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 March 16, 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 March 16, 2007 from Millennium-Traders.com

 

PRZOOM - /newswire/ - Somerset, PA, United States, 2007/03/16 - 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!


 

For Quadruple witching, trading volume was moderate with very tight trading ranges. With another major winter storm moving toward the North East, traffic could be snarled over the next day or so. At the close, here is how the major indices ended the session: the DOW (Dow Jones Industrial Average) moved lower today by 49.27 points to end the session at 12110.41; the NYSE (New York Stock Exchange) moved lower by 22.24 points to end at 8983.01; the NASDAQ moved lower by 6.04 points to close at 2372.66; the S&P 500 moved lower by 5.33 points to end at 1386.95 and the RUSSELL 2000 moved lower by 4.84 points to close at 778.77. 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 0.32 to close at 236.12 and the FTSE RAFI 1000 moved lower by 26.65 to close at 5825.99.

Economic data released for the day:

Quadruple Witching: Today, all contracts expire for stock index futures, stock index options, stock options and single stock futures.

Consumer Price Index (CPI): The measure of the average price level of a fixed basket of goods and services purchased by consumers; monthly changes represent the rate of inflation. U.S. February Consumer Prices rose by 0.4% versus consensus of an increase by 0.3%; U.S. February CPI Excluding Food and Energy rose by 0.2% versus consensus of an increase by 0.2%; U.S. February CPI Unrounded rose by 0.371%; U.S. February CPI Core rose by 0.241%; U.S. February CPI Energy Prices rose by 0.9%; U.S. February CPI Food Prices rose by 0.8% and U.S. Real Average Weekly Earnings fell by 0.3% in February.

Industrial Production: The physical output of the nation’s factories, utilities and mines. The Industrial sector accounts for less than one fifth of the economy with a mostly cyclical variation. The usage of available resources amount utilities, mines and factories is the capacity utilization rate. A warning sign of inflationary pressure is detected by an increase operating rate. U.S. February Industrial Production rose by 1.0% versus consensus of an increase by 0.3%; U.S. February Capacity Utilization rose by 0.6 points at 82.0% versus consensus of 81.3%; U.S. January Industrial Production was revised down by 0.3% from down by 0.5% and U.S. January Capacity Utilization was revised to 81.4% from 81.2%.

Consumer Sentiment: 500 households are surveyed by The University of Michigan’s Consumer Survey Center, on their financial conditions and attitudes about the economy. The strength of consumer spending is directly related to consumer sentiment. University of Michigan Consumer Survey Report: 12-Month Inflation Forecast rose by 3.0%; February Inflation Forecast rose by 3.0%; 5-Year Inflation Forecast rose by 2.9%; February Inflation Forecast rose by 2.9; Mid-March Sentiment came in at 88.8; February Sentiment came in at 91.3 and Mid-March Current Index came in at 103.6; February Current Index came in at 106.7;

On the commodities markets, the trend was mostly lower across the board today for the Energy sector: Light crude moved lower by $0.44 today to close at $57.11 a barrel; Heating Oil had not change today to close at $1.69 a gallon; Natural Gas moved lower by $0.05 today to end at $7.05 per million BTU and Unleaded Gas closed higher by $0.03 at $1.91 a gallon.

Metals Market ended the session higher across the board again today: Gold moved higher by $6.80 to close at $653.90 an ounce; Silver closed the day higher by $0.14 to end the session at $13.22 an ounce; Platinum moved nicely higher today by $5.50 to close at $1,221.20 an ounce and Copper ended the day higher by $0.02 to close at $3.01 per pound.

On the Livestock and Meat Markets, the trend was lower across the board today: Lean Hogs closed lower by 1.33 at 74.58; Pork Bellies ended the day lower by 3.00 today to close at 102.85; Live Cattle moved lower by 1.48 to end the day at 94.28 and Feeder Cattle ended the day lower by 1.13 to close at 107.23.

Other Commodities: Corn moved higher today by 1.75 points to end at 399.50 and Soybeans moved higher today by 3.00 to close at 753.50.

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 3,505,398 Open Interest for Futures moved lower by 41,525 to close at 9,278,925 and the Open Interest for Options moved higher by 97,464 to close at 7,807,563 for a total Open Interest of 17,088,206 for a total gain on the day by 56, 005.

Bonds were lower across the board today: 2 year bond closed lower by 1/32 at 100 9/32; 5 year bond closed lower by 1/32 at 100 22/32; 10 year bond closed lower by 3/32 at 100 19/32 and the 30 year bond closed lower by 26/32 at 100 26/32.

The mini Dow ended the session lower by 49 at 12207. The total Dow Exchange Volume for the day came in at 188,298 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 with the big boys were on the move today: Chicago Mercantile Exchange Holdings (CME) fell today by 5.88 points for a closing price of $527.00; Trina Solar Limited (TSL) fell 5.00 to give up 10.76% to close at $41.49 on the day; CBOT Holdings Incorporated (BOT) gave up 4.95 points to end the session at $190.00 at the closing bell; Pre-Paid Legal Services Incorporated (PPD) fell sharply by 5.90 points to give up 11.04% to close at $47.55 and Manitowoc Company Incorporated (MTW) gained 4.18 points to close at $59.65.

On the NASDAQ today, advancers came in at 1,196; decliners totaled 1,814; unchanged came in at 141; new highs came in at 38 and new lows came in at 74. Gainers and losers for the day on the NASDAQ: Adams Respiratory Therapeutics Incorporated (ARXT) fell sharply by 23.47% to shed 8.84 points for a closing price at $28.82; DXP Enterprises Incorporated (DXPE) rallied higher by 6.10 points to tack on a gain of 18.49% to close at $39.10; Zoltek Companies Incorporated (ZOLT) moved higher by 3.18 points to end the day at $31.69 and Google Incorporated (GOOG) fell by 5.64 points to close at $440.55 for the day.

If you day trade Stocks or Futures and Commodities we offer professional One-on-One Training with one of our Expert Moderators. Sign up for your personalized Training Session today.

Track and review the Performance of our Team of Experts in our Trading Rooms, Morning Watch List and our Swing Trading Services. All Performance accessible from our Performance Index page.

If you’ve never tried our Day Trading Rooms before, sign up for a One Week Free Trial to see what you’ve been missing. No credit card is needed for our One Week Free Trial.

If there is a subject or issue you would like to see covered in our Daily Commentary, send an email via our Contact Us page with details 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!


 

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 March 16, 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