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THE DAILY BRIEF

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Friday 11.13.2009

CURRENT MARKET SENTIMENT

After eight days, the indices took a reprieve 10288 and the 1095 level which may lead to
down to finish at 10197 (Dow) and 1087 further profit taking before the weekend. On
(S&P). Will there be a follow through? This the other hand, a small initial opening and
may lie on the consumer confidence number. pessimistic consumer perception of the holiday
A positive number may boost the indices up to may see the indices go to 10112 and 1081.

PRISM CALL

The futures are pointing up. The up side has been swift while the down side has been choppy. Today’s
market may be range bound due to the need to finish higher for the week. However, if we spike higher
in the Consumer Confidence number, there may be greater volatility. Shorting the spikes at a
reasonable level might be the best approach due to weekend sell off. Wait for direction after the
number.

ECONOMIC CALENDAR INDU & SPUZ TECHNICALS

TIME INDICATOR RANGE EXPECTATION PRIOR ACTUAL INDICES S2 S1 PIVOT R1 R2
8:30 Trade Balance -$34.1B -$31.8B -$30.7B -$36.5B
AM to -
INDU
10080 10137 10230 10323 10381
$28.6B (DOW)
8:30 Import Price 0.5% to 1.00% 0.10% 0.7% SPUZ
AM Index (MoM) 1.7% (S&P) 1075 1081 1091 1101 1108
8:30 Import Price -6.1% to -5.5% -12.0% -5.7%
AM Index (YoY) -5.0%
9:55 Univ of 67.5 to 71.0 70.6
AM Michigan 75.0
Confidence
10:30 Natural Gas 10 to 23 16 29
AM Storage
Change

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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
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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

%
GOOG Google: Swiss watchdog
MARKET PRICE  
sues Google over Street View -
FTSE 5281.03 4.53 0.09 FT (567.85 )
DAX 5658.25 5.71 -0.1 SUN Sunoco added to
HANG SENG 22553.63 156.06 0.7 Conviction Sell list at Goldman-
Reuters (27.22 )
NIKKEI 9770.31 34.18 -0.35
ECONX Reminder: Export
CHINA 3187.647 14.702 0.46 Prices, Import Prices, and Trade
Balance data due out in about
19 min at 8:30ET
DOW STOCKS TO WATCH COMMODITY PRICES
DCP Dyncorp Intl cut to Sell
STRONG WEAK COMMODITY PRICE   from Neutral at Goldman-
JNJ AXP Reuters (16.84 )
OIL 76.81 0.13
DIS JPM FDML Federal-Mogul Corp cut
to Neutral from Buy at
KO BA
GOLD 1106.1 0.50 Goldman- Reuters (13.02 )
MMM
PTEN Patterson-UTI removed
from Conviction Sell list at
Goldman- Reuters (15.93 )
UPGRADES & DOWNGRADES
DSX Diana Shipping announces
STOCKS UPGRADED new loan agreement with
BROKERAGE Bremer Landesbank
COMPANY RATINGS CHANGE PRICE TARGET
FIRM
Medidata Solutions Market Perform >>
(MDSO)
Raymond James
Outperform
15.40 ADSK Autodesk initiated with a
Talisman Energy (TLM) BofA/Merrill Neutral >> Buy Buy at UBS; tgt $35 (27.69 )
17.35
Suncor Energy (SU) BofA/Merrill Underperform >> Buy URBN Urban Outfitters ests and
tgt raised to $38 at Pali
Goodyear Tire (GT) Goldman Neutral >> Buy
13.74 Research following Q3 results
Petsmart (PETM) Goldman Neutral >> Buy
24.70
(32.80 )
Alliant Tech (ATK) Goldman Sell >> Neutral
86.60 GIVN Given Imaging
Encana (ECA) Raymond James Outperform announced that a multi-center
56.11
study showed PillCam capsule
Whiting Petroleum Macquarie Neutral >> Outperform was safe in children (15.00 )
61.02
(WLL)

STOCKS DOWNGRADED AAP Advance Auto downgraded
BROKERAGE
to Neutral at Goldman; cut from
COMPANY RATINGS CHANGE PRICE TARGET Americas Buy list- Reuters
FIRM
Noble Energy (NBL) Goldman Neutral >> Sell
66.84
(38.69 )

Visa (V) Duncan-William Buy 79.92 90

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EARNINGS

CP Canadian Pacific announces CDN$400 mln debt offering of 6.45% (48.19 -0.93)

WGL WGL Holdings beats by $0.06, beats on revs; guides FY10 EPS below consensus (32.93 -0.45)

GWR Genesee & Wyoming reports traffic for October 2009; carloads declined 22.1% year/year (32.20 -
0.83)

MDCO The Medicines Co: Cleviprex results reported from study in patients with intracerebral
hemorrhage (7.15 -0.45)

SSRX 3SBIO beats by $0.04, beats on revs; reiterates FY09 rev guidance (10.89 -0.38)

RHB RehabCare announces pricing of its public offering of common stock at $24/share (25.12 +0.80)

RUE rue21 prices 6.77 mln share IPO at $19 per share; above the expected $16-18 range

FSC Fifth Street Finance increases its 2010 first quarter dividend to $0.27/share, up from prior
$0.25/share (9.64 )

ANF Abercrombie beats by $0.10, reports revs in-line (36.76 )

RINO Rino Int'l reports 3Q09 results, guides FY09 revenue higher (23.46 )

A Agilent beats by $0.09, beats on revs; guides Q1 EPS above consensus (27.43 )

JCP JC Penney misses by $0.01, reports revs in-line; guides Q4 EPS in-line (29.39 )

TNK Teekay Tankers reports Q3 EPS ex-items of $0.05 vs $0.02 First Call consensus; revs fell 54% YoY
to $21.9 mln vs $21.40 mln First Call consensus (8.41 )

DIS Walt Disney prelim $0.46 vs $0.41 First Call consensus; revs $9.87 bln vs $9.27 bln First Call
consensus

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TECHNICAL ANALYSIS

Symbol S7 S6 S5 S4 S3 S2 S1 PIVOT R1 R2 R3 R4 R5 R6 R7
Sectors
SPX 1058.35 1064.61 1068.48 1074.75 1081.01 1082.95 1084.87 1091.15 1097.42 1099.35 1101.28 1107.55 1113.81 1117.68 1123.95
INDU 9929.32 9986.77 10022.26 10079.72 10137.17 10154.92 10172.59 10230.12 10287.64 10305.32 10323.06 10380.52 10437.97 10473.46 10530.92
NDX 1730.01 1739.36 1745.14 1754.49 1763.84 1766.73 1769.60 1778.97 1788.33 1791.21 1794.10 1803.45 1812.80 1818.58 1827.93
XBD 113.83 114.58 115.05 115.81 116.56 116.80 117.03 117.79 118.54 118.78 119.01 119.77 120.52 120.99 121.75
BKX 41.25 41.71 42.00 42.47 42.93 43.08 43.22 43.69 44.15 44.30 44.44 44.91 45.37 45.66 46.13
TRAN 3806.79 3835.10 3852.59 3880.89 3909.20 3917.94 3926.65 3954.99 3983.34 3992.04 4000.79 4029.09 4057.40 4074.89 4103.19
OIX 657.73 664.09 668.03 674.40 680.76 682.73 684.69 691.07 697.44 699.40 701.37 707.74 714.10 718.04 724.41
OSX 183.22 185.99 187.70 190.46 193.23 194.08 194.93 197.70 200.47 201.32 202.18 204.94 207.71 209.42 212.18
XNG 482.90 488.16 491.41 496.66 501.92 503.54 505.16 510.42 515.69 517.30 518.93 524.18 529.44 532.69 537.94
CYC 741.41 748.26 752.49 759.35 766.20 768.32 770.42 777.29 784.15 786.26 788.37 795.23 802.08 806.31 813.17
UTY 378.77 381.15 382.63 385.01 387.39 388.13 388.86 391.25 393.64 394.37 395.11 397.49 399.87 401.35 403.73
DRG 291.92 292.95 293.59 294.63 295.66 295.98 296.30 297.34 298.37 298.69 299.01 300.05 301.08 301.72 302.76
RLX 385.17 388.51 390.57 393.91 397.25 398.28 399.30 402.65 405.99 407.02 408.05 411.39 414.73 416.79 420.13

Tradeables

SPY 105.81 106.51 106.93 107.63 108.33 108.54 108.75 109.45 110.15 110.36 110.57 111.27 111.97 112.39 113.09
DIA 99.47 100.05 100.41 100.98 101.56 101.74 101.92 102.49 103.07 103.25 103.43 104.00 104.58 104.94 105.51
QQQQ 42.57 42.80 42.94 43.18 43.41 43.48 43.55 43.79 44.02 44.09 44.16 44.40 44.63 44.77 45.01
QLD 51.38 51.97 52.33 52.91 53.50 53.68 53.86 54.44 55.03 55.21 55.39 55.97 56.56 56.92 57.50
IWM 55.17 55.83 56.24 56.90 57.56 57.77 57.97 58.63 59.30 59.50 59.70 60.36 61.02 61.43 62.09
OIH 113.17 114.95 116.04 117.82 119.60 120.15 120.69 122.47 124.25 124.80 125.34 127.12 128.90 129.99 131.77
XLE 54.12 54.73 55.10 55.70 56.31 56.49 56.68 57.28 57.89 58.07 58.26 58.86 59.47 59.84 60.44
FAZ 16.81 17.30 17.61 18.10 18.59 18.75 18.90 19.39 19.88 20.04 20.19 20.68 21.17 21.48 21.97
FAS 66.70 68.85 70.18 72.33 74.48 75.15 75.81 77.96 80.11 80.78 81.44 83.59 85.74 87.07 89.22
SRS 8.36 8.50 8.59 8.73 8.87 8.91 8.96 9.10 9.24 9.28 9.33 9.47 9.61 9.70 9.84
SDS 34.57 35.04 35.32 35.79 36.26 36.40 36.54 37.01 37.48 37.62 37.76 38.23 38.70 38.98 39.45
USO 37.35 37.78 38.04 38.46 38.89 39.02 39.15 39.57 40.00 40.13 40.26 40.68 41.11 41.37 41.79
SKF 22.08 22.50 22.76 23.19 23.61 23.74 23.87 24.30 24.72 24.85 24.98 25.41 25.83 26.09 26.52

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