BTDStocks.com Friday, October 22, 2010 End-Of-Day Update

A mixed bag in the stock market today. The broader market was relatively quiet while the Nasdaq Composite (

) gained 0.8% on light accumulation due to earnings from technology companies. Semiconductor related stocks as measured through the Semiconductor Holders (

) outperformed with a 1.3% on low volume. It is fair to say institutions were not very active today. The Volatility Index (

) fell 2.5% on a small increase in the S&P 500 (

) to the lowest level since the current stock market direction uptrend began in early September. We have no changes in the support/resistance levels for the DJIA (

), S&P 500, and Nasdaq Composite. The prudent approach right now continues to be not to open new positions, take profits, and limit losses. SUMMARY DJIA: Down 0.1% to 11,133 S&P 500: Up 0.2% to 1,183 Nasdaq Composite: Up 0.8% to 2,479 BREADTH FOR NYSE Advancing Issues: 1,802 Declining Issues: 1,196 Advance/Decline Ratio: 2 to 1 New Highs: 101 New Lows: 3 High/Low Ratio: 34 to 1 SUPPORT/RESISTANCE LEVELS DJIA: 10,979/11,147 S&P 500: 1,166/1,185 Nasdaq Composite: 2,437/2,481 SECTOR ANALYSIS Energy was the best performing sector up 0.7% while materials was the worst performing sector down 0.7%. Other Sectors: Consumer Discretionary up 0.6% Consumer Staples up 0.4% Financials Flat Healthcare Flat Industrials Flat Technology up 0.3% Utilities down 0.7% www.btdstocks.com