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Thread: Bloodletting

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    Default Bloodletting

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

    The markets began their bloodletting as early as the pre-market session on this the final trading day of a very, difficult trading week. At the opening bell, the DOW fell below the 7800 mark, shedding nearly 700 points. (read more)

    Economic data released today:

    Import and Export Prices:
    U.S. September Import Prices fell 3.0% compared to consensus of a drop by 2.9%; U.S. September Non-Petroleum Import Prices fell 0.9%; U.S. September Petroleum Import Prices fell 9.0%; U.S. Import Price Drop was largest since April 2003; August Exports came in at $164.72 Billion at a drop by 2.0%; August Imports came in at $223.85 Billion at a drop by 2.4%.

    International Trade:
    U.S. August Trade Deficit came in at $59.14 Billion compared to consensus Deficit at $58.5 Billion and July Trade Balance Revised to Deficit of $61.31 Billion from Deficit of $62.20 Billion.

    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 loss of 128.00 points on the day to end the trading session at 8,451.19
    NYSE (New York Stock Exchange) loss of 91.97 points to end the trading session at 5,718.01
    National Association of Securities Dealers Automated Quotations (NASDAQ) gain of 4.39 points to end the trading session at 1,649.51
    S&P 500 loss of 5.30 points to end the trading session at 899.25
    FTSE All-World excluding U.S. loss of 11.73 points to end the trading session at 143.97
    FTSE RAFI 1000 triple digit loss of 207.43 points to end the trading session at 3,330.18
    BEL 20 (BEL20) triple digit loss of 117.44 points to end the trading session at 2,123.44
    CAC 40 (CAC40) triple digit loss of 266.21 points to end the trading session at 3,176.49
    FTSE100 (UKX100) triple digit loss of 381.74 points to end the trading session at 3,932.06
    NIKKEI 225 (NIK/O) triple digit loss of 881.06 points to end the trading session at 8,276.43

    New York Stock Exchange (NYSE) stock market indicators for the day:
    Advanced stock prices 1,097 declined stock prices 2,179; unchanged stock prices 41; stock prices hitting new highs 2 and stock prices hitting new lows 1.
    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: Smith International Incorporated (NYSE: SII) stock price shed 6.76 points on the trading session, high on the trading session $39.23, low on the trading session $27.55 with a closing stock price at $34.09; Agnico-Eagle Mines Limited (NYSE: AEM) stock price shed 8.88 points on the trading session, high on the trading session $49.15, low on the trading session $39.44 with a closing stock price at $40.00; Hess Corporation (NYSE: HES) stock price shed 0.58 points on the trading session, high on the trading session $57.18, low on the trading session $45.68 with a closing stock price at $52.92; Endurance Specialty Holdings Incorporated (NYSE: ENH) stock price gained 0.29 points on the trading session, high on the trading session $21.82, low on the trading session $19.32 with a closing stock price at $21.82; Ultrashort Financial Corporation (NYSE: SKF) stock price shed 23.49 points on the trading session, high on the trading session $205.35, low on the trading session $155.18 with a closing stock price at $158.00; Potash Corporation Saskatchewan (NYSE: POT) stock price shed 1.77 points on the trading session, high on the trading session $99.85, low on the trading session $83.08 with a closing stock price at $91.08; Goldman Sachs Group Incorporated (NYSE: GS) stock price shed 12.55 points on the trading session, high on the trading session $99.40, low on the trading session $74.00 with a closing stock price at $88.80; CME Group Incorporated (NYSE: CME) stock price gained 37.75 points on the trading session, high on the trading session $400.64, low on the trading session $331.26 with a closing stock price at $393.15; ProShares UltraShort MidCap400 (NYSE: MZZ) stock price gained 1.10 points on the trading session, high on the trading session $127.50, low on the trading session $104.65 with a closing stock price at $111.00.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
    Advanced stock prices 1,403; declined stock prices 1,642; unchanged stock prices 95; stock prices hitting new highs 2; stock prices hitting new lows 1,682.
    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: Deckers Outdoor Corporation (NasdaqGS: DECK) stock price gained 10.33 points on the trading session, high on the trading session $100.00, low on the trading session $77.00 with a closing stock price at $87.29; Google Incorporated (NasdaqGS: GOOG) stock price gained 4.29 points on the trading session, high on the trading session $341.89, low on the trading session $310.30 with a closing stock price at $333.27.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
    Advanced stock prices 308; declined stock prices 998; unchanged stock prices 65; stock prices hitting new highs 1 stock prices hitting new lows 1.

    Chicago Board of Trade Futures Market activity for the day, at time of this posting for December 2008 Contracts:
    E-mini S&P 500 (ES) end of day price 906.50 change -6.00
    E-mini NASDAQ-100 (NQ) end of day price 1,296.00, change 22.50
    E-mini S&P SmallCap 600 (SMP) end of day price 285.60, change 17.60
    $5 DJIA (YM) end of day price 8,514 change -84

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.7467 to U.S. Dollars 1.3392
    Japanese Yen 100.48 to U.S. Dollars 0.010
    British Pound 0.5867 to U.S. Dollars 1.7044
    Canadian Dollar 1.1793 to U.S. Dollars 0.8480
    Swiss Franc 1.1365 to U.S. Dollars 0.8799

    Commodity Markets:
    Energy Sector: Light Crude (NYMEX: NYM) shed $8.89 on the day for a closing price of $77.70 a barrel ($US per barrel)
    Heating Oil (NYMEX: NYM) shed $0.21 on the day for a closing price of $2.21 a gallon ($US per gallon)
    Natural Gas (NYMEX: NYM) shed $0.29 on the day for a closing price of $6.54 per million BTU ($US per mmbtu.)
    Unleaded Gas (NYMEX: NYM) shed $0.22 on the day for a closing price of $1.81 a gallon ($US per gallon)

    Metals Markets:
    Gold Market Price (COMEX: CMX) shed $27.50 on the day for a closing price of $859.00 ($US per Troy ounce)
    Silver (COMEX: CMX) shed $1.28 on the day for a closing price of $10.60 ($US per Troy ounce)
    Platinum (NYMEX: NYM) shed $38.50 on the day for a closing price of $1,005.20 ($US per Troy ounce)
    Copper (COMEX: CMX) shed $0.26 on the day for a closing price of $2.14 ($US per pound)

    Livestock and Meat Markets (cents per lb.):
    Lean Hogs (Chicago Mercantile Exchange: CME) shed 0.98 on the day for a closing price of 66.00
    Pork Bellies (Chicago Mercantile Exchange: CME) shed 1.78 on the day for a closing price of 86.48
    Live Cattle (Chicago Mercantile Exchange: CME) shed 3.00 on the day for a closing price of 91.30
    Feeder Cattle (Chicago Mercantile Exchange: CME) shed 2.90 on the day for a closing price of 95.05

    Other Commodities (cents per bushel):
    Corn (Chicago Board of Trade: CBT) shed 30.00 on the day for a closing price of 408.25
    Soybeans (Chicago Board of Trade: CBT) shed 70.00 on the day for a closing price of 910.00

    Bond Market:
    2 year bond shed 5/32 on the day for a closing price of 100 23/32 with a Yield of 1.61, Yield Change 0.08
    5 year bond shed 12/32 on the day for a closing price of 101 22/32 with a Yield of 2.75, Yield Change 0.08
    10 year bond shed 29/32 on the day for a closing price of 100 31/32 with a Yield of 3.88, Yield Change 0.12
    30 year bond shed 25/32 on the day for a closing price of 106 25/32 with a Yield of 4.13, Yield Change 0.04

    At the close of the week, performance results for our Moderators:

    Stocks Trading Room:
    Jeannie $14,279
    Barry $23,320
    Sam $11,336

    Futures Trading Room:
    JT $12,562.50
    James $1,155.00

    Forex Trading Room:
    JT $63,350

    Daily Swing Trades:
    Barry $5,470

    Weekly Swing Trades:
    Jeannie $2,890

    Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

    Visitors may subscribe to our free Weekly MarketNews for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

    Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading services. Traders should review our FREE Monthly Trading Lesson posted on our website.

    Thanks for reading
    Millennium-Traders.Com

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  3. #2
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    Default hi

    I am so excited and it is interesting too...
    I must get lot of new information is never hear anywhere...
    Thanks for your info...

    Tom
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    steripen journey
    Arcade Games

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    Default

    Bloodletting (or blood-letting, in modern medicine referred to as phlebotomy) was a tremendously popular medical practice from antiquity up to the late 19th century, a time span of almost 2,000 years. Bloodletting involves the withdrawal of often considerable quantities of blood from a patient in the belief that this would cure or prevent a great many illnesses and diseases. The practice has been abandoned for all except a few very specific conditions. It is conceivable that historically, in the absence of other treatments for hypertension, bloodletting could sometimes have had a beneficial effect in temporarily reducing blood pressure by a reduction in blood volume. However since hypertension is almost always asymptomatic and thus undiagnosable without modern methods, this effect was unintentional. In the overwhelming majority of cases, the historical use of bloodletting was harmful to patients.
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    Translation Self Certification Mortgage Quotes

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