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DAILY MARKET HIGHLIGHTS

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33431
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www.prismtradingschool.com

Thursday

11.05.200

CURRENT MARKET SENTIMENT

The

fail given the transportation and cyclical
indices have been lagging far behind the
major indices. This same pattern is very
much expected to repeat on a
Thursday. Be cognizant that the S&P
has been the weaker leg, thus will
require a herculean effort to finish the
week in positive territory.

interest rate issue has been
temporarily resolved; can the Yankees
championship lead the market higher?
The
indices
had
a
lack
luster
performance
after
the
fed’s
announcement, finishing the day at
9802(Dow) and 1047(S&P) below the
weekly pivot (9824/1054). Once again,
an initial move on the upside is likely to

PRISM CALL

Futures are bouncing on better than expected jobless numbers. We think the bears are
in control of this market, so sell the rallies. Expectations are for a move like yesterday,
up opening with a selloff to follow.

ECONOMIC CALENDAR
EXPECTATIO
N

PRIOR

ACTUAL

3.8% to
8.5%
-6.3%
to
-1.9%
510K to
535K

6.50%

6.60%

9.5%

TIME

INDICATOR

RANGE

8:30
AM
8:30
AM

Non farm
Productivity
Unit Labor
Costs

8:30
AM

Initial
Jobless
Claims
Continuing
Claims

8:30
AM

10:3
EIA Natural
0
Gas Storage
AM
Change
11:0
ICSC Chain
0
Store Sales
AM RISK DISCLAIMER:
YoY There

INDU & SPUZ TECHNICALS

-4.2%

-5.9%

-5.2%

522K

530K

512K

5730K
to
5860K
20 to
40

5750K

5797K

5749K

30

25

--

--

0.10%

INDIC
ES
INDU
(DOW)
SPUZ
(S&P)

S2

S1

PIVO
T

R1

R2

967
1

970
3

9832

993
2

9993

102
9

104
1

1051

106
1

1067

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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.

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FOREIGN MARKETS
DOW STOCKS TO WATCH

MARKET

PRICE

FTSE

5093/65

14.24

-0.28

DAX

5440.15

4.08

-0.07

HANG SENG

21479.0
8
9717.44

135.69

-0.63

126.87

-1.29

NIKKEI
CHINA

3155.05
3

%

26.516

STRONG

WEAK

MCD

DD

MRK

XOM

WMT

JPM

0.85

COMMODI
TY

PRICE

OIL

80.18

GOLD

1091.
2

TRV

3.90

STOCKS UPGRADED
BROKERAGE
FIRM

Brinker (EAT)

Bernstein

Medtronic (MDT)

Credit Suisse

TRW Automotive
(TRW)
Palm (PALM)

Keybanc
Barclays

RATINGS
CHANGE
Underperform>>
Market Perform
Neutral >>
Outperform
Hold >> Buy
Underweight >>
Equal-Weight

PRICE


0.22

UPGRADES & DOWNGRADES

COMPANY

RL Polo Ralph Lauren
announces increase of
PRICES
its COMMODITY
quarterly
cash
NEWS
dividend to $0.10 from
$0.05 and additional
$225 mln stock
repurchase
authorization (75.30 3.17)

TARGET

QCOM Qualcomm sees
Q1 $0.54-0.58 vs $0.56
First Call consensus;
sees revs $2.55-2.75
bln vs $2.84 bln First
Call consensus
CSCO Cisco Systems on
call guides Q2 revs
above consensus
(23.29 +0.38)
Senate approves
jobless, housing aid Reuters.com

13.02
36.55
19.25

QCOM Qualcomm sees
FY10 $2.10-2.30 vs
$2.32 First Call
consensus; sees revs
$10.5-11.3 bln vs
$11.61 bln First Call
consensus

29

10.86

ECONX European
Central Bank leaves
rates unchanged at
1.00% as expected
UK September
Manufacturing output
rises at fastest pace
for 7 yrs – DJ

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www.prismtradingschool.com

Euro-zone retail sales
fell for third month – DJ

EARNINGS
UL Unilever 3Q sales beats hopes on strong volumes - DJ (30.22 )
SLE Sara Lee beats by $0.08, misses on revs; guides FY10 EPS above consensus
(11.40
SPR Spirit Aerosystems beats by $0.07, misses on revs; guides FY09 EPS in-line,
revs below consensus (16.63 )
OMG OM Group beats by $0.23, reports revs in-line (27.56 )
FTO Frontier Oil misses by $0.11, misses on revs (13.80 )
BVF Biovail beats by $0.21, misses on revs (13.25 )
KG King Pharms beats by $0.02, beats on revs (10.19 )
HGG HHGregg beats by $0.06, beats on revs; guides FY10 EPS in-line (17.91 )
NDAQ NASDAQ reports EPS in-line, beats on revs (18.20 )
CAH Cardinal Health beats by $0.11, misses on revs; guides FY10 EPS in-line
(29.13 )
CVS CVS Caremark beats by $0.01, reports revs in-line (26.15 )
OWW Orbitz misses by $0.04, misses on revs (5.41 )
OWW Orbitz announces equity investments totaling $100 mln (5.41 )
SE Spectra Energy beats by $0.04, misses on revs; reaffirms FY09 EPS guidance
(19.47 )
PCS MetroPCS beats by $0.12, beats on revs (6.62 )
CI CIGNA beats by $0.10, misses on revs; guides FY09 EPS in-line (29.78 )
TWC Time Warner Cable beats by $0.01, reports revs in-line (40.05 )
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www.prismtradingschool.com

RIMM Research In Motion announces its Board has authorized a buyback of up to
$ 1.2 bln, or approx 21 mln common shares based on current trading prices
(57.61 )
COST Costco reports Oct same store sales +5.0% vs +4.8% Briefing.com
consensus (58.81 )
MUR Murphy Oil misses by $0.01, beats on revs; guides Q4 EPS below consensus
(63.27 +0.04)
ALL Allstate misses by $0.02, misses on revs
PVA Penn Virginia misses by $0.12, beats on revs (20.73 +0.00)
PRU Prudential beats by $0.26, reports revs in-line; guides FY09 EPS in-line
WFMI Whole Foods beats by $0.02, reports revs in-line; guides FY10 EPS below
consensus (32.06 +0.00)
CSCO Cisco Systems beats by $0.05, beats on revs; increases buyback by $10 bln
(23.29 +0.38)

TECHNICAL ANALYSIS

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S7

S ym b o l

S6

S5

S4

S3

S2

S1

PIV O T

R1

R2

R3

R4

R5

R6

R7

S ec to r s
SPX

1 0 1 9 .1 81 0 2 5 .2 41 0 2 8 .9 81 0 3 5 .0 31 0 4 1 .0 9 1 0 4 2 .9 6 1 0 4 4 .8 2 1 0 5 0 .8 8 1 0 5 6 .9 5 1 0 5 8 .8 1 1 0 6 0 .6 8 1 0 6 6 .7 3 1 0 7 2 .7 9 1 0 7 6 .5 3 1 0 8 2 .5 8

INDU

9 5 1 0 .6 49 5 7 2 .1 09 6 1 0 .0 89 6 7 1 .5 49 7 3 3 .0 0 9 7 5 1 .9 9 9 7 7 0 .9 0 9 8 3 2 .4 4 9 8 9 3 .9 8 9 9 1 2 .8 9 9 9 3 1 .8 8 9 9 9 3 .3 4 1 0 0 5 4 .8 01 0 0 9 2 .7 81 0 1 5 4 .2 4

NDX

1 6 4 0 .1 71 6 4 9 .0 71 6 5 4 .5 71 6 6 3 .4 71 6 7 2 .3 7 1 6 7 5 .1 2 1 6 7 7 .8 6 1 6 8 6 .7 7 1 6 9 5 .6 8 1 6 9 8 .4 2 1 7 0 1 .1 7 1 7 1 0 .0 7 1 7 1 8 .9 7 1 7 2 4 .4 7 1 7 3 3 .3 7

1 0 7.13 1 08 .1 8 1 08.8 2 10 9.86 11 0.91 11 1.23 111 .55
38.5 8 3 9.2 9 3 9.72 40.42 41.1 3 41 .3 4 4 1.56
T RA N 3 57 8.4036 1 3.1336 34 .5 936 69 .3 33 70 4.06 3 71 4.79 37 25.4 8
6 5 9.08 6 63 .8 9 6 66.8 6 67 1.67 67 6.48 67 7.97 679 .45
OIX
1 8 2.49 1 84 .5 4 1 85.8 1 18 7.87 18 9.92 19 0.56 191 .19
OSX
4 8 2.29 4 86 .4 0 4 88.9 4 49 3.05 49 7.16 49 8.43 499 .69
XNG
6 8 8.59 6 96 .7 8 7 01.8 4 71 0.03 71 8.22 72 0.75 723 .27
C YC
3 6 9.01 3 71 .8 9 3 73.6 8 37 6.57 37 9.45 38 0.35 381 .23
UT Y
2 7 6.80 2 78 .9 9 2 80.3 4 28 2.52 28 4.71 28 5.38 286 .06
DRG
3 7 0.69 3 73 .1 4 3 74.6 5 37 7.09 37 9.54 38 0.29 381 .05
RL X
XBD
BKX

112.59
42 .26
3760.26
684.26
193.25
503.81
731.47
384.13
288.24
383.49

11 3.64 11 3.9 6 1 14 .2 8 1 15 .3 2 116.37 117 .0 1 118.05
42.97 4 3.18 4 3.40 4 4.1 0 44.8 1 45.24 45.94
3795.04 3 805 .72 38 16 .4 5 38 5 1.19 3 88 5.92 3 907.38 3942 .12
68 9.08 69 0.5 6 6 92 .0 4 6 96 .8 5 701.66 704 .6 3 709.44
19 5.30 19 5.9 4 1 96 .5 7 1 98 .6 3 200.68 201 .9 5 204.01
50 7.92 50 9.1 9 5 10 .4 6 5 14 .5 7 518.68 521 .2 2 525.33
73 9.67 74 2.1 9 7 44 .7 2 7 52 .9 1 761.10 766 .1 6 774.35
38 7.02 38 7.9 1 3 88 .8 0 3 91 .6 9 394.57 396 .3 6 399.25
29 0.43 29 1.1 0 2 91 .7 8 2 93 .9 6 296.15 297 .5 0 299.68
38 5.94 38 6.6 9 3 87 .4 5 3 89 .8 9 392.34 393 .8 5 396.29

T r a d ea b l es
SPY
DIA
QQQ Q
QL D
IW M
OIH
XL E
FA Z
FA S
SRS
SDS
USO
SKF

1 0 1.94
95.6 2
40.3 1
46.2 1
53.8 7
1 1 3.56
54.2 2
18.3 7
56.5 3
8 .6 9
37.5 5
39.4 2
23.4 4

1 02 .5 8
9 6.1 7
4 0.5 4
4 6.7 3
5 4.4 1
1 14 .8 6
5 4.6 7
1 9.1 3
5 8.9 3
8.96
3 8.0 4
3 9.7 3
2 4.0 5

1 02.9 8
9 6.51
4 0.68
4 7.05
5 4.75
1 15.6 7
5 4.95
1 9.61
6 0.41
9.13
3 8.35
3 9.92
2 4.42

10 3.62
97.06
40.90
47.58
55.30
11 6.98
55.40
20.37
62.81
9 .4 1
38.85
40.22
25.03

10 4.26
97.6 1
41.1 3
48.1 0
55.8 4
11 8.28
55.8 5
21.1 3
65.2 1
9 .6 8
39.3 4
40.5 3
25.6 4

10 4.46 104 .66 105.30 10 5.94
97 .7 8 9 7.95 98 .50 99.05
41 .2 0 4 1.27 41 .49 41.72
48 .2 6 4 8.42 48 .95 49.47
56 .0 1 5 6.18 56 .73 57.27
11 8.69 119 .09 120.40 12 1.70
55 .9 9 5 6.13 56 .58 57.03
21 .3 7 2 1.61 22 .37 23.14
65 .9 5 6 6.68 69 .09 71.49
9.7 7
9 .8 5
10 .13 10.40
39 .5 0 3 9.65 40 .15 40.64
40 .6 2 4 0.72 41 .02 41.33
25 .8 3 2 6.01 26 .62 27.23

10 6.1 4
9 9.22
4 1.79
4 9.63
5 7.44
12 2.1 1
5 7.17
2 3.37
7 2.23
1 0.49
4 0.80
4 1.42
2 7.42

1 06 .3 4
9 9.39
4 1.86
4 9.79
5 7.61
1 22 .5 1
5 7.31
2 3.61
7 2.97
1 0.57
4 0.95
4 1.52
2 7.60

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1 06 .9 8
9 9.9 4
4 2.0 8
5 0.3 2
5 8.1 6
1 23 .8 2
5 7.7 6
2 4.3 7
7 5.3 7
1 0.8 5
4 1.4 5
4 1.8 2
2 8.2 1

107.62
100.49
42.3 1
50.8 4
58.7 0
125.12
58.2 1
25.1 3
77.7 7
11.1 2
41.9 4
42.1 3
28.8 2

www.prismtradingschool.com

108 .0 2
100 .8 3
42.45
51.16
59.04
125 .9 3
58.49
25.61
79.25
11.29
42.25
42.32
29.19

108.66
101.38
42.67
51.69
59.59
127.24
58.94
26.37
81.65
11.57
42.75
42.62
29.80