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Discussion in 'Forex Daily News & Outlook' started by MTnews, Aug 27, 2008.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for August 27, 2008 from Millennium-Traders.Com

    The Federal Deposit Insurance Corporation (FDIC) stated late Tuesday that banks' earnings for the 2Q were $5 billion which is a whopping 86% plunge from the $36.8 billion banks earned during same quarter of 2007..… (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) gain of 89.72 points on the day to end the trading session at 11,502.59
    NYSE (New York Stock Exchange) gain of 86.12 points to end the trading session at 8,349.84
    NASDAQ gain of 20.49 points to end the trading session at 2,382.46
    S&P 500 gain of 10.15 points to end the trading session at 1,281.66
    FTSE All-World excluding - U.S. gain of 1.58 points to end the trading session at 218.31
    FTSE RAFI 1000 gain of 43.84 points to end the trading session at 5,015.88
    BEL 20 (BEL20) gain of 8.53 points to end the trading session at 3,033.67
    CAC 40 (CAC40) gain of 4.53 points to end the trading session at 4,373.08
    FTSE100 (UKX100) gain of 57.4 points to end the trading session at 5,528.10
    NIKKEI 225 (NIK/O) loss of 99.95 points on the day to end the trading session at 12,778.71

    New York Stock Exchange (NYSE) stock market indicators for the day:
    Advanced stock prices 2,318; declined stock prices 846; unchanged stock prices 90; stock prices hitting new highs 17 and stock prices hitting new lows 43.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 shed 0.43 points on the trading session, high on the trading session $155.88, low on the trading session $153.41 with a closing stock price at $155.48; Devon Energy Corporation (NYSE: DVN) stock price gained 1.53 points on the trading session, high on the trading session $109.60, low on the trading session $105.89 with a closing stock price at $106.78; J. Crew Group Incorporated (NYSE: JCG) stock price shed 0.77 points on the trading session, high on the trading session $25.99, low on the trading session $23.97 with a closing stock price at $25.87; AFLAC Incorporated (NYSE: AFL) stock price gained 2.64 points on the trading session, high on the trading session $56.44, low on the trading session $53.87 with a closing stock price at $56.24; Dycom Industries Incorporated (NYSE: DY) stock price shed 0.79 points on the trading session, high on the trading session $16.99, low on the trading session $15.02 with a closing stock price at $15.92; United States Steel Corporation (NYSE: X) stock price gained 2.34 points on the trading session, high on the trading session $133.14, low on the trading session $130.02 with a closing stock price at $132.19; CF Industries Holdings Incorporated (NYSE: CF) stock price gained 0.92 points on the trading session, high on the trading session $152.66, low on the trading session $149.40 with a closing stock price at $150.16; LDK Solar Corporation Limited (NYSE: LDK) stock price gained 2.81 points on the trading session, high on the trading session $50.03, low on the trading session $46.20 with a closing stock price at $50.03; Walter Industries Incorporated (NYSE: WLT) stock price gained 2.83 points on the trading session, high on the trading session $95.78, low on the trading session $92.22 with a closing stock price at $95.45; Rio Tinto plc (NYSE: RTP) stock price gained 6.10 points on the trading session, high on the trading session $388.77, low on the trading session $379.34 with a closing stock price at $388.25; Ultrashort Financial Corporation (NYSE: SKF) stock price shed 3.96 points on the trading session, high on the trading session $131.81, low on the trading session $125.59 with a closing stock price at $126.50; CME Group Incorporated (NYSE: CME) stock price gained 8.06 points on the trading session, high on the trading session $334.28, low on the trading session $312.00 with a closing stock price at $330.50; Potash Corporation Saskatchewan (NYSE: POT) stock price gained 3.15 points on the trading session, high on the trading session $184.18, low on the trading session $180.00 with a closing stock price at $182.10.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
    Advanced stock prices 1,814; declined stock prices 1,018; unchanged stock prices 149; stock prices hitting new highs 23; stock prices hitting new lows 59.
    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: Amylin Pharmaceuticals Incorporated (NasdaqGS: AMLN) stock price shed 6.99 points on the trading session, high on the trading session $24.00, low on the trading session $19.91 with a closing stock price at $20.24; Google Incorporated (NasdaqGS: GOOG) stock price shed 6.15 points on the trading session, high on the trading session $474.83, low on the trading session $464.84 with a closing stock price at $468.00.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
    Advanced stock prices 759; declined stock prices 410; unchanged stock prices 89; stock prices hitting new highs 17; stock prices hitting new lows 25.

    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 1,280.25 change 8.50
    E-mini NASDAQ-100 (NQ) end of day price 1,897.75, change 6.25
    E-mini S&P SmallCap 600 (SMP) end of day price 384.20, change 3.40
    $5 DJIA (YM) end of day price 11,478, change 66

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.6790 to U.S. Dollars 1.4728
    Japanese Yen 109.510 to U.S. Dollars 0.0091
    British Pound 0.5448 to U.S. Dollars 1.8354
    Canadian Dollar 1.0470 to U.S. Dollars 0.9551
    Swiss Franc 1.0968 to U.S. Dollars 0.9117

    Commodity Markets:
    Energy Sector: Light Crude (NYMEX: NYM) gained $1.88 on the day for a closing price of $118.15 a barrel ($US per barrel)
    Heating Oil (NYMEX: NYM) gained $0.05 on the day for a closing price of $3.28 a gallon ($US per gallon)
    Natural Gas (NYMEX: NYM) gained $0.22 on the day for a closing price of $8.61 per million BTU ($US per mmbtu.)
    Unleaded Gas (NYMEX: NYM) gained $0.10 on the day for a closing price of $3.07 a gallon ($US per gallon)

    Metals Markets:
    Gold Market Price (COMEX: CMX) gained $5.90 on the day for a closing price of $834.00 ($US per Troy ounce)
    Silver (COMEX: CMX) shed $0.11 on the day for a closing price of $13.57 ($US per Troy ounce)
    Platinum (NYMEX: NYM) gained $19.60 on the day for a closing price of $1,440.70 ($US per Troy ounce)
    Copper (COMEX: CMX) gained $0.03 on the day for a closing price of $3.45 ($US per pound)

    Livestock and Meat Markets (cents per lb.):
    Lean Hogs (Chicago Mercantile Exchange: CME) shed 3.00 on the day for a closing price of 70.50
    Pork Bellies (Chicago Mercantile Exchange: CME) shed 2.98 on the day for a closing price of 91.05
    Live Cattle (Chicago Mercantile Exchange: CME) shed 1.98 on the day for a closing price of 103.78
    Feeder Cattle (Chicago Mercantile Exchange: CME) shed 1.18 on the day for a closing price of 110.43

    Other Commodities (cents per bushel):
    Corn (Chicago Board of Trade: CBT) gained 2.00 on the day for a closing price of 596.00
    Soybeans (Chicago Board of Trade: CBT) gained 3.50 on the day for a closing price of 1,347.00

    Bond Market:
    2 year bond gained 2/32 on the day for a closing price of 100 27/32 with a Yield of 2.28, Yield Change -0.05
    5 year bond gained 3/32 on the day for a closing price of 101 20/32 with a Yield of 3.01, Yield Change -0.02
    10 year bond gained 3/32 on the day for a closing price of 101 30/32 with a Yield of 3.76, Yield Change -0.01
    30 year bond gained 3/32 on the day for a closing price of 101 29/32 with a Yield of 4.38, Yield Change -0.01

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