Daily Market Commentary for May 5, 2008 from Millennium-Traders.Com
Yahoo ended a single day lower by over 4 points and Microsoft was lower by under a quarter point along the closing bell. Rumor mill has it that Yahoo shareholders may initiate a lawsuit because price you can find at Microsoft, was irresistible to them. (read more http://www.millennium-traders.com/news/newscommentary.aspx)
In the closing bell at the Stock Exchange, this is one way the world indices and major U.S. indices ended the session on the U.S. Markets:
DOW (Dow Jones Industrial Average) loss 89.23 points marriage ceremony to absolve the session at 12,968.97
NYSE (London stock exchange) loss in 13.07 points to stop the session at 9,438.10
NASDAQ damaged 12.87 points for one close at 2,464.12
S&P 500 lack of 6.41 points for your close at 1,407.49
FTSE All-World ex-U.S. gain of 0.15 points to seal at 254.32
FTSE RAFI 1000 damage to 37.42 points to shut at 5,694.10
BEL 20 loss in 2.6 points to shut at 3,943.74
CAC 40 reduction in 6.35 points to close at 5,063.36
FTSE100 unchanged at 6,215.50
NIKKEI 225 unchanged at 14,049.30
News at the Nyse (NYSE) today: advanced stocks 1,336; declined stocks 1,799; unchanged stocks 107; stocks hitting new highs 39; stocks hitting new lows 25. Daily Trading Range and end of investing outcomes for volatile NYSE stocks traded by active Day Traders today: Walter Industries Incorporated (NYSE: WLT) gained 8.63 points around the trading day, high in trading day $83.99, have less the trading day $75.00, for just a closing price at $81.58; Potash Corp. of Saskatchewan, Incorporated (NYSE: POT) gained 7.28 points to the trading day, good for trading day $193.96, low on the trading day $187.75, for one closing price at $193.89; Freeport-McMoRan Copper & Gold Incorporated (NYSE: FCX) gained 5.76 points around the trading day, excellent for trading day $116.74, close to the trading day $114.00, on a closing price at $115.99; XL Capital Limited (NYSE: XL) shed 3.21 points to the trading day, high on the trading day $37.34, close to the trading day $34.40, in a closing price at $34.57; CME Group, Incorporated (NYSE: CME) gained 1.96 points to the trading day, good for trading day $499.52, low on the trading day $485.04, for a closing price at $489.35; Fluor Corporation (NYSE: FLR) gained 5.17 points in the trading day, good for trading day $158.81, have less the trading day $152.82, to get a closing price at $157.99; ResMed Incorporated (NYSE: RMD) shed 1.50 points to the trading day, excellent for trading day $41.40, tight on the trading day $39.60, in a closing price at $40.00; ITT Educational Services Incorporated (NYSE: ESI) shed 3.05 points within the trading day, excellent for trading day $76.85, low on the trading day $72.08, for one closing price at $73.33; Tidewater Incorporated (NYSE: TDW) shed 6.44 points over the trading day, high on the trading day $62.78, close to the trading day $57.08, for the closing price at $58.55; Monsanto Corporation (NYSE: MON) gained 2.69 points on the trading day, high in trading day $118.12, tight on the trading day $115.40, for just a closing price at $117.91; AGCO Corporation (NYSE: AG) shed 3.61 points in the trading day, excellent for trading day $59.61, close to the trading day $54.68, for one closing price at $55.57; InterContinental Exchange, Incorporated (NYSE: ICE) gained 1.44 points relating to the trading day, high on the trading day $164.00, close to the trading day $159.01, for any closing price at $162.56; Hewitt Associates Incorporated (NYSE: HEW) shed 4.48 points over the trading day, good for trading day $41.27, close to the trading day $37.32, for any closing price at $37.42; Cleveland-Cliffs Incorporated (NYSE: CLF) gained 9.63 points about the trading day, good for trading day $168.63, close to the trading day $157.99, for one closing price at $167.22; Continental Resources Incorporated (NYSE: CLR) gained 7.14 points on the trading day, high on the trading day $52.15, close to the trading day $46.50, for that closing price at $50.97.
News relating to the NASDAQ today: advanced stocks 1,241; declined stocks 1,637; unchanged stocks 161; stocks hitting new highs 42; stocks hitting new lows 78. Trading range and end of daytrading most current listings for volatile NASDAQ stocks traded by active Day Traders today: Zoltek Companies Incorporated (NasdaqGS: ZOLT) shed 2.37 points for the trading day, excellent for trading day $28.69, low on the trading day $20.14, to get a closing price at $25.20; iPCS Incorporated (NasdaqGS: IPCS) shed 4.27 points for the trading day, high in trading day $32.27, tight on the trading day $26.82, to have a closing price at $27.59; Blue Nile Incorporated (NasdaqGS: NILE) shed 5.42 points about the trading day, excellent for trading day $53.85, close to the trading day $47.76, for just a closing price at $47.76; Yahoo! Incorporated (NasdaqGS: YHOO) shed 4.30 points in the trading day, good for trading day $24.93, tight on the trading day $22.97, for just a closing price at $24.37; HMS Holdings Corporation (NasdaqGS: HMSY) shed 6.11 points within the trading day, excellent for trading day $26.43, tight on the trading day $18.23, for the closing price at $20.06; Baidu.com, Incorporated (NasdaqGS: BIDU) gained 12.35 points in the trading day, high on the trading day $378.11, close to the trading day $361.01, for your closing price at $373.85; Intuitive Surgical, Incorporated (NasdaqGS: ISRG) gained 4.72 points relating to the trading day, high in trading day $297.70, low on the trading day $288.00, for the closing price at $294.75; Apple Incorporated (NasdaqGS: AAPL) gained 3.79 points relating to the trading day, high in trading day $185.31, low on the trading day $181.05, for that closing price at $184.73; Mercadolibre, Incorporated (NasdaqGS: MELI) gained 6.01 points within the trading day, good for trading day $56.78, tight on the trading day $50.23, to have a closing price at $56.00; Research in motion sales Limited (NasdaqGS: RIMM) gained 1.26 points at the trading day, good for trading day $135.85, close to the trading day $131.73, for a closing price at $133.18; Google Incorporated (NasdaqGS: GOOG) gained 13.91 points at the trading day, good for trading day $599.00, have less the trading day $587.13, for the closing price at $594.90; First Solar, Incorporated (NasdaqGS: FSLR) shed 7.42 points around the trading day, high in trading day $274.94, low on the trading day $262.16, for just a closing price at $268.82; Dynamic Materials Corporation (NasdaqGS: BOOM) shed 2.18 points at the trading day, good for trading day $36.39, tight on the trading day $34.04, for the closing price at $34.20.
News relating to the American Currency markets (AMEX) today: advanced stocks 506; declined stocks 628; unchanged stocks 102; stocks hitting new highs 20; stocks hitting new lows 21.
U.S. Institute for Supply Management (ISM) April Non-Manufacturing New Orders Index arrived at 50.1 versus March reading at 50.2; U.S. ISM Apr Non-Manufacturing Prices Index arrived in at 72.1 versus March reading at 70.8; U.S. ISM Apr Non-Manufacturing Employment Index entered at 50.8 versus March reading at 46.9; U.S. ISM Apr Non-Manufacturing Business Index arrived at 50.9 versus March reading at 52.2; U.S. ISM Apr Non-Manufacturing Composite Index came in at 52.0 versus March reading at 49.6; U.S. ISM Apr Non-Manufacturing Business Index arrived at 50.9; U.S. ISM Apr Non-Manufacturing Composite Index likely to come in at 49.8; U.S. ISM Apr Non-Manufacturing Composite Index entered at 52.0.
Commodities Markets Energy Sector: Light Crude (NYM) gained $3.65 marriage ceremony to close at $119.97 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.09 on the day to close at $3.31 a gallon ($US per gal.); Natural Gas (NYM) gained $0.40 when to seal at $11.18 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.09 marriage ceremony to close at $3.05 a gallon ($US per gal.).
Metals Markets: Gold (CMX) gained $16.20 to shut at $874.20 ($US per Troy oz.); Silver (CMX) gained $0.37 to close at $16.83 ($US per Troy oz.); Platinum (NYM) gained $19.20 to seal at $1,927.40 ($US per Troy oz.) and Copper (CMX) gained $0.13 to shut at $3.95 ($US per lb.).
Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 1.25 to shut at 73.20; Pork Bellies (CME) gained 0.15 to close at 74.85; Live Cattle (CME) shed 0.93 to seal at 91.20; Feeder Cattle (CME) gained 0.10 to close at 108.25.
Other Commodities (cents per bu.): Corn (CBT) shed 3.75 to close the session at 594.00 and Soybeans (CBT) gained 33.50 to seal the session at 1,286.00.
Bonds were higher across the board today: 2 year bond gained 2/32 to seal at 99 13/32 which includes a Yield of 2.42, Yield Change -0.04; 5 year bond gained 3/32 to shut at 99 27/32 having Yield of 3.15, Yield Change -0.02; 120 month bond closed at 97 3/32 accompanied by a Yield of 3.85, Yield Change 0.00; the 30 yr bond shed 6/32 to seal at 96 16/32 marriage ceremony by having a Yield of four years old.59, Yield Change +0.02.
The e-mini Dow $5 ended the commodity session today at 12,953 which includes a loss of 107 points around the trading session. Futures Traders should review workshops offered at the CBOT (Chicago Board of Trade). Educational in-person seminars schedules seen on the CBOT (Chicago Board of Trade) website.
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