DAILY MARKET HIGHLIGHTS

2385 Executive Center Drive, Suite 400 • Boca Raton, Florida 33431
Phone: (561) 922&
922&5266 • Fax: (561) 623&
623&6235
www.prismtradingschool.com

Tuesday 11.10.2009

CURRENT MARKET SENTIMENT

Up, up and away!!! We did so with a strong be recommended, thus the pivots may be the
finish to 10227 (Dow) and 1093 (S&P) best point of reference. The retracement has
establishing a new high for the Dow. An been erratic. Shake and bake is the genre of
empty day in the economic calendar opens the the downside. In this case, only sell and hold
possibility of further squeezola. Yet, with two would yield some profit.
consecutive daily triple digit gain, a rest might

PRISM CALL

After 5 or so days up, the market is indicating slightly down. Gold and Oil continue to trade positive.
Market has hit our 10,200 target, and will probably look to go towards 10,300. If the market
bounces, look for a failed rally. If the market sells a little, wait and see if selling pressure comes in, if
not, buy. Should we see selling pressure accelerate, the market definitely has room to make up. The
odds are that the market will wait for Thursday’s numbers before backing away big.

ECONOMIC CALENDAR INDU & SPUZ TECHNICALS

NONE TODAY INDICES S2 S1 PIVOT R1 R2

INDU
9951 10030 10159 10287 10366
(DOW)
SPUZ
(S&P) 1065 1070 1086 1099 1107

Page |1
RISK DISCLAIMER: There is a very high degree of risk involved in trading equities. Trading is not for every investor and only risk capital should be used. Past results are not indicative of future returns. Prism
Trading School, LLC (“Prism”) and all individuals affiliated with Prism assume no responsibilities for your trading and investment results. The indicators, strategies, articles and all other features are for educational
purposes only and should not be construed as investment advice. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves and hereby and absolutely
agrees to indemnify and hold harmless Prism, its principals, agents and employees. All of the material contained herein is believed to be correct, however, Prism will not be held responsible for accidental oversights,
typos or incorrect information from sources that generate fundamental and technical information. Prism does not warrant the completeness or accuracy of such information, and does not warrant any results from the
use of the information. Your use of Prism materials is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any
trade and make your own independent decisions regarding any securities mentioned herein. Prism affiliates may have a position or effect transactions in the securities described herein (or options thereon) and/or
otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.
 FOREIGN MARKETS NEWS

RL Polo Ralph Lauren added

MARKET PRICE
 %
to Americas Conviction Buy
FTSE 5232.85 2.33 -0.04 list at Goldman- Reuters
(81.68 )
DAX 5618.5 1.22 -0.02

HANG SENG 22268.16 60.61 0.27 KR Kroger added to Americas

Conviction Buy list at
NIKKEI 9870.73 61.74 0.63 Goldman- Reuters (23.69 )
CHINA 3178.61 3.025 0.1 CCE Coca-Cola Ent removed
from Americas Conviction Buy
list at Goldman; keeps Buy
DOW STOCKS TO WATCH COMMODITY PRICES
rating- Reuters (20.10 )
STRONG WEAK
COMMODITY PRICE
 IHG Intercontinental Hotels
HPQ CVX Group rates still under pressure
- DJ (14.10 )
OIL 79.75 0.32
CAT KFT
COMDX IEA says climate deal
DD JNJ
GOLD 1101.2 0.20 would cut oil-demand growth –
AXP MCD WSJ

FTSE, CAC, DAX all modestly

UPGRADES & DOWNGRADES better

BCS Barclays PLC restarts

STOCKS UPGRADED dividends; expects bad debts to
BROKERAGE peak earlier than it had
COMPANY RATINGS CHANGE PRICE TARGET
FIRM previously expected -- Reuters
Robert Half (RHI) Deutsche Bank Sell >> Hold 24.36 26 (23.17 )
Rackspace (RAX) Oppenheimer Perform >>
18.32 24 SJM J.M. Smucker tgt raised to
Outperform
Avaya (AV) Societe Generale Hold >> Buy $65 at Oppenheimer ahead of
13.82
2Q10 results (53.57 )
Roayl Bank of Scotland Deutsche Bank Hold >> Buy
13.52
(RBS)
Dodd set to unveil financial
Adobe Systems (ADBE) Janney Mntgmy Neutral >>Buy
36.45 reform bill – Reuters
Scott
Health Management Argus Buy
(HMA)
6.04 10 AIG American Intl: AIG Will
Taiwan Semi (TSM) FBR Capital Outperform
Be Able to Repay Fed Loan,
9.95 13 Moody’s Says - Bloomberg.com
STOCKS DOWNGRADED
(36.18 +0.70) –Update
BROKERAGE
COMPANY
FIRM
RATINGS CHANGE PRICE TARGET BJ BJ's Wholesale added to
Energy Conversion Overweight >> Conviction Sell list at
JP Morgan 10.93
(ENER) Neutral Goldman- Reuters (36.75 )

Page |2
www.prismtradingschool.com
 NEWS & EARNINGS REPORT

DG Dollar General: Cramer comments that IPO is too expensive

World Bank officer opposes Yuan rise – WSJ

Obama says he will raise yuan issue with China - Reuters.com

Fed's Tarullo says central banks should mull tools to tackle bubbles – DJ

U.S. Chain store sales decreased 0.08% in Nov 7 week vs +0.1% in prior week, according to
ICSC/Goldman Sachs

MBI MBIA Inc: Color on qtr (4.80 )

Deutsche Bank notes last night MBIA's operating loss per share was $1.24 vs the Street loss est of
$1.05 and its loss est of $1.23.

HBC HSBC Holdings says higher 3Q underlying profit as US loan charges down - DJ (58.30 )

HEW Hewitt Associates beats by $0.05, reports revs in-line; guides FY10 EPS in-line (38.25 )

JAVA Sun Microsystems: European Commission issued a statement of objections relating to the
acquisition of Sun by Oracle - 8-K (8.24 )

GOLD Randgold Resources reports select Q3 results (78.85 ) -Update-

TYC Tyco beats by $0.07, beats on revs (35.39 )

MDR McDermott beats by $0.11, beats on revs (24.16 +0.27)

BZH Beazer Homes reports Q4 (Sep) results, beats on revs; files universal shelf registration (4.69 )

Co reported gold sales of $103.5 mln vs $112.47 mln consensus

Page |3
www.prismtradingschool.com
 TECHNICAL ANALYSIS

Symbol S7 S6 S5 S4 S3 S2 S1 PIVOT R1 R2 R3 R4 R5 R6 R7
Sectors
SPX 1044.43 1052.41 1057.34 1065.31 1073.29 1075.75 1078.21 1086.19 1094.18 1096.63 1099.10 1107.07 1115.05 1119.98 1127.95
INDU 9743.38 9822.68 9871.68 9950.99 10030.29 10054.79 10079.19 10158.60 10238.01 10262.40 10286.90 10366.21 10445.51 10494.51 10573.82
NDX 1709.05 1718.76 1724.77 1734.49 1744.20 1747.21 1750.20 1759.93 1769.66 1772.65 1775.65 1785.37 1795.08 1801.09 1810.81
XBD 110.67 111.84 112.56 113.74 114.91 115.27 115.63 116.81 117.98 118.34 118.70 119.88 121.05 121.77 122.95
BKX 40.86 41.43 41.79 42.36 42.93 43.11 43.29 43.86 44.43 44.61 44.79 45.36 45.93 46.29 46.86
TRAN 3750.58 3779.19 3796.86 3825.48 3854.09 3862.93 3871.73 3900.38 3929.03 3937.83 3946.66 3975.28 4003.89 4021.56 4050.18
OIX 670.41 675.74 679.03 684.36 689.69 691.34 692.98 698.31 703.65 705.29 706.93 712.26 717.59 720.88 726.21
OSX 186.82 189.19 190.65 193.03 195.40 196.13 196.86 199.24 201.61 202.34 203.07 205.45 207.82 209.28 211.66
XNG 489.66 495.03 498.35 503.72 509.09 510.75 512.41 517.78 523.16 524.81 526.47 531.84 537.21 540.53 545.90
CYC 715.47 725.24 731.28 741.04 750.81 753.83 756.83 766.61 776.39 779.40 782.42 792.18 801.95 807.99 817.75
UTY 380.99 383.28 384.69 386.98 389.27 389.98 390.68 392.97 395.26 395.97 396.67 398.96 401.25 402.66 404.95
DRG 283.72 285.89 287.23 289.40 291.57 292.24 292.90 295.08 297.25 297.92 298.59 300.76 302.93 304.27 306.44
RLX 384.99 387.95 389.78 392.75 395.71 396.63 397.54 400.51 403.47 404.39 405.30 408.27 411.23 413.06 416.03

Tradeables

SPY 105.50 106.18 106.59 107.26 107.94 108.14 108.35 109.02 109.70 109.90 110.11 110.78 111.46 111.87 112.54
DIA 98.86 99.45 99.81 100.39 100.98 101.16 101.34 101.92 102.51 102.69 102.87 103.45 104.04 104.40 104.98
QQQQ 42.02 42.27 42.42 42.66 42.91 42.98 43.06 43.30 43.55 43.62 43.70 43.94 44.19 44.34 44.58
QLD 50.21 50.79 51.15 51.73 52.31 52.49 52.67 53.25 53.83 54.01 54.19 54.77 55.35 55.71 56.29
IWM 57.57 57.85 58.02 58.29 58.57 58.65 58.74 59.01 59.29 59.37 59.46 59.73 60.01 60.18 60.45
OIH 120.35 121.11 121.58 122.34 123.10 123.34 123.57 124.33 125.09 125.33 125.56 126.32 127.08 127.55 128.31
XLE 56.96 57.17 57.30 57.50 57.71 57.77 57.84 58.04 58.25 58.31 58.38 58.58 58.79 58.92 59.12
FAZ 16.46 17.11 17.52 18.18 18.83 19.04 19.24 19.90 20.55 20.76 20.96 21.62 22.27 22.68 23.34
FAS 65.38 67.53 68.87 71.03 73.18 73.85 74.52 76.68 78.84 79.50 80.17 82.33 84.48 85.82 87.98
SRS 7.91 8.21 8.39 8.70 9.00 9.09 9.18 9.49 9.79 9.88 9.97 10.28 10.58 10.76 11.07
SDS 34.91 35.38 35.67 36.14 36.61 36.75 36.90 37.37 37.84 37.98 38.13 38.60 39.07 39.36 39.83
USO 39.22 39.48 39.64 39.91 40.17 40.25 40.33 40.60 40.86 40.94 41.02 41.29 41.55 41.71 41.98
SKF 21.85 22.38 22.72 23.25 23.78 23.95 24.11 24.65 25.19 25.35 25.52 26.05 26.58 26.92 27.45

Page |4
www.prismtradingschool.com