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[November 20, 2009]

Comtex SmarTrend(R) Market Close Wrap-up -- November 20, 2009

Nov 20, 2009 (SmarTrend(R) Market Commentary via COMTEX) -- Last updated November 20, 2009: 4:30 PM ET --- The major U.S. equity indices closed lower Friday as investors grew more hesitant over the pace of economic recovery and avoid riskier investments. D.R. Horton (NYSE:DHI) shares fell 12% after reporting a worse-than-forecast $231.9 million quarterly loss. Chairman Donald Horton said that market conditions are still challenging. Dell (NASDAQ:DELL) shares fell 9% after the company reported a 54% drop in its Q3 profit. The Dow Jones Industrial Average closed 0.14% lower at 10,318.16, the S&P500 fell 0.32% to 1,091.38, and the Nasdaq Composite fell 0.50% to 2,146.04.

Write to Chip Brian at cbrian@tradethetrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

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