US Market At 28 May 2009


Market at 28 May 2009
DJIA
Open 8300.50 High 8434.62 Low 8246.58 Close 8403.80
NASDAQ
Open 1743.54 High 1754.95 Low 1714.48 Close 1751.79
S&P500
Open 892.96 High 909.45 Low 887.60 Close 906.83

April Durable Goods Orders and April Durables, Ex-Transport released a better release than last release and beated analyst estimation.
23 May Initial Claims released a lower claims than last release.
April New Home Sales released at steady level as last release.
22 May Crude Inventories released that inventories fell more than analyst estimation and made crude oil price up above US$ 60/barrel.

28 May before market open, COST released their earning report. They released a lower earning than last year release and missed analyst estimation.

DJIA moved testing support at 8225 and moved up held by resistance at 8435 then closed at 8403.80.
NASDAQ moved testing support at 1720 and moved up held by resistance at 1755 then closed at 1751.79.
S&P500 moved testing support at 885 and moved up held by resistance at 905 then closed at 906.83.

Market at 29 May 2009
DJIA
Support at 8290, if this support break, DJI will move to 8175.
Resistance at 8475, if this resistance break, DJI will move to 8550.
NASDAQ
Support at 1740, if this support break, NASDAQ will move to 1725.
Resistance at 1765, if this resistance break, NASDAQ will move to 1780.
S&P500
Support at 895, if this support break, S&P500 will move to 880.
Resistance at 915, if this resistance break, S&P500 will move to 925.

Economic Data Release at 29 May 2009.
  • Q1 GDP - Prelim. and Q1 GDP Deflator will be release at 08.30 ET. Analyst estimate a better release on Q1 GDP - Prelim., while Q1 GDP Deflator expect to release at steady level as last release.
  • May Chicago PMI and May Mich Sentiment-Rev will be release at 09.45 ET. Analyst estimate release will hold steady as last release.
Earning Report
28 May after market closed, DELL released their earning report. They released their earning better than analyst estimation but lower than last year release.
29 May before market open, TIF will release their earning report. Analyst estimate their earning release is lower than last year release.

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