Stanford Group

Stanford Group is under fire from the Department of Justice. Sir R. Allen Stanford was indicted early Friday on charges of fraud and obstruction of justice. A criminal complaint was filed against Stanford Groups' chief investment officer Laura Pendergest-Holt in addition to Mark Kuhrt and Gilberto Lopenz, the firms accountants.

Quadruple witching was on tap for the day, posing treacherous trading for the active day trader. Quadruple witching is the simultaneous expiry of equity options, index options, single stock futures and index futures.

Good news out today from General Motors (GM) as as they announced that 900 workers are to be called back to work at the crossover plant in Michigan. Apparently there is a surge in increased sales of the GMC Acadia, Buick Enclave and the Saturn Outlook. In addition, GM has nixed its plans to shut down the Spring Hill, Tennessee plant for an additional week during August due to increased demand for the crossover, Chevrolet Traverse.

Economic data released today: N/A

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 trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) shed 15.87 points, EOD 8,539.73
NYSE (New York Stock Exchange) no change, EOD 5,934.03
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 19.75 points, EOD 1,827.47
S&P 500 (SPX) gain 2.86 points, EOD 921.23
BEL 20 (BEL20) gain 16.88 points, EOD 1,997.71
CAC 40 (CAC40) gain 27.21 points, EOD 3,221.27
FTSE100 (UKX100) gain 65.07 points, EOD 4,345.93
NIKKEI 225 (NIK/O) gain 82.54 points, EOD 9,786.26

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,890, declined stock prices 1,145, unchanged stock prices 109, stock prices hitting new highs 22 and stock prices hitting new lows 2. 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: RTP gain 7.26 points, HOD $169.25, LOD $162.08, EOD $167.79; CME shed 1.50 points, HOD $331.95, LOD $324.62, EOD $327.56; DVN shed 1.78 points, HOD $62.24, LOD $59.00, EOD $59.64; CHU gain 0.10 points, HOD $14.17, LOD $13.80, EOD $13.82; TNK shed 1.41 points, HOD $9.50, LOD $8.64, EOD $9.20; ESI shed 1.90 points, HOD $99.54, LOD $94.75, EOD $95.13; LNC shed 0.94 points, HOD $17.10, LOD $16.20, EOD $16.86

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,592, declined stock prices 1,106, unchanged stock prices 125, stock prices hitting new highs 33 and stock prices hitting new lows 6. 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: FSLR gain 3.21 points, HOD $175.71, LOD $171.69, EOD $173.46; RIMM shed 3.77 points, HOD $76.70, LOD $72.50, EOD $72.78; OCLS gain 0.42 points, HOD $4.17, LOD $3.49, EOD $3.77; SWHC gain 1.10 points, HOD $6.13, LOD $5.55, EOD $6.03; IDU gain 3.56 points, HOD $299.83, LOD $292.23, EOD $297.60; SRG gain 4.57 points, HOD $163.51, LOD $157.39, EOD $161.15; AAPL gain 3.60 points, HOD $139.50, LOD $136.90, EOD $139.48.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 312, declined stock prices 219, unchanged stock prices 50, stock prices hitting new highs 9 and stock prices hitting new lows 4.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 916.00; Change 0.25
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,466.00; Change 2.00
E-mini DOW $5 (YM) Sept 09: EOD 8,476; Change 0
E-mini S&P MidCap 400 (MF) Sept 09: EOD 575.50; Change -0.30
Nikkei 225 (Yen) Sept 09: EOD 9,830; Change 0

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7166 to U.S. Dollars 1.3954
Japanese Yen 96.23 to U.S. Dollars 0.0104
British Pound 0.6060 to U.S. Dollars 1.6502
Canadian Dollar 1.1346 to U.S. Dollars 0.8814
Swiss Franc 1.0801 to U.S. Dollars 0.9258

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (July 09) shed $1.82, EOD $69.55 per barrel ($US per barrel)
Heating Oil (August 09) shed $0.05, EOD $1.83 a gallon ($US per gallon)
Natural Gas (August 09) shed $0.09, EOD $4.19 per million BTU ($US per mmbtu.)
Unleaded Gas (July 09) shed $0.11, EOD $1.92 a gallon ($US per gallon) 

Metals Markets - Comex:
Gold (August 09) gain $1.60, EOD $939.00 ($US per Troy ounce)
Silver (July 09) shed $0.04, EOD $14.20 ($US per Troy ounce)
Platinum (July 09) gain $3.60, EOD $1,211.20 ($US per Troy ounce)
Copper (September 09) shed $0.02, EOD $2.26 ($US per pound)  

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (August 09) gain 2.65, EOD 61.80
Pork Bellies (August 09) gain 1.75, EOD 60.80
Live Cattle (August 09) gain 0.43, EOD 82.13
Feeder Cattle (August 09) gain 0.30, EOD 98.10 

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed 4.25, EOD 419.50
Soybeans (November 09) shed 37.50, EOD 1,006.00

BOND MARKET:
2 year EOD 99 11/32, change 3/32, Yield 1.21, Yield change 0.05
5 year EOD 97 14/32, change 5/32, Yield 2.80, Yield change -0.04
10 year EOD 94 19/32, change 12/32, Yield 3.78, Yield change -0.05
30 year EOD 95 21/32, change 1 22/32, Yield  4.51, change -0.11

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

Stocks Trading Room:  
Jeannie $3,734
Barry $6,564
Scott $431
Marty $3,240
Andre $288

Futures Trading Room: 
JT $3,840
Marco $312.50
Leah $240.00

Forex Trading Room: 
JT $18,000 
Leah No Calls

Daily Swing Trades: 
Barry $8,960 

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