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BTDStocks.com Thursday, September 16, 2010 End-Of-Day Update

|Includes: SPDR Dow Jones Industrial Average ETF (DIA), QQQ, SPY, TRV
CURRENT COMMENTARY

Another similar day to yesterday where the major indexes (DJIA, S&P 500, and Nasdaq Composite) were down early in the trading session and staged a comeback to finish near the highs basically flat.  Our support and resistance remain the same.  The semiconductor index (the SOX) outperformed stocks and finished up 0.8% and we need to see more of this in order for the market uptrend to continue.  We were close to removing Alcoa (symbol: AA) from the profile list.  However, it was able to close above our support level of $11.17.  Since we profiled Alcoa (and removed half a position at the 9/14 open price of $11.46) and Travelers (symbol: TRV) they are up 5.3% and 4.6%, respectively.   

SUMMARY

DJIA: Up 0.2% to 10,595

S&P 500: Flat to 1,125

Nasdaq Composite: Flat to 2,303

BREADTH FOR NYSE

Advancing Issues: 1,276

Declining Issues: 1,741

Advance/Decline Ratio: .7 to 1

New Highs: 70

New Lows: 10

High/Low Ratio: 7 to 1

SUPPORT/RESISTANCE LEVELS

DJIA: 10,454/10,636

S&P 500: 1,116/1,126

Nasdaq Composite: 2,275/2,304

NOTABLE ACTIVITY IN DOW 30 STOCKS

None

ACTIVE STOCK PROFILES

Alcoa (symbol: AA) profiled since $10.79

The Travelers Companies, Inc. (symbol: TRV) profiled since $50.36

www.btdstocks.com



Disclosure: No positions