Fertilizer Companies

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Daily Market Commentary for May 28, 2008 from

Todays top stock pick for the trading session was Mosaic Company (NYSE: MOS) with a gain at the closing bell of over eight points.. ()

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 U.S. Markets:
DOW (Dow Jones Industrial Average) gain of 45.68 points on the day to end the session at 12,594.03
NYSE (New York Stock Exchange) gain of 50.32 points to end the session at 9,364.34
NASDAQ gain of 5.46 points for a close at 2,486.70
S&P 500 gain of 5.49 points for a close at 1,390.84
FTSE All-World ex-U.S. gain of 0.59 points to close at 251.62
FTSE RAFI 1000 gain of 15.80 points for a close at 5,547.86
BEL 20 gain of 54.88 points to close at 3,710.92
CAC 40 gain of 64.55 points to close at 4,971.11
FTSE100 gain of 11.1 points to close at 6,069.6
NIKKEI 225 triple digit loss of 183.9 points to close at 13,709.40

News on the New York Stock Exchange (NYSE) today: advanced stocks 1,717; declined stocks 1,440; unchanged stocks 116; stocks hitting new highs 42; stocks hitting new lows 50. Daily Trading Range and end of day trading results for volatile stocks on the NYSE traded by active Day Traders today: CME Group, Incorporated (NYSE: CME) shed 16.95 points on the trading day, high on the trading day $455.50, low on the trading day $427.50, for a closing price at $437.20; Petroleo Brasileiro SA (NYSE: PBR) gained 3.05 points on the trading day, high on the trading day $73.43, low on the trading day $69.09, for a closing price at $73.37; Mosaic Company (NYSE: MOS) gained 8.30 points on the trading day, high on the trading day $123.72, low on the trading day $114.34, for a closing price at $123.72; Polo Ralph Lauren (NYSE: RL) gained 8.30 points on the trading day, high on the trading day $70.13, low on the trading day $65.02, for a closing price at $69.00; CF Industries Holdings Incorporated (NYSE: CF) gained 12.48 points on the trading day, high on the trading day $136.55, low on the trading day $123.06, for a closing price at $136.55; Transocean Incorporated (NYSE: RIG) gained 4.49 points on the trading day, high on the trading day $157.81, low on the trading day $150.99, for a closing price at $157.81; Deere & Company (NYSE: DE) gained 2.72 points on the trading day, high on the trading day $82.84, low on the trading day $79.55, for a closing price at $82.58; Potash Corporation of Saskatchewan, Incorporated (NYSE: POT) gained 7.38 points on the trading day, high on the trading day $198.28, low on the trading day $188.45, for a closing price at $197.78; M&T Bank Corporation (NYSE: MTB) shed 3.93 points on the trading day, high on the trading day $89.73, low on the trading day $85.05, for a closing price at $85.84; ITT Educational Services Incorporated (NYSE: ESI) shed 0.20 points on the trading day, high on the trading day $71.15, low on the trading day $68.64, for a closing price at $70.12; Fluor Corporation (NYSE: FLR) gained 0.05 points on the trading day, high on the trading day $185.43, low on the trading day $180.80, for a closing price at $184.41; Hess Corporation (NYSE: HES) shed 1.37 points on the trading day, high on the trading day $124.91, low on the trading day $120.06, for a closing price at $124.63; Toronto-Dominion Bank (NYSE: TD) gained 0.25 points on the trading day, high on the trading day $70.39, low on the trading day $67.25, for a closing price at $69.14; IntercontinentalExchange Incorporated (NYSE: ICE) shed 0.90 points on the trading day, high on the trading day $143.45, low on the trading day $137.00, for a closing price at $139.20.

News on the NASDAQ today: advanced stocks 1,489 declined stocks 1,387; unchanged stocks 161; stocks hitting new highs 42; stocks hitting new lows 83. Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today: Google Incorporated (NasdaqGS: GOOG) gained 8.42 points on the trading day, high on the trading day $571.49, low on the trading day $561.10, for a closing price at $569.32; Apple Incorporated (NasdaqGS: AAPL) gained 0.22 points on the trading day, high on the trading day $187.95, low on the trading day $183.72, for a closing price at $186.65; First Solar, Incorporated (NasdaqGS: FSLR) gained 8.02 points on the trading day, high on the trading day $273.20, low on the trading day $253.30 for a closing price at $273.18; Shanda Interactive Entertainment (NasdaqGS: SNDA) shed 2.98 points on the trading day, high on the trading day $33.65, low on the trading day $31.62, for a closing price at $32.32; DryShips, Incorporated (NasdaqGS: DRYS) gained 8.17 points on the trading day, high on the trading day $95.40, low on the trading day $89.56, for a closing price at $95.20; Expedia Incorporated (NasdaqGS: EXPE) gained 1.07 points on the trading day, high on the trading day $23.81, low on the trading day $20.75, for a closing price at $22.81.

News on the American Stock Exchange (AMEX) today: advanced stocks 652; declined stocks 509; unchanged stocks 104; stocks hitting new highs 16; stocks hitting new lows 21.

Energy Information Administration: U.S. Revised 1Q Oil Use fell 4.3% or 892,000 B/D on year ago.

ICSC-UBS Chain Store Sales Unchanged for week of May 24.

U.S. April Durable Goods Orders, Excluding-Transportation rose 2.5%; U.S. April Durable Goods Orders fell 0.5%; Consensus fell 2.0%; U.S. April Durable Goods Orders Excluding-Defense fell 0.3%.

Commodities Markets
Energy Sector: Light Crude (NYM) gained $2.18 on the day to close at $131.03 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.02 on the day to close at $3.85 a gallon ($US per gal.); Natural Gas (NYM) gained $0.08 on the day to close at $12.00 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.06 on the day to close at $3.45 a gallon ($US per gal.).

Metals Markets: Gold (CMX) shed $7.80 to close at $905.00 ($US per Troy oz.); Silver (CMX) shed $0.05 to close at $17.42 ($US per Troy oz.); Platinum (NYM) shed $61.20 on the day to close at $2,066.90 ($US per Troy oz.) and Copper (CMX) shed $0.02 to close at $3.70 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 0.08 to close at 76.15; Pork Bellies (CME) shed 1.45 to close at 73.20; Live Cattle (CME) gained 0.13 to close at 101.63; Feeder Cattle (CME) gained 0.55 to close at 115.80.

Other Commodities (cents per bu.): Corn (CBT) shed 5.50 to close the session at 592.50 and Soybeans (CBT) gained 25.00 to close session at 1,342.75.

Bond action for the day: 2 year bond shed 7/32 to close at 99 2/32 with a Yield of 2.62, Yield Change +0.12; 5 year bond shed 19/32 to close at 98 31/32 with a Yield of 3.34, Yield Change +0.12; 10 year bond shed 23/32 to close at 98 27/32 with a Yield of 4.01, Yield Change +0.09; the 30 year bond shed 1 to close at 94 22/32 on the day with a Yield of 4.70, Yield Change +0.06.

The e-mini Dow $5 ended the commodity session today at 12,596 with a gain of 43 points on the trading session. Futures Traders should review workshops available at the CBOT (Chicago Board of Trade). Educational in-person seminars schedules available on the CBOT (Chicago Board of Trade) website.

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