US Market At 16 April 2009


Market at 16 April 2009
DJIA
Open 8029.14 High 8168.12 Low 7962.71 Close 8125.43
NASDAQ
Open 1645.96 High 1676.17 Low 1628.08 Close 1670.44
S&P500
Open 854.54 High 870.35 Low 847.04 Close 865.30

March Building Permits and March Housing Starts released a lower data than last release.
4 April Initial Claims released a lower claims than last release.
April Philadelphia Fed released a better data release than last release.

16 April before market open, ISRG and JPM released their earning report. ISRG and JPM posted a lower earning than last year earning. ISRG meet analyst estimate, while JPM top analyst estimate.

DJIA moved testing support at 7920 and moved up held by resistance at 8150 then closed at 8125.43.
NASDAQ moved testing support at 1635 and moved up passed resistance at 1645 then closed at 1670.44.
S&P500 moved testing support at 840 and moved up held by resistance at 865 then closed at 865.30.

Market at 17 April 2009
DJIA
Support at 8000, if this support break, DJI will move to 7880.
Resistance at 8210, if this resistance break, DJI will move to 8300.
NASDAQ
Support at 1640, if this support break, NASDAQ will move to 1610.
Resistance at 1690, if this resistance break, NASDAQ will move to 1705.
S&P500
Support at 850, if this support break, S&P500 will move to 835.
Resistance at 875, if this resistance break, S&P500 will move to 885.

Economic Data Release at 17 April 2009.
  • April Mich Sentiment-Prel will be release at 09.55 ET.
Earning Report
16 April after market closed, GOOG released their earning report. They posted higher earning than last year earning and beated analyst estimate.
17 April before market open, C and GE will release their earning report. Analyst estimate C will report a better earning than last year earning while GE expected to release a lower earning than last year release.

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