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Daily Market Commentary for July 8, 2008 from Millennium-Traders.Com

Major foreign markets were sharply lower on the trading session with
the major U.S. indices taunting negative territory throughout the
trading day but, maintained positive territory into the early afternoon
trading session. As the trading session moved into the final hour of
trading, the DOW was successful at posting a triple digit gain.(read
more)
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At the closing bell on the Stock Exchange, here is how the major world
indices and major U.S. indices ended the session on the world market as
well as the emerging markets including the stock market closing price:

DOW (Dow Jones Industrial Average) triple digit gain of 152.25 points
on the day to end the trading session at 11,384.21
NYSE (New York Stock Exchange) triple digit gain of 115.58 points to
end the trading session at 8,515.79
NASDAQ gain of 51.10 points to end the trading session at 2,294.42
S&P 500 gain of 21.39 points to end the trading session at 1,273.70
FTSE All-World ex-U.S. loss of 0.77 points to end the trading session
at 224.77
FTSE RAFI 1000 triple digit gain of 117.33 points to end the trading
session at 4,950.20
BEL 20 (BEL20) loss of 57.01 points to end the trading session at
3,010.44
CAC 40 (CAC40) loss of 66.98 points to end the trading session at
4,275.61
FTSE100 (UKX100) loss of 72.2 points to end the trading session at
5,440.5
NIKKEI 225 (NIK/O) triple digit loss of 326.94 points to end the
trading session at 13,033.10

Market trends on the New York Stock Exchange (NYSE) today: advanced
stocks 2,100; declined stocks 1,097; unchanged stocks 89; stocks
hitting new highs 6; stocks hitting new lows 417. List of volatile
stocks 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) gained
5.34 points on the trading session, high on the trading session
$146.23, low on the trading session $139.07 for a closing stock price
at $145.94; CME Group Incorporated (NYSE: CME) gained 8.21 points on
the trading session, high on the trading session $344.00, low on the
trading session $317.50 for a closing stock price at $342.50; Walter
Industries Incorporated (NYSE: WLT) shed 3.71 points on the trading
session, high on the trading session $88.02, low on the trading session
$76.06 for a closing stock price at $85.60; Petrohawk Energy Corporation
(NYSE: HK) shed 1.20 points on the trading session, high on the trading
session $43.70, low on the trading session $39.26 for a closing stock
price at $42.95; CF Industries Holdings Incorporated (NYSE: CF) shed
2.64 points on the trading session, high on the trading session
$144.99, low on the trading session $133.53 for a closing stock price
at $144.47; Rio Tinto plc (NYSE: RTP) shed 8.78 points on the trading
session, high on the trading session $432.76, low on the trading
session $409.61 for a closing stock price at $420.63; VMware
Incorporated (NYSE: VMW) shed 13.00 points on the trading session, high
on the trading session $42.14, low on the trading session $36.51 for a
closing stock price at $40.19; McDermott International (NYSE: MDR) shed
2.04 points on the trading session, high on the trading session $57.60,
low on the trading session $54.35 for a closing stock price at $55.85;
Oil Service HOLDRs (NYSE: OIH) shed 2.42 points on the trading session,
high on the trading session $204.49, low on the trading session $197.41
for a closing stock price at $203.90; Shaw Group Incorporated (NYSE:
SGR) shed 2.03 points on the trading session, high on the trading
session $55.98, low on the trading session $52.36 for a closing stock
price at $53.95; Goodrich Petroleum Corporation (NYSE: GDP) shed 5.78
points on the trading session, high on the trading session $68.44, low
on the trading session $62.80 for a closing stock price at $64.96;
Patriot Coal Corporation (NYSE: PCX) shed 7.09 points on the trading
session, high on the trading session $126.26, low on the trading
session $111.41 for a closing stock price at $121.82; AGCO Corporation
(NYSE: AG) shed 2.80 points on the trading session, high on the trading
session $50.95, low on the trading session $45.90 for a closing stock
price at $47.76; MasterCard Incorporated (NYSE: MA) gained 18.15 points
on the trading session, high on the trading session $264.99, low on the
trading session $237.42 for a closing stock price at $264.25; Monsanto
Company (NYSE: MON) shed 1.10 points on the trading session, high on
the trading session $118.44, low on the trading session $112.00 for a
closing stock price at $117.54; Devon Energy Corporation (NYSE: DVN)
shed 2.75 points on the trading session, high on the trading session
$109.70, low on the trading session $103.94 for a closing stock price
at $108.25; United States Steel Corporation (NYSE: X) shed 7.20 points
on the trading session, high on the trading session $157.99, low on the
trading session $146.96 for a closing stock price at $150.55; Potash
Corporation Saskatchewan (NYSE: POT) gained 5.05 points on the trading
session, high on the trading session $215.03 low on the trading session
$197.17 for a closing stock price at $215.03.

Market trends on the NASDAQ today: advanced stocks 2,010; declined
stocks 899; unchanged stocks 132; stocks hitting new highs 19; stocks
hitting new lows 319. List of volatile stocks 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: Research In Motion
Limited (NasdaqGS: RIMM) gained 5.85 points on the trading session,
high on the trading session $122.16, low on the trading session $114.78
for a closing stock price at $121.51; Hercules Offshore Incorporated
(NasdaqGS: HERO) shed 2.03 points on the trading session, high on the
trading session $34.76, low on the trading session $32.12 for a closing
stock price at $32.95; Century Aluminum Company (NasdaqGS: CENX) shed
5.98 points on the trading session, high on the trading session $60.19,
low on the trading session $51.60 for a closing stock price at $55.16;
Baidu.com Incorporated (NasdaqGS: BIDU) gained 5.96 points on the
trading session, high on the trading session $338.99, low on the
trading session $320.37 for a closing stock price at $333.85; Google
Incorporated (NasdaqGS: GOOG) gained 11.01 points on the trading
session, high on the trading session $555.19, low on the trading
session $540.00 for a closing stock price at $554.92.

Market trends on the American Stock Exchange (AMEX) today: advanced
stocks 560; declined stocks 616; unchanged stocks 100; stocks hitting
new highs 15; stocks hitting new lows 106.

Chicago Board of Trade Futures Market activity for the day, September
2008 Contracts, at time of this posting:
E-mini S&P 500 (ES) end of day price 1273.75, change 22.00
E-mini NASDAQ-100 (NQ) end of day price 1868.00, change 35.75
E-mini S&P SmallCap 600 (SMP) end of day price 360.30, change 12.40
$5 DJIA (YM) end of day price 11,372, change 167

World Currencies at time of this posting:
Euro 0.6388 to U.S. Dollars 1.5655
Japanese Yen 107.48 to U.S. Dollars 0.0093
British Pound 0.5078 to U.S. Dollars 1.9693
Canadian Dollar 1.0195 to U.S. Dollars 0.9809
Swiss Franc 1.03244 to U.S. Dollars 0.9667

Commodities Markets:
Energy Sector: Light Crude (NYM) shed $5.33 on the day for a closing
price of $136.04 a gallon ($US per bbl.); Heating Oil (NYM) shed $0.15
on the day for a closing price of $3.82 a gallon ($US per gal.);
Natural Gas (NYM) shed $0.59 on the day for a closing price of $12.39
per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.12 on the
day for a closing price of $3.36 a gallon ($US per gal.).

Metals Markets: Gold Market Price (CMX) shed $5.50 on the day for a
closing price of $923.30 ($US per Troy oz.); Silver (CMX) gained $0.04
on the day for a closing price of $17.96 ($US per Troy oz.); Platinum
(NYM) shed $30.90 on the day for a closing price of $1,952.90 ($US per
Troy oz.) and Copper (CMX) shed $0.15 on the day for a closing price of
$3.15 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 0.38
on the day for a closing price of 70.70; Pork Bellies (CME) shed 1.53 on
the day for a closing price of 62.53; Live Cattle (CME) shed 0.20 on the
day for a closing price of 102.10; Feeder Cattle (CME) gained 0.50 on
the day for a closing price of 111.53.

Other Commodities (cents per bu.): Corn (CBT) shed 24.50 on the day for
a closing price of 723.00 and Soybeans (CBT) shed 31.50 on the day for a
closing price of 1,529.50.

Bond action for the day: 2 year bond shed 2/32 on the day for a closing
price of 100 24/32 with a Yield of 2.47, Yield Change +0.03; 5 year bond
closed at 100 26/32 with a Yield of 3.19, Yield Change 0.00; 10 year
bond gained 16/32 on the day for a closing price of 99 29/32 with a
Yield of 3.88, Yield Change -0.02; the 30 year bond gained 18/32 on the
day for a closing price of 98 21/32 with a Yield of 4.45, Yield Change
-0.04.

Redbook data: U.S. Retail Sales fell 0.5% for five weeks of June versus
May.

U.S. May Wholesale Inventories rose 0.8% as compared to expectations of
an increase of 0.6%.

According to the National Association of Realtors, U.S. May Pending
Home Sales fell 14.0% from May 2007 and
U.S. Pending Home Sales Index fell 4.7% in May.

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