0.07%
1,385.20, -3.60, -0.26%
Natural Gas
4.077, +0.018, +0.44%
4.07, +0.011, +0.27%
4.015, -0.044, -1.08%
4.118, +0.059, +1.45%
Major Index
6,040.160, -2.449, -0.04%
20,007.26, -53.06, -0.26%
6,566.67, +0.13%
11,558.81, +25.65, +0.22%
Dow Jones
Futures (Average)
11,466.00, -3.16, -0.03%
11,467.00, -2.16, -0.02%
11,479.00, +9.84, +0.09%
11,495.00, +25.84, +0.23%
Trade Activity
 
Comment
A pre-Christmas rally of buying was met with moderate selling. Though the dollar firmed some, markets continued their upward bias, signaling an opportunity for precipitous selling some time in the not-to-distant future.
Thursday December 23rd, 2010
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
 
 
 
 
Gold
 
 
 
 
Natural Gas
 
 
 
 
Major Index
 
 
 
 
Dow Jones
Futures (Average)
 
 
 
 
Trade Activity
 
Comment
MILK & HONEY'S Market, Index, & Commodity Tracker Is Closed For The Holidays
Friday December 24th, 2010  
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
 
 
 
 
Gold
 
 
 
 
Natural Gas
 
 
 
 
Major Index
 
 
 
 
Dow Jones
Futures (Average)
 
 
 
 
Trade Activity
 
Comment
MILK & HONEY'S Market, Index, & Commodity Tracker Is Closed For The Holidays
Monday December 27th, 2010   
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
91.33, -0.18, -0.2%  91.49, -0.02, -0.02%
90.81, -0.70, -0.76%
90.71, -0.80, -0.87%
Gold
1,384.10, +3.60, +0.26% 1,383.90, +3.40, +0.25%
1,382.30, +1.80, +0.13%
1,384.60, +4.10, +0.3%
Natural Gas
4.026, -0.057, -1.4% 4.023, -0.06, -1.47%
4.016, -0.067, -1.64%
4.09, +0.007, +0.17%
Major Index
  6,044.151, -25.219, -0.42% 20,024.62, -49.04, -0.24%
6,569.49, -0.45%
11,555.03, -18.46, -0.16%
Dow Jones
Futures (Average)
11,497.00, +0.51, <+0.01% 11,481.00, -29.49, -0.26%
11,480.00, -30.49, -0.27%
11,500.00, -10.49, -0.09%
Trade Activity
The commodity and futures prices corresponding to the 4PM update are from later in the day.
Comment A tightening of Chinese fiscal policy along with other problematic economic data led to a days trading in the red. Light volume may be attributed to the north east's inclement weather.
Tuesday December 28th, 2010   
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
91.25, +0.25, +0.27%
91.11, +0.11, +0.12%
91.23, +0.23, +0.25%
91.25, +0.25, +0.27%
Gold
1,391.00, +8.10, +0.59%
1,391.20, +8.30, +0.6%
1,406.10, +23.20, +1.68%
1,406.50, +23.60, +1.71%
Natural Gas
4.092, -0.02, -0.49%
4.074, -0.038, -0.92%
4.113, +0.001, +0.02%
4.284, +0.129, +3.1%
Major Index
6,044.151, -25.219, -0.42%
20,027.24, -1.69, -0.01%
6,575.16, +0.11%
11,575.54, +20.51, +0.18%
Dow Jones
Futures (Average)
11,511.00, +0.51, +<0.01%
11,516.00, +23.97, +0.23%
 11,491.00, -1.03, -<0.01%
11,511.00, +18.97, +0.17%
Trade Activity
 
Comment
A solid day of trading despite negative consumer data.
Wednesday December 29th, 2010   
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
91.38, -0.11, -0.12%
91.30, -0.19, -0.21%
91.39, -0.10, -0.11%
 91.04, -0.45, -0.49%
Gold
1,405.10, -0.50, -0.04%
1,405.90, +0.30, +0.02%
1,412.00, +6.40, +0.46%
1,411.00, +5.40, +0.38%
Natural Gas
4.25, -0.038, -0.89%
4.265, -0.023, -0.54%
4.279, -0.009, -0.21%
4.283, -0.005, -0.12%
Major Index
6,030.967, -13.184, -0.22%
20,269.04, +243.62, +1.22%
6,566.30, -0.04%
11,587.42, +11.88, +0.10%
Dow Jones
Futures (Average)
11,514.00, +1.46, +0.1%
11,526.00, +13.46, +0.12%
11,539.00, +26.46, +0.23%
11,542.00, +29.46, +0.26%
Trade Activity
 
Comment
Low trade volume and generally rising stock prices are the norm today and this entire Holiday season.
Thursday December 30th, 2010   
Market Element
New Zealand
NZX 15 (10:45pm)
Bombay India
SENSEX (5:00am)
Switzerland
SMI (11:30am)
New York Stock Exch.
Dow Jones Avg. (4:00pm)
Oil
 91.18, +0.06, +0.07%
91.09, -0.03, -0.03%
 
 
Gold
 1,413.50, 0.00, 0.00
1,414.00, +0.50, +0.04%
 
 
Naturals Gas
 4.309, +0.022, +0.51%
4.33, +0.043, +1%
 
 
Major Index
 6,040.654, +4.975, +0.08%
20,363.12, +107.09, +0.53%
 
 
Dow Jones
Futures (Average)

11,524.00, +0.62, +<0.01%

11,533.00, +9.62, +0.08%
 
 
Trade Activity
 
Comment
MILK & HONEY'S Market, Index, & Commodity Tracker Is Closed For The Holidays
Friday December 31th, 2010   
Comment
MILK & HONEY'S Market, Index, & Commodity Tracker Is Closed For The Holidays