US Market At 2 April 2009


Market at 2 April 2009
DJIA
Open 7763.99 High 8075.73 Low 7763.99 Close 7978.08
NASDAQ
Open 1579.98 High 1623.34 Low 1576.82 Close 1602.63
S&P500
Open 814.53 High 845.61 Low 814.53 Close 834.38

28 March Initial Claims released higher release than last release.
February Factory Orders released a better release than last release and beat analyst estimate.

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

DJIA gapped up and moved higher held by resistance at 7980 then closed at 7978.08.
NASDAQ gapped up and moved higher passed resistance at 1590 then closed at 1602.63.
S&P500 gapped up and moved higher held by resistance at 830 then closed at 834.38.

Market at 3 April 2009
DJIA
Support at 7800, if this support break, DJI will move to 7625.
Resistance at 8115, if this resistance break, DJI will move to 8250.
NASDAQ
Support at 1580, if this support break, NASDAQ will move to 1555.
Resistance at 1625, if this resistance break, NASDAQ will move to 1645.
S&P500
Support at 820, if this support break, S&P500 will move to 800.
Resistance at 850, if this resistance break, S&P500 will move to 860.

Economic Data Release at 3 April 2009.
  • March Average Workweek and March Hourly Earnings will be release at 08.30 ET. Analyst estimate release will hold steady as last month release.
  • March Nonfarm Payrolls and March Unemployment Rate will be release at 08.30 ET. Analyst estimate a lower payrolls and a higher rate than last release.
  • March ISM Services will be release at 10.00 ET. Analyst estimate a better release than last release.
Earning Report
2 April after market closed, RIMM released their earning report. They posted higher earning than last year earning and beated analyst estimate.

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