Market Commentary for October 2008

[MTnews]

October 1, 2008

Warren Buffet invested $3 Billion in General Electric (NYSE: GE), actually appears as though he initiated his own rescue plan on GE and we saw slight gains on the stock.

Economic data released today:

ADP Employment Report:

ADP Sees September U.S. Private Sector Jobs lower by 8,000;
ADP September U.S. Private Sector Jobs expected to fall by 55,000.

Institute for Supply Management (ISM) Manufacturing Index:

U.S. ISM September Inventories Index came in at 43.4 versus August reading at 49.3; U.S. ISM September Production Index came in at 40.8 versus August reading at 52.1; U.S. ISM September New Orders Index came in at 38.8 versus August reading at 48.3; U.S. ISM September Employment Index came in at 41.8 versus August reading at 49.7; U.S. ISM September Prices Index came in at 53.5 versus August reading at 77.0; U.S. ISM September Manufacturing Business Index came in at 43.5 versus August reading at 49.9; U.S. ISM September Manufacturing Business Index expected to come in at 49.5; U.S. ISM September Manufacturing Business Index came in at 43.5.

Construction Spending:

July Construction Spending revised to a drop by 1.4 percent from a drop by 0.6 percent; U.S. Construction Spending unchanged in August as compared to consensus of a drop by 0.5 percent.

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) loss of 19.59 points on the day to end the trading session at 10,831.07
NYSE (New York Stock Exchange) loss of 12.85 points to end the trading session at 7,519.95
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 22.48 points to end the trading session at 2,069.40
S&P 500 loss of 3.68 points to end the trading session at 1,161.06
FTSE All-World excluding U.S. gain of 0.08 points to end the trading session at 193.37
FTSE RAFI 1000 gain of 10.86 points to end the trading session at 4,644.67
BEL 20 (BEL20) gain of 44.28 points to end the trading session at 2,716.48
CAC 40 (CAC40) gain of 22.44 points to end the trading session at 4,054.54
FTSE100 (UKX100) gain of 57.14 points to end the trading session at 4,959.59
NIKKEI 225 (NIK/O) triple digit gain of 108.4 points to end the trading session at 11,368.26

New York Stock Exchange (NYSE) stock market indicators for the day:

Advanced stock prices 1,518; declined stock prices 1,694; unchanged stock prices 61; stock prices hitting new highs 11 and stock prices hitting new lows 197.

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: Bunge Limited (NYSE: BG) stock price shed 0.18 points on the trading session, high on the trading session $65.25, low on the trading session $62.39 with a closing stock price at $63.00; Petroleo Brasileiro (NYSE: PBR) stock price shed 0.47 points on the trading session, high on the trading session $43.48, low on the trading session $40.69 with a closing stock price at $43.48; Teck Cominco Limited (NYSE: TCK) stock price shed 2.69 points on the trading session, high on the trading session $28.02, low on the trading session $25.81 with a closing stock price at $26.43; Diebold Incorporated (NYSE: DBD) stock price gained 0.23 points on the trading session, high on the trading session $34.52, low on the trading session $32.71 with a closing stock price at $33.34; Pediatrix Medical Group Incorporated (NYSE: PDX) stock price shed 6.27 points on the trading session, high on the trading session $49.00, low on the trading session $44.46 with a closing stock price at $47.65; Hartford Financial Services (NYSE: HIG) stock price shed 2.39 points on the trading session, high on the trading session $40.01, low on the trading session $34.72 with a closing stock price at $38.60; MetLife Incorporated (NYSE: MET) stock price shed 6.14 points on the trading session, high on the trading session $54.22, low on the trading session $46.07 with a closing stock price at $49.85; Bank of America Corporation (NYSE: BAC) stock price gained 3.13 points on the trading session, high on the trading session $38.50, low on the trading session $34.22 with a closing stock price at $38.13; Consol Energy Incorporated (NYSE: CNX) stock price shed 4.14 points on the trading session, high on the trading session $44.95, low on the trading session $39.61 with a closing stock price at $41.75.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:

Advanced stock prices 1,052; declined stock prices 1,840; unchanged stock prices 114; stock prices hitting new highs 7; stock prices hitting new lows 155.

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: Bucyrus International Incorporated (NasdaqGS: BUCY) stock price shed 2.82 points on the trading session, high on the trading session $44.50, low on the trading session $40.58 with a closing stock price at $41.85; Fastenal Company (NasdaqGS: FAST) stock price shed 3.04 points on the trading session, high on the trading session $49.29, low on the trading session $45.06 with a closing stock price at $46.34; Xyratex Limited (NasdaqGS: XRTX) stock price shed 1.10 points on the trading session, high on the trading session $10.42, low on the trading session $9.90 with a closing stock price at $10.02; Energy Conversion Devices Incorporated (NasdaqGS: ENER) stock price gained 3.60 points on the trading session, high on the trading session $62.89, low on the trading session $56.60 with a closing stock price at $61.85; First Solar Incorporated (NasdaqGS: FSLR) stock price gained 9.59 points on the trading session, high on the trading session $202.93, low on the trading session $188.66 with a closing stock price at $198.50; Google Incorporated (NasdaqGS: GOOG) stock price gained 11.48 points on the trading session, high on the trading session $416.98, low on the trading session $403.10 with a closing stock price at $412.00.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:

Advanced stock prices 517; declined stock prices 661; unchanged stock prices 67; stock prices hitting new highs 8; stock prices hitting new lows 115.

Chicago Board of Trade Futures Market activity for the day, at time of this posting for December 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,167.50 change -1.50
E-mini NASDAQ-100 (NQ) end of day price 1,577.00, change -27.50
E-mini S&P SmallCap 600 (SMP) end of day price 360.40, change -1.20
$5 DJIA (YM) end of day price 10,874 change 13

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:

Euro 0.7136 to U.S. Dollars 1.4014
Japanese Yen 105.89 to U.S. Dollars 0.0094
British Pound 0.5647 to U.S. Dollars 1.7707
Canadian Dollar 1.605 to U.S. Dollars 0.9430
Swiss Franc 1.1252 to U.S. Dollars 0.8887

Commodity Markets:

Energy Sector: Light Crude (NYMEX: NYM) shed $2.11 on the day for a closing price of $98.53 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.05 on the day for a closing price of $2.85 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) gained $0.29 on the day for a closing price of $7.73 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.10 on the day for a closing price of $2.36 a gallon ($US per gallon)

Metals Markets:

Gold Market Price (COMEX: CMX) gained $6.50 on the day for a closing price of $887.30 ($US per Troy ounce)
Silver (COMEX: CMX) gained $0.50 on the day for a closing price of $12.77 ($US per Troy ounce)
Platinum (NYMEX: NYM) gained $14.60 on the day for a closing price of $1,043.10 ($US per Troy ounce)
Copper (COMEX: CMX) shed $0.09 on the day for a closing price of $2.73 ($US per pound)

Livestock and Meat Markets (cents per lb.):

Lean Hogs (Chicago Mercantile Exchange: CME) shed 0.85 on the day for a closing price of 67.73
Pork Bellies (Chicago Mercantile Exchange: CME) shed 1.60 on the day for a closing price of 92.15
Live Cattle (Chicago Mercantile Exchange: CME) gained 0.10 on the day for a closing price of 100.48
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 1.13 on the day for a closing price of 103.60

Other Commodities (cents per bushel):

Corn (Chicago Board of Trade: CBT) shed 3.50 on the day for a closing price of 484.00
Soybeans (Chicago Board of Trade: CBT) gained 8.00 on the day for a closing price of 1,056.00

Bond Market:

2 year bond gained 7/32 on the day for a closing price of 100 9/32 with a Yield of 1.84, Yield Change -0.12
5 year bond gained 14/32 on the day for a closing price of 101 4/32 with a Yield of 2.88, Yield Change -0.08
10 year bond gained 21/32 on the day for a closing price of 102 3/32 with a Yield of 3.74, Yield Change -0.08
30 year bond gained 1 20/32 on the day for a closing price of 104 25/32 with a Yield of 4.21, Yield Change -0.10

Thanks for reading
Millennium-Traders.Com

[MTnews]

October 3, 2008

U.S. House votes 263 - 171 to approve Financial Rescue Bill. President George W. Bush signed the Bill into law just before 3:00 pm Eastern Time today

Economic data released today:

Employment Situation:

U.S. September Nonfarm Payrolls fell by 159K as compared to consensus of an anticipated drop by 105K; U.S. September Unemployment Rate came in at 6.1 percent as compared to consensus of 6.1 percent; September Manufacturing Payrolls fell by 51K; September Service-Producing Payrolls fell by 82K; U.S. September Overall Workweek fell by 0.1 Hour to 33.6 Hours; U.S. August Payrolls Revised to a drop by 73K from a drop by 84K; U.S. August Unemployment Left Unrevised at 6.1 percent; U.S. September Payroll posted largest drop since March 2003; Labor Department stated that Hurricane Ike did not affect Payrolls in September.

Institute for Supply Management (ISM) Non-Manufacturing Survey:

U.S. ISM September Non-Manufacturing Composite Index came in at 50.2; U.S. ISM September Non-Manufacturing Composite Index expected to come in at 50.0; U.S. ISM September Non-Manufacturing Business Index came in at 52.1; U.S. ISM September Non-Manufacturing Composite Index came in at 50.2 versus August reading of 50.6; U.S. ISM September Non-Manufacturing Business Index came in at 52.1 versus August reading of 51.6; U.S. ISM September Non-Manufacturing Employment Index came in at 44.2 versus August reading of 45.4; U.S. ISM September Non-Manufacturing Prices Index came in at 70.0 versus August reading of 72.9; U.S. ISM September Non-Manufacturing New Orders Index came in at 50.8 versus August reading of 49.7.

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 loss of 157.47 points on the day to end the trading session at 10,325.38
NYSE (New York Stock Exchange) loss of 66.47 points to end the trading session at 7,088.94
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 29.33 points to end the trading session at 1,947.39
S&P 500 loss of 15.05 points to end the trading session at 1,099.23
FTSE All-World excluding U.S. loss of 0.79 points to end the trading session at 185.92
FTSE RAFI 1000 loss of 88.79 points to end the trading session at 4,378.78
BEL 20 (BEL20) gain of 15.93 points to end the trading session at 2,757.01
CAC 40 (CAC40) triple digit gain of 117.47 points to end the trading session at 4,080.75
FTSE100 (UKX100) triple digit gain of 109.91 points to end the trading session at 4,980.25
NIKKEI 225 (NIK/O) triple digit loss of 216.62 points to end the trading session at 10,938.14

New York Stock Exchange (NYSE) stock market indicators for the day:

Advanced stock prices 1,178 declined stock prices 2,029; unchanged stock prices 68; stock prices hitting new highs 7 and stock prices hitting new lows 530.

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: Transocean Incorporated (NYSE: RIG) stock price shed 1.53 points on the trading session, high on the trading session $101.67, low on the trading session $94.16 with a closing stock price at $94.65; Alpha Natural Resources Incorporated (NYSE: ANR) stock price gained 1.75 points on the trading session, high on the trading session $48.94, low on the trading session $40.73 with a closing stock price at $42.25; CME Group Incorporated (NYSE: CME) stock price shed 10.52 points on the trading session, high on the trading session $402.50, low on the trading session $362.30 with a closing stock price at $363.15; Petroleo Brasileiro (NYSE: PBR) stock price shed 1.36 points on the trading session, high on the trading session $41.56, low on the trading session $36.60 with a closing stock price at $36.72; Pediatrix Medical Group Incorporated (NYSE: PDX) stock price shed 2.41 points on the trading session, high on the trading session $47.36, low on the trading session $42.00 with a closing stock price at $43.15.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:

Advanced stock prices 835; declined stock prices 2,064; unchanged stock prices 107; stock prices hitting new highs 6; stock prices hitting new lows 435.

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: Interwoven Incorporated (NasdaqGS: IWOV) stock price shed 0.12 points on the trading session, high on the trading session $13.87, low on the trading session $12.51 with a closing stock price at $12.62; Penn National Gaming Incorporated (NasdaqGS: PENN) stock price shed 2.97 points on the trading session, high on the trading session $21.74, low on the trading session $19.60 with a closing stock price at $20.39; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 15.84 points on the trading session, high on the trading session $194.30, low on the trading session $153.62 with a closing stock price at $162.02; Central European Media Enterprise (NasdaqGS: CETV) stock price shed 7.06 points on the trading session, high on the trading session $57.92, low on the trading session $46.87 with a closing stock price at $50.38; Google Incorporated (NasdaqGS: GOOG) stock price shed 3.58 points on the trading session, high on the trading session $412.49, low on the trading session $383.07 with a closing stock price at $386.90.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:

Advanced stock prices 455; declined stock prices 708; unchanged stock prices 76; stock prices hitting new highs 16; stock prices hitting new lows 250.

Chicago Board of Trade Futures Market activity for the day, at time of this posting for December 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,109.00 change -15.50
E-mini NASDAQ-100 (NQ) end of day price 1,478.25, change -32.25
E-mini S&P SmallCap 600 (SMP) end of day price 330.50, change -11.30
$5 DJIA (YM) end of day price 10,361 change -196

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:

Euro 0.7251 to U.S. Dollars 1.3792
Japanese Yen 105.21 to U.S. Dollars 0.0095
British Pound 0.5636 to U.S. Dollars 1.7743
Canadian Dollar 1.0809 to U.S. Dollars 0.9252
Swiss Franc 1.1274 to U.S. Dollars 0.8870

Commodity Markets:

Energy Sector: Light Crude (NYMEX: NYM) shed $0.09 on the day for a closing price of $93.88 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.05 on the day for a closing price of $2.66 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.12 on the day for a closing price of $7.36 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.03 on the day for a closing price of $2.23 a gallon ($US per gallon)

Metals Markets:

Gold Market Price (COMEX: CMX) shed $11.10 on the day for a closing price of $833.20 ($US per Troy ounce)
Silver (COMEX: CMX) gained $0.21 on the day for a closing price of $11.33 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $20.80 on the day for a closing price of $965.80 ($US per Troy ounce)
Copper (COMEX: CMX) gained $0.06 on the day for a closing price of $2.69 ($US per pound)

Livestock and Meat Markets (cents per lb.):

Lean Hogs (Chicago Mercantile Exchange: CME) gained 0.48 on the day for a closing price of 66.43
Pork Bellies (Chicago Mercantile Exchange: CME) gained 2.28 on the day for a closing price of 94.10
Live Cattle (Chicago Mercantile Exchange: CME) shed 0.30 on the day for a closing price of 97.78
Feeder Cattle (Chicago Mercantile Exchange: CME) gained 0.20 on the day for a closing price of 100.80

Other Commodities (cents per bushel):

Corn (Chicago Board of Trade: CBT) no change on the day for a closing price of 454.00
Soybeans (Chicago Board of Trade: CBT) shed 12.00 on the day for a closing price of 992.00

Bond Market:

2 year bond shed 2/32 on the day for a closing price of 100 21/32 with a Yield of 1.65, Yield Change 0.03
5 year bond gained 1/32 on the day for a closing price of 102 4/32 with a Yield of 2.66, Yield Change 0.00
10 year bond gained 6/32 on the day for a closing price of 103 7/32 with a Yield of 3.60, Yield Change -0.20
30 year bond gained 25/32 on the day for a closing price of 106 23/32 with a Yield of 4.10, Yield Change -0.04



Thanks for reading
Millennium-Traders.Com

[MTnews]

October 6, 2008

Today, the DOW looked as though it was in a race to see just how fast it could dive to new historical depths in excess of 800 points around 2:30 pm Eastern Time.

Economic data released today: n/a

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 loss of 369.88 points on the day to end the trading session at 9,955.50
NYSE (New York Stock Exchange) triple digit loss of 334.03 points to end the trading session at 6,779.43
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 84.00 points to end the trading session at 1,862.01
S&P 500 loss of 42.34 points to end the trading session at 1,56.89
FTSE All-World excluding U.S. loss of 11.43 points to end the trading session at 174.51
FTSE RAFI 1000 triple digit loss of 175.71 points to end the trading session at 4,202.90
BEL 20 (BEL20) triple digit loss of 189.42 points to end the trading session at 2,567.59
CAC 40 (CAC40) triple digit loss of 368.77 points to end the trading session at 3,711.98
FTSE100 (UKX100) triple digit loss of 391.06 points to end the trading session at 4,589.19
NIKKEI 225 (NIK/O) session closed

New York Stock Exchange (NYSE) stock market indicators for the day:

Advanced stock prices 246 declined stock prices 3,039; unchanged stock prices 20; stock prices hitting new highs 2 and stock prices hitting new lows 1,664.

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: United States Steel Corporation (NYSE: X) stock price shed 3.88 points on the trading session, high on the trading session $60.47, low on the trading session $52.06 with a closing stock price at $59.62; Citigroup Incorporated (NYSE: C) stock price shed 0.94 points on the trading session, high on the trading session $18.12, low on the trading session $16.10 with a closing stock price at $17.41; State Street Corporation (NYSE: STT) stock price shed 4.96 points on the trading session, high on the trading session $48.37, low on the trading session $36.69 with a closing stock price at $42.00; General Growth Properties Incorporated (NYSE: GGP) stock price shed 1.92 points on the trading session, high on the trading session $10.00, low on the trading session $7.24 with a closing stock price at $7.75; Hess Corporation (NYSE: HES) stock price gained 0.25 points on the trading session, high on the trading session $72.25, low on the trading session $60.27 with a closing stock price at $72.25; Honeywell International Incorporated (NYSE: HON) stock price shed 1.92 points on the trading session, high on the trading session $36.97, low on the trading session $34.66 with a closing stock price at $35.92; Flowserve Corporation (NYSE: FLS) stock price shed 4.39 points on the trading session, high on the trading session $69.95, low on the trading session $58.77 with a closing stock price at $67.81; Sempra Energy (NYSE: SRE) stock price shed 3.83 points on the trading session, high on the trading session $49.14, low on the trading session $43.65 with a closing stock price at $45.54; Nucor Corporation (NYSE: NUE) stock price shed 1.01 points on the trading session, high on the trading session $34.31, low on the trading session $28.97 with a closing stock price at $33.74; Walter Industries Incorporated (NYSE: WLT) stock price shed 0.04 points on the trading session, high on the trading session $37.46, low on the trading session $28.23 with a closing stock price at $36.44; CNOOC Limited (NYSE: CEO) stock price shed 8.40 points on the trading session, high on the trading session $96.93, low on the trading session $88.63 with a closing stock price at $96.28.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:

Advanced stock prices 453; declined stock prices 2,608; unchanged stock prices 65; stock prices hitting new highs 6; stock prices hitting new lows 1,117.

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: Apple Incorporated (NasdaqGS: AAPL) stock price gained 0.30 points on the trading session, high on the trading session $98.78, low on the trading session $87.54 with a closing stock price at $97.35; OSI Pharmaceuticals Incorporated (NasdaqGS: OSIP) stock price shed 6.44 points on the trading session, high on the trading session $40.41, low on the trading session $36.46 with a closing stock price at $39.40; Baidu.com Incorporated (NasdaqGS: BIDU) stock price gained 5.31 points on the trading session, high on the trading session $227.70, low on the trading session $203.76 with a closing stock price at $227.68; Vignette Corporation (NasdaqGS: VIGN) stock price shed 0.49 points on the trading session, high on the trading session $9.53, low on the trading session $9.00 with a closing stock price at $9.35; Intuitive Surgical Incorporated (NasdaqGS: ISRG) stock price shed 28.58 points on the trading session, high on the trading session $216.95, low on the trading session $186.55 with a closing stock price at $197.12; Google Incorporated (NasdaqGS: GOOG) stock price shed 17.15 points on the trading session, high on the trading session $375.99, low on the trading session $357.16 with a closing stock price at $369.76; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 6.19 points on the trading session, high on the trading session $161.85, low on the trading session $134.50 with a closing stock price at $157.00.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:

Advanced stock prices 163; declined stock prices 1,160; unchanged stock prices 41; stock prices hitting new highs 40; stock prices hitting new lows 701.

Chicago Board of Trade Futures Market activity for the day, at time of this posting for December 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,050.75 change -2.50
E-mini NASDAQ-100 (NQ) end of day price 1,408.50, change -2.00
E-mini S&P SmallCap 600 (SMP) end of day price 319.40, change 0.00
$5 DJIA (YM) end of day price 9,942 change -24

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:

Euro 0.7392 to U.S. Dollars 1.3528
Japanese Yen 101.79 to U.S. Dollars 0.0098
British Pound 0.5733 to U.S. Dollars 1.7444
Canadian Dollar 1.1001 to U.S. Dollars 0.9090
Swiss Franc 1.1461 to U.S. Dollars 0.8725

Commodity Markets:

Energy Sector: Light Crude (NYMEX: NYM) shed $6.07 on the day for a closing price of $87.81 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.19 on the day for a closing price of $2.47 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.52 on the day for a closing price of $6.84 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.17 on the day for a closing price of $2.06 a gallon ($US per gallon)

Metals Markets:

Gold Market Price (COMEX: CMX) gained $33.00 on the day for a closing price of $866.20 ($US per Troy ounce)
Silver (COMEX: CMX) shed $0.04 on the day for a closing price of $11.29 ($US per Troy ounce)
Platinum (NYMEX: NYM) gained $20.70 on the day for a closing price of $986.50 ($US per Troy ounce)
Copper (COMEX: CMX) shed $0.20 on the day for a closing price of $2.49 ($US per pound)

Livestock and Meat Markets (cents per lb.):

Lean Hogs (Chicago Mercantile Exchange: CME) gained 0.05 on the day for a closing price of 66.48
Pork Bellies (Chicago Mercantile Exchange: CME) shed 1.05 on the day for a closing price of 93.05
Live Cattle (Chicago Mercantile Exchange: CME) shed 3.00 on the day for a closing price of 94.78
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 3.00 on the day for a closing price of 97.80

Other Commodities (cents per bushel):

Corn (Chicago Board of Trade: CBT) shed 30.00 on the day for a closing price of 424.00
Soybeans (Chicago Board of Trade: CBT) shed 70.00 on the day for a closing price of 922.00

Bond Market:

2 year bond gained 13/32 on the day for a closing price of 101 2/32 with a Yield of 1.44, Yield Change -0.21
5 year bond gained 1 on the day for a closing price of 103 4/32 with a Yield of 2.45, Yield Change -0.21
10 year bond gained 1 6/32 on the day for a closing price of 104 13/32 with a Yield of 3.46, Yield Change -0.14
30 year bond gained 2 7/32 on the day for a closing price of 108 30/32 with a Yield of 3.98, Yield Change -0.12

Thanks for reading
Millennium-Traders.Com

[MTnews]

October 7, 2008

At the closing bell, major market indices ended the session at their lows of the day and triple digit losses were in place. The DOW gave up over 500 points again by the end of the trading day today.

Economic data released today:

Consumer Credit:

U.S. Consumer Credit declines for first time in 10 years during August; U.S. Consumer Credit August decline is first drop since January 1998; U.S. August Consumer Credit decreased $7.9 Billion; July Consumer Credit Revised to up $5.2 Billion from up $4.6 Billion. Rate of borrowing by Americans declined for the first time in 10 years during the month of August which is a clear sign of building stress on household finances. According to a report from the U.S. Federal Reserve, outstanding consumer credit decreased by $7.9 billion during the month of August to $2.577 trillion. Data follows a $5.2 Billion consumer credit increase during July which is an upward revision from a previously estimated $4.6 billion increase. August credit fell far short of Wall Street predictions with a prior forecast of $6.0 billion increase in credit for the month. The 3.7 percent drop was the first decline since January 1998 when credit fell 4.3 percent or $4.7 billion. Slowdown suggests financial stress on U.S. households and borrowing tends to slow with softer spending during a weakened economy. Consumer credit data excludes home mortgages and other real estate-secured loans as these tend to be highly volatile, month to month and are frequently revised. Revolving debt which mostly reflects credit-card financing fell for month of August at a seasonally adjusted annual rate of 0.8 percent or $612 million to $969 billion. Credit during July rose 5.0 percent or $4.0 billion which is revised from an originally reported increase of $3.9 billion. Some households relied on credit cards to fight off higher food and oil prices, declining home values and tightened credit conditions. Non-revolving credit decreased during month of August at a seasonally adjusted annual rate of 5.4 percent or $7.3 billion to $1.608 trillion. Credit during July climbed 0.9 percent or $1.2 billion which was revised from originally reported $678 million advance. Non-revolving credit is mainly automobile loans.

FOMC Minutes:

Cite risks to growth, inflation; intensified financial market strains could hurt economy; expected inflation to moderate this year, next year; inflation outlook remains highly uncertain; credit, energy, housing seen weighing on economy; lowered forecast slightly for 2009 real GDP; saw real GDP rising slowly in 4Q, faster in 2009; saw GDP growing less than potential; some FOMC Officials indicate decline of home prices might slow.

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 loss of 508.39 points on the day to end the trading session at 9,447.11
NYSE (New York Stock Exchange) triple digit loss of 366.53 points to end the trading session at 6,388.38
National Association of Securities Dealers Automated Quotations (NASDAQ) triple digit loss of 108.00 points to end the trading session at 1,754.01
S&P 500 loss of 60.66 points to end the trading session at 996.23
FTSE All-World excluding U.S. loss of 5.25 points to end the trading session at 169.10
FTSE RAFI 1000 triple digit loss of 268.85 points to end the trading session at 3,934.05
BEL 20 (BEL20) loss of 58.9 points to end the trading session at 2,508.69
CAC 40 (CAC40) gain of 20.24 points to end the trading session at 3,732.22
FTSE100 (UKX100) gain of 16.03 points to end the trading session at 4,605.22
NIKKEI 225 (NIK/O) triple digit loss of 317.19 points to end the trading session at 10,155.90

New York Stock Exchange (NYSE) stock market indicators for the day:

Advanced stock prices 426 declined stock prices 2,847; unchanged stock prices 34; stock prices hitting new highs 4 and stock prices hitting new lows 1,040.

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: Apartment Investment and Management (NYSE: AIV) stock price shed 9.50 points on the trading session, high on the trading session $34.94, low on the trading session $25.50 with a closing stock price at $25.50.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:

Advanced stock prices 539; declined stock prices 2,427; unchanged stock prices 103; stock prices hitting new highs 5; stock prices hitting new lows 684.

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: G&K Services Incorporated (NasdaqGS: GKSR) stock price shed 3.62 points on the trading session, high on the trading session $29.10, low on the trading session $24.49 with a closing stock price at $26.39; People Support Incorporated (NasdaqGS: PSPT) stock price shed 2.76 points on the trading session, high on the trading session $11.38, low on the trading session $8.95 with a closing stock price at $9.25; Google Incorporated (NasdaqGS: GOOG) stock price shed 25.20 points on the trading session, high on the trading session $374.98, low on the trading session $345.37 with a closing stock price at $346.01; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 32.31 points on the trading session, high on the trading session $147.66, low on the trading session $125.52 with a closing stock price at $127.40.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:

Advanced stock prices 376; declined stock prices 867; unchanged stock prices 78; stock prices hitting new highs 31; stock prices hitting new lows 428.

Chicago Board of Trade Futures Market activity for the day, at time of this posting for December 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,006.25 change 0.50
E-mini NASDAQ-100 (NQ) end of day price 1,339.50, change 3.00
E-mini S&P SmallCap 600 (SMP) end of day price 300.70, change 0.00
$5 DJIA (YM) end of day price 9,531 change -7

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:

Euro 0.7355 to U.S. Dollars 1.3597
Japanese Yen 101.42 to U.S. Dollars 0.0099
British Pound 0.5726 to U.S. Dollars 1.7465
Canadian Dollar 1.1053 to U.S. Dollars 0.9047
Swiss Franc 1.1391 to U.S. Dollars 0.8779

Commodity Markets:

Energy Sector: Light Crude (NYMEX: NYM) gained $2.25 on the day for a closing price of $90.06 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) gained $0.03 on the day for a closing price of $2.51 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.07 on the day for a closing price of $6.77 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) no change on the day for a closing price of $2.06 a gallon ($US per gallon)

Metals Markets:

Gold Market Price (COMEX: CMX) gained $15.80 on the day for a closing price of $882.00 ($US per Troy ounce)
Silver (COMEX: CMX) gained $0.10 on the day for a closing price of $11.38 ($US per Troy ounce)
Platinum (NYMEX: NYM) gained $34.20 on the day for a closing price of $1,020.70 ($US per Troy ounce)
Copper (COMEX: CMX) gained $0.04 on the day for a closing price of $2.53 ($US per pound)

Livestock and Meat Markets (cents per lb.):

Lean Hogs (Chicago Mercantile Exchange: CME) gained 0.43 on the day for a closing price of 66.90
Pork Bellies (Chicago Mercantile Exchange: CME) gained 0.30 on the day for a closing price of 93.35
Live Cattle (Chicago Mercantile Exchange: CME) gained 0.33 on the day for a closing price of 95.10
Feeder Cattle (Chicago Mercantile Exchange: CME) gained 0.85 on the day for a closing price of 98.65

Other Commodities (cents per bushel):

Corn (Chicago Board of Trade: CBT) shed 7.00 on the day for a closing price of 417.00
Soybeans (Chicago Board of Trade: CBT) gained 4.00 on the day for a closing price of 926.00

Bond Market:

2 year bond shed 1/32 on the day for a closing price of 101 2/32 with a Yield of 1.45, Yield Change 0.02
5 year bond shed 1/32 on the day for a closing price of 103 4/32 with a Yield of 2.45, Yield Change 0.01
10 year bond shed 13/32 on the day for a closing price of 104 2/32 with a Yield of 3.50, Yield Change 0.05
30 year bond shed 26/32 on the day for a closing price of 108 8/32 with a Yield of 4.02, Yield Change 0.05

Thanks for reading
Millennium-Traders.Com

[stock4beginners]

Thank you for the update. I am glad people like you are volunteering to educate the others who are clueless to current updates. Furthermore it is good to note that investors are keeping in touch with each other through the bad times.