Daily Market Commentary for April 14, 2008 from Millennium-Traders.Com
Potentially good news today that North Dakota potentially has found
enough Crude Oil which, if drilled, has the potential of eliminating
our need for foreign oil. Sounds to me like this could turn out to be
very good news for Americans… (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 23.36 points on the day to
end the session at 12,302.06
NYSE (New York Stock Exchange) loss of 13.27 points to end the session
at 8,922.84
NASDAQ loss of 14.42 points for a close at 2,275.82
S&P 500 loss of 4.51 points for a close at 1,328.32
FTSE All-World ex-U.S. loss of 2.14 points to close at 240.74
FTSE RAFI 1000 loss of 36.45 points to close at 5,341.14
BEL 20 loss of 15.42 points on the day to end the session at 3,786.60
CAC 40 loss of 31.44 points on the day to end the session at 4,766.49
FTSE100 loss of 63.9 points on the day to end the session at 5,831.60
NIKKEI 225 triple digit loss of 406.2 points on the day to end the
session at 12,917.50
News on the New York Stock Exchange (NYSE) today: advanced stocks
1,277; declined stocks 1,864; unchanged stocks 98; stocks hitting new
highs 44; stocks hitting new lows 86. Daily Trading Range and end of
day trading results for volatile NYSE stocks traded by active Day
Traders today: Repsol YPF SA (REP) gained 6.42 points on the trading
day, high on the trading day $44.85, low on the trading day $37.08, for
a closing price at $43.44; Hess Cor****ation (HES) gained 8.43 points on
the trading day, high on the trading day $103.55, low on the trading
day $92.15, for a closing price at $101.19; Petroleo Brasileiro (PBR)
gained 9.33 points on the trading day, high on the trading day $125.29,
low on the trading day $110.92, for a closing price at $122.18; Wachovia
Cor****ation (WB) shed 2.26 points on the trading day, high on the
trading day $25.88, low on the trading day $24.65, for a closing price
at $25.55; Potash Cor****ation of Saskatchewan, Incor****ated (NYSE: POT)
gained 3.43 points on the trading day, high on the trading day $184.42,
low on the trading day $180.33, for a closing price at $181.90; CME
Group, Incor****ated (CME) shed 11.90 points on the trading day, high on
the trading day $495.08, low on the trading day $476.97, for a closing
price at $477.00; Monsanto Co (MON) gained 2.38 points on the trading
day, high on the trading day $125.01, low on the trading day $120.89,
for a closing price at $123.50; Mastercard Incor****ated (MA) shed 1.50
points on the trading day, high on the trading day $230.00, low on the
trading day $222.05, for a closing price at $227.10; Allegheny
Technologies Incor****ated (ATI) shed 3.15 points on the trading day,
high on the trading day $78.08, low on the trading day $75.04, for a
closing price at $75.30; SunTrust Banks Incor****ated (STI) shed 3.58
points on the trading day, high on the trading day $53.67, low on the
trading day $50.14, for a closing price at $50.36; Transocean,
Incor****ated (RIG) gained 6.81 points on the trading day, high on the
trading day $152.50, low on the trading day $146.05, for a closing
price at $151.89; Mechel Open Joint Stock Company (NYSE: MTL) shed 2.49
points on the trading day, high on the trading day $147.76, low on the
trading day $140.71, for a closing price at $144.02.
News on the NASDAQ today: advanced stocks 1.102; declined stocks 1,827;
unchanged stocks 135; stocks hitting new highs 14; stocks hitting new
lows 166. Trading range and end of day trading results for volatile
NASDAQ stocks traded by active Day Traders today: NutriSystem
Incor****ated (NasdaqGS: NTRI) gained 1.31 points on the trading day,
high on the trading day $19.85, low on the trading day $19.02, closing
price $19.52; Apple Incor****ated (NasdaqGS: AAPL) gained 0.64 points on
the trading day, high on the trading day $149.25, low on the trading day
$144.54, closing price $147.78; First Solar, Incor****ated (NasdaqGS:
FSLR) gained 5.80 points on the trading day, high on the trading day
$277.50, low on the trading day $268.11, closing price $274.10;
Intuitive Surgical, Incor****ated (NasdaqGS: ISRG) shed 8.74 points on
the trading day, high on the trading day $332.99, low on the trading
day $315.78, closing price $324.84.
News on the American Stock Exchange (AMEX) today: advanced stocks 467;
declined stocks 717; unchanged stocks 99; stocks hitting new highs 15;
stocks hitting new lows 31.
U.S. March Retail & Food Sales rose 0.2% compared to consensus of a
drop by 0.1%; U.S. March Retail & Food Sales Excluding-Autos rose 0.1%;
February Retail & Food Sales revised to a drop by 0.4% from a drop by
0.6%.
Commodities Markets
Energy Sector:
Light Crude (NYM) gained $1.62 on the day to close at $111.76 a barrel
($US per bbl.); Heating Oil (NYM) gained $0.01 on the day to close at
$3.16 a gallon ($US per gal.); Natural Gas (NYM) gained $0.15 on the
day to close at $10.05 per million BTU ($US per mmbtu.); Unleaded Gas
(NYM) gained $0.01 on the day to close at $2.82 a gallon ($US per
gal.).
Metals Markets:
Gold (CMX) gained $1.70 to close at $928.70 ($US per Troy oz.); Silver
(CMX) gained $0.10 to close at $17.79 ($US per Troy oz.); Platinum
(NYM) shed $46.60 to close at $1,981.50 ($US per Troy oz.) and Copper
(CMX) shed $0.05 to close at $3.90 ($US per lb.).
Livestock and Meat Markets (cents per lb.):
Lean Hogs (CME) gained 0.73 to close at 71.93; ****k Bellies (CME)
gained 3.00 to close at 77.38; Live Cattle (CME) gained 0.33 to close
at 90.10; Feeder Cattle (CME) gained 0.03 to close at 103.08.
Other Commodities (cents per bu.):
Corn (CBT) gained 7.25 to close the session at 604.75 and Soybeans
(CBT) gained 40.00 to close the session at 1,389.25.
Bonds were higher across the board today:
2 year bond shed 1/32 at 99 31/32 with a Yield of 1.75, Yield Change
+0.01; 5 year bond shed 3/32 to close at 99 18/32 with a Yield of 2.59,
Yield Change +0.03; 10 year bond shed 11/32 to close at 99 28/32 with a
Yield of 3.51, Yield Change +0.04; the 30 year bond shed 23/32 to close
at 100 12/32 on the day with a Yield of 4.35, Yield Change +0.05.
The e-mini Dow $5 ended the commodity session today at 12,306 with a
loss of 33 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.
The end of day results for the CBOT (Chicago Board of Trade) which is
comprised of the total Exchange Volume for Futures and Options (EVFO)
including Electronic, Open Auction, Cash Exchange, Wholesale and
Cleared Only ended the day at 2,883,051; Open Interest for Futures
gained 15,799 points to close at 9,372,209; the Open Interest for
Options gained 63,068 points to close at 9,070,502 and the Cleared Only
gained 28 points to close at 29,581 for a total Open Interest on the day
of 18,472,292 for a total Change on the day with a gain of 78,839
points.
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