Daily Market Commentary for July 30, 2008 from Millennium-Traders.Com

MBA (Mortgage Bankers Association) Purchase Applications data released today: Mortgage Applications fell a seasonally adjusted 14.1% last week, as applicants shrugged off lower interest rates on fixed-rate loans per the MBA today. (read more)

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) triple digit gain of 186.13 points on the day to end the trading session at 11,583.69
NYSE (New York Stock Exchange) triple digit gain of 146.11 points to end the trading session at 8,565.31
NASDAQ gain of 10.10 points to end the trading session at 2,329.72
S&P 500 gain of 21.06 points to end the trading session at 1,284.26
FTSE All-World excluding - U.S. gain of 3.70 points to end the trading session at 227.10
FTSE RAFI 1000 gain of 72.22 points to end the trading session at 5,028.32
BEL 20 (BEL20) gain of 39.08 points to end the trading session at 3,030.25
CAC 40 (CAC40) gain of 80.06 points to end the trading session at 4,400.55
FTSE100 (UKX100) triple digit gain of 101.6 points to end the trading session at 5,420.80
NIKKEI 225 (NIK/O) triple digit gain of 208.34 points on the day to end the trading session at 13,367.79

New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 2,070; declined stock prices 1,110; unchanged stock prices 94; stock prices hitting new highs 42 and stock prices hitting new lows 55.
NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Transocean Incorporated (NYSE: RIG) stock price gained 8.71 points on the trading session, high on the trading session $141.86, low on the trading session $132.10 for a closing stock price at $141.83; CF Holdings Incorporated (NYSE: CF) stock price gained 13.93 points on the trading session, high on the trading session $167.00, low on the trading session $153.18 for a closing stock price at $166.61; Bunge Limited (NYSE: BG) stock price gained 4.50 points on the trading session, high on the trading session $102.49, low on the trading session $98.10 for a closing stock price at $101.90; Wyeth Corporation (NYSE: WYE) stock price shed 5.37 points on the trading session, high on the trading session $40.80, low on the trading session $38.30 for a closing stock price at $39.74.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 1,577; declined stock prices 1,275; unchanged stock prices 161; stock prices hitting new highs 47; stock prices hitting new lows 78.
NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Garmin Limited (NasdaqGS: GRMN) stock price shed 10.21 points on the trading session, high on the trading session $40.99, low on the trading session $34.51 for a closing stock price at $34.85; Ultimate Software Group Incorporated (NasdaqGS: ULTI) stock price shed 7.56 points on the trading session, high on the trading session $27.50, low on the trading session $23.12 for a closing stock price at $25.43; Electronic Arts Incorporated (NasdaqGS: ERTS) stock price shed 4.10 points on the trading session, high on the trading session $44.41, low on the trading session $42.47 for a closing stock price at $43.29; Baidu.com Incorporated (NasdaqGS: BIDU) stock price gained 2.12 points on the trading session, high on the trading session $353.37, low on the trading session $343.12 for a closing stock price at $350.24; First Solar Incorporated (NasdaqGS: FSLR) stock price gained 25.78 points on the trading session, high on the trading session $286.00, low on the trading session $271.00 for a closing stock price at $303.97; Sohu.com Incorporated (NasdaqGS: SOHU) stock price shed 0.02 points on the trading session, high on the trading session $78.45, low on the trading session $74.95 for a closing stock price at $76.84.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 734; declined stock prices 445; unchanged stock prices 107; stock prices hitting new highs 10; stock prices hitting new lows 31.

Chicago Board of Trade Futures Market activity for the day, at time of this posting for September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,284.75, change 23.00
E-mini NASDAQ-100 (NQ) end of day price 1,856.00, change 14.00
E-mini S&P SmallCap 600 (SMP) end of day price 373.10, change 0.00
$5 DJIA (YM) end of day price 11,582, change 209

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6419 to U.S. Dollars 1.5578
Japanese Yen 108.08 to U.S. Dollars 0.0093
British Pound 0.5047 to U.S. Dollars 1.9815
Canadian Dollar 1.023 to U.S. Dollars 0.9775
Swiss Franc 1.048 to U.S. Dollars 0.9542

Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) gained $4.58 on the day for a closing price of the range of $26.77 a gallon ($US per barrel)
Heating Oil (NYMEX: NYM) gained $0.05 on the day for a closing price of $3.55 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) gained $0.12 on the day for a closing price of $9.25 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) gained $0.13 on the day for a closing price of $3.14 a gallon ($US per gallon)

Metals Markets:
Gold Market Price (COMEX: CMX) shed $14.10 on the day for a closing price of $912.30 ($US per Troy ounce)
Silver (COMEX: CMX) gained $0.09 on the day for a closing price of $17.47 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $7.30 on the day for a closing price of $1,738.10 ($US per Troy ounce)
Copper (COMEX: CMX) gained $0.03 on the day for a closing price of $3.65 ($US per pound)

Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) gained 0.30 on the day for a closing price of 72.55
Pork Bellies (Chicago Mercantile Exchange: CME) shed 2.05 on the day for a closing price of 70.00
Live Cattle (Chicago Mercantile Exchange: CME) gained 0.55 on the day for a closing price of 106.15
Feeder Cattle (Chicago Mercantile Exchange: CME) gained 1.00 on the day for a closing price of 113.65

Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) gained 7.75 on the day for a closing price of 621.25
Soybeans (Chicago Board of Trade: CBT) gained 14.00 on the day for a closing price of 1,405.00

Bond Market:
2 year bond closed with no change at 100 7/32 with a Yield of 2.64, Yield Change +0.01
5 year bond gained 2/32 on the day for a closing price of 100 1/32 with a Yield of 3.36, Yield Change +0.05
10 year bond gained 1/32 on the day for a closing price of 98 20/32 with a Yield of 4.04, Yield Change 0.00
30 year bond shed 8/32 on the day for a closing price of 95 21/32 with a Yield of 4.64, Yield Change +0.01

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