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Daily Market Commentary for March 12, 2008 from Millennium-Traders.Com

At the closing bell on the Stock Exchange, here is how the major indices ended the session on the U.S. Markets:

DOW (Dow Jones Industrial Average) shed of 46.57 points on the day to end the session at 12,110.24

NYSE (New York Stock Exchange) shed of 61.60 points to end the session at 8,781.08

NASDAQ shed of 11.89 points for a close at 2,243.87

S&P 500 shed of 11.88 points for a close at 1,308.77

FTSE All-World ex-U.S. gain of 2.27 points to close at 238.09

FTSE RAFI 1000 shed of 52.22 points to close at 5,353.10

BEL 20 gain of 74 points to close at 3,743.92

CAC 40 gain of 69.41 points to close at 4,697.10

FTSE100 gain of 86 points to close at 5,776.40

NIKKEI 225 gain of 202.8 points to close at 12,861.10

On the NYSE today, advancers came in at 1,113, decliners totaled 2,081; unchanged came in at 61; new highs came in at 29 and new lows came in at 113. Momentum NYSE stocks traded by active Day Traders today: Transocean, Incorporated (RIG) shed 2.21 points with a high on the day of $141.00, a low of $137.11 for a closing price at $137.42; Rio Tinto plc (RTP) gained 3.96 points with a high on the day of $442.42, a low of $433.34 for a closing price at $433.34; CF Industries Holdings, Incorporated (CF) shed 1.06 points with a high on the day of $120.41, a low of $114.05 for a closing price at $116.64; Alaska Air Group Incorporated (ALK) shed 4.14 points with a high on the day of $22.54, a low of $18.26 for a closing price at $18.36; Mechel Open Joint Stock Company (MTL) gained 5.66 points with a high on the day of $139.48, a low of $130.10 for a closing price at $135.25; CONSOL Energy Incorporated (CNX) shed 1.81 points with a high on the day of $70.93, a low of $67.30 for a closing price at $68.78; WellCare Health Plans, Incorporated (WCG) shed 1.18 points with a high on the day of $36.58, a low of $32.42 for a closing price at $36.35; Longs Drug Stores Corporation (LDG) shed 2.76 points with a high on the day of $41.69, a low of $37.25 for a closing price at $39.06; Martin Marietta Materials Incorporated (MLM) gained 4.62 points with a high on the day of $106.44, a low of $97.82 for a closing price at $104.26; CME Group, Incorporated (CME) shed 6.10 points with a high on the day of $507.93, a low of $493.27 for a closing price at $498.40; Petroleo Brasileiro (PBR) shed 0.20 points with a high on the day of $115.70, a low of $112.60 for a closing price at $114.38; Coventry Health Care Incorporated (CVH) shed 0.78 points with a high on the day of $43.67, a low of $37.50 for a closing price at $42.22; Mosaic Corporation (MOS) shed 0.95 points with a high on the day of $109.70, a low of $103.29 for a closing price at $106.11; Mastercard Incorporated (MA) gained 8.06 points with a high on the day of $207.50, a low of $194.20 for a closing price at $203.90; Humana Incorporated (HUM) shed 6.50 points with a high on the day of $41.50, a low of $33.45 for a closing price at $40.88; The Bear Stearns Companies, Incorporated (BSC) shed 1.39 points with a high on the day of $67.82, a low of $61.35 for a closing price at $61.58; Suntech Power Holdings Corporation Limited (STP) gained 2.43 points with a high on the day of $33.00, a low of $30.57 for a closing price at $32.67; Goldman Sachs Group Incorporated (GS) shed 0.06 points with a high on the day of $170.06, a low of $162.61 for a closing price at $163.01.

On the NASDAQ today, advanced totaled 1,261; decliners totaled 1,670; unchanged came in at 147; new highs came in at 20 and new lows came in at 157. Momentum NASDAQ stocks traded by active Day Traders today: Progenics Pharmaceuticals Incorporated (PGNX) shed 8.62 points with a high on the day of $6.67, a low of $4.33 for a closing price at $4.93; DivX, Incorporated (DIVX) shed 3.01 points with a high on the day of $7.35, a low of $6.12 for a closing price at $7.18; Immucor Incorporated (BLUD) shed 6.59 points with a high on the day of $21.85, a low of $17.30 for a closing price at $20.96; Gulfport Energy Corporation (GPOR) shed 1.94 points with a high on the day of $13.95, a low of $10.82 for a closing price at $12.20; KLA-Tencor Corporation (KLAC) shed 4.13 points with a high on the day of $40.49, a low of $37.68 for a closing price at $37.80; ***** Incorporated (AAPL) shed 1.32 points with a high on the day of $128.68, a low of $125.17 for a closing price at $126.03; Baidu.com, Incorporated (BIDU) gained 13.25 points with a high on the day of $279.85, a low of $261.83 for a closing price at $273.64; First Solar, Incorporated (FSLR) gained 7.77 points with a high on the day of $207.70, a low of $195.10 for a closing price at $205.88.

Department Of Energy: U.S. Crude Oil Stockpiles rose 6.177 Million Barrels at 311.626 Million Barrels; U.S. Gasoline Stockpiles rose 1.691 Million Barrels at 235.967 Million Barrels; U.S. Distillate Stockpiles fell by 1.225 Million Barrels at 116.4 Million Barrels; U.S. Refineries ran at 85.0% capacity versus 85.9% capacity a week ago; U.S. Crude Oil Stockpiles rose 6.177 Million Barrels in the week compared to expectations of an increase by 1.6 Million Barrels; U.S. Distillate Stockpiles fell 1.225 Million Barrels in the week compared to expectations of a decrease by 2 Million Barrels.

Commodities Markets
The trend was mixed across the board today for the Energy Sector: Light crude moved higher today by $0.45 to close at $109.20 a barrel; Heating Oil moved lower today by $0.01 to close at $2.99 a gallon; Natural Gas moved higher today by $0.01 to close at $10.01 per million BTU and Unleaded Gas moved lower today by $0.04 to close at $2.69 a gallon.

Metals Markets ended the session higher across the board today: Gold moved higher today by $4.50 to close at $980.50 a Troy ounce; Silver moved higher today by $0.23 to close at $20.00 per Troy ounce; Platinum moved nicely higher today by $17.30 to close at $2,070.00 per Troy ounce and Copper closed higher by $0.05 to close at $3.84 per pound.

On the Livestock and Meat Markets, the trend was mixed across the board today: Lean Hogs ended the day lower by $0.55 to close at $57.75; Pork Bellies ended the day lower by $0.50 to close at $81.40; Live Cattle ended the day higher by $0.45 to close at $90.35 and Feeder Cattle ended the day higher by $0.03 to close at $105.80.

Other Commodities: Corn ended the day lower by $5.00 at $567.50 and Soybeans ended the day lower by $11.25 to end the session at $1,395.50.

Bonds were higher across the board today: 2 year bond closed higher by 8/32 at 100 23/32; 5 year bond moved higher by 26/32 to close at 100 10/32 today; 10 year bond moved higher by 1 6/32 to close at 100 12/32 and the 30 year bond moved higher by 2 3/32 to close at 99 3/32 on the day.

The e-mini Dow ended the session today at 12,129 with a loss of 61 points on the trading session. The total Dow Exchange Volume for the day came in at 251,566 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.

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 5,856,631; Open Interest for Futures moved lower by 185,109 points to close at 9,822,532; the Open Interest for Options moved higher by 107,238 points to close at 8,083,290 and the Cleared Only moved higher by 308 points to close at 28,126 for a total Open Interest on the day of 17,933,948 for a total Change on the day with a loss of 77,563 points.

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