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Daily Market Commentary for August 15, 2008 from Millennium-Traders.Com

During the month of June, Gasoline made up about 4.4% of consumer spending which accounts for more than the 3.9% spent on automobiles per the U.S. Bureau of Economic Analysis said. (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 43.15 points on the day to end the trading session at 11,659.08
NYSE (New York Stock Exchange) loss of 2.30 points to end the trading session at 8,383.67
NASDAQ loss of 1.15 points to end the trading session at 2,452.52
S&P 500 gain of 5.16 points to end the trading session at 1,298.09
FTSE All-World excluding - U.S. loss of 0.25 points to end the trading session at 220.85
FTSE RAFI 1000 gain of 30.80 points to end the trading session at 5,120.25
BEL 20 (BEL20) gain of 28.58 points to end the trading session at 3,083.01
CAC 40 (CAC40) gain of 32.71 points to end the trading session at 4,453.62
FTSE100 (UKX100) loss of 42.6 points to end the trading session at 5,454.80
NIKKEI 225 (NIK/O) gain of 62.61 points on the day to end the trading session at 13,019.41

New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 1,656; declined stock prices 1,487; unchanged stock prices 114; stock prices hitting new highs 45 and stock prices hitting new lows 51. 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: Bunge Limited (NYSE: BG) stock price shed 3.90 points on the trading session, high on the trading session $94.38, low on the trading session $89.24 for a closing stock price at $90.27; Rio Tinto plc (NYSE: RTP) stock price shed 6.27 points on the trading session, high on the trading session $349.95, low on the trading session $342.54 for a closing stock price at $346.73; Harman International Industries (NYSE: HAR) stock price shed 6.00 points on the trading session, high on the trading session $39.32, low on the trading session $36.21 for a closing stock price at $37.00; AT&T Incorporated (NYSE: T) stock price shed 31.92 points on the trading session, high on the trading session $31.92, low on the trading session $31.16 for a closing stock price at $31.66; DeVry Incorporated (NYSE: DV) stock price shed 53.88 points on the trading session, high on the trading session $53.88, low on the trading session $49.82 for a closing stock price at $51.45; Agrium Incorporated (NYSE: AGU) stock price shed 03.20 points on the trading session, high on the trading session $80.30, low on the trading session $77.56 for a closing stock price at $78.41; Cameco Corporation (NYSE: CCJ) stock price shed 2.43 points on the trading session, high on the trading session $31.12, low on the trading session $28.26 for a closing stock price at $28.78; Apache Corporation (NYSE: APA) stock price shed 3.88 points on the trading session, high on the trading session $109.50, low on the trading session $104.81 for a closing stock price at $106.74; Mosaic Company (NYSE: MOS) stock price shed 6.83 points on the trading session, high on the trading session $103.00, low on the trading session $94.57 for a closing stock price at $97.52; CME Group Incorporated (NYSE: CME) stock price gained 12.47 points on the trading session, high on the trading session $360.95, low on the trading session $347.27 for a closing stock price at $356.39; Devon Energy Corporation (NYSE: DVN) stock price shed 2.70 points on the trading session, high on the trading session $96.34, low on the trading session $92.70 for a closing stock price at $93.95; United States Steel Corporation (NYSE: X) stock price shed 3.38 points on the trading session, high on the trading session $134.78, low on the trading session $128.11 for a closing stock price at $131.58; Constellation Energy Group Incorporated (NYSE: CEG) stock price gained 1.46 points on the trading session, high on the trading session $63.20, low on the trading session $60.68 for a closing stock price at $63.14.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 1,350; declined stock prices 1,510; unchanged stock prices 149; stock prices hitting new highs 72; stock prices hitting new lows 44. 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: First Solar Incorporated (NasdaqGS: FSLR) stock price gained 6.40 points on the trading session, high on the trading session $271.45, low on the trading session $263.55 for a closing stock price at $266.20; Mentor Graphics Corporation (NasdaqGS: MENT) stock price shed 3.65 points on the trading session, high on the trading session $14.10, low on the trading session $10.15 for a closing stock price at $10.35; TBS International Limited (NasdaqGS: TBSI) stock price shed 2.35 points on the trading session, high on the trading session $34.40, low on the trading session $30.69 for a closing stock price at $31.73; Research In Motion Limited (NasdaqGS: RIMM) stock price shed 2.08 points on the trading session, high on the trading session $132.41, low on the trading session $127.39 for a closing stock price at $128.65.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 562; declined stock prices 596; unchanged stock prices 92; stock prices hitting new highs 23; stock prices hitting new lows 70.

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 1,299.75 change 0.00
E-mini NASDAQ-100 (NQ) end of day price 1,964.75, change -0.75
E-mini S&P SmallCap 600 (SMP) end of day price 396.00, change 0.00
$5 DJIA (YM) end of day price 11,660, change -3

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6816 to U.S. Dollars 1.4672
Japanese Yen 110.50 to U.S. Dollars 0.0090
British Pound 0.5369 to U.S. Dollars 1.8625
Canadian Dollar 1.0585 to U.S. Dollars 0.9447
Swiss Franc 1.0968 to U.S. Dollars 0.9117

Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $1.24 on the day for a closing price of $113.77 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) gained $0.02 on the day for a closing price of $3.15 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.04 on the day for a closing price of $8.20 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.05 on the day for a closing price of $2.86 a gallon ($US per gallon)

Metals Markets:
Gold Market Price (COMEX: CMX) shed $22.40 on the day for a closing price of $792.10 ($US per Troy ounce)
Silver (COMEX: CMX) shed $1.43 on the day for a closing price of $12.93 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $100.90 on the day for a closing price of $1,388.20 ($US per Troy ounce)
Copper (COMEX: CMX) gained $0.02 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 0.53 on the day for a closing price of 75.55
Pork Bellies (Chicago Mercantile Exchange: CME) shed 4.50 on the day for a closing price of 97.53
Live Cattle (Chicago Mercantile Exchange: CME) shed 2.05 on the day for a closing price of 105.85
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 0.90 on the day for a closing price of 114.53

Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 27.75 on the day for a closing price of 549.50
Soybeans (Chicago Board of Trade: CBT) shed 55.00 on the day for a closing price of 1,219.00

Bond Market:
2 year bond gained 2/32 on the day for a closing price of 100 21/32 with a Yield of 2.39, Yield Change -0.04
5 year bond gained 7/32 on the day for a closing price of 101 7/32 with a Yield of 3.10, Yield Change -0.04
10 year bond gained 12/32 on the day for a closing price of 101 8/32 with a Yield of 3.84, Yield Change -0.05
30 year bond gained 24/32 on the day for a closing price of 100 14/32 with a Yield of 4.47, Yield Change -0.04

At the close of the week, performance results for our Moderators:

Stocks Trading Room:
Jeannie $4,443
Barry $9,922
Marty $3,610
Sam $2,768

Futures Trading Room:
JT $6,610

Forex Trading Room:
JT $18,550

Daily Swing Trades:
Barry $8,920

Weekly Swing Trades:
Jeannie $3,780

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Thanks for reading
Millennium-Traders.Com
 
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