PRZOOM - /newswire/ -
Somerset, PA, United States, 2006/11/20 - Written for day traders, active traders and investors. A review of the market activity for the day, economic data plus, world news.
The markets were in a combo mode today; partially whipotile and partial tight trading ranges with minimal action. Ahead of the Thanksgiving Day holiday, which makes for a shortened trading week, traders are expected to begin heading out for the weekend, creating potentially difficult trading action for day traders and investors. At the closing bell today, here is how the major indices rapped up the session: the DOW (Dow Jones Industrial Average) fell 26.02 points to end the day at 12316.54; the NYSE (New York Stock Exchange) gave up 13 points to close at 8884.17 on the day; the NASDAQ moved higher by 6.86 points to end at 2452.72 on the session; the S&P 500 (Standard & Poor’s 500 Index) fell by 0.70 points to close at 1400.50 and the RUSSELL 2000 moved higher by 2.15 points to close at 790.62. 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 higher by 0.07 to close at 230.54 and the FTSE RAFI 1000 moved lower by 5.27 points to close at 5816.19.
Economic data released for the day:
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. Month over month change for Leading Indicators came in at 0.2% compared to consensus of 0.3%.
On the commodities markets, the trend was mixed again across the board today: Light crude remained at $55.81 a barrel; Brent Crude remained at $59.46 a barrel; Heating Oil closed with no change at $1.72 a gallon; Natural Gas ended the day lower by $0.10 to end the day at $8.42 per million BTU and Unleaded Gas closed at $1.54 a gallon with a gain of $0.01.
Metals ended the session mixed as well, across the board today: Gold moved lower by $0.40 to close at $622.10 an ounce; Silver closed lower by $0.06 at $12.74 an ounce; Platinum made a big time rally by moving higher by $42.20 to close at $1,234.30 an ounce and Copper ended the day lower by $0.01 to close at $3.08 per pound.
On the Livestock and Meat markets, the trend was mixed across the board again today: Lean Hogs moved higher by 1.03 to close at 65.95; Pork Bellies closed higher by 0.75 to end the day at 93.38; Live Cattle moved higher by 0.40 to end the day at 90.63 and Feeder Cattle ended the day lower by 0.70 to close at 97.68.
Other Commodities: Corn moved higher by 4.50 again today to close at 375.00 and Soybeans moved higher by 7.00 to close at 667.50.
Bonds were mixed across the board today: 2 year Bond closed with a loss of 1/32 at 100 5/32; 5 year bond with no change at 100 6/32; 10 year bond moved higher by 1/32 to end the day at 100 6/32 and the 30 year bond closed higher by 5/32 at 97 4/32.
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 4,027,742. Open Interest for Futures rose by 19,714 to close at 8,871,369 and the Open Interest for Options moved higher by 11,916 to close at 8,531,684 for a total Open Interest of 17,703,053 for a total gain on the day by 31,630. The mini Dow ended the session with a loss of 6 to close at 12346. The total Dow Exchange Volume for the day came in at 94,527 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.
New York Stock Exchange movers for the day: Chicago Mercantile Exchange Holdings (CME) moved higher on the day by 6.60 to close at $541.60; United States Steel Corporation (X) moved higher by 2.18 points to close at $72.75 on the day; Intercontinental Exchange Incorporated (ICE) fell by 3.52 points to end the day at $97.68; Mentor Corporation (MNT) moved higher by 5.20 points to end the day at $52.78 and Allergan Incorporation (AGN) rallied higher by 8.82 points to close at $121.32 for the session.
On the NASDAQ today, advancers came in at 1,526; decliners totaled 1,513; unchanged came in at 167; new highs came in at 171 and new lows came in at 30. Gainers and losers for the day on the NASDAQ: Wynn Resorts Limited (WYNN) moved higher by 1.83 points to close at $89.96; E-Future Information (EFUT) rallied higher by 7.50 points to end the session at $41.30; CoTherix Incorporated (CTRX) moved higher by 2.22 points to end the day at $13.42; International Assets Holding Corporation (IAAC) moved higher by 3.61 points to close at $32.59 and Cyberonics Incorporated (CYBX) climbed 2.59 points to close at $24.17 on the day.
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