Bail Out Plan
Daily Market Commentary for October 2, 2008 from Millennium-Traders.Com
For those of you who have not already read the terms of the Rescue Plan, you may access the Congressional Bailout Bill by (clicking here)
http://www.millennium-traders.com/news/newscommentary.aspx
Economic data released today:
Jobless Claims:
U.S. Jobless Claims increased by 1K to 497K for week of September 27 compared to survey of a drop by 18K; U.S. Continuing Claims for week of September 20 increased by 48K to 3,591,000; U.S. Jobless Claims for week of September 20 Revised to 496K from 493K; Labor Department stated that Hurricanes Ike as well as Gustav that they added 45K to unadjusted claims; U.S. Jobless Claims were highest since September 2001.
Factory Orders:
US Factory Orders fell by 4.0 percent in August compared to consensus of a drop by 3.0 percent; August Factory Orders, Excluding Transportation fell by 3.3 percent; August Factory Orders, Excluding Defense fell 4.2 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) triple digit loss of 348.22 points on the day to end the trading session at 10,482.85
NYSE (New York Stock Exchange) triple digit loss of 364.24 points to end the trading session at 7,155.71
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 92.68 points to end the trading session at 1,976.72
S&P 500 loss of 46.78 points to end the trading session at 1,114.28
FTSE All-World excluding U.S. loss of 6.62 points to end the trading session at 186.68
FTSE RAFI 1000 triple digit loss of 177.25 points to end the trading session at 4,467.42
BEL 20 (BEL20) gain of 24.6 points to end the trading session at 2,741.08
CAC 40 (CAC40) loss of 91.26 points to end the trading session at 3,963.28
FTSE100 (UKX100) loss of 89.25 points to end the trading session at 4,870.34
NIKKEI 225 (NIK/O) triple digit loss of 213.5 points to end the trading session at 11,154.76
New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 495 declined stock prices 2,729; unchanged stock prices 51; stock prices hitting new highs 5 and stock prices hitting new lows 531.
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: Devon Energy Corporation (NYSE: DVN) stock price shed 6.44 points on the trading session, high on the trading session $88.38, low on the trading session $82.52 with a closing stock price at $83.10; Rio Tinto (NYSE: RTP) stock price shed 35.49 points on the trading session, high on the trading session $240.83, low on the trading session $218.75 with a closing stock price at $218.75; Walter Industries Incorporated (NYSE: WLT) stock price shed 9.81 points on the trading session, high on the trading session $44.75, low on the trading session $35.01 with a closing stock price at $35.50; Massey Energy Company (NYSE: MEE) stock price shed 6.54 points on the trading session, high on the trading session $33.00, low on the trading session $27.00 with a closing stock price at $27.33; Con-way Incorporated (NYSE: CNW) stock price shed 8.78 points on the trading session, high on the trading session $38.73, low on the trading session $33.22 with a closing stock price at $34.16; CF Industries Holdings Incorporated (NYSE: CF) stock price shed 30.64 points on the trading session, high on the trading session $78.31, low on the trading session $54.12 with a closing stock price at $58.00; Mosaic Company (NYSE: MOS) stock price shed 27.86 points on the trading session, high on the trading session $52.59, low on the trading session $39.41 with a closing stock price at $39.65; Weingarten Realty Investors (NYSE: WRI) stock price shed 2.74 points on the trading session, high on the trading session $33.95, low on the trading session $32.29 with a closing stock price at $32.34; Agrium Incorporated (NYSE: AGU) stock price shed 13.29 points on the trading session, high on the trading session $48.28, low on the trading session $40.75 with a closing stock price at $41.61; Murphy Oil Corporation (NYSE: MUR) stock price shed 7.88 points on the trading session, high on the trading session $60.18, low on the trading session $52.37 with a closing stock price at $53.35; MasterCard Incorporated (NYSE: MA) stock price shed 11.21 points on the trading session, high on the trading session $169.79, low on the trading session $157.59 with a closing stock price at $160.13; Monsanto Company (NYSE: MON) stock price shed 14.34 points on the trading session, high on the trading session $87.30, low on the trading session $77.10 with a closing stock price at $83.50.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 557; declined stock prices 2,390; unchanged stock prices 85; stock prices hitting new highs 4; stock prices hitting new lows 381.
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: Agilysys Incorporated (NasdaqGS: AGYS) stock price shed 2.30 points on the trading session, high on the trading session $9.57, low on the trading session $5.82 with a closing stock price at $7.17; Immucor Incorporated (NasdaqGS: BLUD) stock price shed 1.62 points on the trading session, high on the trading session $33.80, low on the trading session $30.24 with a closing stock price at $30.45; Apple Incorporated (NasdaqGS: AAPL) stock price shed 8.07 points on the trading session, high on the trading session $108.79, low on the trading session $100.00 with a closing stock price at $101.05.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 256; declined stock prices 930; unchanged stock prices 60; stock prices hitting new highs 18; stock prices hitting new lows 241.
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 1,125.00 change 0.50
E-mini NASDAQ-100 (NQ) end of day price 1,508.25, change -2.25
E-mini S&P SmallCap 600 (SMP) end of day price 341.80, change 0.00
$5 DJIA (YM) end of day price 10,559 change 2
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7239 to U.S. Dollars 1.3815
Japanese Yen 105.19 to U.S. Dollars 0.0094
British Pound 0.5675 to U.S. Dollars 1.7621
Canadian Dollar 1.0762 to U.S. Dollars 0.9292
Swiss Franc 1.1358 to U.S. Dollars 0.8804
Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $4.56 on the day for a closing price of $93.97 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.14 on the day for a closing price of $2.71 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.25 on the day for a closing price of $7.48 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.11 on the day for a closing price of $2.26 a gallon ($US per gallon)
Metals Markets:
Gold Market Price (COMEX: CMX) shed $43.00 on the day for a closing price of $844.30 ($US per Troy ounce)
Silver (COMEX: CMX) shed $1.65 on the day for a closing price of $11.12 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $56.50 on the day for a closing price of $986.60 ($US per Troy ounce)
Copper (COMEX: CMX) shed $0.16 on the day for a closing price of $2.63 ($US per pound)
Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) shed 1.78 on the day for a closing price of 65.95
Pork Bellies (Chicago Mercantile Exchange: CME) shed 0.20 on the day for a closing price of 91.95
Live Cattle (Chicago Mercantile Exchange: CME) shed 2.40 on the day for a closing price of 98.8
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 3.00 on the day for a closing price of 100.60
Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 30.00 on the day for a closing price of 484.00
Soybeans (Chicago Board of Trade: CBT) shed 49.00 on the day for a closing price of 1,004.00
Bond Market:
2 year bond gained 13/32 on the day for a closing price of 100 22/32 with a Yield of 1.63, Yield Change -0.21
5 year bond gained 30/32 on the day for a closing price of 102 2/32 with a Yield of 2.67, Yield Change -0.20
10 year bond gained 25/32 on the day for a closing price of 102 28/32 with a Yield of 3.64, Yield Change -0.10
30 year bond gained 27/32 on the day for a closing price of 105 20/32 with a Yield of 4.16, Yield Change -0.15
Thanks for reading
Millennium-Traders.Com
http://www.millennium-traders.com
Related Tags: day trading, forex trading, futures trading, swing trading, stocks trading
Your Article Search Directory : Find in Articles
Recent articles in this category:
- The Worldwide Credit Crisis
Recently in the UK Lloyds TSB has merged with the HBOS group which includes the old Halifax b - Citigroup
Daily Market Commentary for November 24, 2008 from Millennium-Traders.ComA very important question - World Leaders
Daily Market Commentary for November 14, 2008 from Millennium-Traders.ComDuring the upcoming weeken - The New Face of Indian Banks
The assassination of former Prime Minister Mr. Rajiv Gandhi seized the entire country into a grievo - Daycare Center Loans - Current Conditions
With major national daycare center lenders like UPS and CIT now out until further notice, many chil - The Best and Newest Features of Internet (online) Banking
Do you still queue up in the bank to pay your credit card bills or patiently wait for your bank sta - Bristol County Savings Bank Names Roger A. Cabral a Vice President of Commercial Banking
DATELINE: TAUNTON, MA... Bristol County Savings Bank recently announced the appointment of Roger - Commercial Loan Business - Commercial Bankers Perspective
We get a lot of questions regarding the commercial loan business. Many are from our peers that wa - Finally a Much Relief for the Entrepreneurs After a Long Wait
If we have a close look at the financial sector comprising of Banking services in India, we would b - Ben Bernanke
Daily Market Commentary for October 15, 2008 from Millennium-Traders.ComFederal Reserve Chairman Be
Most viewed articles in this category:
- That Was Then This is Now: E-Commerce And Online Banking
It's hard to believe that not all that long ago - in the distant past - there was no such thing as - Bank Basics: A Short History of Financial Institutions
For centuries, banks have influenced the economies and politics of the world. Traditionally, banks - What Pisses Me Off About the Financial Meltdown of Lehman Brothers, Aig, Washington Mutual and Other Collapsing Businesses
Lehman Brothers went bankrupt, AIG is being bailed out by the Federal Government, the Fed is lookin - Bank Basics: Understanding the Various Types of Banks
Banking has changed in many ways through the centuries. The oldest forms of banking were often simp - Benefits and Disadvantages of Internet Banking
If you fit in to the generation that is habitual of sitting in front of computers and doing all yo - Are Your Finances Prepared to Weather an Unexpected Storm?
Hurricane Katrina taught some important lessons three years ago. Most importantly, preparedness whe - Basics Of Home And Commercial Mortgage
A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mor - Finance
Finance :The main techniques and sectors of the financial industry: An entity whose income exceeds - Types Of Loans And The Factors Which Effect Them
A loan is a type of debt. This article focuses exclusively on monetary loans, although, in practice - Economic Crisis
Daily Market Commentary for September 24, 2008 from Millennium-Traders.ComEconomic stability of the