Foreclosure Information

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Daily Market Commentary for June 13, 2008 from

Filing of foreclosures rose 7% during May compared to April and the numbers were higher from same time a year ago, per RealtyTrac. Foreclosure numbers remain a staggering reminder of the depths of the recession. ()

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) triple digit gain of 166.09 points on the day to end the session at 12,307.67
NYSE (New York Stock Exchange) triple digit gain of 115.50 points to end the session at 9,063.23
NASDAQ gain of 50.15 points for a close at 2,454.50
S&P 500 gain of 20.13 points for a close at 1,360.00
FTSE All-World ex-U.S. gain of 1.09 points to close at 241.12
FTSE RAFI 1000 gain of 64.99 points for a close at 5,361.07
BEL 20 gain of 2.72 points to close at 3,588.41
CAC 40 gain of 10 points to close at 4,682.30
FTSE100 gain of 12.3 points to close at 5,802.8
NIKKEI 225 gain of 85.1 points to close at 13,973.7

News on the New York Stock Exchange (NYSE) today: advanced stocks 2,278; declined stocks 871; unchanged stocks 95; stocks hitting new highs 32; stocks hitting new lows 114. Daily Trading Range and end of day trading results for volatile stocks on the NYSE traded by active Day Traders today: CF Industries Holdings Incorporated (NYSE: CF) gained 5.79 points on the trading day, high on the trading day $155.08, low on the trading day $148.33 for a closing price at $155.08; Walter Industries Incorporated (NYSE: WLT) gained 7.01 points on the trading day, high on the trading day $98.56, low on the trading day $91.46 for a closing price at $98.14; Bunge Limited (NYSE: BG) shed 1.92 points on the trading day, high on the trading day $120.49, low on the trading day $116.00 for a closing price at $117.85; Rio Tinto plc (NYSE: RTP) gained 17.60 points on the trading day, high on the trading day $463.50, low on the trading day $448.02 for a closing price at $462.05; Brasil Telecom Partipacoes SA (NYSE: BRP) shed 6.15 points on the trading day, high on the trading day $82.67, low on the trading day $77.19 for a closing price at $78.45; Monsanto Company (NYSE: MON) gained 2.33 points on the trading day, high on the trading day $137.90, low on the trading day $133.76 for a closing price at $137.26; United States Steel Corporation (NYSE: X) gained 8.03 points on the trading day, high on the trading day $175.35, low on the trading day $168.14 for a closing price at $174.61; Goldman Sachs Group Incorporated (NYSE: GS) gained 11.54 points on the trading day, high on the trading day $178.56, low on the trading day $169.40 for a closing price at $178.29; MasterCard Incorporated (NYSE: MA) gained 8.06 points on the trading day, high on the trading day $293.73, low on the trading day $286.20 for a closing price at $292.46; Mosaic Company (NYSE: MOS) gained 5.82 points on the trading day, high on the trading day $153.86, low on the trading day $146.00 for a closing price at $153.31; Cummins Incorporated (NYSE: CMI) gained 3.01 points on the trading day, high on the trading day $74.23, low on the trading day $70.26 for a closing price at $72.39; Petroleo Brasileiro SA (NYSE: PBR) gained 1.43 points on the trading day, high on the trading day $68.96, low on the trading day $66.94 for a closing price at $67.94; CME Group Incorporated (NYSE: CME) gained 18.30 points on the trading day, high on the trading day $414.95, low on the trading day $398.13 for a closing price at $414.90; Potash Corporation Saskatchewan (NYSE: POT) gained 3.55 points on the trading day, high on the trading day $227.33, low on the trading day $220.87 for a closing price at $226.13.

News on the NASDAQ today: advanced stocks 2,076 declined stocks 842; unchanged stocks 130; stocks hitting new highs 34; stocks hitting new lows 146. Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today: Steel Dynamics Incorporated (NasdaqGS: STLD) gained 2.72 points on the trading day, high on the trading day $39.94, low on the trading day $37.71 for a closing price at $39.47; Perfect World Company Limited (NasdaqGS: PWRD) gained 3.26 points on the trading day, high on the trading day $25.59, low on the trading day $23.81 for a closing price at $25.15; Apple Incorporated (NasdaqGS: AAPL) shed 2.64 points on the trading day, high on the trading day $174.16, low on the trading day $165.31 for a closing price at $170.61; Research In Motion Limited (NasdaqGS: RIMM) gained 3.46 points on the trading day, high on the trading day $133.19, low on the trading day $127.63 for a closing price at $133.05; First Solar, Incorporated (NasdaqGS: FSLR) gained 12.60 points on the trading day, high on the trading day $274.39, low on the trading day $264.14 for a closing price at $274.40; Google Incorporated (NasdaqGS: GOOG) gained 16.90 points on the trading day, high on the trading day $575.70, low on the trading day $561.33 for a closing price at $569.85.

News on the American Stock Exchange (AMEX) today: advanced stocks 701; declined stocks 447; unchanged stocks 87; stocks hitting new highs 17; stocks hitting new lows 31.

U.S. May Consumer Prices rose 0.6% as compared to consensus of an increase by 0.5%; U.S. May CPI Excluding-Food & Energy rose 0.2% as compared to consensus of an increase by 0.2%; U.S. May CPI Unrounded rose 0.649%; U.S. May CPI Core rose 0.202%; U.S. May CPI Energy Prices +rose 4.4%; U.S. May CPI Food Prices rose 0.3%; U.S. Real Average Weekly Earnings fell 0.4% in May.

University of Michigan Mid-June Expectations came in at 49.0 compared to reading in May of 51.1; University of Michigan 12-Month Inflation Forecast rose 5.1% compared to May with an increase by 5.2%; University of Michigan 5-Year Inflation Forecast rose 3.4% compared to May with an increase by 3.4%; University of Michigan Mid-June Current Index came in at 68.7 compared to May reading at 73.3; University of Michigan Mid-June Sentiment came in at 56.7 compared to May reading at 59.8.

Commodities Markets
Energy Sector: Light Crude (NYM) shed $1.88 on the day to close at $134.86 a barrel ($US per bbl.); Heating Oil (NYM) shed $0.11 on the day to close at $3.84 a gallon ($US per gal.); Natural Gas (NYM) shed $0.17 on the day to close at $12.63 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.06 on the day to close at $3.46 a gallon ($US per gal.).

Metals Markets: Gold (CMX) gained $1.10 to close at $873.10 ($US per Troy oz.); Silver (CMX) gained $0.08 to close at $16.56 ($US per Troy oz.); Platinum (NYM) gained $11.10 on the day to close at $2,037.00 ($US per Troy oz.) and Copper (CMX) gained $0.05 on the day to close at $3.59 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 1.05 to close at 75.15; Pork Bellies (CME) gained 0.58 to close at 73.90; Live Cattle (CME) gained 0.68 to close at 102.28; Feeder Cattle (CME) gained 0.10 to close at 109.15.

Other Commodities (cents per bu.): Corn (CBT) gained 25.50 to close the session at 765.00 and Soybeans (CBT) gained 18.50 to close session at 1,531.00.

Bond action for the day: 2 year bond closed with no change at 99 6/32 with a Yield of 3.04, Yield Change -0.01; 5 year bond shed 5/32 to close at 98 30/32 with a Yield of 3.73, Yield Change +0.04; 10 year bond gained 5/32 to close at 97 14/32 with a Yield of 4.26, Yield Change +0.05; the 30 year bond shed 13/32 to close at 93 13/32 on the day with a Yield of 4.79, Yield Change +0.03.

The e-mini Dow $5 ended the commodity session today at 12,163 with a gain of 105 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.

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

Stocks Trading Room:
Jeannie - $8,456
Barry - $7,486
Marty - $6,591
Sam - $3,361

Futures Trading Room:
JT - $2,980

Forex Trading Room:
JT - $4,950

Daily Swing Trades:
Barry - $8,440

Weekly Swing Trades:
Jeannie - $3,790

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