US Market at 19 May 2009


Market at 19 May 2009
DJIA
Open 8502.48 High 8538.01 Low 8463.54 Close 8474.85
NASDAQ
Open 1727.32 High 1750.05 Low 1719.92 Close 1734.54
S&P500
Open 909.67 High 916.39 Low 905.22 Close 908.13

April Building Permits and April Housing Starts missed analyst estimation and released a lower release than last release.

19 May before market open, HD released their earning report. They released their earning better than analyst estimation but lower than last year release.

DJIA moved in trading range between support at 8430 and resistance at 8590 then closed at 8474.85.
NASDAQ moved in trading range between support at 1720 and resistance at 1745 then closed at 1734.54.
S&P500 moved in trading range between support at 895 and resistance at 915 then closed at 908.13.

Market at 20 May 2009
DJIA
Support at 8445, if this support break, DJI will move to 8415.
Resistance at 8520, if this resistance break, DJI will move to 8565.
NASDAQ
Support at 1720, if this support break, NASDAQ will move to 1705.
Resistance at 1750, if this resistance break, NASDAQ will move to 1765.
S&P500
Support at 905, if this support break, S&P500 will move to 900.
Resistance at 915, if this resistance break, S&P500 will move to 920.

Economic Data Release at 20 May 2009.
  • 15 May Crude Inventories will be release at 10.30 ET.
  • 29 April FOMC Minutes will be release at 14.00 ET.
Earning Report
19 May after market closed, HPQ released their earning report. They released a lower earning than last year release but meet analyst estimation.
20 May before market open, BJ, DE and TGT will release their earning report. Analyst estimate DE and TGT will release their earning lower than last year release, while BJ might release a higher earning than last year release.

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