Professional Documents
Culture Documents
2385 Executive Center Drive, Suite 400 • Boca Raton, Florida 33431
Phone: (561) 922-5266 • Fax: (561) 623-6235
www.prismtradingschool.com
Thursday 12.17.2009
The Fed decision came and went having a (S&P). Today, being pre-expiration is the day
limited effect on the market movement. The to clear the book before Christmas. Yet the
indices finished at 10441 (Dow) and 1109 market has not been in the mood to sell.
PRISM CALL
Futures are pointing down on bad news from : Greece, Meredith, Economic data and Fedex’ earnings.
The market will open down, yet how low do we go? If yesterday is any indication, even the downside
might be problematic. Be cautious!
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
MSL Midsouth Bancorp, Inc. announces it prices its public offering of 2.7 mln shares of common stock
at $12.75/share (12.97 )
C Citi confirms it prices $17 bln common stock offering at $3.15 per share and prices $3.5 bln of tangible
equity units at $100 each (3.45 -0.11)
APOG Apogee Enterprises beats by $0.18, misses on revs, issues FY10 in-line revenue guidance (14.49 )
AXA National Australia Bank offers $12 bln for AXA Asia Pacific Holdings - Reuters (23.62 )
KRA Kraton Performance Polymers prices 10.29 mln share IPO at $13.50 per share; below the $16-18
expected range
GIS General Mills beats by $0.09, reports revs in-line; raises FY10 EPS guidance (68.29 )
BCE BCE Inc increases annual common share dividend 7% to $1.74 per share (24.85 )
ATU Actuant beats by $0.04, beats on revs; guides Q2 EPS in-line, revs in-line; guides FY10 EPS in-
line, revs above consensus (17.60 )
OSG Overseas Shipholding: 2010 could be better than expected - Oppenheimer (43.34 )
CCE Coca-Cola Enterprises issues guidance for FY09, sees EPS of $1.56-1.59 vs $1.57 consensus;
provides FY10 outlook (20.05 )
FDX FedEx beats by $0.04, beats on revs; guides Q3 EPS below consensus; guides FY10 EPS in-line
(89.95 )
EQIX Equinix tgt raised to $125 at Morgan Joseph given anticipations of robust demand for data center
services (106.37 )
GS Goldman Sachs and Morgan Stanley est cut by Meredith Whitney; lowers her earnings ests for
Goldman's Q4 to $6.00 from $6.38 (consensus is $5.59) (164.99 )
DHR Danaher tgt to $87 following positive preannouncement and better-than-expected FY10 guidance
last night (72.86 )
CBT Cabot ests and tgt raised to $35 at Jefferies after meeting with CFO (25.92 )
DFS Discover Financial Services reports Q4 EPS of $0.63, including anti-trust settlemt payments from
V/MA, not comparable to the $0.15 First Call Consensus; co reports Q4 Managed cahrge-off rate of
8.43% vs 8.50-9.0% guidance; sees 1Q10 managed charge off rate of 8.4-8.9%
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 1094.62 1097.77 1099.72 1102.87 1106.02 1106.99 1107.96 1111.12 1114.27 1115.24 1116.22 1119.37 1122.52 1124.47 1127.62
INDU 10294.80 10326.27 10345.71 10377.18 10408.65 10418.37 10428.05 10459.56 10491.07 10500.75 10510.47 10541.94 10573.41 10592.85 10624.32
NDX 1772.67 1778.77 1782.54 1788.64 1794.74 1796.63 1798.50 1804.61 1810.72 1812.60 1814.48 1820.58 1826.68 1830.45 1836.55
XBD 107.22 108.28 108.94 110.01 111.07 111.40 111.73 112.80 113.86 114.19 114.52 115.59 116.65 117.31 118.38
BKX 40.86 41.18 41.37 41.68 42.00 42.09 42.19 42.50 42.82 42.91 43.01 43.32 43.64 43.83 44.14
TRAN 4110.81 4123.87 4131.95 4145.01 4158.07 4162.11 4166.13 4179.21 4192.29 4196.31 4200.35 4213.41 4226.47 4234.55 4247.61
OIX 658.39 662.81 665.53 669.94 674.36 675.72 677.08 681.49 685.91 687.27 688.63 693.04 697.46 700.18 704.59
OSX 185.20 186.81 187.81 189.43 191.04 191.54 192.04 193.66 195.27 195.77 196.27 197.89 199.50 200.50 202.12
XNG 513.82 517.15 519.21 522.53 525.86 526.89 527.91 531.24 534.57 535.60 536.63 539.95 543.28 545.34 548.66
CYC 806.08 809.45 811.53 814.90 818.27 819.31 820.34 823.72 827.09 828.13 829.17 832.54 835.91 837.99 841.36
UTY 415.36 417.23 418.38 420.26 422.13 422.71 423.28 425.16 427.03 427.61 428.18 430.06 431.93 433.08 434.96
DRG 305.80 306.66 307.20 308.07 308.93 309.20 309.47 310.34 311.20 311.47 311.74 312.61 313.47 314.01 314.88
RLX 401.24 403.14 404.32 406.23 408.13 408.72 409.31 411.22 413.13 413.71 414.30 416.21 418.11 419.29 421.20
Tradeables
SPY 109.92 110.25 110.45 110.78 111.11 111.21 111.31 111.64 111.97 112.07 112.17 112.50 112.83 113.03 113.36
DIA 103.14 103.46 103.66 103.98 104.30 104.40 104.50 104.82 105.14 105.24 105.34 105.66 105.98 106.18 106.50
QQQQ 43.63 43.79 43.88 44.04 44.20 44.25 44.29 44.45 44.61 44.66 44.70 44.86 45.02 45.11 45.27
QLD 53.88 54.28 54.52 54.91 55.31 55.43 55.55 55.94 56.34 56.46 56.58 56.97 57.37 57.61 58.00
IWM 59.83 60.11 60.28 60.55 60.83 60.91 61.00 61.27 61.55 61.63 61.72 61.99 62.27 62.44 62.71
OIH 114.09 115.02 115.59 116.53 117.46 117.75 118.03 118.97 119.90 120.19 120.47 121.41 122.34 122.91 123.85
XLE 55.27 55.56 55.74 56.03 56.32 56.41 56.50 56.79 57.08 57.17 57.26 57.55 57.84 58.02 58.31
FAZ 19.09 19.30 19.42 19.62 19.83 19.89 19.95 20.15 20.36 20.42 20.48 20.68 20.89 21.01 21.21
FAS 68.38 69.11 69.55 70.28 71.01 71.23 71.45 72.18 72.91 73.13 73.35 74.08 74.81 75.25 75.98
SRS 7.48 7.55 7.59 7.66 7.73 7.75 7.77 7.84 7.91 7.93 7.95 8.02 8.09 8.13 8.20
SDS 34.29 34.50 34.62 34.83 35.04 35.10 35.16 35.37 35.58 35.64 35.70 35.91 36.12 36.24 36.45
USO 34.72 35.08 35.30 35.67 36.03 36.14 36.25 36.62 36.98 37.09 37.20 37.57 37.93 38.15 38.52
SKF 23.93 24.10 24.21 24.38 24.55 24.61 24.66 24.83 25.00 25.06 25.11 25.28 25.45 25.56 25.73
Page |4
www.prismtradingschool.com