US Market At 12 March 2009


Market at 12 March 2009
DJIA
Open 6932.39 High 7184.71 Low 6872.25 Close 7170.06
NASDAQ
Open 1367.33 High 1427.55 Low 1355.05 Close 1426.10
S&P500
Open 720.89 High 752.63 Low 714.76 Close 750.74

February Retail Sales and Retail Sales ex-auto released lower sales than last month release but better than analyst estimate.
7 March Initial Claims release higher than last release and missed analyst estimate.
January Business Inventories released a better data than last month release.

DJIA moved down testing support at 6860 and passed their resistance at 7085 then closed at 7170.06.
NASDAQ moved down testing support at 1355 and passed their resistance at 1400 then closed at 1426.10.
S&P500 moved down testing support at 710 and passed their resistance at 740 then closed at 750.74.

Market at 13 March 2009
DJIA
Support at 7075, if this support break, DJI will move to 6965.
Resistance at 7280, if this resistance break, DJI will move to 7385.
NASDAQ
Support at 1400, if this support break, NASDAQ will move to 1380.
Resistance at 1450, if this resistance break, NASDAQ will move to 1475.
S&P500
Support at 740, if this support break, S&P500 will move to 725.
Resistance at 765, if this resistance break, S&P500 will move to 775.

Economic Data Release at 13 March 2009.
  • February Export Prices ex-ag. and Import Prices ex-oil will be release at 08.30 ET.
  • January Trade Balance will be release at 08.30 ET.
  • March Mich Sentiment-Prel will be release at 10.00 ET.
Earning Report
There are no earning might affect today market movement.

Comments

Post a Comment

Popular posts from this blog

US Market at 2 Desember 2009

Image
Market at 2 December 2009 DJIA Open 10470.44 High 10513.52 Low 10421.47 Close 10452.68 NASDAQ Open 2178.80 High 2198.55 Low 2177.82 Close 2185.03 S&P500 Open 1109.03 High 1115.58 Low 1105.29 Close 1109.24 November Challenger Job Cuts released a lower release than last release. November ADP Employment Report released a better release than last release, but still in negative reading. 27 November Crude Inventories released a higher inventories than last release. November Fed Beige Book released that U.S. economy is improving modestly with little upward pressure on wages and finished goods despite commodity price gains. Commercial real estate and construction ran counter to the trend of moderate pickup.While jobs markets remained weak but were stabilizing and showing improvement. The Fed held benchmark interest rates at close to zero and promised to keep rates low to support a weak recovery likely to be held back by persistently high unemployment. DJIA moved testing resistance at 10535...
Read more

Citigroup Q1 better than estimate, oil getting higher

Image
Global Market Citigroup Inc. posted a $5.11 billion loss, less than analysts' estimates, and cut 9,000 jobs, it sending their shares higher and sparking a rally in U.S. stocks and the dollar. Citigroup reported $16 billion of writedowns and increased loan reserves as customers fell behind on home, car and credit-card payments. Their net loss of $1.02 a share compared with an estimate of $1.66 by analyst. Citigroup climbed $1.08 to $25.11. The Standard & Poor's 500 Index rose 1.8 percent and the dollar gained against the euro. Revenue fell to $13.2 billion, compared with analyst estimate of $11.1 billion. While the writedowns stuck their trading and investment-banking division revenue climbed in both the consumer and wealth-management businesses. The company benefited from a $633 million gain on its stake in Visa Inc., which make an initial stock offering and a $663 million gain on the sale of shares in Redecard SA. Citigroup set about $1.8 billion as reserves for bad consu...
Read more

US Market at 24 March 2010

Image
Market at 24 March 2010 DJIA Open 10887.62 High 10887.84 Low 10825.42 Close 10836.15 NASDAQ Open 2406.55 High 2408.64 Low 2396.92 Close 2398.76 S&P500 Open 1172.70 High 1173.04 Low 1166.01 Close 1167.72 February Durable Orders released a lower order than last release, while February Durable Orders ex Auto released a higher order than last release. February New Home Sales released a lower sales than last release. 20 March Crude Inventories released a higher inventories than last release. 24 March 2010 before market open, LEN released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved in trading range between support at 10815 and resistance at 10925 then closed at 10836.15. NASDAQ moved in trading range between support at 2380 and resistance at 2410 then closed at 2398.76. S&P500 moved in trading range between support at 1165 and resistance at 1175 then closed at 1167.72. Market at 25 March 2010 DJIA Supp...
Read more