US Market At 15 April 2009


Market at 15 April 2009
DJIA
Open 7914.92 High 8041.32 Low 7870.48 Close 8029.62
NASDAQ
Open 1613.08 High 1627.72 Low 1599.11 Close 1626.80
S&P500
Open 839.44 High 852.93 Low 835.58 Close 852.06

March Core CPI released at steady level as last month release while March CPI released lower than last release and missed analyst estimation.
April Empire Manufacturing released a better data than last month release, signing an improvement on manufacturing sector.
February Net Long-Term TIC Flows released higher than last release and better than estimate.
March Capacity Utilization and March Industrial Production released a steady data as last release.
10 April Crude Inventories released a bigger inventories than analyst estimation.
Fed's Beige Book released said that overall economic activity remained weak, but there is a sign of moderation in the pace of decline and activity in some sectors was stabilizing at a low level.

15 April before market open, ABT released their earning report. They posted higher earning than last year earning and beated analyst estimate.

DJIA moved testing support at 7860 and moved up passed resistance at 8020 then closed at 8029.62.
NASDAQ moved testing support at 1600 and moved up passed resistance at 1625 then closed at 1626.80.
S&P500 moved testing support at 835 and moved up passed resistance at 850 then closed at 852.06.

Market at 16 April 2009
DJIA
Support at 7920, if this support break, DJI will move to 7810.
Resistance at 8100, if this resistance break, DJI will move to 8150.
NASDAQ
Support at 1610, if this support break, NASDAQ will move to 1590.
Resistance at 1635, if this resistance break, NASDAQ will move to 1645.
S&P500
Support at 840, if this support break, S&P500 will move to 830.
Resistance at 860, if this resistance break, S&P500 will move to 865.

Economic Data Release at 16 April 2009.
  • March Building Permits and March Housing Starts will be release at 08.30 ET. Analyst estimate a hold steady data release as last release.
  • 4 April Initial Claims will be release at 08.30 ET. Analyst estimate a slight increase on claims than last release.
  • April Philadelphia Fed will be release at 10.00 ET. Analyst estimate a better data release than last release.
Earning Report
16 April before market open, BLK and JPM will release their earning report. Analyst estimate their earning release is lower than last year release.

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