US Market At 22 April 2009


Market at 22 April 2009
DJIA
Open 7964.78 High 8044.83 Low 7868.01 Close 7886.57
NASDAQ
Open 1631.05 High 1679.82 Low 1624.73 Close 1646.12
S&P500
Open 847.26 High 861.78 Low 840.57 Close 843.55

17 April Crude Inventories released higher than analyst estimation, it send crude oil price down below US$ 50.

2 April before market open, ATI, T, BA, FCX, MCD, MS and WFC released their earning report. ATI, T and WFC released their earning better than analyst estimate but lower than last year release. BA, FCX and MS released their earning lower than last year release and missed analyst estimation. While MCD released their earning higher than last year release and better than analyst estimation.

DJIA moved testing resistance at 8040 and moved down held by support at 7850 then closed at 7886.57.
NASDAQ moved testing resistance at 1675 and moved down held by support at 1630 then closed at 1646.12.
S&P500 moved testing resistance at 860 and moved down held by support at 840 then closed at 843.55.

Market at 23 April 2009
DJIA
Support at 7750, if this support break, DJI will move to 7645.
Resistance at 7935, if this resistance break, DJI will move to 8000.
NASDAQ
Support at 1620, if this support break, NASDAQ will move to 1595.
Resistance at 1675, if this resistance break, NASDAQ will move to 1705.
S&P500
Support at 835, if this support break, S&P500 will move to 825.
Resistance at 855, if this resistance break, S&P500 will move to 870.

Economic Data Release at 23 April 2009.
  • 18 April Initial Claims will be release at 08.30 ET. Analyst estimate a little bit higher claims than last release.
  • March Existing Home Sales will be release at 10.00 ET. Analyst estimate a lower sales than last release.
Earning Report
22 April after market closed, AAPL and EBAY released their earning report. They posted higher earning than last year earning and beated analyst estimate.
23 April before market open, BDK, BG, CME, COP, LLL, POT, RTN, UPS and UNP will release their earning report. Analyst estimate BDK, BG, CME, COP, POT, UPS and UNP will release their earning lower than last year release, while LLL and RTN will release a higher earning than last year release.

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