PRZOOM - /newswire/ -
Somerset, PA, United States, 2006/10/20 - Written for day traders, active traders and investors. A review of the market activity for the day, economic data plus, world news.
Another non eventful day for a typical Friday with light to moderate volume and tight trading ranges. Major indices bounced in and out of the red zone and here is how they rapped up the final session for the week: the DOW (Dow Jones Industrial Average) shed almost 9 ½ points but closed above the 12000 mark again today; the NYSE (New York Stock Exchange) lost almost 1 ½ points on the session; the NASDAQ gained almost 1 ½ points; the S&P 500 moved higher by almost one point and the RUSSELL 2000 moved higher by less than a quarter point. 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 under one point and the FTSE RAFI 1000 moved higher by just over 3 points on the day.
Economic data released for the day: None for the day.
On the commodities markets, the trend was mixed across the board today: Light crude fell by $1.17 to close at $59.33 a barrel; Brent Crude ended the day higher by $1.29 at $60.87 a barrel; Heating Oil moved lower on the session by $0.04 to close at $1.72 a gallon; Natural Gas ended the day higher by $0.03 at $8.31 per million BTU and Unleaded Gas fell $0.02 to close at $1.47 a gallon.
Metals ended the session lower across the board: Gold fell sharply by $6.10 to close at $596.40 an ounce; Silver moved lower by $0.20 to close at $11.97 an ounce; Platinum plummeted by $12.70 to close at $1,082.10 an ounce and Copper ended the day lower by $0.05 to close at $3.46 per pound.
On the Livestock and Meat markets, the trend was mostly higher on the session: Lean Hogs moved higher by 0.68 to close at 59.35; Pork Bellies closed higher by 0.03 to end the day at 87.53; Live Cattle moved lower by 0.13 to end the day at 87.08 and Feeder Cattle ended higher by 0.15 to close at 103.53.
Bonds were mixed across the board today: 2 year Bond closed flat at 99 17/32; 5 year bond closed flat at 98 29/32; 10 year bond moved higher by 1/32 to end the day at 100 22/32 and the 30 year bond closed higher by 2/32 at 93 22/32.
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 2,804,333. Open Interest for Futures rose by 4,892 to close at 8,775,459 and the Open Interest for Options moved higher by 63,556 to close at 7,675,018 for a total Open Interest of 16,450,477 for a total gain on the day by 68,448. The mini Dow ended the session with a loss of 8 to close at 12051. The total Dow Exchange Volume for the day came in at 107,849 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.
NYSE (New York Stock Exchange) movers for the day: Chicago Mercantile Exchange Holdings (CME) fell sharply for a loss on the day of 9.41 points or 1.85%; Martin Marietta Materials Incorporated (MLM) gave up 2.71 points for a loss of 2.99%; Caterpillar Incorporated (CAT) lost 9.74 points for a loss on the day of 14.11%; Terex Corporation (TEX) shed 4.98 points for a loss of 9.01%; UnionBanCal Corporation (UB) shed 4.71 points for a loss of 7.60%; Vulcan Materials Company (VMC) gave up 4.70 points for a loss of 5.58% and Graham Corporation (GHM) lost 4.30 points for a loss on the day of 24.93%.
On the NASDAQ today, advancers came in at 1,190; decliners totaled 1,842; unchanged came in at 155; new highs came in at 121 and new lows came in at 23. Gainers and losers for the day on the NASDAQ: Google Incorporated (GOOG) rallied higher by 33.69 points for a gain of 7.92% on the day; Synaptics Incorporated (SYNA) climbed higher by 4.03 points to tack on a gain of 16.60%;
SanDisk Corporation (SNDK) fell sharply by 12.53 points for a loss of 20.23%;
Broadcom Corporation (BRCM) fell 1.45 points to lose 5.01% on the day; Xilinx Incorporated (XLNX) climbed higher by 1.37 points for a gain of 5.73% and Informatica Corporation (INFA) fell 1.46 points for a loss of 10.69%.
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