PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Millennium-Traders

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Market Commentary for April 19, 2007 from Millennium-Traders.com - Written for day traders, active traders and investors. A review of the market activity for the day, economic data plus, world news
Market Commentary for April 19, 2007 from Millennium-Traders.com

 

NewswireToday - /newswire/ - Somerset, PA, United States, 2007/04/19 - Written for day traders, active traders and investors. A review of the market activity for the day, economic data plus, world news.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Brokerage/Trading Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The markets were mixed through most of the session, with a push and pull from the Bulls and the Bears even into the closing bell. At the closing bell, here is how the major indices ended the session: the DOW (Dow Jones Industrial Average) moved higher today by 4.79 points to end the session at 12808.63; the NYSE (New York Stock Exchange) posted a loss today of 9.94 points to end at 9601.69; the NASDAQ moved lower by 5.15 points today for a close at 2505.35; the S&P 500 moved lower by 1.77 points to end at 1470.73 and the RUSSELL 2000 moved lower by 5.06 points to close at 819.32.
The FTSE All-World Index ex-US (top Large/Mid Cap aggregate from over 2,700 stocks from the FTSE Global Equity Index Series (GEIS) which covers 90% of the worlds investable market capitalization) moved lower by 0.58 to close at 252.82 and the FTSE RAFI 1000 closed lower by 10.69 at 6,173.89.

Economic data released for the day:

Jobless Claims: A weekly compilation of new unemployment claims to show the number of individuals who filed for unemployment insurance for the first time. The condition of the labor market is determined by an increase of the number of claims which suggests a deteriorating labor market. U.S. Jobless Claims fell by 4K to 339K for week of April 14th compared to survey of a drop by 22K and U.S. Continuing Claims for week of April 7th rose by 6K to 2,531,000.

Leading Indicators: Ten economic indicators are compiled by the Conference Board that should lead overall economic activity. In the past 30 years the data has been revised many times especially when it has not done a good job of predicting turning points in the economy. U.S. Conference Board data released today: March Lagging Index rose by 0.1%; March Leading Index rose by 0.1% and March Coincident Index rose by 0.1%.

EIA Natural Gas Report: Weekly information provided by the EIA (Energy Information Administration) on natural gas stock piles in underground storage in the United States and three regions of the country. Prices for natural gas products are determined by the level of inventories. Weekly change in Natural Gas Inventories for week of April 14th came in with a drop by 46 Bcf.

Philadelphia Fed Survey: Philadelphia Federal Reserve district releases general conditions index from the business outlook survey which is a diffusion index of manufacturing conditions in the district. As released today for the Philadelphia Fed: April New Orders came in at 2.8 versus March reading of 1.9; April Business Index came in at 0.2 versus March reading of 0.2; April Business Index was expected to come in at 2.5; April Price Paid came in at 24.3 versus March reading of 21.8; April Price Received came in at 5.2 versus March reading of 16.3 and April Employment came in at 2.5 versus March reading of 2.3.

On the commodities markets, the trend was mostly lower across the board today for the Energy sector: Light crude moved lower by $1.03 today to close at $61.83 a barrel; Heating Oil moved lower by $0.01 to close at $1.81 a gallon; Natural Gas closed with no change at $7.63 per million BTU and Unleaded Gas closed higher by $0.01 today at $2.09 a gallon.

Metals Market ended the session mixed across the board again today: Gold moved lower by $5.00 to close at $688.30 an ounce; Silver moved lower today by $0.24 to end the session at $13.74 an ounce; Platinum moved higher today by $2.90 to close at $1,309.80 an ounce and Copper ended the day lower by $0.03 to end at $3.60 per pound.

On the Livestock and Meat Markets, the trend was mixed across the board again today: Lean Hogs moved higher today by 1.00 at 77.60; Pork Bellies ended the day higher by 1.68 to close at 104.88 Live Cattle moved lower by 0.10 to end the day at 92.73 and Feeder Cattle ended the day lower by 0.13 to close at 111.15.

Other Commodities: Corn moved higher today with a gain of 7.00 points to end at 382.25 and Soybeans moved higher today by 2.75 to close at 735.00.

Bonds were lower across the board today: 2 year bond closed lower by 1/32 at 99 23/32; 5 year bond closed lower by 1/32 at 99 22/32; 10 year bond closed lower by 5/32 at 99 20/32 and the 30 year bond closed lower by 10/32 at 98 20/32.

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 3,202,089; Open Interest for Futures moved lower by 47,952 points to close at 9,697,823; the Open Interest for Options moved higher by 66,462 points to close at 8,012,357 and the Open Interest for OTC moved lower by 48 points to close at 4,443 for a total Open Interest of 17,714,623 for a total gain on the day by 18,462.

The e-mini Dow ended the session higher by 10 at 12868. The total Dow Exchange Volume for the day came in at 131,470 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.

On the NYSE today, advancers came in at 1,393; decliners totaled 1,802; unchanged came in at 166; new highs came in at 261 and new lows came in at 9 New York Stock Exchange movers for the day today: Imation Corporation (IMN) fell sharply on the Big Board by 12.33% for a loss on the day of 5.09 points to end the session at $36.20; PPG Industries Incorporated (PPG) climbed higher by 4.58 points to close the day at $75.50; Textron Incorporated (TXT) gained 4.80 points for a closing price of $100.57; WEXCO International Incorporated (WCC) fell by 5.09 points to end the session at $61.20; Trina Solar Limited American Depository (TSL) fell by 12.03% for a loss on the day by 7.66 points to close at $56.02.

On the NASDAQ today, advancers came in at 1,085; decliners totaled 1,919; unchanged came in at 157 new highs came in at 81 and new lows came in at 54. Gainers and losers for the day on the NASDAQ: AVANIR Pharmaceuticals (AVNR) fell by 23.41% to shed 1.21 points for a closing price at $3.97; I-Flow Corporation (IFLO) gained a nice 14.13% for a rise on the day by 2.05 points for a closing price of $16.63; Avici Systems Incorporated (AVCI) shed a large 27.92% for a loss on the day of 3.78 points to end the trading session at $9.76; Spansion Incorporated (SPSN) gave up 19.60% for a loss of 2.44 points to end at $10.04 and Smith Micro Software Incorporated (SMSI) plummeted by 16.73% to give up 3.30 points to end the session at $16.42.

Join other Day traders each market day in our Day Trading Chat Rooms for Stocks, Futures, Commodities and the Forex markets. Sign up today for a One Week Free Trial to participate in the live trading action for Stocks, Futures, Commodities and Futures Trading. One week trials close automatically at the end of 7 days and potential subscribers can view additional savings for each service from the specific Subscription pages for out Trading Rooms.

Track the performance of our Stocks, Futures and Forex Trading Rooms from our Performance Index. Visitors may also view performance for our Swing Trades and Morning Watch List (aka: Daily Swing Trades) services as well. Read how our Trading Rooms operate by accessing our Introduction to Our Day Trading Rooms page.

We offer a Weekly Newsletter at no cost to subscribers, sent via email which includes a recap of activity for our moderators and the markets. To participate in this opt-in emailing, simply click Subscribe to begin receiving our Weekly Newsletter.

If there is a subject or issue you would like to see covered on our Daily Commentary, send an email via our Contact Us page with details of your request to be reviewed by our editorial staff.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Brokerage/Trading Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Millennium-Traders

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Brokerage/Trading articles,
CATCH Visitors via Your Competitors Announcements!


Market Commentary for April 19, 2007 from Millennium-Traders.com

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: MTnews - Millennium-Traders.com 
814-445-1035 support[.]millennium-traders.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Millennium-Traders securities in any jurisdiction including any other companies listed or named in this release.

Brokerage/Trading via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Millennium-Traders / Company Profile


Read Brokerage/Trading Most Recent Related Newswires:

SRMEX's Vice Chairman Eikichi Hirano About the Gradual Expansion of Capital Market
Xtrade Wins Best Broker in the Middle East Award
Russian Foreign Trade Reports on Russian Trade with North American Countries Q1 2016
DarkMaindFX Introduces the Beta Version of its Economic Indicator Services
Hermes International Expo to Celebrate 25th Anniversary in Delaware County
GoldSilver Central Approved As Singapore Bullion Market Association Member
OANDA Acquires Tradestation Forex Accounts
[TYPO FOUND BY SYSTEM] Beeline Broking Ltd Launches 'Tailor Made Brokerage Plan'
Signals365.com Announces Key Features - Makes it the Best Binary Options Signals Service
Binary Options Signals from Signals365.com Helps Traders to Get Higher Win-Rate
/RC/ Van Ecker Couder Associates Announce Expansion Program
/RC/ Voth Nixon Group Bolsters Deferred Income Annuity
Grant Becker Associates Chalks Up Another Successful Year of CSR Activities
Evanson Asset Management Dividend Stocks to Safeguard An All-weather Portfolio
AKFinancials Announces its 2015 Forex Course Schedule

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)