Daily Market Commentary for September 3, 2008 from Millennium-Traders.Com
Auto sales reported for the month appeared favorable compared to what was anticipated. (read more)
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 session on the world market as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) gain of 15.96 points on the day to end the trading session at 11,532.88
NYSE (New York Stock Exchange) loss of 27.72 points to end the trading session at 8,269.25
NASDAQ loss of 15.51 points to end the trading session at 2,333.73
S&P 500 loss of 2.60 points to end the trading session at 1,274.98
FTSE All-World excluding - U.S. loss of 1.56 points to end the trading session at 216.11
FTSE RAFI 1000 gain of 10.76 points to end the trading session at 5,085.79
BEL 20 (BEL20) loss of 46.26 points to end the trading session at 3,165.33
CAC 40 (CAC40) loss of 91.94 points to end the trading session at 4,447.13
FTSE100 (UKX100) triple loss of 121 points to end the trading session at 5,499.70
NIKKEI 225 (NIK/O) closed today
New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 1,599; declined stock prices 1,558; unchanged stock prices 100; stock prices hitting new highs 36 and stock prices hitting new lows 93.
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: Walter Industries Incorporated (NYSE: WLT) stock price shed 1.67 points on the trading session, high on the trading session $85.46, low on the trading session $77.15 with a closing stock price at $82.07; MEMC Electronic Materials Incorporated (NYSE: WFR) stock price shed 5.62 points on the trading session, high on the trading session $45.85, low on the trading session $41.41 with a closing stock price at $41.48; Forest Laboratories Incorporated (NYSE: FRX) stock price shed 5.19 points on the trading session, high on the trading session $33.00, low on the trading session $29.81 with a closing stock price at $31.08; Donaldson Company (NYSE: DCI) stock price shed 0.93 points on the trading session, high on the trading session $43.14, low on the trading session $39.69 with a closing stock price at $42.01; Corning Incorporated (NYSE: GLW) stock price shed 2.45 points on the trading session, high on the trading session $18.20, low on the trading session $17.02 with a closing stock price at $17.05; ConAgra Foods Incorporated (NYSE: CAG) stock price shed 1.83 points on the trading session, high on the trading session $20.17, low on the trading session $19.45 with a closing stock price at $19.45; NCI Building Systems Incorporated (NYSE: NCS) stock price gained 1.03 points on the trading session, high on the trading session $39.78, low on the trading session $36.38 with a closing stock price at $38.12; Oil Service Holding Company (NYSE: OIH) stock price shed 4.20 points on the trading session, high on the trading session $176.50, low on the trading session $167.94 with a closing stock price at $170.48; Flowserve Corporation (NYSE: FLS) stock price shed 9.43 points on the trading session, high on the trading session $131.18, low on the trading session $119.35 with a closing stock price at $120.09; Streettracks Gold Trust (NYSE: GLD) stock price shed 0.31 points on the trading session, high on the trading session $79.69, low on the trading session $78.34 with a closing stock price at $78.89; Cleveland-Cliffs Incorporated (NYSE: CLF) stock price shed 3.53 points on the trading session, high on the trading session $92.98, low on the trading session $85.22 with a closing stock price at $88.96; Rio Tinto plc (NYSE: RTP) stock price shed 12.69 points on the trading session, high on the trading session $338.95, low on the trading session $322.22 with a closing stock price at $327.30; Potash Corporation Saskatchewan (NYSE: POT) stock price shed 6.80 points on the trading session, high on the trading session $163.51, low on the trading session $151.13 with a closing stock price at $155.46; CME Group Incorporated (NYSE: CME) stock price gained 9.75 points on the trading session, high on the trading session $348.89, low on the trading session $335.00 with a closing stock price at $347.84; CF Industries Holdings Incorporated (NYSE: CF) stock price shed 3.68 points on the trading session, high on the trading session $140.46, low on the trading session $128.50 with a closing stock price at $134.34; Devon Energy Corporation (NYSE: DVN) stock price shed 0.59 points on the trading session, high on the trading session $97.99, low on the trading session $93.39 with a closing stock price at $95.42; Ultrashort Financial Corporation (NYSE: SKF) stock price shed 3.37 points on the trading session, high on the trading session $115.82, low on the trading session $109.75 with a closing stock price at $110.01; Consol Energy Incorporated (NYSE: CNX) stock price shed 3.67 points on the trading session, high on the trading session $63.20, low on the trading session $56.87 with a closing stock price at $58.25; Mosaic Company (NYSE: MOS) stock price shed 4.12 points on the trading session, high on the trading session $100.77, low on the trading session $90.50 with a closing stock price at $93.09.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 1,474; declined stock prices 1,337; unchanged stock prices 149; stock prices hitting new highs 49; stock prices hitting new lows 86.
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: Take-Two Interactive Software Incorporated (NasdaqGS: TTWO) stock price shed 1.37 points on the trading session, high on the trading session $24.60, low on the trading session $21.34 with a closing stock price at $23.17; Shanda Interactive Entertainment Limited (NasdaqGS: SNDA) stock price gained 2.49 points on the trading session, high on the trading session $29.49, low on the trading session $27.73 with a closing stock price at $28.91; Joy Global Incorporated (NasdaqGS: JOYG) stock price shed 11.82 points on the trading session, high on the trading session $62.25, low on the trading session $51.76 with a closing stock price at $53.93; Medivation Incorporated (NasdaqGS: MDVN) stock price gained 3.00 points on the trading session, high on the trading session $34.00, low on the trading session $28.00 with a closing stock price at $29.03; Ceradyne Incorporated (NasdaqGS: CRDN) stock price shed 3.73 points on the trading session, high on the trading session $42.87, low on the trading session $40.52 with a closing stock price at $40.92; Priceline.com Incorporated (NasdaqGS: PCLN) stock price shed 4.64 points on the trading session, high on the trading session $97.67, low on the trading session $90.74 with a closing stock price at $92.95; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 14.30 points on the trading session, high on the trading session $261.75, low on the trading session $245.35 with a closing stock price at $246.30.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 403; declined stock prices 743; unchanged stock prices 89; stock prices hitting new highs 11; stock prices hitting new lows 66.
Chicago Board of Trade Futures Market activity for the day, at time of this posting for September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,275.75 change 0.50
E-mini NASDAQ-100 (NQ) end of day price 1,834.75, change 0.50
E-mini S&P SmallCap 600 (SMP) end of day price 388.90, change -0.10
$5 DJIA (YM) end of day price 11,545, change 4
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6903 to U.S. Dollars 1.4486
Japanese Yen 108.260 to U.S. Dollars 0.0092
British Pound 0.5635 to U.S. Dollars 1.7745
Canadian Dollar 1.0611 to U.S. Dollars 0.9424
Swiss Franc 1.1065 to U.S. Dollars 0.9038
Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $0.36 on the day for a closing price of $109.35 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) gained $0.01 on the day for a closing price of $3.08 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) no change on the day for a closing price of $7.26 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) gained $0.03 on the day for a closing price of $2.77 a gallon ($US per gallon)
Metals Markets:
Gold Market Price (COMEX: CMX) shed $2.30 on the day for a closing price of $808.20 ($US per Troy ounce)
Silver (COMEX: CMX) shed $0.20 on the day for a closing price of $12.95 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $11.30 on the day for a closing price of $1,392.20 ($US per Troy ounce)
Copper (COMEX: CMX) gained $0.04 on the day for a closing price of $3.31 ($US per pound)
Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) shed 0.90 on the day for a closing price of 68.65
Pork Bellies (Chicago Mercantile Exchange: CME) shed 2.45 on the day for a closing price of 90.30
Live Cattle (Chicago Mercantile Exchange: CME) shed 0.60 on the day for a closing price of 103.15
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 1.45 on the day for a closing price of 110.28
Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 7.00 on the day for a closing price of 562.25
Soybeans (Chicago Board of Trade: CBT) shed 47.00 on the day for a closing price of 1,251.50
Bond Market:
2 year bond ended the day for a closing price of 100 7/32 with a Yield of 2.26, Yield Change 0.00
5 year bond gained 5/32 on the day for a closing price of 100 25/32 with a Yield of 2.95, Yield Change -0.03
10 year bond gained 10/32 on the day for a closing price of 102 10/32 with a Yield of 3.70, Yield Change -0.03
30 year bond gained 20/32 on the day for a closing price of 102 31/32 with a Yield of 4.32, Yield Change -0.11
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 services. Traders should review our FREE Monthly Trading Lesson posted on our website.
Thanks for reading
Millennium-Traders.Com
Auto sales reported for the month appeared favorable compared to what was anticipated. (read more)
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 session on the world market as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) gain of 15.96 points on the day to end the trading session at 11,532.88
NYSE (New York Stock Exchange) loss of 27.72 points to end the trading session at 8,269.25
NASDAQ loss of 15.51 points to end the trading session at 2,333.73
S&P 500 loss of 2.60 points to end the trading session at 1,274.98
FTSE All-World excluding - U.S. loss of 1.56 points to end the trading session at 216.11
FTSE RAFI 1000 gain of 10.76 points to end the trading session at 5,085.79
BEL 20 (BEL20) loss of 46.26 points to end the trading session at 3,165.33
CAC 40 (CAC40) loss of 91.94 points to end the trading session at 4,447.13
FTSE100 (UKX100) triple loss of 121 points to end the trading session at 5,499.70
NIKKEI 225 (NIK/O) closed today
New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 1,599; declined stock prices 1,558; unchanged stock prices 100; stock prices hitting new highs 36 and stock prices hitting new lows 93.
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: Walter Industries Incorporated (NYSE: WLT) stock price shed 1.67 points on the trading session, high on the trading session $85.46, low on the trading session $77.15 with a closing stock price at $82.07; MEMC Electronic Materials Incorporated (NYSE: WFR) stock price shed 5.62 points on the trading session, high on the trading session $45.85, low on the trading session $41.41 with a closing stock price at $41.48; Forest Laboratories Incorporated (NYSE: FRX) stock price shed 5.19 points on the trading session, high on the trading session $33.00, low on the trading session $29.81 with a closing stock price at $31.08; Donaldson Company (NYSE: DCI) stock price shed 0.93 points on the trading session, high on the trading session $43.14, low on the trading session $39.69 with a closing stock price at $42.01; Corning Incorporated (NYSE: GLW) stock price shed 2.45 points on the trading session, high on the trading session $18.20, low on the trading session $17.02 with a closing stock price at $17.05; ConAgra Foods Incorporated (NYSE: CAG) stock price shed 1.83 points on the trading session, high on the trading session $20.17, low on the trading session $19.45 with a closing stock price at $19.45; NCI Building Systems Incorporated (NYSE: NCS) stock price gained 1.03 points on the trading session, high on the trading session $39.78, low on the trading session $36.38 with a closing stock price at $38.12; Oil Service Holding Company (NYSE: OIH) stock price shed 4.20 points on the trading session, high on the trading session $176.50, low on the trading session $167.94 with a closing stock price at $170.48; Flowserve Corporation (NYSE: FLS) stock price shed 9.43 points on the trading session, high on the trading session $131.18, low on the trading session $119.35 with a closing stock price at $120.09; Streettracks Gold Trust (NYSE: GLD) stock price shed 0.31 points on the trading session, high on the trading session $79.69, low on the trading session $78.34 with a closing stock price at $78.89; Cleveland-Cliffs Incorporated (NYSE: CLF) stock price shed 3.53 points on the trading session, high on the trading session $92.98, low on the trading session $85.22 with a closing stock price at $88.96; Rio Tinto plc (NYSE: RTP) stock price shed 12.69 points on the trading session, high on the trading session $338.95, low on the trading session $322.22 with a closing stock price at $327.30; Potash Corporation Saskatchewan (NYSE: POT) stock price shed 6.80 points on the trading session, high on the trading session $163.51, low on the trading session $151.13 with a closing stock price at $155.46; CME Group Incorporated (NYSE: CME) stock price gained 9.75 points on the trading session, high on the trading session $348.89, low on the trading session $335.00 with a closing stock price at $347.84; CF Industries Holdings Incorporated (NYSE: CF) stock price shed 3.68 points on the trading session, high on the trading session $140.46, low on the trading session $128.50 with a closing stock price at $134.34; Devon Energy Corporation (NYSE: DVN) stock price shed 0.59 points on the trading session, high on the trading session $97.99, low on the trading session $93.39 with a closing stock price at $95.42; Ultrashort Financial Corporation (NYSE: SKF) stock price shed 3.37 points on the trading session, high on the trading session $115.82, low on the trading session $109.75 with a closing stock price at $110.01; Consol Energy Incorporated (NYSE: CNX) stock price shed 3.67 points on the trading session, high on the trading session $63.20, low on the trading session $56.87 with a closing stock price at $58.25; Mosaic Company (NYSE: MOS) stock price shed 4.12 points on the trading session, high on the trading session $100.77, low on the trading session $90.50 with a closing stock price at $93.09.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 1,474; declined stock prices 1,337; unchanged stock prices 149; stock prices hitting new highs 49; stock prices hitting new lows 86.
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: Take-Two Interactive Software Incorporated (NasdaqGS: TTWO) stock price shed 1.37 points on the trading session, high on the trading session $24.60, low on the trading session $21.34 with a closing stock price at $23.17; Shanda Interactive Entertainment Limited (NasdaqGS: SNDA) stock price gained 2.49 points on the trading session, high on the trading session $29.49, low on the trading session $27.73 with a closing stock price at $28.91; Joy Global Incorporated (NasdaqGS: JOYG) stock price shed 11.82 points on the trading session, high on the trading session $62.25, low on the trading session $51.76 with a closing stock price at $53.93; Medivation Incorporated (NasdaqGS: MDVN) stock price gained 3.00 points on the trading session, high on the trading session $34.00, low on the trading session $28.00 with a closing stock price at $29.03; Ceradyne Incorporated (NasdaqGS: CRDN) stock price shed 3.73 points on the trading session, high on the trading session $42.87, low on the trading session $40.52 with a closing stock price at $40.92; Priceline.com Incorporated (NasdaqGS: PCLN) stock price shed 4.64 points on the trading session, high on the trading session $97.67, low on the trading session $90.74 with a closing stock price at $92.95; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 14.30 points on the trading session, high on the trading session $261.75, low on the trading session $245.35 with a closing stock price at $246.30.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 403; declined stock prices 743; unchanged stock prices 89; stock prices hitting new highs 11; stock prices hitting new lows 66.
Chicago Board of Trade Futures Market activity for the day, at time of this posting for September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,275.75 change 0.50
E-mini NASDAQ-100 (NQ) end of day price 1,834.75, change 0.50
E-mini S&P SmallCap 600 (SMP) end of day price 388.90, change -0.10
$5 DJIA (YM) end of day price 11,545, change 4
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6903 to U.S. Dollars 1.4486
Japanese Yen 108.260 to U.S. Dollars 0.0092
British Pound 0.5635 to U.S. Dollars 1.7745
Canadian Dollar 1.0611 to U.S. Dollars 0.9424
Swiss Franc 1.1065 to U.S. Dollars 0.9038
Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $0.36 on the day for a closing price of $109.35 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) gained $0.01 on the day for a closing price of $3.08 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) no change on the day for a closing price of $7.26 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) gained $0.03 on the day for a closing price of $2.77 a gallon ($US per gallon)
Metals Markets:
Gold Market Price (COMEX: CMX) shed $2.30 on the day for a closing price of $808.20 ($US per Troy ounce)
Silver (COMEX: CMX) shed $0.20 on the day for a closing price of $12.95 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $11.30 on the day for a closing price of $1,392.20 ($US per Troy ounce)
Copper (COMEX: CMX) gained $0.04 on the day for a closing price of $3.31 ($US per pound)
Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) shed 0.90 on the day for a closing price of 68.65
Pork Bellies (Chicago Mercantile Exchange: CME) shed 2.45 on the day for a closing price of 90.30
Live Cattle (Chicago Mercantile Exchange: CME) shed 0.60 on the day for a closing price of 103.15
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 1.45 on the day for a closing price of 110.28
Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 7.00 on the day for a closing price of 562.25
Soybeans (Chicago Board of Trade: CBT) shed 47.00 on the day for a closing price of 1,251.50
Bond Market:
2 year bond ended the day for a closing price of 100 7/32 with a Yield of 2.26, Yield Change 0.00
5 year bond gained 5/32 on the day for a closing price of 100 25/32 with a Yield of 2.95, Yield Change -0.03
10 year bond gained 10/32 on the day for a closing price of 102 10/32 with a Yield of 3.70, Yield Change -0.03
30 year bond gained 20/32 on the day for a closing price of 102 31/32 with a Yield of 4.32, Yield Change -0.11
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 services. Traders should review our FREE Monthly Trading Lesson posted on our website.
Thanks for reading
Millennium-Traders.Com
