Daily Market Commentary for April 29, 2008 from Millennium-Traders.Com
Mastercard Incorporated (NYSE: MA). Earnings reported today shows
profits more than doubled during Q1-2008 outside the USA. A year ago,
earnings came in at $214.9 million and this year, topped $446 million
from January through March. (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) loss of 39.65 points on the day to
end the session at 12,832.10
NYSE (New York Stock Exchange) loss of 563.70 points to end the session
at 9,285.91
NASDAQ gain of 1.70 points for a close at 2,426.10
S&P 500 loss of 5.43 points for a close at 1,390.94
FTSE All-World ex-U.S. loss of 1.83 points to close at 250.22
FTSE RAFI 1000 loss of 13.91 points to close at 5,632.59
BEL 20 loss of 33.03 points on the day to end the session at 3,908.30
CAC 40 loss of 35.65 points on the day to end the session at 4,977.10
FTSE100 loss of 1 point on the day to end the session at 6,089.40
NIKKEI 225 loss of 0.03 points on the day to end the session at
13,894.37
News on the New York Stock Exchange (NYSE) today: advanced stocks
1,282; declined stocks 1,863; unchanged stocks 106; stocks hitting new
highs N/A; stocks hitting new lows N/A.
Daily Trading Range and end of day trading results for volatile NYSE
stocks traded by active Day Traders today:
Gildan Activewear Incorporated (NYSE: GIL) shed 10.99 points on the
trading day, high on the trading day $26.84, low on the trading day
$23.75, for a closing price at $24.93;
NEWMARKET Corporation (NYSE: NEU) shed 5.24 points on the trading day,
high on the trading day $69.12 low on the trading day $63.05, for a
closing price at $63.93;
Hartford Financial Services Group Incorporated (NYSE: HIG) gained 0.56
points on the trading day, high on the trading day $74.13, low on the
trading day $70.78 , for a closing price at $72.37;
Petroleo Brasileiro (NYSE: PBR) shed 5.97 points on the trading day,
high on the trading day $121.35, low on the trading day $116.36, for a
closing price at $116.79;
Flowserve Corporation (NYSE: FLS) gained 9.61 points on the trading
day, high on the trading day $126.43, low on the trading day $121.84,
for a closing price at $124.15;
Mastercard Incorporated (NYSE: MA) gained 31.48 points on the trading
day, high on the trading day $278.72, low on the trading day $258.00,
for a closing price at $273.98;
RTI International Metals Incorporated (NYSE: RTI) shed 5.80 points on
the trading day, high on the trading day $46.53, low on the trading day
$40.81 , for a closing price at $42.08;
Visa Incorporated (NYSE: V) gained 5.25 points on the trading day, high
on the trading day $80.88, low on the trading day $71.00, for a closing
price at $80.88;
Covance Incorporated (NYSE: CVD) shed 1.42 points on the trading day,
high on the trading day $85.23, low on the trading day $78.60, for a
closing price at $84.94;
Genentech Incorporated (NYSE: DNA) shed 5.23 points on the trading day,
high on the trading day $70.37, low on the trading day $67.73, for a
closing price at $67.93;
Energizer Holdings Incorporated (NYSE: ENR) shed 10.60 points on the
trading day, high on the trading day $78.28, low on the trading day
$71.25, for a closing price at $76.83;
Fresh Del Monte Produce Incorporated (NYSE: FDP) shed 5.23 points on
the trading day, high on the trading day $39.52, low on the trading day
$31.58, for a closing price at $33.61;
AGCO Corporation (NYSE: AG) shed 7.82 points on the trading day, high
on the trading day $70.60, low on the trading day $60.51, for a closing
price at $60.96;
EnCana Corporation (NYSE: ECA) shed 3.35 points on the trading day,
high on the trading day $81.97, low on the trading day $78.77, for a
closing price at $79.08;
Lindsay Corporation (NYSE: LNN) shed 8.16 points on the trading day,
high on the trading day $113.49, low on the trading day $103.22, for a
closing price at $103.38;
Mosaic Corporation (NYSE: MOS) shed 5.62 points on the trading day,
high on the trading day $121.55, low on the trading day $116.58 , for a
closing price at $118.06;
CF Industries Holdings, Incorporated (NYSE: CF) shed 8.58 points on the
trading day, high on the trading day $136.80, low on the trading day
$130.52, for a closing price at $131.17;
Potash Corporation of Saskatchewan, Incorporated (NYSE: POT) shed 12.01
points on the trading day, high on the trading day $190.00, low on the
trading day $179.82, for a closing price at $181.49;
Monsanto Corporation (NYSE: MON) shed 11.06 points on the trading day,
high on the trading day $121.33, low on the trading day $110.41, for a
closing price at $110.93.
News on the NASDAQ today: advanced stocks 1,201; declined stocks 1,678;
unchanged stocks 170; stocks hitting new highs 29; stocks hitting new
lows 68.
Trading range and end of day trading results for volatile NASDAQ stocks
traded by active Day Traders today:
First Solar, Incorporated (NasdaqGS: FSLR) shed 0.60 points on the
trading day, high on the trading day $285.99, low on the trading day
$277.50, for a closing price at $284.92;
Apple Incorporated (NasdaqGS: AAPL) gained 2.81 points on the trading
day, high on the trading day $175.66, low on the trading day $170.25,
closing price $175.05;
Baidu.com, Incorporated (NasdaqGS: BIDU) gained 13.45 points on the
trading day, high on the trading day $374.87, low on the trading day
$357.02, closing price $373.81;
Google Incorporated (NasdaqGS: GOOG) gained 6.35 points on the trading
day, high on the trading day $563.40, low on the trading day $550.01,
closing price $558.47.
News on the American Stock Exchange (AMEX) today: advanced stocks 399;
declined stocks 753; unchanged stocks 98; stocks hitting new highs N/A;
stocks hitting new lows N/A.
Redbook: U.S. Retail Sales fell 1.5% during first 3 weeks of April
versus March.
U.S. Conference Board April Consumer Confidence came in at 62.3 versus
March reading at 65.9; Conference Board April Present Situation Index
came in at 80.7 versus March reading at 90.6; Conference Board April
Expectations Index came in at 50.1 versus March reading at 49.4.
Commodities Markets
Energy Sector:
Light Crude (NYM) shed $3.12 on the day to close at $115.63 a barrel
($US per bbl.); Heating Oil (NYM) shed $0.05 on the day to close at
$3.23 a gallon ($US per gal.); Natural Gas (NYM) shed $0.49 on the day
to close at $10.84 per million BTU ($US per mmbtu.); Unleaded Gas (NYM)
shed $0.09 on the day to close at $2.94 a gallon ($US per gal.).
Metals Markets:
Gold (CMX) shed $18.70 to close at $876.80 ($US per Troy oz.); Silver
(CMX) shed $0.48 to close at $16.64 ($US per Troy oz.); Platinum (NYM)
shed $38.50 to close at $1,940.10 ($US per Troy oz.) and Copper (CMX)
shed $0.05 to close at $3.88 ($US per lb.).
Livestock and Meat Markets (cents per lb.):
Lean Hogs (CME) shed 2.90 to close at 72.55; Pork Bellies (CME) gained
0.8 to close at 75.10; Live Cattle (CME) shed 0.98 to close at 92.78;
Feeder Cattle (CME) shed 0.95 to close at 108.23.
Other Commodities (cents per bu.):
Corn (CBT) shed 9.00 to close the session at 604.50 and Soybeans (CBT)
shed 4.00 to close the session at 1,293.50.
Bonds were higher across the board today:
2 year bond had no change to close at 99 18/32 with a Yield of 2.34,
Yield Change 0.00; 5 year bond gained 4/32 to close at 100 4/32 with a
Yield of 3.80, Yield Change -0.03; 10 year bond gained 6/32 to close at
97 16/32 with a Yield of 3.80, Yield Change -0.02; the 30 year bond
gained 13/32 to close at 97 12/32 on the day with a Yield of 4.53,
Yield Change -0.03.
The e-mini Dow $5 ended the commodity session today at 12,826 with a
loss of 53 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
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