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Tessera Technologies Got Slammed

Discussion in 'Forex Daily News & Outlook' started by MTnews, Mar 4, 2008.

  1. MTnews

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    Daily Market Commentary for March 04, 2008 from Millennium-Traders.Com

    At the closing bell on the Stock Exchange, here is how the major indices ended the session on the U.S. Markets:

    DOW (Dow Jones Industrial Average) loss of 45.10 points on the day to end the session at 12,213.80
    NYSE (New York Stock Exchange) loss of 78.94 points to end the session at 8,891.45
    NASDAQ gain of 1.68 points for a close at 2,260.28
    S&P 500 loss of 4.59 points for a close at 1,326.75
    FTSE All-World ex-U.S. loss of 1.74 points to close at 237.76
    FTSE RAFI 1000 loss of 18.43 points to close at 5,442.61
    BEL 20 loss of 29.37 points to close at 3,675.01
    CAC 40 loss of 66.75 points to close at 4,675.91
    FTSE100 loss of 50.9 points to close at 5,767.70
    NIKKEI 225 gain of 0.1 points to close at 12,992.30

    On the NYSE today, advancers came in at 1,016, decliners totaled 2,153; unchanged came in at 73; new highs came in at 23 and new lows came in at 232. Momentum NYSE stocks traded by active Day Traders today: Freeport-McMoRan Copper & Gold Incorporated (FCX) shed 4.52 points with a high on the day of $103.66, a low of $96.63 for a closing price at $98.93; MBIA Incorporated (MBI) gained 0.36 points with a high on the day of $13.39, a low of $12.00 for a closing price at $12.798; Petroleo Brasileiro (PBR) shed 4.99 points with a high on the day of $116.76, a low of $110.21 for a closing price at $112.55; Trina Solar Ltd (TSL) gained 1.75 points with a high on the day of $36.75, a low of $32.46 for a closing price at $34.37; CME Group, Incorporated (CME) shed 14.03 points with a high on the day of $513.00, a low of $496.43 for a closing price at $503.00; NCI Building Systems Incorporated (NCS) shed 5.70 points with a high on the day of $27.58, a low of $23.14 for a closing price at $23.54; Salesforce.com (CRM) shed 0.89 points with a high on the day of $58.99, a low of $57.12 for a closing price at $57.88; Transocean, Incorporated (RIG) shed 2.40 points with a high on the day of $139.20, a low of $133.89 for a closing price at $136.85; Mosaic Corporation (MOS) shed 3.01 points with a high on the day of $114.64, a low of $104.80 for a closing price at $108.92; Firstenergy Corporation (FE) gained 2.07 points with a high on the day of $71.06, a low of $67.00 for a closing price at $69.44; Goldman Sachs Group Incorporated (GS) shed 1.48 points with a high on the day of $166.44, a low of $160.20 for a closing price at $163.60; Bill Barrett Corporation (BBG) shed 2.59 points with a high on the day of $45.50, a low of $43.30 for a closing price at $44.22; SL Green Realty Corporation (SLG) shed 2.82 points with a high on the day of $93.33, a low of $85.60 for a closing price at $88.37; Potash Corp. of Saskatchewan, Incorporated (POT) shed 0.60 points with a high on the day of $161.50, a low of $152.83 for a closing price at $156.76; Monsanto Corporation (MON) shed 6.91 points with a high on the day of $118.57, a low of $107.85 for a closing price at $111.72; Southern Copper Corporation (PCU) shed 7.80 points with a high on the day of $113.75, a low of $104.05 for a closing price at $107.09; Mastercard Incorporated (MA) gained 3.91 points with a high on the day of $193.42, a low of $185.01 for a closing price at $192.47.

    On the NASDAQ today, advanced totaled 1,142; decliners totaled 1,805; unchanged came in at 129; new highs came in at 14 and new lows came in at 297. Momentum NASDAQ stocks traded by active Day Traders today: Sears Holdings Corporation (SHLD) shed 0.53 points with a high on the day of $99.97, a low of $95.00 for a closing price at $95.94; Tessera Technologies Incorporated (TSRA) shed 8.99 points with a high on the day of $23.13, a low of $11.11 for a closing price at $14.07; Clearwire Corporation (CLWR) shed 0.40 points with a high on the day of $14.74, a low of $12.53 for a closing price at $14.10; Origin Agritech Limited (SEED) gained 0.48 points with a high on the day of $6.89, a low of $6.25 for a closing price at $6.51; James River Coal Corporation (JRCC) gained 0.87 points with a high on the day of $18.43, a low of $15.54 for a closing price at $17.84; Focus Media Holding Limited (FMCN) shed 3.01 points with a high on the day of $50.55, a low of $45.01 for a closing price at $47.75; Garmin Limited (GRMN) gained 1.17 points with a high on the day of $58.26, a low of $56.10 for a closing price at $58.00; China Medical Technologies Incorporated (CMED) shed 3.10 points with a high on the day of $45.75, a low of $39.26 for a closing price at $40.92; SunPower Corporation (SPWR) shed 0.19 points with a high on the day of $68.50, a low of $65.08 for a closing price at $66.39; Pan American Silver Corporation (PAAS) shed 2.30 points with a high on the day of $42.34, a low of $38.20 for a closing price at $39.24; Perficient Incorporated (PRFT) shed 0.69 points with a high on the day of $9.18, a low of $6.43 for a closing price at $7.17; Central European Media Enterprises Limited (CETV) shed 8.76 points with a high on the day of $86.37, a low of $82.59 for a closing price at $84.00; Google Incorporated (GOOG) shed 12.42 points with a high on the day of $453.36, a low of $435.78 for a closing price at $444.60; First Solar, Incorporated (FSLR) shed 4.89 points with a high on the day of $210.66, a low of $196.01 for a closing price at $202.60; Apple Incorporated (AAPL) gained 2.89 points with a high on the day of $124.88, a low of $120.40 for a closing price at $124.62; Research In Motion Limited (RIMM) gained 4.51 points with a high on the day of $104.37, a low of $98.00 for a closing price at $104.66; Baidu.com, Incorporated (BIDU) gained 5.63 points with a high on the day of $247.86, a low of $234.00 for a closing price at $246.15.

    Redbook data released today: U.S. Retail Sales fell 1.3% during first 4 weeks in February versus January.

    U.S. February Royalty Oil Moves into SPR half of expected level and U.S. March Royalty Oil Moves Boosted to 1.9 Million Barrels from 1.2 Million Barrels.

    Commodities Markets
    The trend was mostly lower across the board today for the Energy Sector: Light crude moved lower today by $2.93 to close at $99.52 a barrel; Heating Oil moved lower today by $0.04 to close at $2.80 a gallon; Natural Gas closed at $9.35 per million BTU and Unleaded Gas moved lower today by $0.15 to close at $2.52 a gallon.

    Metals Markets ended the session mostly lower across the board today: Gold moved sharply lower today by $17.90 to close at $966.30 a Troy ounce; Silver moved lower today by $0.34 to close at $19.84 per Troy ounce; Platinum moved nicely higher today by $25.40 to close at $2,267.00 per Troy ounce and Copper closed lower by $0.11 to close at $3.82 per pound.

    On the Livestock and Meat Markets, the trend was mostly lower across the board today: Lean Hogs ended the day lower by $1.95 to close at $56.85; Pork Bellies ended the day lower by $1.73 to close at $85.95; Live Cattle ended the day lower by $1.45 to close at $91.20 and Feeder Cattle ended the day at $104.95.

    Other Commodities: Corn ended the day lower by $12.00 at $554.50 and Soybeans ended the day sharply lower by $48.75 to end the session at $1,510.75.

    Bonds were lower across the board today: 2 year bond closed lower by 1/32 at 100 21/32; 5 year bond moved lower by 4/32 to close at 101 today; 10 year bond moved lower by 16/32 to close at 99 2/32 and the 30 year bond moved lower by 1 5/32 to close at 97 28/32 on the day.

    The e-mini Dow ended the session today at 12,215 with a loss of 37 points on the trading session. The total Dow Exchange Volume for the day came in at 181,023 which are comprised of Electronic, Open Auction and Cash Exchange. Traders should review workshops available at the CBOT (Chicago Board of Trade) Educational in-person seminars schedules available on 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 and Cash Exchange ended the day at 5,247,923; Open Interest for Futures moved lower by 28,819 points to close at 10,439,397; the Open Interest for Options moved higher by 53,529 points to close at 7,001,482 and the Cleared Only moved lower by 1,238 points to close at 27,123 for a total Open Interest on the day of 17,468,002 for a total Change on the day with a gain of 23,472 points.

    Monitor scheduled economic data every market morning by viewing the Daily Market Report from Millennium-Traders, free access to visitors on our website.

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    Thanks for reading
    Millennium-Traders.Com
     
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