Quiet Trading on the Street

MTnews

Banned for advertising in Community Forums
Messages
134
Daily Market Commentary for February 11, 2008 from Millennium-Traders.Com

At the closing bell on the Stock Exchange, here is how the major indices ended the session on the U.S. Markets:

DOW (Dow Jones Industrial Average) gain of 57.88 points on the day to end the session at 12,240.01

NYSE (New York Stock Exchange) gain of 45.16 points to end the session at 8,868.28

NASDAQ gain of 15.21 points for a close at 2,320.06

S&P 500 gain of 7.84 points for a close at 1,339.13

RUSSELL 2000 gain of 0.85 points to close at 699.75

FTSE Global Equity Index Series (GEIS) loss of 0.23 points to close at 234.28

FTSE RAFI 1000 gain of 31.85 points to close at 5,504.69

BEL 20 loss of 28.82 points to close at 3,583.25

CAC 40 loss of 26.95 points to close at 4,682.71

FTSE100 loss of 76.3 points to close at 5,707.70

NIKKEI 225 unchanged at 13,017.20

On the NYSE today, advancers came in at 1,646 decliners totaled 1,519; unchanged came in at 90; new highs came in at 42 and new lows came in at 83. Momentum stocks traded by active Day Traders on the NYSE today: American International Group, Incorporated (AIG) shed 5.94 points with a high on the day of $49.00, a low of $44.50 for a closing price at $44.74; Potash Corp. of Saskatchewan, Incorporated (POT) gained 6.58 points with a high on the day of $144.08, a low of $137.10 for a closing price at $144.08; CME Group, Incorporated (CME) gained 4.50 points with a high on the day of $530.00, a low of $507.67 for a closing price at $521.50; HDFC Bank Limited (HDB) shed 3.37 points with a high on the day of $109.00, a low of $105.22 for a closing price at $108.07; Reliance Steel & Aluminum Corporation (RS) shed 1.42 points with a high on the day of $50.20, a low of $47.26 for a closing price at $48.90; Loews Corporation (LTR) shed 3.73 points with a high on the day of $44.36, a low of $40.76 for a closing price at $41.00; PNM Resources Incorporated (PNM) shed 4.73 points with a high on the day of $17.75, a low of $13.31 for a closing price at $14.32; NYMEX Holdings Incorporated (NMX) gained 14.67 points with a high on the day of $98.47, a low of $92.94 for a closing price at $97.54; Lincoln National Corporation (LNC) shed 1.60 points with a high on the day of $51.63, a low of $49.16 for a closing price at $49.94; Suntech Power Holdings Corporation Limited (STP) gained 4.67 points with a high on the day of $49.74, a low of $45.36 for a closing price at $49.35; Capital One Financial Corporation (COF) shed 2.16 points with a high on the day of $49.27, a low of $46.14 for a closing price at $46.82; CNA Financial Corporation (CNA) shed 6.16 points with a high on the day of $30.77, a low of $25.17 for a closing price at $26.07; Goldman Sachs Group Incorporated (GS) shed 1.20 points with a high on the day of $190.00, a low of $185.50 for a closing price at $185.97; InterContinental Exchange, Incorporated (ICE) gained 2.35 points with a high on the day of $132.62, a low of $126.23 for a closing price at $130.15.

On the NASDAQ today, advanced totaled 1,539; decliners totaled 1,469; unchanged came in at 102; new highs came in at 25 and new lows came in at 133. Momentum stocks traded by active Day Traders on the NASDAQ today: SunPower Corporation (SPWR) gained 7.21 points with a high on the day of $75.00, a low of $68.60 for a closing price at $73.58; Research In Motion Limited (RIMM) gained 4.76 points with a high on the day of $95.00, a low of $91.05 for a closing price at $94.47; Baidu.com Incorporated (BIDU) gained 12.80 points with a high on the day of $248.16, a low of $236.50 for a closing price at $246.71; First Solar, Incorporated (FSLR) gained 16.45 points with a high on the day of $190.85, a low of $176.51 for a closing price at $189.64; Garmin Limited (GRMN) shed 0.68 points with a high on the day of $67.65, a low of $64.40 for a closing price at $66.13; Google Incorporated (GOOG) gained 4.47 points with a high on the day of $523.71, a low of $513.40 for a closing price at $521.16; Apple Incorporated (AAPL) gained 3.97 points with a high on the day of $129.98, a low of $127.20 for a closing price at $129.45.

Commodities Markets
The trend was higher across the board today for the Energy Sector: Light crude moved higher today by $1.82 to close at $93.59 a barrel; Heating Oil moved higher today by $0.05 to close at $2.60 a gallon; Natural Gas moved higher today by $0.23 to close at $8.53 per million BTU and Unleaded Gas moved higher today by $0.04 to close at $2.40 a gallon.

Metals Markets ended the session higher across the board today: Gold moved higher today by $4.40 to close at $926.70 a Troy ounce; Silver moved higher today by $0.36 to close at $17.47 per Troy ounce; Platinum moved sharply higher today by $55.40 to close at $1,939.40 per Troy ounce and Copper moved higher by $0.02 today to close at $3.56 per pound.

On the Livestock and Meat Markets, the trend was mixed across the board today: Lean Hogs ended the day higher by $0.20 to close at $65.08; Pork Bellies ended the day lower by $0.48 to close at $97.63; Live Cattle ended the day with no change at $95.10 and Feeder Cattle ended the day higher by $0.88 at $105.90.

Other Commodities: Corn ended the day lower by $4.50 at $503.50 and Soybeans moved lower today by $13.00 to end the session at $1,326.00.

Bonds were mostly higher across the board today: 2 year bond closed with no change at 100 12/32; 5 year bond moved higher by 4/32 to close at 101 today; 10 year bond moved higher by 6/32 to close at 99 and the 30 year bond moved higher by 8/32 to close at 99 17/32 on the day.

The e-mini Dow ended the session today at 12,233 with a gain of 56 points on the trading session. The total Dow Exchange Volume for the day came in at 153,694 which are comprised of Electronic, Open Auction and Cash Exchange. Traders should review workshops available at the CBOT (Chicago Board of Trade) Educational in-person seminars schedules available on CBOT (Chicago Board of Trade) website.

The end of day results for the CBOT (Chicago Board of Trade) which is comprised of the total Exchange Volume for Futures and Options (EVFO) including Electronic, Open Auction and Cash Exchange ended the day at 4,382,882; Open Interest for Futures moved lower by 107,576 points to close at 10,565,785; the Open Interest for Options moved higher by 97,513 points to close at 10,071,513 and the Cleared Only closed higher by 2,732 points to close at 24,518 for a total Open Interest on the day of 20,662,112 for a total Change on the day with a loss of 7,331 points.

Monitor scheduled economic data every market morning by viewing the Daily Market Report from Millennium-Traders, free access to visitors on our website.

Numerous Free Offers available from Sponsors with processed subscriptions to Free Trial or other services from Millennium-Traders: Investors Business Daily, FX Solutions, Daily Reckoning, Option Advisor, Zacks Investment Management, MarketFN, Buffett's Investment, United Commodity Traders Inc, Free Gold Futures Starter Kit plus, HotStix Weekly Report.

Review archived News & Commentary's plus our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
Millennium-Traders.Com

To view additional Daily Market Commentary's Click Here ..
 
Back
Top