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Bear Market

reports — Fri, 27 Jun 2008 14:38:34 GMT

Daily Market Commentary for June 27, 2008 from [URL="http://www.millennium-traders.com"]Millennium-Traders.Com[/URL]

Market action is certainly looking like we are in Bear Market Territory. Trading volume was heavy during the trading session, setting off alarms for potential Bear Market trading activity. ([URL="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/URL])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) triple digit loss of 100.07 points on the day to end the trading session at 11,353.35, for the year 2008, this is the thirty-seventh loss of one hundred points or more
NYSE (New York Stock Exchange) loss of 17.47 points to end the trading session at 8,623.27
NASDAQ loss of 5.74 points to end the trading session at 2,315.63
S&P 500 loss of 4.27 points to end the trading session at 1,278.88
FTSE All-World ex-U.S. loss of 1.04 points to end the trading session at 231.42
FTSE RAFI 1000 loss of 20.67 points to end the trading session at 4,988.54
BEL 20 (BEL20) loss of 28.36 points to end the trading session at 3,177.42
CAC 40 (CAC40) loss of 28.87 points to end the trading session at 4,397.32
FTSE100 (UKX100) gain of 11.7 points to end the trading session at 5,529.9
NIKKEI 225 (NIK/O) triple digit loss of 277.96 points to end the trading session at 13,544.36

Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 1,168; declined stocks 1,994; unchanged stocks 94; stocks hitting new highs 30; stocks hitting new lows 454. List of volatile stocks 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) gained 10.16 points on the trading session, high on the trading session $109.15, low on the trading session $95.75 for a closing stock price at $107.90; AZZ Incorporated (NYSE: AZZ) gained 6.81 points on the trading session, high on the trading session $40.81, low on the trading session $36.99 for a closing stock price at $39.08; CF Industries Holdings Incorporated (NYSE: CF) gained 3.06 points on the trading session, high on the trading session $158.00, low on the trading session $149.00 for a closing stock price at $156.85; CME Group Incorporated (NYSE: CME) shed 17.45 points on the trading session, high on the trading session $410.97, low on the trading session $384.00 for a closing stock price at $389.50; Agrium Incorporated (NYSE: AGU) gained 2.81 points on the trading session, high on the trading session $107.84, low on the trading session $101.16 for a closing stock price at $106.73; Transocean Incorporated (NYSE: RIG) gained 1.22 points on the trading session, high on the trading session $154.29, low on the trading session $150.11 for a closing stock price at $152.50.

Market trends on the NASDAQ today: advanced stocks 1,194; declined stocks 1,749; unchanged stocks 120; stocks hitting new highs 18; stocks hitting new lows 357. List of volatile stocks 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) shed 7.95 points on the trading session, high on the trading session $271.78, low on the trading session $261.29 for a closing stock price at $265.31; Google Incorporated (NasdaqGS: GOOG) shed 1.67 points on the trading session, high on the trading session $530.00, low on the trading session $515.09 for a closing stock price at $527.15.

Market trends on the American Stock Exchange (AMEX) today: advanced stocks 487; declined stocks 715; unchanged stocks 79; stocks hitting new highs 34; stocks hitting new lows 106.

University of Michigan End-June Consumer Sentiment came in at 56.4 compared to reading in May 59.8; University of Michigan End-June Current Index came in at 67.6 compared to May reading of 73.3; University of Michigan End-June expectations were at 49.2 compared to May reading of 51.1; University Michigan Preliminary June Sentiment was 56.7; University Michigan 12-Month Inflation Forecast increased by 5.1% compared to May reading of increase by 5.2%.

U.S. Personal Income increased by 1.9% in May, compared to consensus of an increase by 0.4%; U.S. Personal Spending increased by 0.8% in May compared to consensus of an increase by 0.7%; May PCE Core Price Index increased at rate of 0.1% on the month; May PCE Core Price Index increased at rate of 2.1% on the year; May PCE Price Index increased at rate of 0.4% on the month; May PCE Price Index increased at rate of 3.1% on the year; April Personal Income revised to an increase of 0.3% from increase by 0.2%; April Spending revised to increase of 0.4% from increase by 0.2%,

Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts, at time of this posting:

E-mini S&P 500 (ES) end of day price 1281.50, change -3.00

E-mini NASDAQ-100 (NQ) end of day price 1869.00, change 2.50

E-mini S&P SmallCap 600 (SMP) end of day price 368.90, change -2.00

$5 DJIA (YM) end of day price 11,366, change -96

World Currencies at time of this posting:

Euro 0.6335 to U.S. Dollars 1.57864

Japanese Yen 106.1500 to U.S. Dollars 0.0094

British Pound 0.5014 to U.S. Dollars 1.9943

Canadian Dollar 1.0107 to U.S. Dollars 0.9894

Swiss Franc 1.0182 to U.S. Dollars 0.9821

Commodities Markets:

Energy Sector: Light Crude (NYM) gained $0.57 on the day for a closing price of $140.21 a gallon ($US per bbl.); Heating Oil (NYM) gained $0.02 on the day for a closing price of $3.93 a gallon ($US per gal.); Natural Gas (NYM) shed $0.05 on the day for a closing price of $13.20 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.01 on the day for a closing price of $3.50 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) gained $16.20 on the day for a closing price of $931.31 ($US per Troy oz.); Silver (CMX) gained $0.49 on the day for a closing price of $17.71 ($US per Troy oz.); Platinum (NYM) shed $7.40 on the day for a closing price of $2,062.40 ($US per Troy oz.) and Copper (CMX) gained $0.05 on the day for a closing price of $3.8883 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 10.03 on the day for a closing price of 72.70; Pork Bellies (CME) gained 1.80 on the day for a closing price of 74.50; Live Cattle (CME) gained 1.25 on the day for a closing price of 105.10; Feeder Cattle (CME) gained 0.28 on the day for a closing price of 111.73.

Other Commodities (cents per bu.): Corn (CBT) shed 1.00 on the day for a closing price of 787.00 and Soybeans (CBT) shed 2.00 on the day for a closing price of 1,559.50.

Bond action for the day: 2 year bond gained 1/32 on the day for a closing price of 100 14/32 with a Yield of 2.63, Yield Change -0.03; 5 year bond gained 12/32 on the day for a closing price of 100 3/32 with a Yield of 3.35, Yield Change -0.04; 10 year bond gained 15/32 on the day for a closing price of 99 5/32 with a Yield of 3.96, Yield Change -0.07; the 30 year bond gained 1 7/32 on the day for a closing price of 97 18/32 with a Yield of 4.52, Yield Change -0.08.

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

Stocks Trading Room:
Jeannie - $7,606
Barry - $13,265
Marty - $8,930
Sam - $4,566

Futures Trading Room:
JT - $5,430.00

Forex Trading Room:
JT - $5,450

Daily Swing Trades:
Barry - $17,540

Weekly Swing Trades:
Jeannie - $2,140

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
[URL="http://www.millennium-traders.com"]Millennium-Traders.Com[/URL]

Black Gold

reports — Thu, 26 Jun 2008 15:03:05 GMT

Daily Market Commentary for June 26, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

The soaring price of Black gold is beginning to take a serious hit on Wall Street and big corporations are not taking the pain lightly. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) triple digit loss of 355.64 points on the day to end the trading session at 11,456.19
NYSE (New York Stock Exchange) triple digit loss of 225.06 points to end the trading session at 8,640.74
NASDAQ loss of 79.89 points to end the trading session at 2,321.37
S&P 500 loss of 38.65 points to end the trading session at 1,283.32
FTSE All-World ex-U.S. loss of 3.93 points to end the trading session at 232.82
FTSE RAFI 1000 triple digit loss of 150.47 points to end the trading session at 5,024.18
BEL 20 (BEL20) triple digit loss of 155.87 points to end the trading session at 3,205.78
CAC 40 (CAC40) triple digit loss of 110.1 points to end the trading session at 4,426.19
FTSE100 (UKX100) triple digit loss of 147.9 points to end the trading session at 5,518.2
NIKKEI 225 (NIK/O) loss of 7.6 points to end the trading session at 13,822.32

Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 451; declined stocks 2,757; unchanged stocks 61; stocks hitting new highs 12; stocks hitting new lows 359. List of volatile stocks 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: BlackRock Incorporated (NYSE: BLK) shed 8.86 points on the trading session, high on the trading session $186.55, low on the trading session $180.32 for a closing stock price at $180.68; CONSOL Energy Incorporated (NYSE: CNX) gained 0.18 points on the trading session, high on the trading session $109.95, low on the trading session $103.43 for a closing stock price at $108.42; NIKE Incorporated (NYSE: NKE) shed 7.15 points on the trading session, high on the trading session $62.00, low on the trading session $57.63 for a closing stock price at $58.81; Cummins Incorporated (NYSE: CMI) shed 5.87 points on the trading session, high on the trading session $71.89, low on the trading session $66.46 for a closing stock price at $66.70; Rio Tinto plc (NYSE: RTP) shed 7.15 points on the trading session, high on the trading session $459.19, low on the trading session $450.00 for a closing stock price at $453.68; Agrium Incorporated (NYSE: AGU) shed 3.14 points on the trading session, high on the trading session $107.49, low on the trading session $102.35 for a closing stock price at $103.92; CACI International Incorporated (NYSE: CAI) shed 4.84 points on the trading session, high on the trading session $49.50, low on the trading session $45.81 for a closing stock price at $46.36; CF Industries Holdings Incorporated (NYSE: CF) shed 4.73 points on the trading session, high on the trading session $159.69, low on the trading session $152.62 for a closing stock price at $153.79; Nucor Corporation (NYSE: NUE) shed 3.31 points on the trading session, high on the trading session $76.87, low on the trading session $72.66 for a closing stock price at $73.87; Lindsay Corporation (NYSE: LNN) shed 3.99 points on the trading session, high on the trading session $91.44, low on the trading session $85.41 for a closing stock price at $87.06; CME Group Incorporated (NYSE: CME) shed 20.61 points on the trading session, high on the trading session $423.98, low on the trading session $406.94 for a closing stock price at $406.95; Monsanto Company (NYSE: MON) shed 4.27 points on the trading session, high on the trading session $134.90, low on the trading session $127.20 for a closing stock price at $127.25; Potash Corporation Saskatchewan (NYSE: POT) shed 2.38 points on the trading session, high on the trading session $224.00, low on the trading session $215.63 for a closing stock price at $219.20; Petroleo Brasileiro SA (NYSE: PBR) shed 0.51 points on the trading session, high on the trading session $69.24, low on the trading session $66.86 for a closing stock price at $68.32; Bunge Limited (NYSE: BG) shed 1.69 points on the trading session, high on the trading session $108.95, low on the trading session $105.09 for a closing stock price at $105.81; MasterCard Incorporated (NYSE: MA) shed 14.06 points on the trading session, high on the trading session $285.94, low on the trading session $268.01 for a closing stock price at $275.73; Transocean Incorporated (NYSE: RIG) gained 0.30 points on the trading session, high on the trading session $153.00, low on the trading session $147.81 for a closing stock price at $151.28.

Market trends on the NASDAQ today: advanced stocks 603; declined stocks 2,348; unchanged stocks 100; stocks hitting new highs 12; stocks hitting new lows 308. List of volatile stocks 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: Research In Motion Limited (NasdaqGS: RIMM) shed 19.18 points on the trading session, high on the trading session $128.98, low on the trading session $123.00 for a closing stock price at $123.20; Xyratex Limited (NasdaqGS: XRTX) shed 2.56 points on the trading session, high on the trading session $17.48, low on the trading session $15.52 for a closing stock price at $15.86; Google Incorporated (NasdaqGS: GOOG) shed 21.10 points on the trading session, high on the trading session $544.93, low on the trading session $528.26 for a closing stock price at $529.90; James River Coal Company (NasdaqGS: JRCC) gained 1.34 points on the trading session, high on the trading session $57.50, low on the trading session $51.40 for a closing stock price at $55.26; DryShips Incorporated (NasdaqGS: DRYS) gained 0.38 points on the trading session, high on the trading session $84.45, low on the trading session $79.33 for a closing stock price at $82.35; Apple Incorporated (NasdaqGS: AAPL) shed 9.21 points on the trading session, high on the trading session $174.84, low on the trading session $168.01 for a closing stock price at $168.18; Sohu.com Incorporated (NasdaqGS: SOHU) shed 5.07 points on the trading session, high on the trading session $71.89, low on the trading session $67.51 for a closing stock price at $68.04; First Solar Incorporated (NasdaqGS: FSLR) shed 16.73 points on the trading session, high on the trading session $286.99, low on the trading session $271.05 for a closing stock price at $273.40; Baidu.com Incorporated (NasdaqGS: BIDU) shed 16.63 points on the trading session, high on the trading session $328.00, low on the trading session $314.00 for a closing stock price at $315.46.

Market trends on the American Stock Exchange (AMEX) today: advanced stocks 388; declined stocks 824; unchanged stocks 91; stocks hitting new highs 23; stocks hitting new lows 88.

U.S. May Existing Home Sales rose by 2.0% to rate of 4.99 Million; U.S. May Existing Home Sales Consensus was at rate of 4.98 Million; U.S. Inventory of Unsold U.S. Homes at 10.8 Months Supply; U.S. May Median Existing Home Price fell 6.3% on the year to $208,600.

U.S. Jobless Claims remained Unchanged at 384K for week of June 21 compared to survey of a drop by 6K; U.S. Jun 14 Week Continuing Claims increased by 82K to 3,139,000; U.S. Jun 14 Week Jobless Claims were revised to 384K from 386K.

U.S. First Quarter GDP Revised to an increase of a rate of 1.0% from an increase by 0.9% and U.S. First Quarter GDP Consensus increased by 1.0%.

First Quarter Real Final Sales were revised to an increase by 0.9% rate from an increase by 0.7%; First Quarter PCE Price Index revised to an increase by 3.6% rate from an increase by 3.5%; First Quarter Purchases Price Index revised to an increase by 3.6% rate from an increase by 3.5%; First Quarter Chain-Weighted Price Index revised to an increase by 2.7% from an increase by 2.6%; First Quarter Corporate Profits revised to a drop by 7.8% from a drop by 6.8%.

Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts, at time of this posting:

E-mini S&P 500 (ES) end of day price 1285.00, change 0.50

E-mini NASDAQ-100 (NQ) end of day price 1868.50, change 2.00

E-mini S&P SmallCap 600 (SMP) end of day price 370.90, change 0.00

$5 DJIA (YM) end of day price 11,469, change 7

World Currencies at time of this posting:

Euro 0.6344 to U.S. Dollars 1.5764

Japanese Yen 106.7300 to U.S. Dollars 0.0094

British Pound 0.5031 to U.S. Dollars 1.9878

Canadian Dollar 1.0129 to U.S. Dollars 0.9873

Swiss Franc 1.0230 to U.S. Dollars 0.9775

Commodities Markets:

Energy Sector: Light Crude (NYM) gained $5.09 on the day for a closing price of $139.64 a gallon ($US per bbl.); Heating Oil (NYM) gained $0.13 on the day for a closing price of $3.91 a gallon ($US per gal.); Natural Gas (NYM) gained $0.38 on the day for a closing price of $13.25 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.12 on the day for a closing price of $3.51 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) gained $32.80 on the day for a closing price of $915.10 ($US per Troy oz.); Silver (CMX) gained $0.61 on the day for a closing price of $17.22 ($US per Troy oz.); Platinum (NYM) gained $50.50 on the day for a closing price of $2,069.80 ($US per Troy oz.) and Copper (CMX) gained $0.05 on the day for a closing price of $3.83 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 1.33 on the day for a closing price of 72.68; Pork Bellies (CME) gained 1.20 on the day for a closing price of 72.70; Live Cattle (CME) shed 0.55 on the day for a closing price of 103.85; Feeder Cattle (CME) shed 1.10 on the day for a closing price of 111.45.

Other Commodities (cents per bu.): Corn (CBT) gained 23.00 on the day for a closing price of 788.00 and Soybeans (CBT) gained 36.50 on the day for a closing price of 1,561.50.

Bond action for the day: 2 year bond gained 9/32 on the day for a closing price of 100 12/32 with a Yield of 2.67, Yield Change -0.14; 5 year bond gained 16/32 on the day for a closing price of 100 12/32 with a Yield of 3.41, Yield Change -0.11; 10 year bond gained 15/32 on the day for a closing price of 98 20/32 with a Yield of 4.04, Yield Change -0.06; the 30 year bond gained 20/32 on the day for a closing price of 96 9/32 with a Yield of 4.60, Yield Change -0.04.

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
[url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Warren Buffett

reports — Wed, 25 Jun 2008 15:06:09 GMT

Daily Market Commentary for June 25, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Per Warren Buffett today: the U.S. is in middle of Stagflation! So, what really is 'stagflation'? ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) gain of 6.27 points on the day to end the trading session at 11,813.70
NYSE (New York Stock Exchange) gain of 62.46 points to end the trading session at 8,865.80
NASDAQ gain of 32.98 points to end the trading session at 2,401.26
S&P 500 gain of 7.79 points to end the trading session at 1,322.08
FTSE All-World ex-U.S. gain of 2.21 points to end the trading session at 236.86
FTSE RAFI 1000 gain of 34.90 points to end the trading session at 5,173.16
BEL 20 (BEL20) gain of 43.11 points to end the trading session at 3,361.65
CAC 40 (CAC40) gain of 62.53 points to end the trading session at 4,536.29
FTSE100 (UKX100) gain of 31.4 points to end the trading session at 5,666.1
NIKKEI 225 (NIK/O) loss of 19.64 points to end the trading session at 13,829.92

Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 2,183; declined stocks 985; unchanged stocks 97; stocks hitting new highs 23; stocks hitting new lows 112. List of volatile stocks 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: Arch Coal Incorporated (NYSE: ACI) shed 2.80 points on the trading session, high on the trading session $73.48, low on the trading session $67.80 for a closing stock price at $70.01; Ultrashort Financial (NYSE: SKF) shed 1.15 points on the trading session, high on the trading session $137.75, low on the trading session $128.50 for a closing stock price at $136.50; Lindsay Corporation (NYSE: LNN) shed 8.29 points on the trading session, high on the trading session $99.00, low on the trading session $85.37 for a closing stock price at $91.05; Intrepid Potash Incorporated (NYSE: IPI) shed 0.58 points on the trading session, high on the trading session $68.97, low on the trading session $61.56 for a closing stock price at $67.63; Ashland Incorporated (NYSE: ASH) gained 4.46 points on the trading session, high on the trading session $53.23, low on the trading session $49.48 for a closing stock price at $52.67; Jabil Circuit Incorporated (NYSE: JBL) gained 2.24 points on the trading session, high on the trading session $17.05, low on the trading session $15.75 for a closing stock price at $16.57; ITT Educational Services Incorporated (NYSE: ESI) gained 0.51 points on the trading session, high on the trading session $86.00, low on the trading session $81.27 for a closing stock price at $85.65; Petroleo Brasileiro SA (NYSE: PBR) gained 2.69 points on the trading session, high on the trading session $69.37, low on the trading session $64.89 for a closing stock price at $68.83; Mosaic Company (NYSE: MOS) gained 2.58 points on the trading session, high on the trading session $147.86, low on the trading session $138.60 for a closing stock price at $145.56; CME Group Incorporated (NYSE: CME) shed 6.19 points on the trading session, high on the trading session $439.99, low on the trading session $425.20 for a closing stock price at $427.56; Monsanto Company (NYSE: MON) shed 4.27 points on the trading session, high on the trading session $134.88, low on the trading session $126.31 for a closing stock price at $131.52; Potash Corporation Saskatchewan (NYSE: POT) shed 5.77 points on the trading session, high on the trading session $227.30, low on the trading session $218.00 for a closing stock price at $221.58; Bunge Limited (NYSE: BG) shed 2.23 points on the trading session, high on the trading session $111.72, low on the trading session $106.12 for a closing stock price at $107.50; MasterCard Incorporated (NYSE: MA) gained 9.42 points on the trading session, high on the trading session $295.16, low on the trading session $287.50 for a closing stock price at $289.79; Pyramid Oil Company (NYSE: PDO) shed 6.66 points on the trading session, high on the trading session $38.50, low on the trading session $32.01 for a closing stock price at $34.94; Patriot Coal Corporation (NYSE: PCX) shed 1.38 points on the trading session, high on the trading session $141.77, low on the trading session $127.24 for a closing stock price at $139.20; Transocean Incorporated (NYSE: RIG) gained 0.57 points on the trading session, high on the trading session $153.26, low on the trading session $146.77 for a closing stock price at $150.98.

Market trends on the NASDAQ today: advanced stocks 1.845; declined stocks 1,061; unchanged stocks 138; stocks hitting new highs 23; stocks hitting new lows 193. List of volatile stocks 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: Sonic Corporation (NasdaqGS: SONC) shed 1.56 points on the trading session, high on the trading session $15.90, low on the trading session $14.40 for a closing stock price at $14.94; Apollo Group Incorporated (NasdaqGS: APOL) shed 3.06 points on the trading session, high on the trading session $51.19, low on the trading session $48.47 for a closing stock price at $49.76; Apogee Enterprises Incorporated (NasdaqGS: APOG) shed 3.85 points on the trading session, high on the trading session $19.45, low on the trading session $17.85 for a closing stock price at $18.31; Silicon Laboratories Incorporated (NasdaqGS: SLAB) gained 2.38 points on the trading session, high on the trading session $39.23, low on the trading session $37.00 for a closing stock price at $38.22; Baidu.com Incorporated (NasdaqGS: BIDU) gained 23.37 points on the trading session, high on the trading session $333.07, low on the trading session $311.02 for a closing stock price at $330.09; First Solar Incorporated (NasdaqGS: FSLR) gained 1.91 points on the trading session, high on the trading session $292.23, low on the trading session $281.44 for a closing stock price at $290.13.

Market trends on the American Stock Exchange (AMEX) today: advanced stocks 669; declined stocks 524; unchanged stocks 93; stocks hitting new highs 8; stocks hitting new lows 52.

U.S. May New Home Sales fell 2.5% to 512,000 as compared to consensus of 510,000 and U.S. April New Home Sales revised to 525,000 from 526,000.

U.S. May Durable Goods Orders unchanged %as compared to consensus of a drop by 0.5%; May Durable Goods Orders, Excluding-Transportation fell 0.9%; May Durable Goods Orders, Excluding-Defense fell 0.6%; April Durable Goods Orders revised to a drop by 1.0% from a drop by 0.6%.

Energy Information Administration comments today: Oil price may be on path to hit $186 Barrel in 2030; Non-OECD Energy use to rise 85% in 2030 versus 2005; Global Energy use to rise 50% by 2030 from 2005 level.

Federal Open Market Committee released their decision on interest rates today ending their two day meeting: Fed leaves Fed Funds Rate unchanged at 2.00%; inflation risks are up; Fed leaves Discount Rate unchanged at 2.25%; Fed expects inflation to moderate later this year; some indicators of inflation expectations elevated; uncertainty over inflation outlook is high; economic activity continues to expand; labor markets have softened further; financial markets under 'considerable' stress; downside risks to growth remain, but diminished; upside risks to inflation have increased; tight credit, housing contraction, energy to weigh on growth; Fed Members Voted 9-1 for Fed Funds Rate action; Richard W. Fisher President Federal Reserve Bank of Dallas dissented and preferred a rate increase.

Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts:

E-mini S&P 500 (ES) end of day price 1346.50, change 7.75

E-mini NASDAQ-100 (NQ) end of day price 1991.75, change 30.25

E-mini S&P SmallCap 600 (SMP) end of day price 389.70, change 2.70

$5 DJIA (YM) end of day price 12,091, change 63

World Currencies at time of this posting:

Euro 0.6420 to U.S. Dollars 1.5576

Japanese Yen 108.23 to U.S. Dollars 0.0092

British Pound 0.5080 to U.S. Dollars 1.9685

Canadian Dollar 1.0129 to U.S. Dollars 0.9873

Swiss Franc 1.0413 to U.S. Dollars 0.9603

Commodities Markets:

Energy Sector: Light Crude (NYM) N/A; Heating Oil (NYM) shed $0.07 on the day for a closing price of $3.77 a gallon ($US per gal.); Natural Gas (NYM) shed $0.26 on the day for a closing price of $12.87 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.07 on the day for a closing price of $3.39 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) shed $9.30 on the day for a closing price of $882.30 ($US per Troy oz.); Silver (CMX) shed $0.13 on the day for a closing price of $16.61 ($US per Troy oz.); Platinum (NYM) shed $22.50 on the day for a closing price of $2,009.00 ($US per Troy oz.) and Copper (CMX) shed $0.01 on the day for a closing price of $3.77 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 1.90 on the day for a closing price of 74.00; Pork Bellies (CME) shed 2.23 on the day for a closing price of 71.50; Live Cattle (CME) shed 0.28 on the day for a closing price of 104.40; Feeder Cattle (CME) shed 0.93 on the day for a closing price of 112.55.

Other Commodities (cents per bu.): Corn (CBT) gained 17.50 on the day for a closing price of 765.5000and Soybeans (CBT) gained 34.00 on the day for a closing price of 1,525.00.

Bond action for the day: 2 year bond had no change on the day for a closing price of 100 3/32 with a Yield of 2.82, Yield Change -0.03; 5 year bond gained 2/32 on the day for a closing price of 99 27/32 with a Yield of 3.52, Yield Change -0.02; 10 year bond shed 12/32 on the day for a closing price of 97 23/32 with a Yield of 4.10, Yield Change 0.00; the 30 year bond had no change on the day for a closing price of 95 17/32 with a Yield of 4.65, Yield Change 0.00.

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

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Energy Costs

reports — Tue, 24 Jun 2008 15:10:14 GMT

Daily Market Commentary for June 24, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Ongoing surge of energy costs put the whammy on United Parcel Service (NYSE: UPS) and Dow Chemical (NYSE: DOW) as they warned of increased shipping costs. Jet-fuel costs by UPS have increased by 30% for the quarter and the company must allow at least two months to recover the expenses through surcharges on customers. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) loss of 34.93 points on the day to end the trading session at 11,807.43
NYSE (New York Stock Exchange) loss of 38.55 points to end the trading session at 8,803.34
NASDAQ loss of 17.46 points to end the trading session at 2,368.28
S&P 500 loss of 3.72 points to end the trading session at 1,314.28
FTSE All-World ex-U.S. loss of 0.96 points to end the trading session at 234.64
FTSE RAFI 1000 loss of 4.63 points to end the trading session at 5,138.07
BEL 20 (BEL20) loss of 31.95 points to end the trading session at 3,318.54
CAC 40 (CAC40) gain of 37.61 points to end the trading session at 4,473.76
FTSE100 (UKX100) loss of 32.5 points to end the trading session at 5,634.7
NIKKEI 225 (NIK/O) loss of 7.91 points to end the trading session at 13,849.56

Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 988; declined stocks 2,198; unchanged stocks 85; stocks hitting new highs 43; stocks hitting new lows 366. List of volatile stocks 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) shed 4.32 points on the trading session, high on the trading session $106.29, low on the trading session $97.31 for a closing stock price at $100.25; PetroChina Company Limited (NYSE: PTR) shed 2.08 points on the trading session, high on the trading session $133.78, low on the trading session $129.10 for a closing stock price at $131.77; CF Industries Holdings Incorporated (NYSE: CF) shed 8.13 points on the trading session, high on the trading session $170.18, low on the trading session $159.14 for a closing stock price at $160.22; Kroger Corporation (NYSE: KR) gained 1.82 points on the trading session, high on the trading session $28.50, low on the trading session $27.05 for a closing stock price at $27.82; Petroleo Brasileiro SA (NYSE: PBR) shed 0.18 points on the trading session, high on the trading session $67.74, low on the trading session $65.85 for a closing stock price at $66.14; Transocean Incorporated (NYSE: RIG) shed 3.11 points on the trading session, high on the trading session $154.51, low on the trading session $151.19 for a closing stock price at $151.55; Valmont Industries Incorporated (NYSE: VMI) shed 1.97 points on the trading session, high on the trading session $110.16, low on the trading session $105.36 for a closing stock price at $106.47; Reliance Steel & Aluminum Corporation (NYSE: RS) gained 0.26 points on the trading session, high on the trading session $78.31, low on the trading session $73.32 for a closing stock price at $73.74; United Parcel Service Incorporated (NYSE: UPS) shed 4.00 points on the trading session, high on the trading session $64.72, low on the trading session $62.18 for a closing stock price at $62.26; CGG Veritas (NYSE: CGV) shed 0.02 points on the trading session, high on the trading session $45.68, low on the trading session $43.62 for a closing stock price at $45.49; Mexco Energy Corporation (NYSE: MXC) shed 3.73 points on the trading session, high on the trading session $55.86, low on the trading session $43.80 for a closing stock price at $44.77; Oil Service HOLDRs (NYSE: OIH) shed 5.53 points on the trading session, high on the trading session $223.26, low on the trading session $218.97 for a closing stock price at $219.68; Cleveland-Cliffs Incorporated (NYSE: CLF) gained 3.23 points on the trading session, high on the trading session $117.58, low on the trading session $108.25 for a closing stock price at $114.50; Patriot Coal Corporation (NYSE: PCX) shed 5.41 points on the trading session, high on the trading session $148.50, low on the trading session $138.24 for a closing stock price at $140.58; Pyramid Oil Company (NYSE: PDO) gained 3.16 points on the trading session, high on the trading session $46.00, low on the trading session $38.00 for a closing stock price at $41.60; CenturyTel Incorporated (NYSE: CTL) gained 5.53 points on the trading session, high on the trading session $37.25, low on the trading session $34.37 for a closing stock price at $36.78; Bunge Limited (NYSE: BG) shed 0.97 points on the trading session, high on the trading session $113.87, low on the trading session $108.54 for a closing stock price at $109.73; Mosaic Company (NYSE: MOS) shed 7.69 points on the trading session, high on the trading session $151.36, low on the trading session $142.02 for a closing stock price at $142.98; CME Group Incorporated (NYSE: CME) shed 3.20 points on the trading session, high on the trading session $439.54, low on the trading session $428.12 for a closing stock price at $433.75; Monsanto Company (NYSE: MON) shed 6.26 points on the trading session, high on the trading session $143.65, low on the trading session $134.31 for a closing stock price at $135.79; Potash Corporation Saskatchewan (NYSE: POT) shed 8.90 points on the trading session, high on the trading session $235.50, low on the trading session $225.81 for a closing stock price at $227.35; MasterCard Incorporated (NYSE: MA) shed 2.15 points on the trading session, high on the trading session $283.75, low on the trading session $275.20 for a closing stock price at $280.37.

Market trends on the NASDAQ today: advanced stocks 789; declined stocks 2,121; unchanged stocks 136; stocks hitting new highs 22; stocks hitting new lows 337. List of volatile stocks 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: COMSCORE Incorporated (NasdaqGS: SCOR) shed 6.37 points on the trading session, high on the trading session $25.33, low on the trading session $21.05 for a closing stock price at $21.32; Yahoo Incorporated (NasdaqGS: YHOO) gained 0.59 points on the trading session, high on the trading session $23.71, low on the trading session $20.60 for a closing stock price at $22.04; First Solar Incorporated (NasdaqGS: FSLR) shed 0.10 points on the trading session, high on the trading session $292.88, low on the trading session $283.00 for a closing stock price at $287.90; Penn National Gaming Incorporated (NasdaqGS: PENN) shed 2.17 points on the trading session, high on the trading session $34.38, low on the trading session $31.82 for a closing stock price at $32.45; Baidu.com Incorporated (NasdaqGS: BIDU) shed 12.16 points on the trading session, high on the trading session $318.55, low on the trading session $303.20 for a closing stock price at $306.70; Google Incorporated (NasdaqGS: GOOG) shed 1.10 points on the trading session, high on the trading session $551.19, low on the trading session $535.10 for a closing stock price at $544.10.

Market trends on the American Stock Exchange (AMEX) today: advanced stocks 410; declined stocks 800; unchanged stocks 84; stocks hitting new highs 20; stocks hitting new lows 78.

Redbook data released today: U.S. Retail Sales fell by 0.7% during first 3 weeks of June versus May.

Richmond Fed: June Services Revenues Index fell by 14 versus May drop by 6; June Retail Revenues Index fell by 33 versus May drop by 28; June Manufacturing Index fell by 12 versus May drop by 3; June Manufacturing Shipments Index fell by 11 versus May drop by 1.

U.S. Conference Board June Consumer Confidence came in at 50.4 versus May reading at 58.1; Conference Board June Expectations Index came in at 41.0 versus May reading at 47.3; Conference Board June Present Situation Index came in at 64.5 versus May reading at 74.2.

Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts:

E-mini S&P 500 (ES) end of day price 1316.25, change -2.00

E-mini NASDAQ-100 (NQ) end of day price1914.25, change -3.75

E-mini S&P SmallCap 600 (SMP) end of day price 380.00, change 0.00

$5 DJIA (YM) end of day price 11,826, change -5

World Currencies at time of this posting:

Euro 0.6405 to U.S. Dollars 1.5612

Japanese Yen 107.44 to U.S. Dollars 0.0093

British Pound 0.5072 to U.S. Dollars 1.9717

Canadian Dollar 1.0137 to U.S. Dollars 0.9865

Swiss Franc 1.0352 to U.S. Dollars 0.9660

Commodities Markets:

Energy Sector: Light Crude (NYM) gained $0.26 on the day for a closing price of $137.00 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.02 on the day for a closing price of $3.84 a gallon ($US per gal.); Natural Gas (NYM) shed $0.20 on the day for a closing price of $13.13 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.01 on the day for a closing price of $3.46 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) gained $4.40 on the day for a closing price of $891.60 ($US per Troy oz.); Silver (CMX) shed $0.16 on the day for a closing price of $16.63 ($US per Troy oz.); Platinum (NYM) shed $14.20 on the day for a closing price of $2,031.50 ($US per Troy oz.) and Copper (CMX) shed $0.02 on the day for a closing price of $3.79 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 1.45 on the day for a closing price of 75.90; Pork Bellies (CME) shed 0.75 on the day for a closing price of 72.35; Live Cattle (CME) shed 0.03 on the day for a closing price of 104.68; Feeder Cattle (CME) gained 0.43 on the day for a closing price of 113.48.

Other Commodities (cents per bu.): Corn (CBT) shed 11.75 on the day for a closing price of 747.50 and Soybeans (CBT) shed 11.50 on the day for a closing price of 1,491.00.

Bond action for the day: 2 year bond gained 6/32 on the day for a closing price of 99 18/32 with a Yield of 2.85, Yield Change -0.09; 5 year bond gained 12/32 on the day for a closing price of 99 25/32 with a Yield of 3.54, Yield Change -0.08; 10 year bond gained 14/32 on the day for a closing price of 98 3/32 with a Yield of 4.10, Yield Change -0.08; the 30 year bond gained 25/32 on the day for a closing price of 95 17/32 with a Yield of 4.65, Yield Change -0.05.

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
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Short Sell

reports — Mon, 23 Jun 2008 14:43:35 GMT

Daily Market Commentary for June 23, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Todays top stock pick for the trading session was Bunge Limited (NYSE: BG) which took a hard hit today on its merger announcement with Corn Products (NYSE: CPO). At the closing bell, Bunge was down over 11 points on the trading session. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) loss of 0.33 points on the day to end the trading session at 11,842.36
NYSE (New York Stock Exchange) gain of 12.64 points to end the trading session at 8,841.89
NASDAQ loss of 20.35 points to end the trading session at 2,385.74
S&P 500 gain of 0.07 points to end the trading session at 1,318.00
FTSE All-World ex-U.S. loss of 1.00 point to end the trading session at 235.69
FTSE RAFI 1000 loss of 36.72 points to end the trading session at 5,143.94
BEL 20 (BEL20) loss of 18.18 points to end the trading session at 3,350.49
CAC 40 (CAC40) gain of 2.1 points to end the trading session at 4,511.37
FTSE100 (UKX100) gain of 46.4 points to end the trading session at 5,667.2
NIKKEI 225 (NIK/O) loss of 84.63 points to end the trading session at 13,857.47

Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 1,078; declined stocks 2,134; unchanged stocks 78; stocks hitting new highs 66; stocks hitting new lows 306. List of volatile stocks 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: BCE Incorporated (NYSE: BCE) gained 1.94 points on the trading session, high on the trading session $37.55, low on the trading session $36.02 for a closing stock price at $36.04; Bunge Limited (NYSE: BG) shed 11.47 points on the trading session, high on the trading session $127.64, low on the trading session $106.27 for a closing stock price at $110.70; MasterCard Incorporated (NYSE: MA) shed 1.49 points on the trading session, high on the trading session $289.22, low on the trading session $280.00 for a closing stock price at $282.52; Helmerich & Payne Incorporated (NYSE: HP) gained 4.96 points on the trading session, high on the trading session $77.07, low on the trading session $71.94 for a closing stock price at $76.99; Corn Products International Incorporated (NYSE: CPO) gained 7.85 points on the trading session, high on the trading session $54.96, low on the trading session $49.32 for a closing stock price at $50.75; Mosaic Company (NYSE: MOS) shed 2.05 points on the trading session, high on the trading session $154.50, low on the trading session $146.11 for a closing stock price at $150.67; Monsanto Company (NYSE: MON) gained 2.10 points on the trading session, high on the trading session $142.05, low on the trading session $135.93 for a closing stock price at $142.05; CME Group Incorporated (NYSE: CME) gained 7.69 points on the trading session, high on the trading session $444.00, low on the trading session $428.50 for a closing stock price at $436.95; Potash Corporation Saskatchewan (NYSE: POT) gained 6.16 points on the trading session, high on the trading session $236.49, low on the trading session $225.24 for a closing stock price at $236.25.

Market trends on the NASDAQ today: advanced stocks 885; declined stocks 2,024; unchanged stocks 129; stocks hitting new highs 41; stocks hitting new lows 278. List of volatile stocks 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: Research In Motion Limited (NasdaqGS: RIMM) shed 1.61 points on the trading session, high on the trading session $147.50, low on the trading session $143.00 for a closing stock price at $142.95; First Solar Incorporated (NasdaqGS: FSLR) gained 19.28 points on the trading session, high on the trading session $288.00, low on the trading session $274.56 for a closing stock price at $287.50; Deckers Outdoor Corporation (NasdaqGS: DECK) gained 2.30 points on the trading session, high on the trading session $144.93, low on the trading session $139.90 for a closing stock price at $141.85; Children's Place Retail Stores (NasdaqGS: PLCE) shed 0.63 points on the trading session, high on the trading session $36.34, low on the trading session $33.19 for a closing stock price at $34.95; Energy Conversion Devices Incorporated (NasdaqGS: ENER) gained 4.43 points on the trading session, high on the trading session $83.33, low on the trading session $77.36 for a closing stock price at $81.07; Penn National Gaming Incorporated (NasdaqGS: PENN) shed 2.41 points on the trading session, high on the trading session $37.49, low on the trading session $33.76 for a closing stock price at $34.63; FCStone Group Incorporated (NasdaqGS: FCSX) shed 6.33 points on the trading session, high on the trading session $38.48, low on the trading session $30.25 for a closing stock price at $32.00; Google Incorporated (NasdaqGS: GOOG) shed 0.93 points on the trading session, high on the trading session $553.15, low on the trading session $542.02 for a closing stock price at $545.50; Sohu.com Incorporated (NasdaqGS: SOHU) gained 3.92 points on the trading session, high on the trading session $76.87, low on the trading session $72.27 for a closing stock price at $75.83; Baidu.com Incorporated (NasdaqGS: BIDU) shed 4.89 points on the trading session, high on the trading session $326.94, low on the trading session $315.66 for a closing stock price at $318.00.

Market trends on the American Stock Exchange (AMEX) today: advanced stocks 450; declined stocks 750; unchanged stocks 103; stocks hitting new highs 24; stocks hitting new lows 74.

Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts:

E-mini S&P 500 (ES) end of day price 1346.50, change 7.75

E-mini NASDAQ-100 (NQ) end of day price1991.75, change 30.25

E-mini S&P SmallCap 600 (SMP) end of day price 389.70, change 2.70

$5 DJIA (YM) end of day price 12091, change 63

World Currencies at time of this posting:

Euro 0.6444 to U.S. Dollars 1.5519

Japanese Yen 107.85 to U.S. Dollars 0.0093

British Pound 0.5089 to U.S. Dollars 1.9649

Canadian Dollar 1.015 to U.S. Dollars 0.9852

Swiss Franc 1.0459 to U.S. Dollars 0.9561

Commodities Markets:

Energy Sector: Light Crude (NYM) gained $1.04 on the day for a closing price of $136.40 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.03 on the day for a closing price of $3.83 a gallon ($US per gal.); Natural Gas (NYM) ended the day with a closing price of $13.32 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.04 on the day for a closing price of $3.48 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) shed $16.70 on the day for a closing price of $887.00 ($US per Troy oz.); Silver (CMX) shed $0.62 on the day for a closing price of $16.78 ($US per Troy oz.); Platinum (NYM) ended the day with a closing price of $2,039.20 ($US per Troy oz.) and Copper (CMX) shed $0.02 on the day for a closing price of $3.81 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 1.03 on the day for a closing price of 77.35; Pork Bellies (CME) gained 0.15 on the day for a closing price of 73.10; Live Cattle (CME) shed 0.15 on the day for a closing price of 104.70; Feeder Cattle (CME) shed 0.53 on the day for a closing price of 113.05.

Other Commodities (cents per bu.): Corn (CBT) gained 3.50 on the day for a closing price of 759.00 and Soybeans (CBT) shed 7.00 on the day for a closing price of 1,502.00.

Bond action for the day: 2 year bond shed 3/32 on the day for a closing price of 99 12/32 with a Yield of 2.94, Yield Change 0.05; 5 year bond shed 5/32 on the day for a closing price of 99 13/32 with a Yield of 3.62, Yield Change 0.03; 10 year bond ended the day with a closing price of 97 20/32 with a Yield of 4.17, Yield Change 0.00; the 30 year bond gained 10/32 on the day for a closing price of 94 25/32 with a Yield of 4.70, Yield Change -0.02.

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.

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Quadruple Witching

reports — Fri, 20 Jun 2008 15:57:30 GMT

Daily Market Commentary for June 20, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Quadruple witching racked the nerves of day traders today with the strong witch-whip giving no real strength and instead, whipping stocks every which way throughout the trading session. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) triple digit loss of 220.40 points on the day to end the trading session at 11,842.69
NYSE (New York Stock Exchange) triple digit loss of 159.59 points to end the trading session at 8,829.25
NASDAQ loss of 55.97 points to end the trading session at 2,406.09
S&P 500 loss of 24.90 points to end the trading session at 1,317.93
FTSE All-World ex-U.S. loss of 3.23 points to end the trading session at 236.77
FTSE RAFI 1000 triple digit loss of 108.99 points to end the trading session at 5,180.66
BEL 20 (BEL20) loss of 72.75 points to end the trading session at 3,368.67
CAC 40 (CAC40) loss of 82.12 points to end the trading session at 4,509.27
FTSE100 (UKX100) loss of 87.6 points to end the trading session at 5,620.8
NIKKEI 225 (NIK/O) triple digit loss of 188.1 points to end the trading session at 13,942.1

Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 593; declined stocks 2,597; unchanged stocks 63; stocks hitting new highs 36; stocks hitting new lows 263. List of volatile stocks 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: Transocean Incorporated (NYSE: RIG) gained 0.72 points on the trading session, high on the trading session $151.30, low on the trading session $147.82 for a closing stock price at $148.81; Rio Tinto plc (NYSE: RTP) shed 0.50 points on the trading session, high on the trading session $479.00, low on the trading session $467.01 for a closing stock price at $479.00; MF Global Limited (NYSE: MF) shed 1.70 points on the trading session, high on the trading session $8.17, low on the trading session $6.62 for a closing stock price at $6.85; Mosaic Company (NYSE: MOS) gained 1.47 points on the trading session, high on the trading session $155.60, low on the trading session $147.46 for a closing stock price at $152.72; Petroleo Brasileiro SA (NYSE: PBR) shed 1.38 points on the trading session, high on the trading session $67.32, low on the trading session $65.00 for a closing stock price at $65.27; CME Group Incorporated (NYSE: CME) shed 11.79 points on the trading session, high on the trading session $443.67, low on the trading session $428.31 for a closing stock price at $429.26; Potash Corporation Saskatchewan (NYSE: POT) shed 2.92 points on the trading session, high on the trading session $237.08, low on the trading session $230.09 for a closing stock price at $230.09; Monsanto Company (NYSE: MON) gained 0.59 points on the trading session, high on the trading session $142.09, low on the trading session $138.40 for a closing stock price at $139.95; IntercontinentalExchange Incorporated (NYSE: ICE) shed 2.97 points on the trading session, high on the trading session $133.99, low on the trading session $129.12 for a closing stock price at $129.68.

Market trends on the NASDAQ today: advanced stocks 833; declined stocks 2,074; unchanged stocks 108; stocks hitting new highs 25; stocks hitting new lows 221. List of volatile stocks 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: Sohu.com Incorporated (NasdaqGS: SOHU) shed 11.75 points on the trading session, high on the trading session $80.80, low on the trading session $71.40 for a closing stock price at $71.55; Baidu.com Incorporated (NasdaqGS: BIDU) shed 11.92 points on the trading session, high on the trading session $332.33, low on the trading session $320.01 for a closing stock price at $322.89; Google Incorporated (NasdaqGS: GOOG) shed 13.77 points on the trading session, high on the trading session $556.98, low on the trading session $544.51 for a closing stock price at $546.43; DryShips Incorporated (NasdaqGS: DRYS) shed 3.50 points on the trading session, high on the trading session $80.51, low on the trading session $78.15 for a closing stock price at $78.50.

Market trends on the American Stock Exchange (AMEX) today: advanced stocks 347; declined stocks 878; unchanged stocks 72; stocks hitting new highs 18; stocks hitting new lows 60.

Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts:

E-mini S&P 500 (ES) end of day price 1318.50, change -0.50

E-mini NASDAQ-100 (NQ) end of day price 1940.75, change -0.75

E-mini S&P SmallCap 600 (SMP) end of day price 384.30, change -0.30

$5 DJIA (YM) end of day price 11844, change 0

World Currencies at time of this posting:

Euro 0.6408 to U.S. Dollars 1.5606

Japanese Yen 107.32 to U.S. Dollars 0.0093

British Pound 0.5063 to U.S. Dollars 1.9752

Canadian Dollar 1.0162 to U.S. Dollars 0.9841

Swiss Franc 1.035 to U.S. Dollars 0.9662

International Monetary Fund First Deputy Managing Director John Lipsky: Dollar `Much Closer' to medium-term fundamentals; IMF supports Congress Housing Bill to expand FHA Program; Any more U.S. Stimulus should target financial, housing sectors; Fed should maintain policy, may have to quickly tighten; U.S. inflation to ease as Commodity prices peak, economy slows; U.S. outlook `Highly Uncertain' due to financial, housing markets; severity of U.S. economic slowdown `less than feared'; ups U.S. growth forecasts to around 1% in 2008, 0.8% in 2009.

Commodities Markets

Energy Sector: Light Crude (NYM) gained $2.69 on the day for a closing price of $134.62 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.06 on the day for a closing price of $3.80 a gallon ($US per gal.); Natural Gas (NYM) gained $0.12 on the day for a closing price of $13.11 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.09 on the day for a closing price of $3.44 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) shed $0.50 on the day for a closing price of $903.70 ($US per Troy oz.); Silver (CMX) shed $0.07 on the day for a closing price of $17.40 ($US per Troy oz.); Platinum (NYM) shed $6.60 on the day for a closing price of $2,062.40 ($US per Troy oz.) and Copper (CMX) gained $0.05 on the day for a closing price of $3.83 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 2.93 on the day for a closing price of 78.38; Pork Bellies (CME) gained 0.78 on the day for a closing price of 72.95; Live Cattle (CME) gained 1.40 on the day for a closing price of 104.85; Feeder Cattle (CME) gained 2.48 on the day for a closing price of 113.58.

Other Commodities (cents per bu.): Corn (CBT) shed 6.00 on the day for a closing price of 722.50 and Soybeans (CBT) shed 12.50 on the day for a closing price of 1,509.00.

Bond action for the day: 2 year bond gained 3/32 on the day for a closing price of 99 15/32 with a Yield of 2.89, Yield Change -0.05; 5 year bond gained 8/32 on the day for a closing price of 99 18/32 with a Yield of 3.59, Yield Change -0.06; 10 year bond gained 11/32 on the day for a closing price of 97 20/32 with a Yield of 4.17, Yield Change -0.04; the 30 year bond gained 19/32 on the day for a closing price of 94 15/32 with a Yield of 4.72, Yield Change -0.04.

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

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Major World Indices

reports — Thu, 19 Jun 2008 14:36:19 GMT

Daily Market Commentary for June 19, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

With a majority of the major U.S. indices ending on a positive note, other major world indices posted losses. With a little help from China who announced it was raising prices on gas and diesel fuels to boost production and reduce demand, Crude oil moved lower. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) gain of 31.69 points on the day to end the trading session at 12,063.58
NYSE (New York Stock Exchange) loss of 10.72 points to end the trading session at 8,988.84
NASDAQ gain of 31.69 points to end the trading session at 2,461.4
S&P 500 gain of 5.06 points to end the trading session at 1,342.87
FTSE All-World ex-U.S. loss of 1.33 points to end the trading session at 240.1
FTSE RAFI 1000 gain of 22.40 points to end the trading session at 5,289.94
BEL 20 (BEL20) loss of 79.31 points to end the trading session at 3,441.42
CAC 40 (CAC40) loss of 27.36 points to end the trading session at 4,591.39
FTSE100 (UKX100) loss of 48.5 points to end the trading session at 5,708.4
NIKKEI 225 (NIK/O) triple digit loss of 322.46 points to end the trading session at 14,130.2

Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 1,565; declined stocks 1,582; unchanged stocks 106; stocks hitting new highs 81; stocks hitting new lows 176. List of volatile stocks 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. Coventry Health Care Incorporated (NYSE: CVH) shed 8.70 points on the trading session, high on the trading session $32.23, low on the trading session $30.10 for a closing stock price at $31.30; Monsanto Company (NYSE: MON) shed 2.14 points on the trading session, high on the trading session $144.05, low on the trading session $139.28 for a closing stock price at $139.36; China Petroleum & Chemical Corporation (NYSE: SNP) gained 8.07 points on the trading session, high on the trading session $114.62 low on the trading session $103.76 for a closing stock price at $112.42; PetroChina Company Limited (NYSE: PTR) gained 5.96 points on the trading session, high on the trading session $146.25, low on the trading session $133.22 for a closing stock price at $140.49; Humana Incorporated (NYSE: HUM) shed 1.69 points on the trading session, high on the trading session $43.73, low on the trading session $40.91 for a closing stock price at $42.675; Petroleo Brasileiro SA (NYSE: PBR) shed 2.00 points on the trading session, high on the trading session $68.99, low on the trading session $65.74 for a closing stock price at $66.65; Burlington Northern Santa Fe Corporation (NYSE: BNI) gained 2.37 points on the trading session, high on the trading session $106.12, low on the trading session $102.50 for a closing stock price at $105.55; Huntsman Corporation (NYSE: HUN) shed 8.00 points on the trading session, high on the trading session $13.20, low on the trading session $12.15 for a closing stock price at $12.86; IntercontinentalExchange Incorporated (NYSE: ICE) gained 8.32 points on the trading session, high on the trading session $130.70, low on the trading session $125.08 for a closing stock price at $132.65; CONSOL Energy Incorporated (NYSE: CNX) shed 6.93 points on the trading session, high on the trading session $119.10, low on the trading session $110.00 for a closing stock price at $110.41; Patriot Coal Corporation (NYSE: PCX) shed 9.99 points on the trading session, high on the trading session $164.45, low on the trading session $148.20 for a closing stock price at $151.40; CME Group Incorporated (NYSE: CME) shed 0.60 points on the trading session, high on the trading session $447.10, low on the trading session $436.81 for a closing stock price at $441.05; Lindsay Corporation (NYSE: LNN) shed 4.85 points on the trading session, high on the trading session $103.75, low on the trading session $96.25 for a closing price at $98.85; Mosaic Company (NYSE: MOS) shed 9.75 points on the trading session, high on the trading session $162.77, low on the trading session $151.03 for a closing stock price at $151.25; MasterCard Incorporated (NYSE: MA) shed 0.49 points on the trading session, high on the trading session $297.80, low on the trading session $288.58 for a closing stock price at $292.60; Potash Corporation Saskatchewan (NYSE: POT) shed 4.73 points on the trading session, high on the trading session $241.62, low on the trading session $231.68 for a closing stock price at $233.01.

Market trends on the NASDAQ today: advanced stocks 1.657 declined stocks 1,214; unchanged stocks 145; stocks hitting new highs 41; stocks hitting new lows 213. List of volatile stocks 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. Olympic Steel Incorporated (NasdaqGS: ZEUS) gained 5.40 points on the trading session, high on the trading session $74.18, low on the trading session $69.22 for a closing stock price at $74.42; First Solar, Incorporated (NasdaqGS: FSLR) shed 1.02 points on the trading session, high on the trading session $278.80, low on the trading session $270.56 for a closing stock price at $274.72; USANA Health Sciences Incorporated (NasdaqGS: USNA) gained 2.48 points on the trading session, high on the trading session $28.97, low on the trading session $27.11 for a closing stock price at $28.47; James River Coal Company (NasdaqGS: JRCC) shed 3.04 points on the trading session, high on the trading session $62.83, low on the trading session $55.65 for a closing stock price at $56.26; DryShips Incorporated (NasdaqGS: DRYS) gained 1.86 points on the trading session, high on the trading session $83.89, low on the trading session $81.13 for a closing stock price at $82.34; Central European Distribution Corporation (NasdaqGS: CEDC) shed 1.02 points on the trading session, high on the trading session $72.19, low on the trading session $68.50 for a closing stock price at $71.84; Google Incorporated (NasdaqGS: GOOG) shed 0.58 points on the trading session, high on the trading session $563.78, low on the trading session $550.81 for a closing stock price at $561.97.

Market trends on the American Stock Exchange (AMEX) today: advanced stocks 536; declined stocks 639; unchanged stocks 105; stocks hitting new highs 32; stocks hitting new lows 37.

Chicago Board of Trade Futures Market activity for the day, June 2008 Contracts:

E-mini S&P 500 (ES) end of day price 1340.25, change 3.25;

E-mini NASDAQ-100 (NQ) end of day price 1981.50, change 29.25;

E-mini S&P SmallCap 600 (SMP) end of day price 389.50, change 3.20;

$5 DJIA (YM) end of day price 12052, change 24.

World Currencies at time of this posting:

Euro 0.6451 to U.S. Dollars 1.5502

Japanese Yen 107.97 to U.S. Dollars 0.0093

British Pound 0.5072 to U.S. Dollars 1.9718

Canadian Dollar 1.0151 to U.S. Dollars 0.9851

Swiss Franc 1.0457 to U.S. Dollars 0.9563

U.S. Conference Board: May Lagging Index rose 0.2% and U.S. Conference Board: May Leading Index rose 0.1%.

Philadelphia Fed June Price Paid came in at 69.3 versus May 53.8; Philadelphia Fed June Price Received came in at29.7 versus May 31.6; Philadelphia Fed June Employment fell 6.9 versus May drop by 1.0; Philadelphia Fed June New Orders fell 12.4 versus May drop by 3.7; Philadelphia Fed June Shipments fell 6.7 versus May 2.2; Philadelphia Fed June Delivery Times fell 8.0 versus May drop by 12.8; Philadelphia Fed June Inventories fell 12.6 versus May drop by 13.1; Philadelphia Fed June Business Index fell 17.1 versus May drop by 15.6; Philadelphia Fed June Business Index expected to have fallen 11.

U.S. Jobless Claims fell by 5K to 381K for week of June 14 compared to survey of drop by 9K; U.S. Continuing Claims for week of June 7 fell 76K to 3,060,000; U.S. Jun 7 Week Jobless Claims revised to 386K from 384K.

Commodities Markets

Energy Sector: Light Crude (NYM) shed $4.75 on the day for a closing price of $131.93 a barrel ($US per bbl.); Heating Oil (NYM) shed $0.14 on the day for a closing price of $3.74 a gallon ($US per gal.); Natural Gas (NYM) shed $0.33 on the day for a closing price of $12.99 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.11 on the day for a closing price of $3.35 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) gained $10.70 on the day for a closing price of $904.20 ($US per Troy oz.); Silver (CMX) gained $0.13 on the day for a closing price of $17.47 ($US per Troy oz.); Platinum (NYM) shed $36.10 on the day for a closing price of $2,055.80 ($US per Troy oz.) and Copper (CMX) gained $0.03 on the day for a closing price of $3.78 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 0.63 on the day for a closing price of 75.45; Pork Bellies (CME) shed 0.43 on the day for a closing price of 72.18; Live Cattle (CME) shed 0.45 on the day for a closing price of 103.45; Feeder Cattle (CME) gained 0.60 on the day for a closing price of 111.10.

Other Commodities (cents per bu.): Corn (CBT) shed 18.50 on the day for a closing price of 761.50 and Soybeans (CBT) shed 21.50 on the day for a closing price of 1,521.50.

Bond action for the day: 2 year bond shed 7/32 on the day for a closing price of 99 11/32 with a Yield of 2.96, Yield Change +0.11; 5 year bond shed 16/32 on the day for a closing price of 99 8/32 with a Yield of 3.66, Yield Change +0.11; 10 year bond shed 20/32 on the day for a closing price of 97 8/32 with a Yield of 4.21, Yield Change +0.08; the 30 year bond shed 27/32 on the day for a closing price of 94 19/32 with a Yield of 4.76, Yield Change 0.05.

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

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Offshore Drilling

reports — Wed, 18 Jun 2008 15:12:46 GMT

Daily Market Commentary for June 18, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

President George W. Bush proposed today that Congress should lift the ban on offshore drilling which has been in effect since 1981. With the drop in Crude Oil supplies, Americans feel strongly that if off shore drilling was permitted, the USA has a strong chance of removing or greatly reducing our dependence on foreign oil. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) triple digit loss of 129.70 points on the day to end the trading session at 12,030.60
NYSE (New York Stock Exchange) loss of 74.24 points to end the trading session at 8,999.56
NASDAQ loss of 28.02 points to end the trading session at 2,429.71
S&P 500 loss of 12.72 points to end the trading session at 1,338.21
FTSE All-World ex-U.S. loss of 1.89 points to end the trading session at 241.41
FTSE RAFI 1000 loss of 65.67 points to end the trading session at 5,265.60
BEL 20 (BEL20) loss of 61.07 points to end the trading session at 3,521.73
CAC 40 (CAC40) loss of 67.58 points to end the trading session at 4,618.75
FTSE100 (UKX100) triple digit loss of 105 points to end the trading session at 5,756.9
NIKKEI 225 (NIK/O) triple digit gain of 104.4 points to end the trading session at 14,452.80

Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 871; declined stocks 2,263; unchanged stocks 100; stocks hitting new highs 65; stocks hitting new lows 194. List of volatile stocks 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. CarMax Incorporated (NYSE: KMX) shed 2.00 points on the trading session, high on the trading session $16.54, low on the trading session $15.80 for a closing stock price at $16.34; Valmont Industries Incorporated (NYSE: VMI) shed 11.75 points on the trading session, high on the trading session $114.54, low on the trading session $102.68 for a closing stock price at $107.70; Snap-on Incorporated (NYSE: SNA) shed 3.00 points on the trading session, high on the trading session $56.98, low on the trading session $53.85 for a closing stock price at $54.28; MF Global Limited (NYSE: MF) shed 5.43 points on the trading session, high on the trading session $10.80, low on the trading session $7.45 for a closing stock price at $7.83; Rio Tinto plc (NYSE: RTP) gained 6.81 points on the trading session, high on the trading session $481.94, low on the trading session $467.34 for a closing stock price at $477.88; CME Group Incorporated (NYSE: CME) shed 0.17 points on the trading session, high on the trading session $448.50, low on the trading session $434.64 for a closing stock price at $441.65; Mosaic Company (NYSE: MOS) shed 0.08 points on the trading session, high on the trading session $163.25, low on the trading session $156.06 for a closing stock price at $161.00; CF Industries Holdings Incorporated (NYSE: CF) shed 0.42 points on the trading session, high on the trading session $172.99, low on the trading session $164.73 for a closing stock price at $169.20; Bunge Limited (NYSE: BG) shed 2.88 points on the trading session, high on the trading session $122.81, low on the trading session $118.00 for a closing stock price at $119.86; Lindsay Corporation (NYSE: LNN) shed 20.73 points on the trading session, high on the trading session $116.00, low on the trading session $90.74 for a closing price at $103.70; MasterCard Incorporated (NYSE: MA) gained 0.88 points on the trading session, high on the trading session $294.81, low on the trading session $285.44 for a closing stock price at $293.09; Potash Corporation Saskatchewan (NYSE: POT) shed 1.76 points on the trading session, high on the trading session $241.49, low on the trading session $233.32 for a closing stock price at $237.74.

Market trends on the NASDAQ today: advanced stocks 809 declined stocks 2,062; unchanged stocks 138; stocks hitting new highs 39; stocks hitting new lows 221. List of volatile stocks 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. Fifth Third Bancorp (NasdaqGS: FITB) shed 3.45 points on the trading session, high on the trading session $11.20, low on the trading session $9.23 for a closing stock price at $9.28; SunPower Corporation (NasdaqGS: SPWR) gained 2.33 points on the trading session, high on the trading session $84.83, low on the trading session $79.45 for a closing stock price at $84.30; First Solar, Incorporated (NasdaqGS: FSLR) shed 6.61 points on the trading session, high on the trading session $281.68, low on the trading session $272.02 for a closing stock price at $275.60; Google Incorporated (NasdaqGS: GOOG) shed 7.42 points on the trading session, high on the trading session $568.99, low on the trading session $559.16 for a closing stock price at $562.04.

Market trends on the American Stock Exchange (AMEX) today: advanced stocks 409; declined stocks 735; unchanged stocks 105; stocks hitting new highs 35; stocks hitting new lows 41.

Chicago Board of Trade Futures Market activity for the day, June 2008 Contracts:

E-mini S&P 500 (ES) end of day price 1338.75, change -12.25;

E-mini NASDAQ-100 (NQ) end of day price 1951.75, change -24.75;

E-mini S&P SmallCap 600 (SMP) end of day price 390.30, change 0.00;

$5 DJIA (YM) end of day price 12029, change -142.

World Currencies at time of this posting:

Euro 0.6439 to U.S. Dollars 1.5531

Japanese Yen 107.81 to U.S. Dollars 0.0093

British Pound 0.5104 to U.S. Dollars 1.9594

Canadian Dollar 1.0178 to U.S. Dollars 0.9825

Swiss Franc 1.0360 to U.S. Dollars 0.9653

Department Of Energy released Crude Oil Inventories today: U.S. Crude Oil Stockpiles fell 1.2 Million Barrels at 301.0 Million Barrels; U.S. Gasoline Stockpiles fell 1.2 Million Barrels at 208.9 Million Barrels; U.S. Distillate Stockpiles increased by 2.6 Million Barrels at 116.6 Million Barrels; U.S. Refineries ran at 89.3% capacity versus 88.6% capacity a week ago; U.S. Gasoline Stockpiles fell 1.2 Million Barrels in the week compared to expectations of an increase by 800,000 Million Barrels; U.S. Distillate Stockpiles increased by 2.6 Million Barrels n the week compared to expectations of an increase by 1.8 Million Barrels.

Commodities Markets
Energy Sector: Light Crude (NYM) gained $2.67 on the day for a closing price of $136.68 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.04 on the day for a closing price of $3.89 a gallon ($US per gal.); Natural Gas (NYM) gained $0.26 on the day for a closing price of $13.32 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.05 on the day for a closing price of $3.47 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) gained $6.60 on the day for a closing price of $893.50 ($US per Troy oz.); Silver (CMX) gained $0.27 on the day for a closing price of $17.34 ($US per Troy oz.); Platinum (NYM) gained $27.60 on the day for a closing price of $2,091.90 ($US per Troy oz.) and Copper (CMX) gained $0.41 on the day for a closing price of $3.75 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 0.08 on the day for a closing price of 76.08; Pork Bellies (CME) shed 0.13 on the day for a closing price of 72.60; Live Cattle (CME) gained 0.30 on the day for a closing price of 103.90; Feeder Cattle (CME) gained 0.18 on the day for a closing price of 110.50.

Other Commodities (cents per bu.): Corn (CBT) gained 4.00 on the day for a closing price of 780.00 and Soybeans (CBT) shed 10.00 on the day for a closing price of 1,543.00.

Bond action for the day: 2 year bond gained 4/32 on the day for a closing price of 99 151832 with a Yield of 2.85, Yield Change -0.06; 5 year bond gained 12/32 on the day for a closing price of 99 23/32 with a Yield of 3.56, Yield Change -0.08; 10 year bond gained 16/32 on the day for a closing price of 97 27/32 with a Yield of 4.14, Yield Change -0.06; the 30 year bond gained 27/32 on the day for a closing price of 94 19/32 with a Yield of 4.71, Yield Change -0.06.

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
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Agriculture News

reports — Tue, 17 Jun 2008 14:46:25 GMT

Daily Market Commentary for June 17, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

At the closing bell, Lindsay had shed almost 5 points and its financials are scheduled to be released tomorrow before the opening bell. Lindsay is tied to the agriculture industry and provides large irrigation systems throughout the industry, worldwide. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

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

DOW (Dow Jones Industrial Average) triple digit loss of 108.78 points on the day to end the session at 12,160.30
NYSE (New York Stock Exchange) loss of 13.47 points to end the session at 9,074.41
NASDAQ loss of 17.05 points for a close at 2,457.73
S&P 500 loss of 9.21 points for a close at 1,350.93
FTSE All-World ex-U.S. gain of 0.49 points to close at 243.32
FTSE RAFI 1000 loss of 53.20 points for a close at 5,329.65
BEL 20 gain of 15.2 points to close at 3,581.80
CAC 40 gain of 28.59 points to close at 4,686.33
FTSE100 gain of 67.3 points to close at 5,861.9
NIKKEI 225 gain of 6 points to close at 14,348.4

News on the New York Stock Exchange (NYSE) today: advanced stocks 1,283; declined stocks 1,860; unchanged stocks 102; stocks hitting new highs 94; stocks hitting new lows 90. Daily Trading Range and end of day trading results for volatile stocks on the NYSE traded by active Day Traders today: CME Group Incorporated (NYSE: CME) gained 22.41 points on the trading day, high on the trading day $450.96, low on the trading day $435.00 for a closing price at $441.82; Mosaic Company (NYSE: MOS) gained 7.64 points on the trading day, high on the trading day $161.25, low on the trading day $153.13 for a closing price at $161.08; CF Industries Holdings Incorporated (NYSE: CF) gained 8.99 points on the trading day, high on the trading day $170.23, low on the trading day $161.98 for a closing price at $169.62; Walter Industries (NYSE: WLT) gained 3.22 points on the trading day, high on the trading day $105.02, low on the trading day $99.66 for a closing price at $102.72; Bunge Limited (NYSE: BG) gained 0.93 points on the trading day, high on the trading day $124.00, low on the trading day $120.42 for a closing price at $122.74; SunTrust Banks Incorporated (NYSE: STI) shed 3.94 points on the trading day, high on the trading day $45.03, low on the trading day $40.56 for a closing price at $40.61; Potash Corporation Saskatchewan (NYSE: POT) gained 9.37 points on the trading day, high on the trading day $240.00, low on the trading day $231.88 for a closing price at $239.50; Goldman Sachs Group Incorporated (NYSE: GS) shed 2.65 points on the trading day, high on the trading day $185.89, low on the trading day $179.14 for a closing price at $179.44; MasterCard Incorporated (NYSE: MA) shed 2.26 points on the trading day, high on the trading day $299.84, low on the trading day $290.33 for a closing price at $292.21; Elan Corporation plc (NYSE: ELN) gained 2.89 points on the trading day, high on the trading day $30.03, low on the trading day $27.55 for a closing price at $30.00; Comstock Resources Incorporated (NYSE: CRK) gained 4.77 points on the trading day, high on the trading day $75.34, low on the trading day $70.86 for a closing price at $74.15; Monsanto Company (NYSE: MON) gained 6.77 points on the trading day, high on the trading day $143.75, low on the trading day $137.12 for a closing price at $142.69; Lindsay Corporation (NYSE: LNN) shed 4.72 points on the trading day, high on the trading day $130.49, low on the trading day $118.66 for a closing price at $124.43.

News on the NASDAQ today: advanced stocks 1,052 declined stocks 1,829; unchanged stocks 150; stocks hitting new highs 49; stocks hitting new lows 122. Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today: Canadian Solar Incorporated (NasdaqGS: CSIQ) gained 4.64 points on the trading day, high on the trading day $49.24, low on the trading day $45.87 for a closing price at $47.10; Infinera Corporation (NasdaqGS: INFN) shed 3.84 points on the trading day, high on the trading day $10.50, low on the trading day $9.52 for a closing price at $9.96; Joseph B Bank Clothiers Incorporated (NasdaqGS: JOSB) shed 0.28 points on the trading day, high on the trading day $30.72, low on the trading day $28.72 for a closing price at $30.09; Zions Bancorporation (NasdaqGS: ZION) shed 3.35 points on the trading day, high on the trading day $36.97, low on the trading day $32.42 for a closing price at $33.80; First Solar, Incorporated (NasdaqGS: FSLR) gained 3.77 points on the trading day, high on the trading day $288.38, low on the trading day $278.16 for a closing price at $281.17; DryShips Incorporated (NasdaqGS: DRYS) gained 6.13 points on the trading day, high on the trading day $83.75, low on the trading day $79.00 for a closing price at $82.08; Baidu.com Incorporated (NasdaqGS: BIDU) shed 3.41 points on the trading day, high on the trading day $344.38, low on the trading day $330.87 for a closing price at $332.50; Google Incorporated (NasdaqGS: GOOG) shed 3.48 points on the trading day, high on the trading day $578.07, low on the trading day $568.38 for a closing price at $569.33.

News on the American Stock Exchange (AMEX) today: advanced stocks 546; declined stocks 607; unchanged stocks 98; stocks hitting new highs 27; stocks hitting new lows 20.

Chicago Board of Trade Futures Market activity for the day, June 2008 Contracts:

E-mini S&P 500 (ES) end of day price 1349.50, change -8.25;

E-mini NASDAQ-100 (NQ) end of day price 1973.25, change -7.25;

E-mini S&P SmallCap 600 (SMP) end of day price 389.70, change -1.40;

$5 DJIA (YM) end of day price 12167, change -92.

U.S. May Industrial Production fell 0.2% compared to consensus of an increase by 0.2%; U.S. May Capacity Utilization fell 0.2-Pt at 79.4% compared to consensus of 79.7%; U.S. April Capacity Use Revised to 79.6% from 79.7%; U.S. April Industrial Production Unrevised at a drop by 0.7%.

U.S. First Quarter Current Account Goods/Services Deficit $174.9 Billion.

U.S. May Producer Prices rose 1.4% compared to consensus of an increase by 1.0%; U.S. May PPI Excluding-Food & Energy rose 0.2% compared to consensus of an increase by 0.2%; U.S. May PPI Intermediate Goods rose 2.9%; U.S. May PPI Intermediate Goods Core rose 2.0%; U.S. May PPI Crude Goods rose 6.7%; U.S. May PPI Crude Goods Core rose 5.0%; U.S. May PPI Energy Prices rose 4.9%; U.S. May Passenger Car Prices fell 1.0%; U.S. Apr PPI Unrevised at an increase by 0.2%.

U.S. Core Intermediate PPI rise biggest since 1980.

U.S. May Housing Starts fell 3.3% to .975M compared to consensus of a drop by 5.5%; Building Permits fell 1.3% to rate of .969M in May; April Housing Starts Revised to an increase by 2.0% from an increase by 8.2%.

Commodities Markets
Energy Sector: Light Crude (NYM) shed $0.60 on the day to close at $134.01 a barrel ($US per bbl.); Heating Oil (NYM) shed $0.01 on the day to close at $3.82 a gallon ($US per gal.); Natural Gas (NYM) gained $0.02 on the day to close at $12.95 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.02 on the day to close at $3.42 a gallon ($US per gal.).

Metals Markets: Gold (CMX) gained $0.60 to close at $886.90 ($US per Troy oz.); Silver (CMX) shed $0.16 to close at $17.08 ($US per Troy oz.); Platinum (NYM) gained $13.60 on the day to close at $2,064.30 ($US per Troy oz.) and Copper (CMX) shed $0.07 01 the day to close at $3.65 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 1.18 to close at 76.15; Pork Bellies (CME) gained 0.08 to close at 73.20; Live Cattle (CME) gained 0.15 to close at 103.60; Feeder Cattle (CME) gained 0.68 to close at 110.33.

Other Commodities (cents per bu.): Corn (CBT) gained 11.00 to close at 776.00 and Soybeans (CBT) gained 30.00 to close at 1,553.00.

Bond action for the day: 2 year bond gained 8/32 to close at 99 15/32 with a Yield of 2.90, Yield Change -0.13; 5 year bond gained 17/32 to close at 99 12/32 with a Yield of 3.63, Yield Change -0.12; 10 year bond gained 18/32 to close at 97 11/32 with a Yield of 4.20, Yield Change -0.07; the 30 year bond gained 7/32 to close at 93 20/32 on the day with a Yield of 4.77, Yield Change -0.02.

The e-mini Dow $5 ended the commodity session today at 12,178 with a loss of 84 points on the trading session. Futures Traders should review workshops available at the CBOT (Chicago Board of Trade). Educational in-person seminars schedules available on the CBOT (Chicago Board of Trade) website.

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
[url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Dow Jones Index

reports — Mon, 16 Jun 2008 14:56:13 GMT

Daily Market Commentary for June 16, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

The DOW couldn't grab a hold of anything to move into positive territory today and ended the session negative to the trading day. A listless trading session assisted stocks to end generally flat as we began a fresh new trading week. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

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

DOW (Dow Jones Industrial Average) loss of 38.27 points on the day to end the session at 12,269.08
NYSE (New York Stock Exchange) gain of 24.65 points to end the session at 9,087.88
NASDAQ gain of 20.28 points for a close at 2,474.78
S&P 500 gain of 0.11 points for a close at 1,360.14
FTSE All-World ex-U.S. gain of 1.54 points to close at 242.94
FTSE RAFI 1000 gain of 10.16 points for a close at 5,387.08
BEL 20 loss of 21.81 points to close at 3,566.60
CAC 40 loss of 24.56 points to close at 4,657.74
FTSE100 loss of 8.2 points to close at 5,794.6
NIKKEI 225 triple digit gain of 380.7 points to close at 14,354.4

News on the New York Stock Exchange (NYSE) today: advanced stocks 1,894; declined stocks 1,258; unchanged stocks 98; stocks hitting new highs 61; stocks hitting new lows 76. Daily Trading Range and end of day trading results for volatile stocks on the NYSE traded by active Day Traders today: Lehman Brothers Holdings Incorporated (NYSE: LEH) gained 1.39 points on the trading day, high on the trading day $28.21, low on the trading day $25.60 for a closing price at $27.20; Fresh Del Monte Produce Incorporated (NYSE: FDP) shed 5.42 points on the trading day, high on the trading day $31.83, low on the trading day $23.92 for a closing price at $26.46; Pilgrim's Pride Corporation (NYSE: PPC) shed 1.55 points on the trading day, high on the trading day $17.39, low on the trading day $15.67 for a closing price at $16.84; Energy East Corporation (NYSE: EAS) shed 4.00 points on the trading day, high on the trading day $26.83, low on the trading day $22.32 for a closing price at $22.75; Lorillard Incorporated (NYSE: LO) shed 2.01 points on the trading day, high on the trading day $73.15, low on the trading day $70.35 for a closing price at $70.75; Potash Corporation Saskatchewan (NYSE: POT) gained 4.00 points on the trading day, high on the trading day $232.74, low on the trading day $227.60 for a closing price at $230.13; MasterCard Incorporated (NYSE: MA) gained 2.01 points on the trading day, high on the trading day $299.00, low on the trading day $289.00 for a closing price at $294.47; Goldman Sachs Group Incorporated (NYSE: GS) gained 3.80 points on the trading day, high on the trading day $184.75, low on the trading day $176.61 for a closing price at $182.09.

News on the NASDAQ today: advanced stocks 1,682 declined stocks 1,200; unchanged stocks 141; stocks hitting new highs 50; stocks hitting new lows 100. Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today: ACADIA Pharmaceuticals Incorporated (NasdaqGS: ACAD) shed 3.66 points on the trading day, high on the trading day $5.03, low on the trading day $4.30 for a closing price at $4.183; Apollo Group Incorporated (NasdaqGS: APOL) shed 0.90 points on the trading day, high on the trading day $52.45, low on the trading day $50.47 for a closing price at $51.33; Perfect World Company Limited (NasdaqGS: PWRD) gained 0.52 points on the trading day, high on the trading day $26.18, low on the trading day $24.82 for a closing price at $25.67; First Solar, Incorporated (NasdaqGS: FSLR) gained 2.72 points on the trading day, high on the trading day $281.33, low on the trading day $274.50 for a closing price at $277.11; Apple Incorporated (NasdaqGS: AAPL) gained 4.43 points on the trading day, high on the trading day $177.90, low on the trading day $169.07 for a closing price at $176.80.

News on the American Stock Exchange (AMEX) today: advanced stocks 721; declined stocks 450; unchanged stocks 82; stocks hitting new highs 24; stocks hitting new lows 26.

Treasury International Capital (TIC) data for April 2008 released today: Net foreign purchases of long-term securities were $115.1 billion. Net foreign purchases of long-term U.S. securities were $104.8 billion. Of this, net purchases by private foreign investors were $63.5 billion, and net purchases by foreign official institutions were $41.3 billion. U.S. residents sold a net $10.3 billion of long-term foreign securities. Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been $102.8 billion. Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities decreased $17.2 billion. Foreign holdings of Treasury bills increased $3.3 billion. Banks' own net dollar-denominated liabilities to foreign residents declined $25.0 billion. Monthly net TIC flows were $60.6 billion. Of this, net foreign private flows were $31.5 billion, and net foreign official flows were $29.1 billion.

Commodities Markets
Energy Sector: Light Crude (NYM) shed $0.25 on the day to close at $134.61 a barrel ($US per bbl.); Heating Oil (NYM) shed $0.01 on the day to close at $3.83 a gallon ($US per gal.); Natural Gas (NYM) gained $0.31 on the day to close at $12.93 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.02 on the day to close at $3.44 a gallon ($US per gal.).

Metals Markets: Gold (CMX) gained $13.20 to close at $886.30 ($US per Troy oz.); Silver (CMX) gained $0.67 to close at $17.23 ($US per Troy oz.); Platinum (NYM) gained $13.70 on the day to close at $2,050.70 ($US per Troy oz.) and Copper (CMX) gained $0.07 on the day to close at $3.66 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 0.18 to close at 74.98; Pork Bellies (CME) shed 0.78 to close at 73.13; Live Cattle (CME) gained 1.18 to close at 103.45; Feeder Cattle (CME) gained 0.50 to close at 109.65.

Other Commodities (cents per bu.): Corn (CBT) closed with no change at 765.00 and Soybeans (CBT) shed 8.00 to close session at 1,523.00.

Bond action for the day: 2 year bond closed with no change at 99 7/32 with a Yield of 3.03, Yield Change 0.00; 5 year bond shed 3/32 to close at 98 28/32 with a Yield of 3.74, Yield Change +0.02; 10 year bond shed 2/32 to close at 96 28/32 with a Yield of 4.26, Yield Change +0.01; the 30 year bond shed 1/32 to close at 93 15/32 on the day with a Yield of 4.78, Yield Change 0.00.

The e-mini Dow $5 ended the commodity session today at 12,275 with a loss of 27 points on the trading session. Futures Traders should review workshops available at the CBOT (Chicago Board of Trade). Educational in-person seminars schedules available on the CBOT (Chicago Board of Trade) website.

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
[url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Foreclosure Information

reports — Fri, 13 Jun 2008 14:43:10 GMT

Daily Market Commentary for June 13, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Filing of foreclosures rose 7% during May compared to April and the numbers were higher from same time a year ago, per RealtyTrac. Foreclosure numbers remain a staggering reminder of the depths of the recession. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

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

DOW (Dow Jones Industrial Average) triple digit gain of 166.09 points on the day to end the session at 12,307.67
NYSE (New York Stock Exchange) triple digit gain of 115.50 points to end the session at 9,063.23
NASDAQ gain of 50.15 points for a close at 2,454.50
S&P 500 gain of 20.13 points for a close at 1,360.00
FTSE All-World ex-U.S. gain of 1.09 points to close at 241.12
FTSE RAFI 1000 gain of 64.99 points for a close at 5,361.07
BEL 20 gain of 2.72 points to close at 3,588.41
CAC 40 gain of 10 points to close at 4,682.30
FTSE100 gain of 12.3 points to close at 5,802.8
NIKKEI 225 gain of 85.1 points to close at 13,973.7

News on the New York Stock Exchange (NYSE) today: advanced stocks 2,278; declined stocks 871; unchanged stocks 95; stocks hitting new highs 32; stocks hitting new lows 114. Daily Trading Range and end of day trading results for volatile stocks on the NYSE traded by active Day Traders today: CF Industries Holdings Incorporated (NYSE: CF) gained 5.79 points on the trading day, high on the trading day $155.08, low on the trading day $148.33 for a closing price at $155.08; Walter Industries Incorporated (NYSE: WLT) gained 7.01 points on the trading day, high on the trading day $98.56, low on the trading day $91.46 for a closing price at $98.14; Bunge Limited (NYSE: BG) shed 1.92 points on the trading day, high on the trading day $120.49, low on the trading day $116.00 for a closing price at $117.85; Rio Tinto plc (NYSE: RTP) gained 17.60 points on the trading day, high on the trading day $463.50, low on the trading day $448.02 for a closing price at $462.05; Brasil Telecom Partipacoes SA (NYSE: BRP) shed 6.15 points on the trading day, high on the trading day $82.67, low on the trading day $77.19 for a closing price at $78.45; Monsanto Company (NYSE: MON) gained 2.33 points on the trading day, high on the trading day $137.90, low on the trading day $133.76 for a closing price at $137.26; United States Steel Corporation (NYSE: X) gained 8.03 points on the trading day, high on the trading day $175.35, low on the trading day $168.14 for a closing price at $174.61; Goldman Sachs Group Incorporated (NYSE: GS) gained 11.54 points on the trading day, high on the trading day $178.56, low on the trading day $169.40 for a closing price at $178.29; MasterCard Incorporated (NYSE: MA) gained 8.06 points on the trading day, high on the trading day $293.73, low on the trading day $286.20 for a closing price at $292.46; Mosaic Company (NYSE: MOS) gained 5.82 points on the trading day, high on the trading day $153.86, low on the trading day $146.00 for a closing price at $153.31; Cummins Incorporated (NYSE: CMI) gained 3.01 points on the trading day, high on the trading day $74.23, low on the trading day $70.26 for a closing price at $72.39; Petroleo Brasileiro SA (NYSE: PBR) gained 1.43 points on the trading day, high on the trading day $68.96, low on the trading day $66.94 for a closing price at $67.94; CME Group Incorporated (NYSE: CME) gained 18.30 points on the trading day, high on the trading day $414.95, low on the trading day $398.13 for a closing price at $414.90; Potash Corporation Saskatchewan (NYSE: POT) gained 3.55 points on the trading day, high on the trading day $227.33, low on the trading day $220.87 for a closing price at $226.13.

News on the NASDAQ today: advanced stocks 2,076 declined stocks 842; unchanged stocks 130; stocks hitting new highs 34; stocks hitting new lows 146. Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today: Steel Dynamics Incorporated (NasdaqGS: STLD) gained 2.72 points on the trading day, high on the trading day $39.94, low on the trading day $37.71 for a closing price at $39.47; Perfect World Company Limited (NasdaqGS: PWRD) gained 3.26 points on the trading day, high on the trading day $25.59, low on the trading day $23.81 for a closing price at $25.15; Apple Incorporated (NasdaqGS: AAPL) shed 2.64 points on the trading day, high on the trading day $174.16, low on the trading day $165.31 for a closing price at $170.61; Research In Motion Limited (NasdaqGS: RIMM) gained 3.46 points on the trading day, high on the trading day $133.19, low on the trading day $127.63 for a closing price at $133.05; First Solar, Incorporated (NasdaqGS: FSLR) gained 12.60 points on the trading day, high on the trading day $274.39, low on the trading day $264.14 for a closing price at $274.40; Google Incorporated (NasdaqGS: GOOG) gained 16.90 points on the trading day, high on the trading day $575.70, low on the trading day $561.33 for a closing price at $569.85.

News on the American Stock Exchange (AMEX) today: advanced stocks 701; declined stocks 447; unchanged stocks 87; stocks hitting new highs 17; stocks hitting new lows 31.

U.S. May Consumer Prices rose 0.6% as compared to consensus of an increase by 0.5%; U.S. May CPI Excluding-Food & Energy rose 0.2% as compared to consensus of an increase by 0.2%; U.S. May CPI Unrounded rose 0.649%; U.S. May CPI Core rose 0.202%; U.S. May CPI Energy Prices +rose 4.4%; U.S. May CPI Food Prices rose 0.3%; U.S. Real Average Weekly Earnings fell 0.4% in May.

University of Michigan Mid-June Expectations came in at 49.0 compared to reading in May of 51.1; University of Michigan 12-Month Inflation Forecast rose 5.1% compared to May with an increase by 5.2%; University of Michigan 5-Year Inflation Forecast rose 3.4% compared to May with an increase by 3.4%; University of Michigan Mid-June Current Index came in at 68.7 compared to May reading at 73.3; University of Michigan Mid-June Sentiment came in at 56.7 compared to May reading at 59.8.

Commodities Markets
Energy Sector: Light Crude (NYM) shed $1.88 on the day to close at $134.86 a barrel ($US per bbl.); Heating Oil (NYM) shed $0.11 on the day to close at $3.84 a gallon ($US per gal.); Natural Gas (NYM) shed $0.17 on the day to close at $12.63 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.06 on the day to close at $3.46 a gallon ($US per gal.).

Metals Markets: Gold (CMX) gained $1.10 to close at $873.10 ($US per Troy oz.); Silver (CMX) gained $0.08 to close at $16.56 ($US per Troy oz.); Platinum (NYM) gained $11.10 on the day to close at $2,037.00 ($US per Troy oz.) and Copper (CMX) gained $0.05 on the day to close at $3.59 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 1.05 to close at 75.15; Pork Bellies (CME) gained 0.58 to close at 73.90; Live Cattle (CME) gained 0.68 to close at 102.28; Feeder Cattle (CME) gained 0.10 to close at 109.15.

Other Commodities (cents per bu.): Corn (CBT) gained 25.50 to close the session at 765.00 and Soybeans (CBT) gained 18.50 to close session at 1,531.00.

Bond action for the day: 2 year bond closed with no change at 99 6/32 with a Yield of 3.04, Yield Change -0.01; 5 year bond shed 5/32 to close at 98 30/32 with a Yield of 3.73, Yield Change +0.04; 10 year bond gained 5/32 to close at 97 14/32 with a Yield of 4.26, Yield Change +0.05; the 30 year bond shed 13/32 to close at 93 13/32 on the day with a Yield of 4.79, Yield Change +0.03.

The e-mini Dow $5 ended the commodity session today at 12,163 with a gain of 105 points on the trading session. Futures Traders should review workshops available at the CBOT (Chicago Board of Trade). Educational in-person seminars schedules available on the CBOT (Chicago Board of Trade) website.

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

Stocks Trading Room:
Jeannie - $8,456
Barry - $7,486
Marty - $6,591
Sam - $3,361

Futures Trading Room:
JT - $2,980

Forex Trading Room:
JT - $4,950

Daily Swing Trades:
Barry - $8,440

Weekly Swing Trades:
Jeannie - $3,790

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

Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.

Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
[url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Stock Market Profits

reports — Thu, 12 Jun 2008 14:38:10 GMT

Daily Market Commentary for June 12, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

Trading action on the street today was painfully slow and sludgy. Snug trading ranges and weak trading volume hampered the ability for day traders or traders to deal with the listless trading action. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

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

DOW (Dow Jones Industrial Average) gain of 57.81 points on the day to end the session at 12,141.58
NYSE (New York Stock Exchange) gain of 6.46 points to end the session at 8,947.73
NASDAQ gain of 10.34 points for a close at 2,404.35
S&P 500 gain of 4.38 points for a close at 1,339.87
FTSE All-World ex-U.S. loss of 0.94 points to close at 239.82
FTSE RAFI 1000 gain of 30.20 points for a close at 5,297.23
BEL 20 gain of 38.8 points to close at 3,585.69
CAC 40 gain of 11.39 points to close at 4,672.30
FTSE100 gain of 67.2 points to close at 5,790.5
NIKKEI 225 triple digit loss of 249.9 points to close at 13,888.6

News on the New York Stock Exchange (NYSE) today: advanced stocks 1,587; declined stocks 1,568; unchanged stocks 96; stocks hitting new highs 26; stocks hitting new lows 155. Daily Trading Range and end of day trading results for volatile stocks on the NYSE traded by active Day Traders today: Mosaic Company (NYSE: MOS) shed 2.14 points on the trading day, high on the trading day $150.49, low on the trading day $145.52 for a closing price at $147.49; Cummins Incorporated (NYSE: CMI) gained 6.25 points on the trading day, high on the trading day $72.89, low on the trading day $67.28 for a closing price at $69.38; Petroleo Brasileiro SA (NYSE: PBR) gained 0.33 points on the trading day, high on the trading day $67.65, low on the trading day $65.84 for a closing price at $66.51; Transocean Incorporated (NYSE: RIG) shed 1.03 points on the trading day, high on the trading day $146.50, low on the trading day $143.00 for a closing price at $144.48; CME Group Incorporated (NYSE: CME) gained 10.60 points on the trading day, high on the trading day $407.27, low on the trading day $390.00 for a closing price at $396.60; KeyCorp (NYSE: KEY) shed 3.73 points on the trading day, high on the trading day $14.45, low on the trading day $11.64 for a closing price at $11.98; Lehman Brothers Holdings Incorporated (NYSE: LEH) shed 1.05 points on the trading day, high on the trading day $24.55, low on the trading day $21.17 for a closing price at $22.70; Companhia de Bebidas das Americas (NYSE: ABV) gained 5.60 points on the trading day, high on the trading day $73.28, low on the trading day $63.90 for a closing price at $70.00; Hess Corp (NYSE: HES) shed 2.13 points on the trading day, high on the trading day $125.27, low on the trading day $121.47 for a closing price at $123.65; Potash Corporation Saskatchewan (NYSE: POT) shed 0.52 points on the trading day, high on the trading day $224.20, low on the trading day $217.67 for a closing price at $222.58.

News on the NASDAQ today: advanced stocks 1,564 declined stocks 1,330; unchanged stocks 132; stocks hitting new highs 26; stocks hitting new lows 158. Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today: Invitrogen Corporation (NasdaqGS: IVGN) shed 4.62 points on the trading day, high on the trading day $41.61, low on the trading day $38.22 for a closing price at $38.73; Google Incorporated (NasdaqGS: GOOG) gained 7.75 points on the trading day, high on the trading day $558.00, low on the trading day $546.88 for a closing price at $552.95; Baidu.com (NasdaqGS: BIDU) shed 3.93 points on the trading day, high on the trading day $332.89, low on the trading day $310.50 for a closing price at $315.05; First Solar, Incorporated (NasdaqGS: FSLR) gained 8.61 points on the trading day, high on the trading day $272.49, low on the trading day $260.43 for a closing price at $261.80.

News on the American Stock Exchange (AMEX) today: advanced stocks 484; declined stocks 680; unchanged stocks 101; stocks hitting new highs 22; stocks hitting new lows 32.

U.S. Jobless Claims rose 25K to 384K for week of June 7 compared to survey of an increase by 9K; U.S. Continuing Claims for week of May 31 rose 58K to 3,139,000; U.S. Jobless Claims Revised for week of May 31 at 359K from 357K; Memorial Day Volatility may be factor in rise in jobless claims.

U.S. May Import Prices rose 2.3% compared to consensus of an increase by 2.6%; U.S. May Petroleum Import Prices rose 7.8%; U.S. May Retail & Food Sales rose 1.0% compared to consensus of an increase by 0.5%; U.S. May Retail & Food Sales Excluding-Autos rose 1.2%; April Retail & Food Sales revised to an increase by 0.4% from a decrease by 0.2%; U.S. Import Prices soar signaling rising inflation pressures.

Commodities Markets
Energy Sector: Light Crude (NYM) gained $0.36 on the day to close at $136.74 a barrel ($US per bbl.); Heating Oil (NYM) shed $0.03 on the day to close at $3.94 a gallon ($US per gal.); Natural Gas (NYM) gained $0.14 on the day to close at $12.80 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.06 on the day to close at $3.53 a gallon ($US per gal.).

Metals Markets: Gold (CMX) shed $10.90 to close at $872.00 ($US per Troy oz.); Silver (CMX) shed $0.37 to close at $16.49 ($US per Troy oz.); Platinum (NYM) shed $11.20 on the day to close at $2,025.90 ($US per Troy oz.) and Copper (CMX) shed $0.04 on the day to close at $3.54 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 0.51 to close at 74.10; Pork Bellies (CME) shed 0.23 to close at 73.33; Live Cattle (CME) gained 0.75 to close at 101.60; Feeder Cattle (CME) gained 0.23 to close at 109.05.

Other Commodities (cents per bu.): Corn (CBT) gained 6.75 to close the session at 739.50 and Soybeans (CBT) gained 3.50 to close session at 1,512.50.

Bond action for the day: 2 year bond shed 15/32 on the day to close at 99 5/32 with a Yield of 3.06, Yield Change +0.25; 5 year bond shed 1 2/32 to close at 99 2/32 with a Yield of 3.70, Yield Change +0.23; 10 year bond shed 22/32 to close at 97 9/32 with a Yield of 4.22, Yield Change +0.15; the 30 year bond shed 1 4/32 to close at 93 23/32 on the day with a Yield of 4.77, Yield Change +0.08.

The e-mini Dow $5 ended the commodity session today at 12,131 with a gain of 29 points on the trading session. Futures Traders should review workshops available at the CBOT (Chicago Board of Trade). Educational in-person seminars schedules available on the CBOT (Chicago Board of Trade) website.

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