Daily Market Commentary for April 25, 2008 from Millennium-Traders.Com
Fridays trading session are general quiet but today, the quietness was
almost frightening. It appeared as though many traders took the day off
to enjoy the sunshine in the North East, possibly to hit the golf course
or maybe just to enjoy the great out doors. (read more
http://www.millennium-traders.com/news/newscommentary.aspx)
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 42.91 points on the day to
end the session at 12,891.86
NYSE (New York Stock Exchange) gain of 94.09 points to end the session
at 9,344.31
NASDAQ loss of 5.99 points for a close at 2,422.93
S&P 500 gain of 9.02 points for a close at 1,397.84
FTSE All-World ex-U.S. gain of 1.76 points to close at 250.89
FTSE RAFI 1000 gain of 42.36 points to close at 5,643.62
BEL 20 gain of 24.76 points on the day to end the session at 3,891.98
CAC 40 gain of 48.66 points on the day to end the session at 4,978.21
FTSE100 gain of 40.7 points on the day to end the session at 6,091.40
NIKKEI 225 gain of 322.6 points on the day to end the session at
13,863.50
News on the New York Stock Exchange (NYSE) today: advanced stocks
1,894; declined stocks 1,249; unchanged stocks 99; stocks hitting new
highs 56; stocks hitting new lows 29.
Daily Trading Range and end of day trading results for volatile NYSE
stocks traded by active Day Traders today:
Cooper Tire & Rubber Corporation (CTB) shed 4.82 points on the trading
day, high on the trading day $15.39, low on the trading day $12.85, for
a closing price at $13.21;
MEMC Electronic Materials Incorporated (WFR) shed 4.85 points on the
trading day, high on the trading day $73.65, low on the trading day
$69.07, for a closing price at $70.50;
Chemed Corporation (CHE) shed 7.47 points on the trading day, high on
the trading day $34.29, low on the trading day $29.94, for a closing
price at $32.75;
America Movil S.A.B. de C.V. (AMX) shed 8.86 points on the trading day,
high on the trading day $58.75, low on the trading day $54.99, for a
closing price at $56.28;
Petroleo Brasileiro (PBR) gained 1.28 points on the trading day, high
on the trading day $125.19, low on the trading day $121.50, for a
closing price at $123.33;
Southwestern Energy Corporation (SWN) gained 6.87 points on the trading
day, high on the trading day $45.43, low on the trading day $40.28, for
a closing price at $44.46;
Mettler-Toledo International, Incorporated (MTD) gained 0.09 points on
the trading day, high on the trading day $105.75, low on the trading
day $96.01, for a closing price at $102.97;
Potash Corporation of Saskatchewan, Incorporated (NYSE: POT) gained
13.18 points on the trading day, high on the trading day $207.08, low
on the trading day $193.26, for a closing price at $207.08;
Bunge Limited (NYSE: BG) gained 2.72 points on the trading day, high on
the trading day $123.58, low on the trading day $117.23, for a closing
price at $123.28;
CF Industries Holdings, Incorporated (NYSE: CF) gained 6.52 points on
the trading day, high on the trading day $144.98, low on the trading
day $130.50, for a closing price at $144.13;
NewMarket Corporation (NYSE: NEU) shed 2.43 points on the trading day,
high on the trading day $71.40, low on the trading day $67.08, for a
closing price at $68.93.
News on the NASDAQ today: advanced stocks 1,587; declined stocks 1,290;
unchanged stocks 162; stocks hitting new highs 37; stocks hitting new
lows 62.
Trading range and end of day trading results for volatile NASDAQ stocks
traded by active Day Traders today:
United Therapeutics Corporation (UTHR) shed 1.48 points on the trading
day, high on the trading day $89.21, low on the trading day $85.26,
closing price $86.51;
Century Aluminum Corporation (CENX) shed 3.40 points on the trading
day, high on the trading day $67.35, low on the trading day $64.00,
closing price $65.93;
Deckers Outdoor Corporation (DECK) gained 25.31 points on the trading
day, high on the trading day $142.90, low on the trading day $132.19,
closing price $142.76;
Research In Motion Limited (RIMM) shed 3.62 points on the trading day,
high on the trading day $122.56, low on the trading day $117.12,
closing price $120.04;
Baidu.com, Incorporated (NasdaqGS: BIDU) gained 21.69 points on the
trading day, high on the trading day $367.06, low on the trading day
$352.48, closing price $363.69.
News on the American Stock Exchange (AMEX) today: advanced stocks 665;
declined stocks 486; unchanged stocks 117; stocks hitting new highs 21;
stocks hitting new lows 26.
University of Michigan End-April Sentiment came in at 62.6 compared to
March reading at 69.5; University of Michigan End-April Current Index
came in at 77.0 compared to March reading at 84.2; University of
Michigan End-April Expectations came in at 53.3 compared to March
reading at 60.1; University of Michigan Preliminary April Sentiment was
63.2; University of Michigan 12-Month Inflation Forecast increased by
4.8% compared to March increase by 4.3%.
Commodities Markets
Energy Sector:
Light Crude (NYM) gained $2.46 on the day to close at $118.52 a barrel
($US per bbl.); Heating Oil (NYM) gained $0.04 on the day to close at
$3.29 a gallon ($US per gal.); Natural Gas (NYM) gained $0.16 on the
day to close at $11.10 per million BTU ($US per mmbtu.); Unleaded Gas
(NYM) gained $0.04 on the day to close at $3.05 a gallon ($US per
gal.).
Metals Markets:
Gold (CMX) gained $0.30 to close at $889.70 ($US per Troy oz.); Silver
(CMX) gained $0.19 to close at $16.96 ($US per Troy oz.); Platinum
(NYM) shed $2.70 to close at $1,968.00 ($US per Troy oz.) and Copper
(CMX) gained $0.04 to close at $3.91 ($US per lb.).
Livestock and Meat Markets (cents per lb.):
Lean Hogs (CME) gained 1.35 to close at 76.35; Pork Bellies (CME) shed
0.40 to close at 76.80; Live Cattle (CME) gained 0.70 to close at
93.38; Feeder Cattle (CME) gained 0.10 to close at 110.65.
Other Commodities (cents per bu.):
Corn (CBT) gained 1.25 to close the session at 590.75 and Soybeans
(CBT) shed 24.00 to close the session at 1,337.00.
Bonds were higher across the board today:
2 year bond shed 2/32 to close at 99 13/32 with a Yield of 2.41, Yield
Change +0.03; 5 year bond shed 3/32 to close at 99 24/32 with a Yield
of 3.17, Yield Change +0.08; 10 year bond shed 12/32 to close at 97
with a Yield of 3.87, Yield Change +0.05; the 30 year bond shed 27/32
to close at 96 14/32 on the day with a Yield of 4.59, Yield Change
+0.05.
The e-mini Dow $5 ended the commodity session today at 12,875 with a
gain of 44 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 - $7,501
Barry - $12,408
Marty - $5,299
Sam - $1,767
Futures Trading Room:
JT - $9,475
Forex Trading Room:
JT - $5,650
Daily Swing Trades:
Barry - $34,550
Weekly Swing Trades:
Jeannie - $320
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