Oct 30, 2009 (SmarTrend(R) Week In Review via COMTEX News Network) --
% Change
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Index Close Week YTD
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DJIA 9712.73 -2.61% 10.67%
S&P 500 1036.18 -4.02% 14.72%
NASDAQ 2045.11 -5.08% 29.68%
-Visa (NYSE:V) reports fiscal Q4 EPS of 74 cents (vs. 72 cents), affirms outlook
-United States Steel (NYSE:X) reports a Q3 loss of $2.11 per share (vs. loss of $2.87 per share) on revenues of $2.82 billion (vs. $2.72 billion). Q3 shipments of 4.2 million tons, up 41% from the sequential quarter
-Baidu (NASDAQ:BIDU) reports Q3 EPS of $2.16 (vs. $1.77) on revenues of $187.3 million (vs. $186.5 million), but will suffer from introduction of Phoenix Nest
-Exxon Mobil (NYSE:XOM) reports Q3 EPS of 98 cents (vs. $1.03) on revenues of $82.3 billion (vs. $79.3 billion). Oil-equivalent production rose almost 3%
-Sprint Nextel (NYSE:S) reports a Q3 loss of $0.17 per share, (vs. -$0.15) on revenues of $8.04 billion (inline). Net subscribers fell by 135,000
-Procter & Gamble (NYSE:PG) reports fiscal Q1 EPS of $1.06 (vs. 99 cents) on revenues of $19.8 billion (inline)
-The Commerce Department reports Q3 GDP growth of 3.5% (vs. est. of 3.3%); Labor department reports Initial Jobless Claims of 530,000 (vs. est. of 525,000); New Home Sales fall to 402,000 (vs. est. of 440,000) prior 429,000
The Week Ahead: November 2-6, 2009
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-Earnings:Chesapeake Energy (NYSE:CHK), Clorox (NYSE:CLX), Consolidated Edison (NYSE:ED), Dean Foods (NYSE:DF), Ford Motor (NYSE:F), Humana (NYSE:HUM), Loews Corp. (NYSE:L), Archer Daniels Midland (NYSE:ADM), Kraft Foods (NYSE:KFT), Marathon Oil (NYSE:MRO), MasterCard (NYSE:MA), Polo Ralph Lauren (NYSE:RL), Tenet Healthcare (NYSE:THC), Viacom (NYSE:VIA), Baker Hughes (NYSE:BHI), Cisco (NASDAQ:CSCO), Comcast (NASDAQ:CMCSA), Molson Coors Brewing (NYSE:TAP), Murphy Oil (NYSE:MUR), News Corp. (NYSE:NWS), Qualcomm (NASDAQ:QCOM), Allstate (NYSE:ALL), Time Warner (NYSE:TWX), Whole Foods (NASDAQ:WFMI), CBS Corp. (NYSE:CBS), CVS Caremark (NYSE:CVS), Dr Pepper Snapple (NYSE:DPS), EOG Resources (NYSE:EOG), NVIDIA (NASDAQ:NVDA), Starbucks (NASDAQ:SBUX), Sunoco (NYSE:SUN), Time Warner Cable (NYSE:TWC)
-Economic Data(estimates in parenthesis): Construction Spending Sep (-0.4%), ISM Index Oct (53.0), Pending Home Sales Sep (0.4%), Factory Orders Sep (1.0%), Auto sales Oct (1.0%), ADP Employment Report Oct (-190K), FOMC Rate Decision (0.25%), Employment Cost Index Q3, Productivity-Prelim Q3 (5.8%), Initial Claims, Nonfarm Payrolls Oct (-166K), Unemployment Rate Oct (9.9%), Consumer Credit Sep (-$10.0B)
-FedSpeak:Fed Gov. Daniel Tarullo (Mon), Fed Board Gov. Elizabeth Duke (Fri)
By Chip Brian, Editor-in-Chief
Ticker Trend Trend Date Trend Price Last Price Return
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V Uptrend 10/09/2009 $72.32 $75.76 4.8%
X Downtrend 10/01/2009 $43.24 $34.49 20.2%
PG Uptrend 09/10/2009 $55.75 $58.00 4.0%
HUM Uptrend 07/30/2009 $33.69 $37.58 11.6%
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