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Warren Buffet Strategies

Discussion in 'Forex Daily News & Outlook' started by MTnews, Apr 28, 2008.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for April 28, 2008 from Millennium-Traders.Com

    Super sweet, rich and gooey news today when Mars announced the $23 Billion all cash offer for William Wrigley Jr. Corporation (NYSE: WWY), financing courtesy of Berkshire Hathaway. Wrigley posted a 14 plus point gain at the closing bell. (read more)

    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 20.11 points on the day to end the session at 12,871.75

    NYSE (New York Stock Exchange) gain of 5.30 points to end the session at 9,349.61

    NASDAQ gain of 1.47 points for a close at 2,424.40

    S&P 500 loss of 1.47 points for a close at 1,396.37

    FTSE All-World ex-U.S. gain of 0.76 points to close at 252.03

    FTSE RAFI 1000 gain of 4.45 points to close at 5,648.07

    BEL 20 gain of 49.35 points on the day to end the session at 3,941.33

    CAC 40 gain of 34.54 points on the day to end the session at 5,012.75

    FTSE100 loss of 1 points on the day to end the session at 6,090.40

    NIKKEI 225 gain of 30.9 points on the day to end the session at 13,894.40

    News on the New York Stock Exchange (NYSE) today: advanced stocks 1,802; declined stocks 1,361; unchanged stocks 105; stocks hitting new highs 75; stocks hitting new lows 25.
    Daily Trading Range and end of day trading results for volatile NYSE stocks traded by active Day Traders today:
    William Wrigley Jr. Corporation (NYSE: WWY) gained 14.46 points on the trading day, high on the trading day $77.75, low on the trading day $76.51, for a closing price at $76.91;
    Mosaic Corporation (NYSE: MOS) shed 7.60 points on the trading day, high on the trading day $129.50, low on the trading day $121.20, for a closing price at $123.70;
    Monsanto Corporation (NYSE: MON) shed 3.49 points on the trading day, high on the trading day $124.85, low on the trading day $120.54, for a closing price at $121.99;
    FTI Consulting, Incorporated (NYSE: FCN) shed 2.99 points on the trading day, high on the trading day $66.52, low on the trading day $60.79, for a closing price at $64.70;
    Terra Nitrogen Company, Limited Partnership (NYSE: TNH) shed 8.95 points on the trading day, high on the trading day $153.77, low on the trading day $145.02, for a closing price at $145.02;
    Carolina Group (NYSE: CG) shed 4.68 points on the trading day, high on the trading day $71.90, low on the trading day $67.32, for a closing price at $67.75;
    InterContinental Exchange, Incorporated (NYSE: ICE) shed 6.01 points on the trading day, high on the trading day $160.92, low on the trading day $153.70, for a closing price at $154.53;
    Texas Industries Incorporated (NYSE: TXI) gained 12.32 points on the trading day, high on the trading day $75.71, low on the trading day $62.50, for a closing price at $75.46;
    AK Steel Holding Corporation (NYSE: AKS) shed 3.35 points on the trading day, high on the trading day $68.36, low on the trading day $63.81, for a closing price at $63.89;
    Hess Corporation (NYSE: HES) shed 2.70 points on the trading day, high on the trading day $111.10, low on the trading day $105.57, for a closing price at $107.28;
    Potash Corporation of Saskatchewan, Incorporated (NYSE: POT) shed 13.58 points on the trading day, high on the trading day $205.30, low on the trading day $192.53, for a closing price at $193.50;
    MEMC Electronic Materials Incorporated (WFR) shed 2.13 points on the trading day, high on the trading day $70.47, low on the trading day $66.15, for a closing price at $68.37;
    CF Industries Holdings, Incorporated (NYSE: CF) shed 4.38 points on the trading day, high on the trading day $147.13, low on the trading day $139.23, for a closing price at $139.75.

    News on the NASDAQ today: advanced stocks 1,560; declined stocks 1,338; unchanged stocks 160; stocks hitting new highs 50; stocks hitting new lows 69.
    Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today:
    Sohu.com Incorporated (NasdaqGS: SOHU) gained 8.97 points on the trading day, high on the trading day $71.92, low on the trading day $65.80, closing price $70.81;
    Apple Incorporated (NasdaqGS: AAPL) gained 2.51 points on the trading day, high on the trading day $173.75, low on the trading day $169.13, closing price $172.24;
    First Solar, Incorporated (NasdaqGS: FSLR) shed 2.72 points on the trading day, high on the trading day $288.99, low on the trading day $282.00, for a closing price at $285.52;
    Google Incorporated (NasdaqGS: GOOG) gained 8.06 points on the trading day, high on the trading day $556.81, low on the trading day $539.00, closing price $552.12;
    Baidu.com, Incorporated (NasdaqGS: BIDU) shed 3.33 points on the trading day, high on the trading day $365.36, low on the trading day $357.24, closing price $360.36.

    News on the American Stock Exchange (AMEX) today: advanced stocks 697; declined stocks 492; unchanged stocks 103; stocks hitting new highs 27; stocks hitting new lows 24.

    Commodities Markets
    Energy Sector:
    Light Crude (NYM) gained $0.23 on the day to close at $118.75 a barrel ($US per bbl.); Heating Oil (NYM) had no change to close at $3.29 a gallon ($US per gal.); Natural Gas (NYM) gained $0.23 on the day to close at $11.33 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.02 on the day to close at $3.03 a gallon ($US per gal.).

    Metals Markets:
    Gold (CMX) gained $5.80 to close at $895.50 ($US per Troy oz.); Silver (CMX) gained $0.17 to close at $17.12 ($US per Troy oz.); Platinum (NYM) gained $10.60 to close at $1,978.60 ($US per Troy oz.) and Copper (CMX) gained $0.02 to close at $3.93 ($US per lb.).

    Livestock and Meat Markets (cents per lb.):
    Lean Hogs (CME) shed 0.90 to close at 75.45; Pork Bellies (CME) shed 2.55 to close at 74.25; Live Cattle (CME) gained 0.38 to close at 93.78; Feeder Cattle (CME) shed 1.48 to close at 109.18.

    Other Commodities (cents per bu.):
    Corn (CBT) gained 22.75 to close the session at 613.50 and Soybeans (CBT) shed 39.50 to close the session at 1,297.50.

    Bonds were higher across the board today:
    2 year bond gained 4/32 to close at 99 17/32 with a Yield of 2.35, Yield Change 0.06; 5 year bond gained 8/32 to close at 100 with a Yield of 3.12, Yield Change 0.05; 10 year bond gained 11/32 to close at 97 11/32 with a Yield of 3.82, Yield Change 0.05; the 30 year bond gained 17/32 to close at 96 31/32 on the day with a Yield of 4.56, Yield Change 0.03.

    The e-mini Dow $5 ended the commodity session today at 12,887 with a gain of 12 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 Daily Market Report from Millennium-Traders, free access to visitors on our website.

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    Thanks for reading
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