US Market At 16 January 2009


Market at 16 January 2009
DJIA
Open 8215.67 High 8341.20 Low 8109.34 Close 8281.22
NASDAQ
Open 1534.91 High 1538.82 Low 1490.35 Close 1529.33
S&P500
Open 844.45 High 858.13 Low 830.66 Close 850.12

  • December Core CPI released at the same level as last report while CPI release a better report.
  • December Industrial Production and Capacity Utilization release missed analyst estimation, and it made index fall after market open.
  • January Mich Sentiment-Prel report show an increase form last report from 60.1 to 61.9.

DJIA moved to negative teritory and held at 8100, DJIA rebounded and closed at 8281.22.
NASDAQ opened gap up then they moved to negative teritory from market open till 12.00 ET to "close the window", they held at 1490. Then they rebounded and close in positive teritory at 1529.33
S&P500 moved to negative teritory from market open till 12.00 ET and held by support at 830, they rebounded back and close at 850.12.

Market at 20 January 2009
DJIA
Support at 8150, if this support break, DJI will move to 8000.
Resistance at 8375, if this resistance break, DJI will move to 8475.
NASDAQ
Support at 1500, if this support break, NASDAQ will move to 1470.
Resistance at 1550, if this resistance break, NASDAQ will move to 1570.
S&P500
Support at 835, if this support break, S&P500 will move to 820.
Resistance at 860, if this resistance break, S&P500 will move to 875.

Economic Data Release at 20 January 2009
There is no Economic Data Release today.

Earning Report
JNJ to report their earning before market open, analyst estimate that they will post an increase on their earning from $0.88 last year earning to $0.92.

Event
Presidential Inauguration 2009 will take place today at 11.00 ET.

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