Free press releases distribution network?

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 January 23, 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 January 23, 2007 from Millennium-Traders.com

 

PRZOOM - /newswire/ - Somerset, PA, United States, 2007/01/23 - 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 dipped into negative territory through out the session but concluded that the green zone is where they wanted to end for the day. Trading volume was moderate however, volatility created whip action which was rather treacherous for the day trader today. Here is how the major indices stacked up at the bell: the DOW (Dow Jones Industrial Average) picked up 56.64 points to end the session at 12533.80; the NYSE (New York Stock Exchange) moved nicely higher 68.81 points to end at 9199.73; the NASDAQ moved slightly higher by 0.34 points to close at 2431.41; the S&P 500 gained 5.04 points to end at 1427.99 and the RUSSELL 2000 gained 7.42 points to close at 777.50. 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 0.91 to close at 240.62 and the FTSE RAFI 1000 moved higher by 18.65 points to close at 5967.23.

President of the Federal Reserve Bank of San Francisco Janet L. Yellen commented late yesterday: Central Banks not only factor for exchange markets; inflation expectations are 'well anchored'; inflation must come down, can do so gradually and no simple link between unemployment, inflation.

Richmond Fed: January Manufacturing Index fell by 11 versus December drop by 6; January Retail Revenues Index fell by 26 versus December drop by 3; January Services Revenues Index 1 versus December 8 and January Mfg Shipments Index fell by 13 versus December drop by 4.

Economic data released for the day:

ICSC-UBS Store Sales: Weekly measure of comparable store sales at major retail chains which is related to the general merchandise portion of retail sales, as reported by the International Council of Shopping Centers. This date accounts for approximately 10% of total retail sales. Week over Week Store Sales came in at 0.1% and Year over Year Store Sales came in at 4.8%.

Redbook: General merchandise portion of retail sales covering only approximately 10% of total retail sales, this data is a weekly measure of sales at department stores, chain stores and discounters. For week of January 20th, year over year change came in at 2.8%.

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: December Leading Index rose by 0.3%; U.S. Conference Board: December Coincident Index rose by 0.2% and U.S. Conference Board: December Lagging Index rose by 0.9.

State Street Investor Confidence Index: A measure of confidence created by looking at actual levels of risk in investment portfolios. Current month Global Index came in at 85.0 compared to December reading at 88.0 for a drop by 3.0. North American Index came in at 96.1 with a drop by 2.1; European Index came in at 92.0 with a drop by 5.0 and Asia-Pacific reading came in at 86.8 with a drop by 3.3.

On the commodities markets, the trend was higher across the board today: Light crude moved higher by $2.46 to close at $55.04 a barrel; Heating Oil closed higher by $0.07 at $1.59 a gallon; Natural Gas moved higher by $0.25 to end the day at $7.56 per million BTU and Unleaded Gas closed higher by $0.07 at $1.45 a gallon.

Metals ended the session with nice gains across the board today: Gold rallied higher by $11.80 to close at $645.90 an ounce; Silver closed higher by $0.26 at $13.26 an ounce; Platinum rallied higher by $18.10 to close at $1,183.20 an ounce and Copper ended the day higher by $0.05 to close at $2.58 per pound.

On the Livestock and Meat markets, the trend was mixed across the board today: Lean Hogs closed higher by 0.75 to close at 65.30; Pork Bellies closed the day higher by 0.18 at 96.05; Live Cattle closed lower by 0.18 to end the day at 92.70 and Feeder Cattle ended the day higher by 0.15 to close at 92.53.

Other Commodities: Corn moved higher today by 4.75 to close at 409.00 and Soybeans moved substantially higher by 10.00 to close at 727.25.

Bonds were lower across the board today: 2 year bond closed lower by 2/32 at 99 20/32; 5 year bond closed lower by 6/32 at 99 6/32; 10 year bond closed lower by 13/32 today to end at 98 17/32 and the 30 year bond closed lower by 27/32 at 93 24/32.

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 1,989,498. Open Interest for Futures fell by 32,155 to close at 8,989,324 and the Open Interest for Options moved higher by 62,215 to close at 7,767,190 for a total Open Interest of 16,757,676 for a total gain on the day by 30,060.

The mini Dow ended the session with a nice gain of 56 to close at 12590. The total Dow Exchange Volume for the day came in at 138,010 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) rallied higher by 14.35 points to close at $584.35 for the day; Rio Tinto plc (RTP) made a nice run today with a gain of 8.86 points to close at $212.76; Black Rock Incorporated (BLK) provided a very active trade today with a gain of 6.87 points to end the session at $176.15; Jacobs Engineering Group Incorporated (JEC) rallied today for a gain of 7.39 points to close at $87.85; Energizer Holdings Incorporated (ENR) rallied higher by 8.20 points for a close of $83.80 and AMREP Corporation (AXR) fell by 5.20 points today after giving up 29.21 points yesterday to close at $101.94 on the session.

On the NASDAQ today, advancers came in at 1,822; decliners totaled 1,193; unchanged came in at 162; new highs came in at 103 and new lows came in at 42. Gainers and losers for the day on the NASDAQ: Research In Motion Limited (RIMM) moved higher by 5.78 points to end at $126.99 for the day; UAL Corporation (UAUA) fell by 3.81 points for a closing price at $44.94; Commercial Bankshares Incorporated (CLBK) rallied higher by 10.87 points for a close at $48.37 and Chindex International Incorporated (CHDX) gained 3.07 points to end the day at $24.07.

Day trading and swing trading services provided by professionals for the newbie, rookie and veteran Day Trader and Swing Trader. One-on-One Training provided by qualified individuals on a scheduled basis.
One Week Free Trial is available for our Stocks Trading Room, Futures Trading Room and our Forex Trading Room.

 
 
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!


 

Agency / Source: Millennium-Traders

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

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


Market Commentary for January 23, 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 PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: MTnews - Millennium-Traders.com 
814-445-1035 support[.]millennium-traders.com
 
PRZOOM / PRTODAY - Newswire Today 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 Press Releases From Millennium-Traders / Company Profile


Read Brokerage/Trading Most Recent Related Press Releases:

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
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
/RC/ Van Ecker Couder Associates Announce Expansion Program
Evanson Asset Management Dividend Stocks to Safeguard An All-weather Portfolio

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | 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 entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today