Energy Stocks

Daily Market Commentary for June 10, 2008 from Millennium-Traders.Com

The modern top stock pick for that buying and selling session was XTO Energy Incorporated (New york stock exchange: XTO) which published a small loss in the closing bell of under some point. (find out more)

In the closing bell around the Stock Market, this is how the main world indices and major U.S. indices ended the session around the U.S. Marketplaces:

DOW (Dow Johnson Industrial Average) gain of 8.55 points at the time to finish the session at 12,288.87 New york stock exchange (New You are able to Stock Market) lack of 81.64 suggests finish the session at 9,067.45 NASDAQ lack of 10.52 points for any close at 2,448.94 S&P 500 lack of 3.23 points for any close at 1,358.53 FTSE All-World ex-U.S. lack of 3.24 suggests close at 243.21 FTSE RAFI 1000 lack of 2.52 points for any close at 5,380.25 BEL 20 lack of 23.26 suggests close at 3,617.45 CAC 40 lack of 38.3 suggests close at 4,761.08 FTSE100 lack of 50.3 suggests close at 5,827.3 NIKKEI 225 triple digit lack of 160.2 suggests close at 14,021.2

News around the New You are able to Stock Market (New york stock exchange) today: advanced stocks 1,105 rejected stocks 2,084 unchanged stocks 85 stocks striking new levels 32 stocks striking new lows 160. Daily Buying and selling Range and finish of daytrading recent results for volatile stocks around the New york stock exchange exchanged by active Day Traders today: Telefonos p Mexico, S.A. (New york stock exchange: TMX) shed .15 points around the buying and selling day, high in buying and selling day $41.93, have less the buying and selling day $38.75 for any closing cost at $41.30 XTO Energy Incorporated (New york stock exchange: XTO) shed .70 points around the buying and selling day, high in buying and selling day $70.63, have less the buying and selling day $65.88 for any closing cost at $67.02 CF Industries Holdings Incorporated (New york stock exchange: CF) shed .39 points around the buying and selling day, high in buying and selling day $151.86, have less the buying and selling day $145.52 for any closing cost at $150.73 Petroleo Brasileiro SA (New york stock exchange: PBR) shed 2.71 points around the buying and selling day, high in buying and selling day $68.50, have less the buying and selling day $64.76 for any closing cost at $66.29 CME Group Incorporated (New york stock exchange: CME) acquired .88 points around the buying and selling day, high in buying and selling day $397.77, have less the buying and selling day $384.48 for any closing cost at $390.25 ULTRASHORT FINANCIAL (New york stock exchange: SKF) shed 1.56 points around the buying and selling day, high in buying and selling day $129.50, have less the buying and selling day $122.28 for any closing cost at $124.76 Texas Instruments Incorporated (New york stock exchange: TXN) shed .91 points around the buying and selling day, high in buying and selling day $30.95, have less the buying and selling day $30.39 for any closing cost at $30.42 Walter Industries Incorporated (New york stock exchange: WLT) shed 4.32 points around the buying and selling day, high in buying and selling day $93.74, have less the buying and selling day $88.69 for any closing cost at $91.00 CONSOL Energy Incorporated (New york stock exchange: CNX) shed 6.09 points around the buying and selling day, high in buying and selling day $107.79, have less the buying and selling day $99.26 for any closing cost at $101.93 Oil Service HOLDRs (New york stock exchange: OIH) shed 5.40 points around the buying and selling day, high in buying and selling day $216.85, have less the buying and selling day $209.20 for any closing cost at $212.05 Goldman Sachs Group Incorporated (New york stock exchange: GS) acquired 1.45 points around the buying and selling day, high in buying and selling day $169.43, have less the buying and selling day $163.21 for any closing cost at $167.21 Concho Assets Incorporated (New york stock exchange: CXO) shed 2.18 points around the buying and selling day, high in buying and selling day $40.00, have less the buying and selling day $35.36 for any closing cost at $37.62 Gemstone Offshore Drilling Incorporated (New york stock exchange: DO) shed 3.94 points around the buying and selling day, high in buying and selling day $135.57, have less the buying and selling day $130.03 for any closing cost at $131.48 Whiting Oil Corporation (New york stock exchange: WLL) shed 5.35 points around the buying and selling day, high in buying and selling day $108.14, have less the buying and selling day $99.66 for any closing cost at $102.49 Forest Oil Corporation (New york stock exchange: FST) shed 3.02 points around the buying and selling day, high in buying and selling day $74.70, have less the buying and selling day $68.84 for any closing cost at $70.47 U . s . States Steel Corporation (New york stock exchange: X) shed 7.88 points around the buying and selling day, high in buying and selling day $182.53, have less the buying and selling day $174.13 for any closing cost at $176.41 Hess Corporation (New york stock exchange: HES) shed 4.53 points around the buying and selling day, high in buying and selling day $128.13, have less the buying and selling day $120.86 for any closing cost at $122.94 Variety Company (New york stock exchange: MOS) acquired 2.90 points around the buying and selling day, high in buying and selling day $145.40, have less the buying and selling day $136.64 for any closing cost at $143.91.

News around the NASDAQ today: advanced stocks 1,184 rejected stocks 1,675 unchanged stocks 139 stocks striking new levels 15 stocks striking new lows 172. Buying and selling range and finish of daytrading recent results for volatile NASDAQ stocks exchanged by active Day Traders today: First Photo voltaic, Incorporated (NasdaqGS: FSLR) acquired .80 points around the buying and selling day, high in buying and selling day $247.79, have less the buying and selling day $233.97 for any closing cost at $245.56 American Superconductor Corporation (NasdaqGS: AMSC) acquired 6.99 points around the buying and selling day, high in buying and selling day $45.00, have less the buying and selling day $40.59 for any closing cost at $43.07 CMGI Incorporated (NasdaqGS: CMGI) shed 3.43 points around the buying and selling day, high in buying and selling day $12.50, have less the buying and selling day $11.20 for any closing cost at $11.57 CompuCredit Corporation (NasdaqGS: CCRT) shed 2.10 points around the buying and selling day, high in buying and selling day $8.48, have less the buying and selling day $5.52 for any closing cost at $6.68 Apple Incorporated (NasdaqGS: AAPL) acquired 4.03 points around the buying and selling day, high in buying and selling day $186.78, have less the buying and selling day $179.02 for any closing cost at $185.64.

News around the American Stock Market (American stock exchange) today: advanced stocks 365 rejected stocks 812 unchanged stocks 78 stocks striking new levels 13 stocks striking new lows 41.

U.S. April Trade Deficit arrived at $60.90 Billion in comparison to consensus of $60.00 Billion March Trade Balance modified to Deficit of $56.49B from Deficit of $58.21 Billion April Exports arrived at $155.55 Billion, greater by 3.3% April Imports arrived at $216.45 Billion, greater by 4.5%.

Energy Information Administration: U.S. Gasoline to Average $3.78 per gallon in 2008 Saudi Arabia elevated Oil Output 300,000 B/D in mid-May Security problems lower Crude Production in Nigeria Third Quarter U.S. Oil Demand seen flat versus last year at 20.7 Million Barrels each day 2008 U.S. gasoline cost outlook modified up 7% Third Quarter Gasoline use seen 9.44 Million Barrels each day versus 9.49 Million Barrels each day last year 2008 Storm Forecasts are 9-ten days of lost energy output 2008 U.S. Diesel Cost to average $4.32 per gallon, up 50% from 2007 Summer time gasoline use seen lower .6% around the year at 9.38 Million Barrels each day Projects 78 Billion Cubic Ft Each Day Gas to become shut in 2008 storms Iraq intends to raise Northern Crude Exports in June OPEC Oil Production could rise in Third Quarter 2008 Second Quarter U.S. Oil Demand Seen lower 1.25% versus Yr Ago, at 20.39 Million Barrels each day U.S. gasoline cost to Peak at $4.15 per gallon in August.

Leader Fed Bank of Dallas, Richard W. Fisher: Global economy means inflation effects uncertain Currency energy depends on economic confidence U.S. unfunded liabilities are greatest threat Gradualism is perfect method of financial policy financial policy must now proceed in deliberate manner U.S. economy is within an adverse feedback loop will not countenance building inflation anticipation U.S. wages not applying inflationary pressure.

Redbook data: U.S. Retail Sales First Week of June fell 1.% versus May.

Goods Marketplaces Energy Sector: Light Crude (NYM) shed $3.04 at the time to shut at $131.31 a barrel ($US per bbl.) Heating Oil (NYM) shed $.06 at the time to shut at $3.81 a gallon ($US per woman.) Gas (NYM) shed $.17 at the time to shut at $12.44 per million BTU ($US per mmbtu.) Unleaded Gas (NYM) shed $.07 at the time to shut at $3.32 a gallon ($US per woman.).

Metals Marketplaces: Gold (CMX) shed $26.90 to shut at $871.71 ($US per Troy oz.) Silver (CMX) shed $.58 to shut at $16.64 ($US per Troy oz.) Platinum (NYM) shed $56.70 at the time to shut at $2,002.90 ($US per Troy oz.) and Copper (CMX) shed $.05 at the time to shut at $3.56 ($US per lb.).

Animals and Meat Marketplaces (cents per lb.): Lean Hogs (CME) shed .15 to shut at 74.60 Pork Bellies (CME) acquired 1.25 to shut at 73.45 Live Cattle (CME) shed .65 to shut at 99.63 Feeder Cattle (CME) acquired .30 to shut at 110.98.

Other Goods (cents per bu.): Corn (CBT) acquired 17.50 to shut the session at 702.75 and Soybeans (CBT) shed 6.00 to shut session at 1,441.00.

Bond action during the day: two year bond shed 12/32 at the time to shut at 99 14/32 having a Yield of two.91, Yield Change .20 5 year bond shed 24/32 to shut at 99 24/32 having a Yield of three.55, Yield Change .16 ten year bond shed 26/32 to shut at 98 6/32 having a Yield of four.09, Yield Change .01 the thirty year bond shed 30/32 to shut at 94 31/32 at the time having a Yield of four.69, Yield Change .06.

The e-small Dow $5 ended the commodity session today at 12,305 having a gain of 10 points around the buying and selling session. Futures Traders should review training courses offered at the CBOT (Chicago Board of Trade). Educational in-person workshops agendas on the CBOT (Chicago Board of Trade) website.

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