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Market Commentary
Stock Market Today Highlights of Winners & Losers
Date: 9/13/2011
Stock Market Today
Highlights of Winners & Losers Google (GOOG) Apple (AAPL) Priceline.com (PCLN) Mastercard (MA) Sina (SINA) First Solar (FSLR) Linkedin (LNKD) Apple Computers (AAPL) Neftlix (NFLX).
The S&P 500 index closed at 1,172.87 up 10.6 points or .91% after hitting an intraday low of 1157.44 and an intraday high of 1176.41. SMF Pro Options Traders hit the low of the 1,175 Put option with an entry at $14 and exited the trade at $18.1 before the option rolled over hit and hit the lows again. Learn how to trade stock options and S&P 500 index options by mastering the wholesale entry with StockMarketFunding.com. We have consistantly been making markets in the (SPX.X) index options and we're the #1 provider of "live options trade" on the S&P 500 on YouTube! Watch today's series of live videos where we reocrd our entry & exits on the S&P 500.
Broad buying among commodities helped the CRB Commodity Index climb to a 0.5% gain. It is up only 0.9% this year, though.Among its more widely watched components, oil was a top performer today. Futures contract prices closed with the commodity priced 2.3% higher at $90.21 per barrel. Elsewhere in the energy complex, natural gas prices scored a 2.6% gain by settling pit trade at $3.98 per MMBtu.
Precious metals performed well, too. Specifically, gold prices gained 0.9% to close pit trade at $1830 per ounce. Meanwhile, silver settled at $41.19 per ounce for an even stronger gain of 2.4%. DJ30 +53.05 NASDAQ +37.35 SP500 +10.98 NASDAQ Adv/Vol/Dec 1840/1.42 bln/690 NYSE Adv/Vol/Dec 2170/695 mln/830Stocks began to roll over from afternoon highs, but have since stabilized.
Support from buyers coincides with recent headlines that suggest members of the BRIC nations -- that is, Brazil, Russia, India, China -- are in preliminary talks to purchase eurozone sovereign debt. Just yesterday, word circulated that a sovereign wealth fund from China was interested in purchasing debt from Italy.
Recent headlines have also helped take the euro higher, so that it now sports a 0.4% lead over the greenback. The euro is up a relatively tame 2.3% year to date. DJ30 +43.48 NASDAQ +34.71 SP500 +10.24 NASDAQ Adv/Vol/Dec 1890/1.28 bln/620 NYSE Adv/Vol/Dec 2280/615 mln/705