Stock Market Today – Chevron (CVX) Home Depot (HD) JPMorgan Chase (JPM) IBM and eBay (EBAY) Report

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(Best Syndication News) Stock markets are opening higher in Europe and Asia Friday after a positive day in the United States Thursday (see stock charts below). Confidence was boosted after the U.S. Department of Labor released their jobs numbers.

The Shanghai (China) composite index closed 1.24 percent higher while the Nikkei 225 (Japan) and Hang Seng (Hong Kong) gained 0.54 percent and 0.12 percent respectively.

The optimism is spreading through Europe early Friday. The CAC 40 (France) and DAX (German) have been down three straight days, but on Friday both indexes are pushing higher. The FTSE 100 (England) is also opening in the green (see the world market chart below for Thursday’s totals).

Widely-Held Stocks

Only 29 of the 90 stocks in our widely-held index were lower on Thursday (see the widely held stock chart below). eBay Inc (NASDAQ:EBAY) was a widely-held winner.

The online retailer is benefiting from improved economic figures. The rise in the price of EBAY comes on the heels of a sharp declined on Thursday, and a three day decline in Amazon.com, Inc. (NASDAQ:AMZN).

EBAY gained nearly four percent in Thursday’s session. The volume of trading was up 80 percent above average. In the after hours, EBAY continued to rise in value, up one cent to $36.03.

International Business Machines Corp. (NYSE:IBM) was another winner Thursday. The share price rose nearly two percent, but continued to rise another 48 cents to $198.09 in the after-hours. There was a bid of $198.09 on 300 shares and an ask of $198.10 on 100 shares.

Hewlett-Packard’s (NYSE:HPQ) woes could be benefiting IBM. As investors look for a computer hardware company, they juxtapose the problems of HPQ with IBM and opt for the older blue-chip company.

HPQ is rebounding in pre-market trading Friday, up 17 cents to $27.22.

The S&P financial sector has done very well recently despite the uncertainties in Europe. The sector as a whole is up 24.58 percent over the last 100 business days. Compare that to utilities which saw a gain of only 3.14 percent (see the sector charts below).

JPMorgan Chase & Co. (NYSE:JPM) gained more than one percent Thursday. Banking stocks have been moving sideways over the last few days and traders saw the opportunity to increase their holdings.

In the pre-market Friday, JPM is up another 1.09 percent to $38.91.

The Home Depot, Inc. (NYSE:HD) is doing better because of improved housing market. The Federal Housing Finance Agency said Thursday that housing prices increased in December compared to November.

HD also benefited from an uptick in the share price of Target Corporation (NYSE:TGT), which reported positive earnings earlier in the day. TGT jumped nearly three percent during Thursday’s session.

Chevron Corporation (NYSE:CVX) was another widely-held winner Thursday. The share price was up nearly eight-tenths of one percent. The oil company is benefiting from higher oil and gas prices. If the economy continues to improve, oil could shoot-up even further.

By: Dan Wilson

World Market Chart:

Thursday World Stock Indexes 1 Day 1 Day 1 Week 30-Day 100-Day
2/23/2012 N. & S. AMERICA Pt Change % Change % Change % Change % Change
12,984.69 Dow Jones Industrial 46.02 0.36% 0.62% 4.53% 16.95%
1,363.46 S&P 500 5.80 0.43% 0.40% 5.77% 18.00%
2,956.98 NASDAQ Composite 23.81 0.81% -0.10% 9.09% 19.26%
12,731.28 S&P TSX Canada 30.02 0.24% 1.97% 4.09% 9.86%
65,819.62 Brazil Bovespa Stock -273.15 -0.41% -0.49% 11.28% 28.44%
38,027.84 IPC MXX - Mexico 115.29 0.30% -0.48% 4.05% 15.22%
829.23 Russell 2000 Sm-Cap 12.73 1.56% -0.09% 8.51% 26.37%
811.20 Russell 3000 98% Mkt 4.50 0.56% 0.29% 6.36% 19.30%
EUROPE
5,937.89 FTSE 100 England 21.34 0.36% 0.89% 5.34% 11.96%
3,447.31 CAC 40 France -0.06 0.00% 1.59% 7.85% 11.36%
6,809.46 DAX Germany -34.41 -0.50% 0.85% 10.85% 19.98%
746.53 Athens Greece Comp. -5.43 -0.72% -4.90% 15.75% 0.29%
6,200.97 SSMI - Swiss Market 8.55 0.14% -0.26% 3.41% 9.71%
858.03 SMSI - Madrid Spain -12.77 -1.47% -3.08% 1.42% -3.34%
17,339.04 FTSE Italia All (Italy) -244.69 -1.39% -0.92% 9.38% 2.75%
ASIA & PACIFIC
2,410.28 Shanghai China 6.43 0.27% 2.24% 7.40% 2.15%
9,595.57 Nikkei 225 Japan 41.57 0.44% 3.87% 12.89% 11.50%
21,380.99 Hang Seng Hong Kong -168.29 -0.78% 0.49% 11.33% 20.75%
7,937.30 TSEC Taiwan Exchange -64.38 -0.80% 0.86% 10.52% 10.06%
4,286.20 S&P ASX 200 Australia -6.90 -0.16% 1.84% 2.15% 2.96%
18,078.50 BSE Sensex Bombay -66.75 -0.37% -0.42% 11.91% 11.37%
5,483.30 CNX NIFTY NSE India -22.05 -0.40% -0.70% 12.69% 12.18%
2,007.80 Korea Com KOSPI -20.85 -1.03% 0.52% 7.04% 14.09%
2968.34 STI Singapore -27.25 -0.91% -0.30% 6.33% 12.42%

Widely-Held Stock Chart:

Thursday Widely Held
Stocks
One Day One Day Five Day 30-Day 100-Day
2/23/2012 Company Change % Change % Change % Change % Change
27.05 Hewlett-Packard Co -1.89 -6.53% -7.11% 1.54% 20.49% 1
22.98 The Kroger Co. -0.66 -2.79% -3.24% -4.61% 4.64% 2
7.82 Micron Technology, Inc. -0.22 -2.74% -5.56% 8.31% 55.16% 3
51.07 Emerson Electric Co. -0.89 -1.71% 0.20% 6.77% 23.63% 4
8.87 Southwest Airlines Co. -0.15 -1.66% -6.93% -0.11% 10.32% 5
21.03 Pfizer Inc. -0.33 -1.54% -0.38% -3.97% 18.95% 6
12.74 Applied Materials, Inc. -0.16 -1.24% -1.24% 8.80% 23.09% 7
33.97 Walgreen Company -0.32 -0.93% 0.44% -0.12% 3.28% 8
37.88 Medtronic, Inc. -0.33 -0.86% -3.59% -3.34% 13.96% 9
59 Honeywell International -0.51 -0.86% 0.00% 4.50% 34.37% 10
               
               
108.35 Chevron Corporation 0.85 0.79% 3.19% 0.54% 17.02% 57
44.04 CVS Caremark Corp 0.35 0.80% 1.17% 4.76% 31.11% 58
46.95 The Home Depot, Inc. 0.38 0.82% 2.71% 8.03% 42.84% 59
67.34 Amgen, Inc. 0.55 0.82% -0.82% 1.42% 22.53% 60
22.03 The Bank of New York... 0.19 0.87% 3.77% 2.47% 18.50% 61
8.02 Bank of America Corp 0.07 0.88% 3.08% 16.74% 31.05% 62
26.79 General Motors Co 0.24 0.90% 7.46% 9.48% 32.76% 63
28.81 Oracle Corporation 0.26 0.91% 2.97% 7.14% 0.24% 64
74.81 ConocoPhillips 0.68 0.92% 1.85% 3.89% 18.15% 65
12.4 Ford Motor Company 0.12 0.98% 0.16% 2.73% 28.23% 66
32.71 Citigroup Inc. 0.35 1.08% 3.12% 4.61% 27.72% 67
33.32 Texas Instruments Inc. 0.36 1.09% -0.27% 8.43% 25.03% 68
38.49 JPMorgan Chase & Co. 0.42 1.10% 2.91% 4.99% 27.79% 69
27.99 American Intl. Group... 0.32 1.16% 5.66% 10.33% 27.52% 70
18.97 Morgan Stanley 0.24 1.28% 0.05% 10.94% 40.41% 71
45.63 DIRECTV 0.58 1.29% -1.45% 4.44% 7.95% 72
34.84 Marathon Oil Corp 0.45 1.31% 6.71% 13.93% 61.45% 73
104.67 Occidental Petroleum... 1.41 1.37% 0.88% 8.38% 46.39% 74
45.15 Gilead Sciences, Inc. 0.62 1.39% -17.64% 1.69% 16.37% 75
17.4 Dell Inc. 0.25 1.46% -3.28% 10.13% 23.06% 76
63.51 QUALCOMM, Inc. 0.96 1.53% 3.13% 14.19% 30.60% 77
28.88 Comcast Corporation 0.45 1.58% 4.75% 16.03% 39.38% 78
66.38 Hess Corp. 1.15 1.76% 3.51% 14.57% 26.53% 79
29.81 Comcast Corporation 0.53 1.81% 4.52% 17.27% 42.50% 80
19.65 News Corp 0.35 1.81% 4.30% 4.52% 26.94% 81
197.61 Intl. Business Machines... 3.74 1.93% 2.79% 8.39% 13.00% 82
14.78 Yahoo! Inc. 0.28 1.93% -2.25% -4.83% 12.22% 83
8.34 Xerox Corporation 0.19 2.33% 0.12% 1.83% 19.66% 84
8.55 LSI Corporation 0.22 2.64% 1.42% 26.29% 65.06% 85
54.5 Target Corporation 1.53 2.89% 5.19% 11.16% 11.13% 86
36.02 eBay Inc. 1.35 3.89% 8.14% 14.28% 22.14% 87
23.51 Level 3 Communications 2.62 12.54% 10.90% 30.61% 5.19% 88
2.52 Sprint Nextel Corp 0.29 13.00% 11.50% 9.57% -17.11% 89
0.326 Federal National... 0.04 13.99% -11.89% 48.86% 35.83% 90

Sector Chart:

Thursday S&P Sector Name (10) One-Day One-Week 30-Day 100-Day 100-Day
2/23/2012 % Change % Change % Change % Change High
563.49 Energy 0.49% 3.06% 6.55% 27.26% 563.49
237.31 Materials 0.13% 2.28% 4.78% 28.59% 239.7
322.14 Industrials 0.14% 1.69% 5.00% 27.52% 322.29
339.04 Consumer Discretionary 0.51% 1.18% 6.34% 23.05% 339.68
338.56 Consumer Staples 0.45% 0.51% 2.03% 10.38% 339.2
416.01 Health Care 0.06% -0.30% 1.27% 13.13% 420.01
198.14 Financials 0.96% 1.80% 6.03% 24.58% 199.01
468 Info Tech 0.46% 1.95% 10.85% 23.75% 468
129.08 Telecom Svc 0.65% 2.02% 1.08% 5.79% 129.91
176.63 Utilities -0.20% 0.73% -0.74% 3.43% 184.18
Thursday Dow Sectors (10) One-Day One-Week 30-Day 100-Day 100-Day
2/23/2012 % Change % Change % Change % Change High
3191.81 Basic Materials 0.38% 2.30% 5.86% 29.22% 3244.85
3520.34 Consumer Goods 0.54% 1.07% 4.26% 14.92% 3520.34
3805.23 Consumer Services 0.56% 0.87% 5.97% 21.15% 3825.49
3068 Financials 1.02% 1.64% 6.11% 24.19% 3078.41
3538.16 Health Care 0.32% -0.15% 2.56% 15.36% 3572.04
3377.39 Industrials 0.38% 1.78% 6.21% 29.17% 3377.39
6212.04 Oil & Gas 0.59% 3.22% 7.31% 29.15% 6212.04
7131.24 Technology 0.52% 1.76% 11.17% 24.56% 7131.72
1107.66 Telecommunications 0.70% 1.93% 2.29% 7.46% 1107.66
1842.06 Utilities 0.02% 1.01% -0.12% 5.00% 1907.11

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