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DAILY MARKET HIGHLIGHTS

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Thursday 10.29.2009

CURRENT MARKET SENTIMENT

All that matters is 3.2% or greater for the shorts squirm. Expect volatility in the first
GDP number. The street is conscious that half hour; the second move may be a smoother
unemployment may be rising, yet a less than ride.
stellar number will reinforce that the market is
far ahead of itself; consequently, the long
awaiting correction might come fast and
furious. A greater number might make the

PRISM CALL

GDP to the upside. Market has been down 4 days in a row, I think its time to buy this market.
Buy strong stocks on dips, look at stocks that have been weak lately. Commodity stocks and
financial should all be in play.

ECONOMIC CALENDAR INDU & SPUZ TECHNICALS

TIME INDICATOR RANGE EXPECTATION PRIOR ACTUAL INDICES S2 S1 PIVOT R1 R2


8:30 GDP QoQ 2.0% to 3.2% -0.7% 3.5%
AM 4.8%
INDU
9663 9718 9807 9896 9952
(DOW)
8:30 Personal -0.4% 3.1% -0.9%
AM Consumption to 3.5% SPUZ
8:30 GDP Price 0.3% to 1.4% 0.0% 0.8%
(S&P) 1028 1036 1049 1062 1070
AM Indez 2.3%
8:30 Initial 515K 525K 531K 530K
AM Jobless to
Claims 540K
8:30 Continuing 5850K 5905K 5923K 5797K
AM Claims to
5975K
10:30 Natural Gas 23-48 27 18
AM Storage
Change

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FOREIGN MARKETS
NEWS

MARKET PRICE   %
German unemployment dips
FTSE 5105.23 24.81 0.49 again in October -
Reuters.com
DAX 5556.9 60.63 1.1

HANG SENG 21264.99 496.59 -2.28 AXA AXA 9-nonths rev


NIKKEI 9891.1 183.95 -1.83
down 2% on US, UK
slowdown - DJ (24.97 )
CHINA 2960.466 70.863 -2.34
IMF raises Asia growth
forecast – WSJ
DOW STOCKS TO WATCH COMMODITY PRICES
Asia markets close: China,
STRONG WEAK
COMMODITY PRICE   HK shares hit multi-week
TRV CAT lows: Shanghai Composite -
OIL 77.64 0.18 2.34%, Hang Seng -2.28%,
VZ UTX
Nikkei -1.83%, Sensex -
IBM JPM 0.43%
GOLD 1033.4 2.90
XOM HD
Euro-zone October consumer
confidence gains further – DJ

European market summary;


UPGRADES & DOWNGRADES banks stronger, oils weaker:
FTSE +0.02%, CAC +0.12%,
STOCKS UPGRADED DAX +0.06%
BROKERAGE
COMPANY RATINGS CHANGE PRICE TARGET BHP BHP Billiton sees
FIRM
Public Service
Citigroup Sell >> Hold 29.39 sluggish global economic
Enterprise Group (PEG)
Wyndham (WYN) FBR Capital Market Perform >> recovery - DJ (66.69 )
16.59 23
Outperform
ING Group (ING) Morgan Stanley Underweight >>
12.45
Equal Weight
ArcelorMittal (MT) Societe Generale Hold >> Buy
34.15
Boston Properties BofA Hold >> Buy
57.25 46 >> 69
(BXP)

STOCKS DOWNGRADED

BROKERAGE
COMPANY RATINGS CHANGE PRICE TARGET
FIRM
Goodyear (GT) BofA Buy >> Underpeform 13.46
First Solar (FSLR) BofA Overweight >>
151.58 180 >> 135
Neutral

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EARNINGS

CLI Mack-Cali Realty beats by $0.05, beats on revs; guides FY09 FFO above consensus; guides FY10 FFO in-
line (30.27)

REV Revlon beats single est by $0.61, beats single est on revs (5.75

NBL Noble Energy beats by $0.28, misses on revs (66.93 )

KBW KBW beats by $0.11, beats on revs (29.98 )

PPL PPL Corp beats by $0.07; reaffirms FY09 EPS guidance; reaffirms FY10 EPS guidance (29.48 )

WM Waste Mgt reports Q3 EPS of $0.54 vs $0.53 consensus; revs declined 14% YoY to $3.0 bln vs. $3.0 bln
consensus (30.62 )

AN AutoNation beats by $0.01, misses on revs; announces $250 mln buyback (18.09 )

WMB Williams Cos beats by $0.06; guides FY09 EPS above consensus (18.25 )

SNA Snap-On beats by $0.15, reports revs in-line (35.55 )

BPO Brookfield Properties reports EPS in-line, beats on revs (10.04 )

EQT EQT Corp. beats by $0.05, beats on revs (42.30 )

ABX Barrick Gold beats by $0.07, misses on revs (34.58 )

CME CME Group beats by $0.06, reports revs in-line (308.02 )

WEC Wisconsin Energy misses by $0.02, misses on revs; guides FY09 EPS in-line (44.02 )

TBL Timberland beats by $0.23, beats on revs (13.31 )

CL Colgate-Palmolive beats by $0.01, beats on revs; expresses comfort with Q4 and FY09 external
expectations (77.68 )

MCO Moody's beats by $0.05, beats on revs; guides FY09 EPS above consensus, expects FY09 revenue flat vs
FY08 (24.62 )

MWW Monster Worldwide beats by $0.01, misses on revs (16.58 )

BKC Burger King misses by $0.03, misses on revs (17.29 )

PG Procter & Gamble beats by $0.07, reports revs in-line; guides Q2 EPS in-line; guides FY10 EPS in-line
(57.23 )

AEP American Electric beats by $0.08, misses on revs; guides FY09 EPS above consensus (29.66 )

NRG NRG Energy misses by $0.12, beats on revs (24.81 )

AVP Avon Products beats by $0.02, reports revs in-line (33.00 )


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POSITIVE SURPRISE

Company Symbol Actual First Call Surprise


Revlon REV 0.45 -0.16 0.61
Noble Energy NBL 1.10 0.82 0.28
Newmont Mining NEM 0.79 0.55 0.24
Timberland TBL 0.68 0.45 0.23
Snap-On SNA 0.44 0.29 0.15
Healthspring HS 0.77 0.63 0.14
KBW KBW 0.37 0.26 0.11
Corinthian Colleges COCO 0.37 0.28 0.09
American Electric AEP 0.93 0.85 0.08
Regis RGS 0.30 0.22 0.08
Procter & Gamble PG 1.06 0.99 0.07
Barrick Gold ABX 0.54 0.47 0.07
PPL Corp PPL 0.52 0.45 0.07
CME Group CME 3.35 3.29 0.06
Williams Cos WMB 0.25 0.19 0.06
Strayer Education STRA 1.21 1.16 0.05
Mack-Cali Realty CLI 0.81 0.76 0.05
Mylan Labs MYL 0.32 0.27 0.05
Moody's MCO 0.43 0.38 0.05
EQT Corp. EQT 0.22 0.17 0.05
KBR Inc. KBR 0.45 0.41 0.04
Aetna AET 0.69 0.66 0.03
Office Depot ODP -0.08 -0.10 0.02
Avon Products AVP 0.42 0.40 0.02
AutoNation AN 0.36 0.35 0.01
Colgate-Palmolive CL 1.12 1.11 0.01
Airgas ARG 0.68 0.67 0.01
Navigant Consult NCI 0.17 0.16 0.01
Monster Worldwide MWW 0.01 0.00 0.01
NEGATIVE SURPRISE

Company Symbol Actual First Call Surprise


Endo Pharm ENDP 0.63 0.65 -0.02
Wisconsin Energy WEC 0.50 0.52 -0.02
Xcel Energy XEL 0.48 0.50 -0.02
Burger King BKC 0.34 0.37 -0.03
OfficeMax OMX 0.08 0.15 -0.07
Smith Intl SII 0.07 0.15 -0.08
NRG Energy NRG 1.02 1.14 -0.12

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TECHNICAL ANALYSIS

Symbol S7 S6 S5 S4 S3 S2 S1 PIVOT R1 R2 R3 R4 R5 R6 R7
Sectors
SPX 1007.22 1015.27 1020.24 1028.29 1036.34 1038.83 1041.30 1049.36 1057.42 1059.90 1062.38 1070.43 1078.48 1083.45 1091.50
INDU 9519.05 9574.19 9608.25 9663.39 9718.53 9735.56 9752.52 9807.73 9862.94 9879.90 9896.93 9952.07 10007.21 10041.27 10096.41
NDX 1612.80 1628.26 1637.81 1653.27 1668.73 1673.51 1678.26 1693.74 1709.22 1713.98 1718.75 1734.21 1749.67 1759.22 1774.68
XBD 106.02 107.41 108.27 109.65 111.04 111.47 111.89 113.28 114.67 115.10 115.53 116.91 118.30 119.16 120.54
BKX 40.07 40.65 41.02 41.61 42.19 42.38 42.56 43.15 43.74 43.92 44.10 44.69 45.27 45.64 46.23
TRAN 3427.58 3475.53 3505.15 3553.10 3601.05 3615.86 3630.61 3678.62 3726.63 3741.38 3756.19 3804.14 3852.09 3881.71 3929.66
OIX 636.58 644.50 649.39 657.32 665.24 667.69 670.12 678.06 685.99 688.43 690.87 698.80 706.72 711.61 719.54
OSX 175.26 178.60 180.66 184.01 187.35 188.38 189.41 192.76 196.10 197.13 198.16 201.51 204.85 206.91 210.26
XNG 463.88 471.21 475.73 483.06 490.39 492.65 494.90 502.24 509.58 511.83 514.09 521.42 528.75 533.27 540.60
CYC 648.47 662.53 671.21 685.27 699.33 703.67 707.99 722.07 736.15 740.47 744.81 758.87 772.93 781.61 795.67
UTY 376.35 378.57 379.95 382.17 384.39 385.08 385.76 387.99 390.22 390.90 391.59 393.81 396.03 397.41 399.63
DRG 283.53 284.81 285.61 286.89 288.17 288.57 288.96 290.25 291.54 291.93 292.33 293.61 294.89 295.69 296.97
RLX 362.22 366.58 369.27 373.64 378.00 379.35 380.69 385.06 389.42 390.77 392.11 396.48 400.84 403.53 407.90

Tradeables

SPY 100.82 101.64 102.14 102.95 103.76 104.02 104.27 105.08 105.89 106.14 106.39 107.21 108.02 108.52 109.34
DIA 95.22 95.78 96.12 96.67 97.23 97.40 97.57 98.12 98.68 98.85 99.02 99.57 100.13 100.47 101.02
QQQQ 39.63 40.02 40.26 40.65 41.04 41.16 41.28 41.67 42.06 42.18 42.30 42.69 43.08 43.32 43.71
QLD 44.61 45.53 46.10 47.03 47.95 48.24 48.52 49.45 50.37 50.66 50.94 51.87 52.79 53.36 54.29
IWM 52.99 53.83 54.35 55.20 56.04 56.30 56.56 57.41 58.25 58.51 58.77 59.62 60.46 60.98 61.83
OIH 109.80 111.70 112.87 114.77 116.67 117.26 117.84 119.74 121.64 122.23 122.81 124.71 126.61 127.78 129.68
XLE 52.95 53.62 54.03 54.69 55.36 55.56 55.77 56.43 57.10 57.30 57.51 58.17 58.84 59.25 59.91
FAZ 18.42 19.17 19.64 20.40 21.15 21.39 21.62 22.38 23.13 23.37 23.60 24.36 25.11 25.58 26.34
FAS 57.24 59.98 61.68 64.42 67.16 68.01 68.85 71.60 74.35 75.19 76.04 78.78 81.52 83.22 85.96
SRS 8.45 8.85 9.10 9.50 9.90 10.03 10.15 10.55 10.95 11.08 11.20 11.60 12.00 12.25 12.65
SDS 37.30 37.91 38.29 38.89 39.50 39.69 39.88 40.48 41.09 41.28 41.47 42.07 42.68 43.06 43.66
USO 37.72 38.12 38.36 38.75 39.15 39.27 39.39 39.78 40.18 40.30 40.42 40.81 41.21 41.45 41.84
SKF 23.33 23.94 24.32 24.93 25.54 25.73 25.92 26.53 27.14 27.33 27.52 28.13 28.74 29.12 29.73

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