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Collateral Damage

Discussion in 'Forex Daily News & Outlook' started by MTnews, Sep 8, 2008.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for September 8, 2008 from Millennium-Traders.Com

    When you're up against the U.S. Treasury and you're just a measly little investor, no matter how much you have invested, you might as well give it up early because the deck is defiantly stacked against you. (read more)

    At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price:
    DOW (Dow Jones Industrial Average) triple digit gain of 289.78 points on the day to end the trading session at 11,510.74
    NYSE (New York Stock Exchange) triple digit gain of 134.86 points to end the trading session at 8,168.62
    NASDAQ gain of 13.88 points to end the trading session at 2,269.76
    S&P 500 gain of 25.48 points to end the trading session at 1,267.79
    FTSE All-World excluding - U.S. gain of 4.62 points to end the trading session at 212.28
    FTSE RAFI 1000 triple digit gain of 109.27 points to end the trading session at 5,073.81
    BEL 20 (BEL20) triple digit gain of 132.09 points to end the trading session at 3,134.48
    CAC 40 (CAC40) triple digit gain of 143.52 points to end the trading session at 4,340.18
    FTSE100 (UKX100) triple digit gain of 205.6 points to end the trading session at 5,446.30
    NIKKEI 225 (NIK/O) triple digit gain of 412.23 points to end the trading session at 12,624.46

    New York Stock Exchange (NYSE) stock market indicators for the day:
    Advanced stock prices 2,034; declined stock prices 1,138; unchanged stock prices 73; stock prices hitting new highs 58 and stock prices hitting new lows 118.
    NYSE quotes for volatile stocks and market trends, 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: Goldman Sachs Group Incorporated (NYSE: GS) stock price gained 6.06 points on the trading session, high on the trading session $172.45, low on the trading session $162.51 with a closing stock price at $169.30; Potash Corporation of Saskatchewan Incorporated (NYSE: POT) stock price shed 8.72 points on the trading session, high on the trading session $167.15, low on the trading session $150.32 with a closing stock price at $153.33; Ashford Hospitality Trust Incorporated (NYSE: AHT) stock price gained 0.14 points on the trading session, high on the trading session $4.93, low on the trading session $4.51 with a closing stock price at $4.65; Flowserve Corporation (NYSE: FLS) stock price shed 8.79 points on the trading session, high on the trading session $118.26, low on the trading session $100.08 with a closing stock price at $104.86; Monsanto Corporation (NYSE: MON) stock price shed 1.57 points on the trading session, high on the trading session $110.98, low on the trading session $101.11 with a closing stock price at $105.62; Ultrashort Financial Corporation (NYSE: SKF) stock price shed 9.64 points on the trading session, high on the trading session $110.85, low on the trading session $96.40 with a closing stock price at $103.06; Mosaic Corporation (NYSE: MOS) stock price shed 7.13 points on the trading session, high on the trading session $98.96, low on the trading session $85.85 with a closing stock price at $87.39; Consol Energy Incorporated (NYSE: CNX) stock price shed 5.89 points on the trading session, high on the trading session $60.86, low on the trading session $52.80 with a closing stock price at $53.24; MasterCard Incorporated (NYSE: MA) stock price shed 2.04 points on the trading session, high on the trading session $231.00, low on the trading session $211.40 with a closing stock price at $219.41.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
    Advanced stock prices 1,699; declined stock prices 1,173; unchanged stock prices 123; stock prices hitting new highs 59; stock prices hitting new lows 111.
    NASDAQ quotes, volatile stocks and market trends, 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: UAL Corporation (NasdaqGS: UAUA) stock price shed 1.50 points on the trading session, high on the trading session $12.45, low on the trading session $3.00 with a closing stock price at $10.80; Research In Motion Limited (NasdaqGS: RIMM) stock price shed 4.20 points on the trading session, high on the trading session $111.68, low on the trading session $97.72 with a closing stock price at $102.75; Parametric Technology Corporation (NasdaqGS: PMTC) stock price gained 1.75 points on the trading session, high on the trading session $20.99, low on the trading session $19.62 with a closing stock price at $20.74; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 12.82 points on the trading session, high on the trading session $246.99, low on the trading session $214.31 with a closing stock price at $223.18; Baidu.com Incorporated (NasdaqGS: BIDU) stock price gained 3.56 points on the trading session, high on the trading session $288.80, low on the trading session $265.07 with a closing stock price at $274.22; Google Incorporated (NasdaqGS: GOOG) stock price shed 24.44 points on the trading session, high on the trading session $452.94, low on the trading session $417.55 with a closing stock price at $419.81.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
    Advanced stock prices 650; declined stock prices 544; unchanged stock prices 83; stock prices hitting new highs 8; stock prices hitting new lows 76.

    Chicago Board of Trade Futures Market activity for the day, at time of this posting for September 2008 Contracts:
    E-mini S&P 500 (ES) end of day price 1,266.50 change 25.50
    E-mini NASDAQ-100 (NQ) end of day price 1,759.75, change -10.25
    E-mini S&P SmallCap 600 (SMP) end of day price 377.30, change 0.00
    $5 DJIA (YM) end of day price 11,497 change 270

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.7073 to U.S. Dollars 1.4139
    Japanese Yen 108.050 to U.S. Dollars 0.0093
    British Pound 0.5685 to U.S. Dollars 1.7591
    Canadian Dollar 1.0646 to U.S. Dollars 0.9393
    Swiss Franc 1.1297 to U.S. Dollars 0.8852

    Commodity Markets:
    Energy Sector: Light Crude (NYMEX: NYM) gained $0.11 on the day for a closing price of $106.34 a barrel ($US per barrel)
    Heating Oil (NYMEX: NYM) gained $0.03 on the day for a closing price of $3.01 a gallon ($US per gallon)
    Natural Gas (NYMEX: NYM) gained $0.08 on the day for a closing price of $7.53 per million BTU ($US per mmbtu.)
    Unleaded Gas (NYMEX: NYM) gained $0.06 on the day for a closing price of $2.75 a gallon ($US per gallon)

    Metals Markets:
    Gold Market Price (COMEX: CMX) shed $0.30 on the day for a closing price of $802.50 ($US per Troy ounce)
    Silver (COMEX: CMX) shed $0.26 on the day for a closing price of $12.07 ($US per Troy ounce)
    Platinum (NYMEX: NYM) shed $14.90 on the day for a closing price of $1,352.90 ($US per Troy ounce)
    Copper (COMEX: CMX) shed $0.01 on the day for a closing price of $3.09 ($US per pound)

    Livestock and Meat Markets (cents per lb.):
    Lean Hogs (Chicago Mercantile Exchange: CME) shed 0.58 on the day for a closing price of 68.85
    Pork Bellies (Chicago Mercantile Exchange: CME) shed 2.45 on the day for a closing price of 83.65
    Live Cattle (Chicago Mercantile Exchange: CME) gained 0.10 on the day for a closing price of 103.05
    Feeder Cattle (Chicago Mercantile Exchange: CME) gained 0.63 on the day for a closing price of 111.30

    Other Commodities (cents per bushel):
    Corn (Chicago Board of Trade: CBT) gained 0.50 on the day for a closing price of 549.00
    Soybeans (Chicago Board of Trade: CBT) gained 15.00 on the day for a closing price of 1,192.00

    Bond Market:
    2 year bond gained 2/32 on the day for a closing price of 100 5/32 with a Yield of 2.29, Yield Change -0.03
    5 year bond gained 5/32 on the day for a closing price of 100 24/32 with a Yield of 2.95, Yield Change -0.04
    10 year bond gained 13/32 on the day for a closing price of 102 26/32 with a Yield of 3.65, Yield Change -0.05
    30 year bond gained 1 1/32 on the day for a closing price of 104 7/32 with a Yield of 4.24, Yield Change -0.06

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