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Daily Market Commentary for September 5, 2008 from Millennium-Traders.Com

An increase in the number of foreclosures has been seen in California and Florida resulting in erasing improvements in the mortgage industry in several states including but not limited to Texas and Massachusetts. (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 32.73 points on the day to end the trading session at 11,220.96
NYSE (New York Stock Exchange) gain of 25.51 points to end the trading session at 8,033.76
NASDAQ loss of 3.16 points to end the trading session at 2,255.88
S&P 500 gain of 5.48 points to end the trading session at 1,242.31
FTSE All-World excluding - U.S. loss of 3.96 points to end the trading session at 205.79
FTSE RAFI 1000 loss of 71.23 points to end the trading session at 4,857.30
BEL 20 (BEL20) loss of 40.27 points to end the trading session at 3,025.88
CAC 40 (CAC40) loss of 80.4 points to end the trading session at 4,223.61
FTSE100 (UKX100) triple digit loss of 106.8 points to end the trading session at 5,255.30
NIKKEI 225 (NIK/O) triple digit loss of 345.43 points to end the trading session at 12,212.23

New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 1,534; declined stock prices 1,616; unchanged stock prices 109; stock prices hitting new highs 14 and stock prices hitting new lows 216.
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 gained 2.08 points on the trading session, high on the trading session $76.93, low on the trading session $68.33 with a closing stock price at $76.48; Mosaic Corporation (NYSE: MOS) stock price gained 6.74 points on the trading session, high on the trading session $94.85, low on the trading session $85.87 with a closing stock price at $94.52; Constellation Energy Group Incorporated (NYSE: CEG) stock price shed 2.42 points on the trading session, high on the trading session $65.77, low on the trading session $61.59 with a closing stock price at $63.31; Nokia Corporation (NYSE: NOK) stock price shed 1.69 points on the trading session, high on the trading session $20.65, low on the trading session $19.25 with a closing stock price at $20.62; Oil Services Holders (NYSE: OIH) stock price shed 0.02 points on the trading session, high on the trading session $169.06, low on the trading session $162.74 with a closing stock price at $167.60; Consol Energy Incorporated (NYSE: CNX) stock price gained 0.85 points on the trading session, high on the trading session $59.67, low on the trading session $53.47 with a closing stock price at $59.14; Burlington Northern Sante Fe Corporation (NYSE: BNI) stock price shed 0.13 points on the trading session, high on the trading session $100.15, low on the trading session $96.25 with a closing stock price at $99.98; MasterCard Incorporated (NYSE: MA) stock price gained 5.41 points on the trading session, high on the trading session $221.69, low on the trading session $207.93 with a closing stock price at $221.44; CME Group Incorporated (NYSE: CME) stock price gained 0.96 points on the trading session, high on the trading session $331.75, low on the trading session $312.70 with a closing stock price at $328.61; Rio Tinto plc (NYSE: RTP) stock price shed 0.15 points on the trading session, high on the trading session $317.57, low on the trading session $302.85 with a closing stock price at $314.42; Ultrashort Financial Corporation (NYSE: SKF) stock price shed 5.85 points on the trading session, high on the trading session $123.50, low on the trading session $112.23 with a closing stock price at $113.05; CF Industries Holdings Incorporated (NYSE: CF) stock price gained 7.77 points on the trading session, high on the trading session $131.68, low on the trading session $118.91 with a closing stock price at $131.20; Devon Energy Corporation (NYSE: DVN) stock price gained 1.99 points on the trading session, high on the trading session $96.39, low on the trading session $91.40 with a closing stock price at $95.69.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 1,275; declined stock prices 1,540; unchanged stock prices 155; stock prices hitting new highs 8; stock prices hitting new lows 153.
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: Celgene Corporation (NasdaqGS: CELG) stock price shed 1.08 points on the trading session, high on the trading session $67.79, low on the trading session $63.00 with a closing stock price at $66.21; Google Incorporated (NasdaqGS: GOOG) stock price shed 4.25 points on the trading session, high on the trading session $452.45, low on the trading session $440.08 with a closing stock price at $446.00.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 435; declined stock prices 737; unchanged stock prices 91; stock prices hitting new highs 17; stock prices hitting new lows 167.

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 1,241.25 change 4.75
E-mini NASDAQ-100 (NQ) end of day price 1,769.00, change -6.50
E-mini S&P SmallCap 600 (SMP) end of day price 376.80, change -1.20
$5 DJIA (YM) end of day price 11,225 change -25

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7027 to U.S. Dollars 1.4230
Japanese Yen 107.220 to U.S. Dollars 0.0093
British Pound 0.5670 to U.S. Dollars 1.7638
Canadian Dollar 1.0632 to U.S. Dollars 0.9406
Swiss Franc 1.1176 to U.S. Dollars 0.8948

Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $1.66 on the day for a closing price of $106.23 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.04 on the day for a closing price of $2.98 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) gained $0.13 on the day for a closing price of $7.45 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.05 on the day for a closing price of $2.69 a gallon ($US per gallon)

Metals Markets:
Gold Market Price (COMEX: CMX) gained $0.30 on the day for a closing price of $803.50 ($US per Troy ounce)
Silver (COMEX: CMX) shed $0.62 on the day for a closing price of $12.33 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $34.40 on the day for a closing price of $1,367.80 ($US per Troy ounce)
Copper (COMEX: CMX) shed $0.17 on the day for a closing price of $3.17 ($US per pound)

Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) gained 0.40 on the day for a closing price of 69.43
Pork Bellies (Chicago Mercantile Exchange: CME) shed 1.33 on the day for a closing price of 86.10
Live Cattle (Chicago Mercantile Exchange: CME) shed 0.35 on the day for a closing price of 102.95
Feeder Cattle (Chicago Mercantile Exchange: CME) gained 0.30 on the day for a closing price of 110.68

Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 16.00 on the day for a closing price of 548.50
Soybeans (Chicago Board of Trade: CBT) shed 58.00 on the day for a closing price of 1,177.00

Bond Market:
2 year bond shed 4/32 on the day for a closing price of 100 8/32 with a Yield of 2.24, Yield Change 0.06
5 year bond shed 9/32 on the day for a closing price of 100 30/32 with a Yield of 2.91, Yield Change 0.06
10 year bond shed 8/32 on the day for a closing price of 102 26/32 with a Yield of 3.65, Yield Change 0.03
30 year bond shed 2/32 on the day for a closing price of 103 26/32 with a Yield of 4.26, Yield Change 0.00

At the close of the week, performance results for our Moderators:
Stocks Trading Room:
Jeannie $10,994
Barry $8,923
Sam $4,102

Futures Trading Room:
JT $4,990

Forex Trading Room:
JT $13,500

Daily Swing Trades:
Barry $7,670

Weekly Swing Trades:
n/a

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Thanks for reading
Millennium-Traders.Com
 
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