Daily Market Analysis - 30 September 2009

[ No Comments ] Posted on 09.30.09 under Daily Market Analysis, Trading

[B][CENTER][SIZE="4"]U.S. MARKETS RECAP : Tuesday, September 29, 2009 AMC[/SIZE][/CENTER][/B]
[CENTER][IMG]http://dukealvinlim.com/watimage/2009September/MarketPerfSeptember29.jpg[/IMG][/CENTER]

[QUOTE][SIZE="2"]
Briefing.com - Tuesday September 29 2009 @ 16:45 ET AMC
[B][I]Daily Sector Wrap : Lackluster Session Concludes with Modest Losses[/B]
Tuesday’s trade concluded in lackluster fashion as an absence of leadership left stocks to drift during the afternoon, unable to reclaim their initial gains.

Stocks had started the session in higher ground as a better-than-expected S&P/Case-Shiller Home Price Report for July brought about some modest support. The report’s 20-City Composite showed a 13.3% year-over-year decline, which wasn’t as bad as the 14.2% decline that was expected.

However, the solid state of things quickly became unsettled by news that the September Consumer Confidence Index pulled back to 53.1 from 5.4.5 in August. The dip was unexpected; economists, on average, had been expecting a reading of 57.0.

The major indices were unable to fully recover from the flurry of selling that followed the disappointing consumer confidence reading.

News that the FDIC will require insured institutions to prepay estimated quarterly risk-based assessments into 2012 seemed to weight on bank stocks, though the announcement was generally expected. Diversified bank stocks fell 1.9%.

Consumer finance stocks were hit just as hard. They fell 1.9% amid news that the Fed has approved rules amending the transparency and disclosure of terms in credit card agreements.

Bright spots were limited, but shares of Walgreen (WAG 37.35, +3.16) logged their best single-session percentage advance in six months after the company posted better-than-expected quarterly earnings. The drug retailer helped consumer staples stocks stay in the green for the entire session.
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[B]Market Internals for Tuesday September 29 2009[/B]

[B][COLOR="DarkGreen"]Leading Sectors: [/COLOR][/B]Consumer Staples (+0.44%), Consumer Discretionary (+0.48%), Materials (+0.05%), Utilities (+0.17%)
[B][COLOR="DarkGreen"]Leading Industries: [/COLOR][/B]Publishing +7.60%, Consumer Electronics +7.39%, Drug Retail +5.76%, Tires & Rubber +3.39%, Office Electronics +3.12%, Gold +2.48%, Paper Products +2.40%, Apparel, Accessories & Luxury Goods +2.27%, Education Services +2.18%, Oil & Gas Drilling +2.13%

[B][COLOR="Red"]Lagging Sectors: [/COLOR][/B]Financials (-0.53%), Tech (-0.69%), Health Care (-0.10%), Industrials (-0.18%), Energy (-0.57%), Telecom (-0.51%)
[B][COLOR="Red"]Lagging Industries: [/COLOR][/B]Diversified REITs -3.76%, Office REITs -2.41%, Multi-Line Insurance -2.06%, Diversified Banks -1.89%, Consumer Finance -1.88%, Residential REITs -1.75%, Semiconductor Equipment -1.49%, Railroads -1.45%, Semiconductors -1.43%, Oil & Gas Refining & Marketing -1.40%

[B]NYSE:[/B]
[COLOR="red"][B]Lower[/B][/COLOR] than avg volume @ 1182 vs. 1219 avg
[B][COLOR="red"]Decliners [/COLOR][/B]outpacing Advancers : 1435/1555
New [B][COLOR="green"]highs [/COLOR][/B]outpacing new lows : 206/3

[B]NASDAQ:[/B]
[COLOR="green"][B]Higher[/B][/COLOR] than avg volume @ 3062 vs. 2269 avg
[B][COLOR="red"]Decliners [/COLOR][/B]outpacing Advancers : 1111/1568
New [B][COLOR="green"]highs [/COLOR][/B]outpacing new lows : 103/7

[B]Other Market Moving Factors:[/B]
• Latest batch of earnings prove better than expected
• ADP Employment Report for September disappoints, but headline number for revised second quarter GDP exceeds expectations
• End-of-month and end-of-quarter portfolio rebalancing expected

[QUOTE][SIZE="2"]
Briefing.com - Tuesday September 29 2009 @ 19:03 ET AMC
[B][I]After-Hours Report : MU Modestly Lower, While NKE is Up 4.6% Following Earnings[/B]

Tuesday’s trade concluded in lackluster fashion as an absence of leadership left stocks to drift during the afternoon, unable to reclaim their initial gains. After the close, Micron Technology (MU) and Nike (NKE) reported earnings results. MU reported a $0.09 beat on revenue of $1.3 billion, which declined 10.1% year/year, but was slightly above consensus. The results are creating some volatility in after hours trading, but the stock is only down 0.8%. NKE was another notable name to report tonight. The company beat consensus by $0.07, but revenue fell just short of consensus. First quarter gross margins of 46.2% were well above consensus of 43.8%. Also, worldwide futures orders declined less than the prior quarter’s decline (down 6% year/year in the quarter, compared to down 12% year/year in last quarter’s results). After hours, NKE is trading 4.6% higher.

Six of the ten sectors were in the red, led by tech (-0.69%), energy (-0.57%) and financials (-0.53%). Consumer discretionary (+0.48%), consumer staples (+0.44%), utilities (+0.17%) and materials (+0.05%) are all in positive territory.

Futures are lower after hours with S&P 500 futures 1.99 points below fair value of 1716.24 and Nasdaq 100 futures 1.36 points below fair value of 1056.36.

Companies trading higher in after hours in reaction to earnings: JBL +7.4%; ZZ +6.4%; NKE +4.3%… Companies trading lower in after hours in reaction to earnings: DRI -6.1%; MU -0.1%.

Tomorrow morning, there are two pieces of economic data will be released ahead of the open of the equity markets. First, ADP Employment figures for September are scheduled to be released at 8:15 AM ET, which calls for a consensus of -200K. Second, final GDP figures for Q2 are scheduled to be released at 8:30 AM ET, which currently has a consensus of -1.2%.

Actuant (ATU) is scheduled to announce quarterly results ahead of tomorrow morning’s opening bell.
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[CENTER]_______________________________________

[B][SIZE="4"]U.S Markets - Wednesday September 30 2009 - BMO [/SIZE][/B]
[/CENTER]

[B]TECHNICAL UPDATE[/B]
[B]DOW JONES INDUSTRIAL AVERAGE (DJIND: CBOT) 9,742.20, [COLOR="red"]-47.16 (-0.48%)[/COLOR][/B]
[URL=http://dukealvinlim.com/watimage/2009September/TADOWSeptember29.jpg][IMG]http://dukealvinlim.com/watimage/2009September/TADOWSeptember29s.jpg[/IMG][/URL]

[B]NASDAQ COMPOSITE INDEX (COMB) (COMP.IDX: NASDAQ) 2,124.04, [COLOR="red"]-6.7 (-0.31%)[/COLOR][/B]
[URL=http://dukealvinlim.com/watimage/2009September/TANASDAQSeptember29.jpg][IMG]http://dukealvinlim.com/watimage/2009September/TANASDAQSeptember29s.jpg[/IMG][/URL]

[B]S&P 500 INDEX (SPX: CBOE) 1,060.61, [COLOR="red"]-2.37 (-0.22%)[/COLOR][/B]
[URL=http://dukealvinlim.com/watimage/2009September/TAS&PSeptember29.jpg][IMG]http://dukealvinlim.com/watimage/2009September/TAS&PSeptember29s.jpg[/IMG][/URL]

__________________________________________

[B]Current Markets[/B]

[B]Asian Markets Wednesday September 30 2009 @ Sep 30 8:38am†: [/B]
[B]HANG SENG[/B] 20,955.25 ( [COLOR="red"]-57.92 -0.28% [/COLOR] )
[B]NIKKEI 225[/B] 10,133.23 ( [COLOR="green"]+33.03 +0.33% [/COLOR] )
[B]KLSE [/B] 1,202.08 ( [COLOR="red"]-6.13 -0.51% [/COLOR] )
[B]STI [/B] 2,672.57 ( [COLOR="green"]+9.26 +0.35% [/COLOR] )

[B]Currencies Wednesday September 30 2009 @ Sep 30 8:38am†: [/B]
[B]U.S. Dollar vs Euro[/B] ( [COLOR="green"]+0.0032 +0.22% [/COLOR] ) 1.4614
[B]U.S. Dollar vs Yen[/B] ( [COLOR="red"]-0.37 -0.41% [/COLOR] ) 0.0111
[B]U.S. Dollar vs UK £[/B] ( [COLOR="green"]+0.01 +0.54% [/COLOR] ) 1.60

[B]Treasury Yields : [/B]
[IMG]http://dukealvinlim.com/watimage/2009September/yieldcurveSeptember29.gif[/IMG]
2 Year Note [B]1.02%[/B] [COLOR="green"]+0.05[/COLOR] • 5 Year Note [B]2.36%[/B] [COLOR="green"]+0.03[/COLOR]
10 Year Note [B]3.31%[/B] [COLOR="green"]+0.03[/COLOR] • 30 Year Note [B]4.04%[/B] [COLOR="green"]+0.01[/COLOR]

[B]Gold (CMX )[/B] December 09 ($US per Troy oz.) : 1004.20 ( [COLOR="green"]+9.80[/COLOR])
[B]Light Crude (NYM )[/B] November 09 ($US per bbl.) : 66.71 ( [COLOR="red"]-0.13[/COLOR])

[B]Earnings Highlights for Wednesday September 30 2009[/B]
ATU , DMND , LWSN , OHB , XRTX

[B]Events for Wednesday September 30 2009[/B]
08:15 ADP Employment
08:30 GDP - Final
09:45 Chicago PMI
10:30 Crude Inventories

___________________________________________
[B]Summary[/B]
"Private sector still losing lots of jobs" : http://money.cnn.com/2009/09/30/news/economy/ADP_employment/index.htm?postversion=2009093008

"Stocks set for early pop" : http://money.cnn.com/2009/09/30/markets/premarkets/index.htm?postversion=2009093008

Got to be an up day as long as Chicago PMI and CIT doesn’t ruin it.

Resistance levels @ 9,780 and 9,830
Support levels @ 9,700 and 9,630

Direction for Wednesday September 30 2009; [COLOR="green"][B]∆ Up[/B][/COLOR]

Daily Market Analysis - 29 September 2009

[ 2 Comments ] Posted on 09.29.09 under Daily Market Analysis, Trading

U.S. MARKETS RECAP : Monday, September 28, 2009 AMC

Quote:

Briefing.com - Monday September 28 2009 @ 16:33 ET AMC
Daily Sector Wrap : Broad Rebound Follows Prior Week’s Loss
News of renewed merger and acquisition activity didn’t bring many participants to the market, but stocks were still able to sport broad-based gains for the entire session and log their best gain in one month.

Stocks were given support in the early going by news that Xerox (XRX 7.68, -1.29) will pay $6.4 billion in cash and stock for Affiliated Computer Systems (ACS 53.86, +6.61), while Abbott Labs (ABT 48.58, +1.12) will pay $6.6 billion in cash for Solvay’s drug business.

Though it was overshadowed by the larger deals, American Securities announced it will acquire GenTek (GETI 37.77, +10.77) for $38.00 per share, which represents a near 40% premium over GETI’s closing price last Friday.

The supportive role played by Monday morning’s M&A news helped stocks to recover from their worst weekly loss since July.

Several sectors had their moments of leadership, but by the end of the session financials logged the best gains. The sector settled with a gain of little more than 3.4%, which marks the sector’s best single-session percentage advance in two months. Multiline insurers (+6.0%) underpinned the financial sector’s impressive move.

Consumer staples stocks lagged on a relative basis as Dow component Kraft (KFT 26.17, -0.07) showed moderate weakness. Still, the sector netted a gain of 0.5%.

Though stocks traded with broad-based gains, there wasn’t much behind them. Trading volume on the NYSE fell to its lowest level in one month, coming in below 1 billion shares.

Despite broad-based buying among equities, Treasuries were still able to advance. As such, the benchmark 10-year Note gained 11 ticks, which sent its yield down to multimonth lows of 3.28%.

The U.S. dollar also showed strength, which drove the Dollar Index to a 0.2% gain. Despite that move, commodities were still able to garner support and send the CRB Commodity Index up 0.6%.

Market Internals for Monday September 28 2009

Leading Sectors: Financials (+3.43%), Tech (+1.73%), Health Care (+1.44%), Consumer Staples (+0.45%), Consumer Discretionary (+2.00%), Industrials (+1.62%), Energy (+1.70%), Telecom (+1.48%), Materials (+2.04%), Utilities (+0.89%)
Leading Industries: Health Care Facilities +7.17%, Diversified REITs +6.04%, Multiline Insurance +5.95%, Broadcasting +5.68%, Life & Health Insurance +5.44%, Retail REITs +5.38%, Industrial REITs +5.34%, Real Estate Services +5.34%, Consumer Electronics +5.04%, Commercial Printing +4.69%

Lagging Sectors: None
Lagging Industries: Office Electronics -14.88%

NYSE:
Lower than avg volume @ 952 vs. 1219 avg
Advancers outpacing Decliners : 2403/618
New highs outpacing new lows : 216/5

NASDAQ:
Lower than avg volume @ 1871 vs. 2249 avg
Advancers outpacing Decliners : 1987/662
New highs outpacing new lows : 99/7

Other Market Moving Factors:
• Overseas trading is mixed
• Economic calendar is generally light

Quote:

Briefing.com - Monday September 28 2009 @ 19:03 ET AMC
After-Hours Report : SQNM Down Approx. 44% on Completion of Investigation
News of renewed merger and acquisition activity didn’t bring many participants to the market, but stocks were still able to sport broad-based gains for the entire session and log their best gain in one month. After the close, Sequenom (SQNM) announced completion of its independent investigation, which included comments that the company has terminated the employment of its president and chief executive officer, Harry Stylli, Ph.D. Following the news release, the stock fell ~44% in after hours trading.

All ten sectors were in the green, led by financials (+3.4%), materials (+2.04%) and consumer discretionary (+2.0%).

Futures are mixed after hours with S&P 500 futures 0.81 points above fair value at 1059.50 and Nasdaq 100 futures 0.90 points below fair value at 1722.25.

Companies trading lower in after hours in reaction to news: SQNM -44% (announces completion of independent investigation); SIMG -9.0% (lowers Q3 revs guidance below consensus); USU -1.9% (updates on the status of deployment of the American Centrifuge).

Tomorrow morning, there are two pieces of economic data being released at 9:00 AM ET. First, the Case-Schiller Housing Price Index will be released, which calls for a consensus of -14.20%. At the same time, the consumer confidence figures will be released. Consensus is looking for confidence numbers to be 57.0.

Walgreen (WAG) is scheduled to announce quarterly results ahead of tomorrow morning’s opening bell.

_______________________________________

U.S Markets - Tuesday September 29 2009 - BMO

TECHNICAL UPDATE
DOW JONES INDUSTRIAL AVERAGE (DJIND: CBOT) 9,789.36, +124.17 (+1.28%)

NASDAQ COMPOSITE INDEX (COMB) (COMP.IDX: NASDAQ) 2,130.74, +39.82 (+1.90%)

S&P 500 INDEX (SPX: CBOE) 1,062.98, +18.6 (+1.78%)

__________________________________________

Current Markets

Asian Markets Tuesday September 29 2009 @ Sep 29 7:23am:
HANG SENG 21,013.17 ( +424.76 +2.06% )
NIKKEI 225 10,100.20 ( +90.68 +0.91% )
KLSE 1,208.21 ( +2.26 +0.19% )
STI 2,663.31 ( +34.06 +1.30% )

Currencies Tuesday September 29 2009 @ Sep 29 7:23am:
U.S. Dollar vs Euro ( -0.0049 -0.34% ) 1.4564
U.S. Dollar vs Yen ( +0.13 +0.15% ) 0.0111
U.S. Dollar vs UK £ ( +0.01 +0.59% ) 1.60

Treasury Yields :

2 Year Note 0.97% -0.01 • 5 Year Note 2.33% -0.03
10 Year Note 3.28% -0.04 • 30 Year Note 4.03% -0.06

Gold (CMX ) December 09 ($US per Troy oz.) : 994.10 ( +2.50)
Light Crude (NYM ) November 09 ($US per bbl.) : 66.84 ( +0.82)

Earnings Highlights for Tuesday September 29 2009
GIGM , WAG , THO , MDRX , DRI , JBL , LNDC , MU , NKE , ZZ , WOR

Events for Tuesday September 29 2009
09:00 Case-Shiller Housing Price Index
10:00 Consumer Confidence

___________________________________________
Summary
"Wall Street bonuses poised to rebound" : http://money.cnn.com/2009/09/28/news…ion=2009092816

"The end of the manic depressive market" : http://money.cnn.com/2009/09/28/mark…ion=2009092907

"Stocks seen opening lower" : http://money.cnn.com/2009/09/29/mark…ion=2009092907

Resistance levels @ 9,820 and 9,920
Support levels @ 9,750 and 9,700

Direction for Tuesday September 29 2009; ∆ Up

Daily Market Analysis 25th September 2009

[ No Comments ] Posted on 09.25.09 under Daily Market Analysis, Trading

U.S. MARKETS RECAP : Thursday, September 24, 2009 AMC

Quote:

Briefing.com - Thursday September 24 2009 @ 16:29 ET AMC
Daily Sector Wrap : Stocks Start Strong, but Log Second Straight Loss
A better-than-expected batch of jobless claims data positioned stocks for a rebound from the previous session’s late sell-off, but a disappointing existing home sales report and a sharp rebound in the dollar combined to renew selling pressure and hand stocks their second straight loss.

Stocks dropped 1% in the previous session, but managed to open with a modest gain amid news that the latest initial jobless claims tally fell to its lowest level in two months by totaling 530,000 in the week ending Sept. 19. Economists, on average, had expected initial claims to total 550,000. Continuing claims were also below expectations. They were predicted to total 6.18 million, but came in at 6.14 million, instead.

Though initial claims and continuing claims remain at uncomfortable levels, their direction encouraged market participants. That is, until the midmorning release of August existing home sales data, which showed that home sales pulled back to an annualized clip of 5.1 million units. The unexpected 2.7% decline marked the first retreat since March.

The disappointing home sales data encouraged sellers to step back into the fold. Weakness among stocks was magnified as the U.S. dollar staged a strong advance, which helped the Dollar Index achieve a gain of little more than 1%. The greenback remains near 2009 lows, but renewed strength cuts into the profits of multinationals that bring their earnings back home.

The dollar’s gain this session also weighed heavily on commodities, which left the CRB Commodity Index down just over 2% this session and down more than 3% week-to-date. Gold prices weighed heavily on the CRB; they closed 1.6% lower at $998.30 per ounce after closing above $1,000 in each of the previous six sessions. Oil was a primary drag on the CRB as crude contracts closed with prices down 4.4% at $65.93 per barrel. Natural gas prices closed 2.6% higher at $3.96 per contract following an in-line inventory report, however.

Overall weakness among commodities and stiff selling in the broader equity market weighed heavily on materials stocks. The sector dropped 2.0%, more than any other major sector.

Financials also fared poorly. They dropped 1.8%, as a group. REITs reversed a recent hot streak as investors took profits following a couple of poor IPO turnouts.

Despite this session’s broad-based selling effort, blue chips were able to contain losses. That helped the Dow hold up better than the other headline indices.

Defensive-oriented stocks also held up relatively well. As such, utilities and telecom finished just 0.1% lower. Health care fell 0.3%.

Treasuries had a strong showing. The benchmark 10-year Note closed roughly 12 ticks higher, which lowered its yield to 3.37%. Treasuries were supported by weakness among stocks and solid results from a 7-year Treasury Note auction, which produced a bid-to-cover ratio of 2.8 and a high yield of 3.05%.

Market Internals for Thursday September 24 2009

Leading Sectors: None
Leading Industries: Household Products +0.69%, Automotive Retail +0.64%, Systems Software +0.60%, Restaurants +0.41%, Hypermarkets & Super Centers +0.31%, Biotechnology +0.29%, Multi-Utilities +0.24%, Hotels, Resorts & Cruise Lines +0.23%, Consumer Finance +0.23%, Integrated Telecommunication Services +0.13%

Lagging Sectors: Financials (-1.78%), Tech (-0.64%), Health Care (-0.32%), Consumer Staples (-0.44%), Consumer Discretionary (-0.91%), Industrials (-1.43%), Energy (-1.34%), Telecom (-0.14%), Materials (-2.00%), Utilities (-0.12%)
Lagging Industries: Industrial REITs -8.48%, Health Care Facilities -5.47%, Publishing -4.89%, Consumer Electronics -4.58%, Paper Products -4.55%, Forest Products -4.53%, Aluminum -4.46%, Retail REITs -4.33%, Trucking -4.22%, Diversified Metals & Mining -4.21%

NYSE:
Higher than avg volume @ 1368 vs. 1223 avg
Decliners outpacing Advancers : 714/2306
New highs outpacing new lows : 175/5

NASDAQ:
Higher than avg volume @ 2589 vs. 2243 avg
Decliners outpacing Advancers : 645/2018
New highs outpacing new lows : 47/7

Other Market Moving Factors:
• Weekly jobless claims slip unexpectedly to two-month low
• August existing home sales data disappoints
• Resuts from auction of 7-year Treasuries come in solid
• Global leaders assemble for G-20 meeting

Quote:

Briefing.com - Thursday September 24 2009 @ 18:22 ET AMC
After-Hours Report : RIMM Down 11% Following Q2 Earnings and Guidance
A better-than-expected batch of jobless claims data positioned stocks for a rebound from the previous session’s late sell-off, but a disappointing existing home sales report and a sharp rebound in the dollar combined to renew selling pressure and hand stocks their second straight loss. After the close, Research in Motion (RIMM) reported second quarter earnings above consensus, and mixed financial guidance. Second quarter gross margins were 44.1% vs. 43.6% consensus. However, following the earnings report, RIMM was 11% lower in after hours trading. In addition, Hewlett-Packard (HPQ) reported in-line fiscal year 2010 earnings and revenue guidance. The stock is not reacting much to the guidance and is around 1% lower after hours.

All ten sectors were in the red, led by materials (-2.0%), financial (-1.8%) and industrials (-1.4%).

Futures are lower after hours with S&P 500 futures 1.71 points below fair value at 1044.6 and Nasdaq 100 futures 12.07 points below fair value at 1696.25.

Companies trading higher in after hours in reaction to earnings: TIBX +7.1%… Companies trading lower in after hours in reaction to earnings: RIMM -12.0%… Companies trading lower in after hours in reaction to news: HPQ -1.0% (guides FY10 EPS and revs in-line).below fair value at 1722.

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U.S Markets - Friday September 25 2009 - BMO

TECHNICAL UPDATE
DOW JONES INDUSTRIAL AVERAGE (DJIND: CBOT) 9,707.44, -41.11 (-0.42%)

NASDAQ COMPOSITE INDEX (COMB) (COMP.IDX: NASDAQ) 2,107.61, -23.81 (-1.12%)

S&P 500 INDEX (SPX: CBOE) 1,050.78, -10.09 (-0.95%)

__________________________________________

Current Markets

Asian Markets Friday September 25 2009 @ Sep 25 7:17am:
HANG SENG 21,024.40 ( -26.33 -0.13% )
NIKKEI 225 10,265.98 ( -278.24 -2.64% )
KLSE 1,217.39 ( -0.67 -0.06% )
STI 2,662.82 ( -4.61 -0.17% )

Currencies Friday September 25 2009 @ Sep 25 7:17am:
U.S. Dollar vs Euro ( +0.0028 +0.19% ) 1.4689
U.S. Dollar vs Yen ( -1.04 -1.14% ) 0.0111
U.S. Dollar vs UK £ ( 0.00 -0.27% ) 1.60

Treasury Yields :

2 Year Note 0.93% -0.03 • 5 Year Note 2.37% 0.00
10 Year Note 3.38% -0.03 • 30 Year Note 4.17% -0.02

Gold (CMX ) December 09 ($US per Troy oz.) : 998.90 ( -15.50)
Light Crude (NYM ) November 09 ($US per bbl.) : 65.89 ( -3.08)

Earnings Highlights for Friday September 25 2009
AZZ , KBH

Events for Friday September 25 2009
08:30 Durable Orders
08:30 Durables, ex Transporation
09:55 Mich Sentiment-Rev
10:00 New Home Sales

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Summary
"Unilever To Buy Sara Lee’s Personal Care Unit For EUR1.28 Billion" : http://money.cnn.com/news/newsfeeds/…5_FORTUNE5.htm

"Bank bailout problem: No easy answers" : http://money.cnn.com/2009/09/25/news…ion=2009092503

"Stocks set for lackluster start" : http://money.cnn.com/2009/09/25/mark…ion=2009092506

Resistance levels @ 9,800 and 9,860
Support levels @ 9,660 and 9,600

Direction for Friday September 25 2009; ∇ Down

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