US Market At 16 June 2009


Market at 16 June 2009
DJIA
Open 8612.44 High 8643.65 Low 8499.38 Close 8504.67
NASDAQ
Open 1824.51 High 1831.18 Low 1795.55 Close 1796.18
S&P500
Open 925.60 High 928.00 Low 911.60 Close 911.97

May Housing Starts and May Building Permits released a better release than last release.
May PPI and May Core PPI released a lower stat than last release and missed analyst estimation.
May Capacity Utilization and May Industrial Production released a lower production than last release and missed analyst estimation.

16 June before market open, BBY released their earning report. BBY released their earning better than analyst estimation but lower than last year release.

DJIA moved down passed support at 8525 then closed at 8504.67.
NASDAQ moved testing resistance at 1835 and moved down passed support at 1800 then closed at 1796.18.
S&P500 moved down passed support at 915 then closed at 911.97.

Market at 17 June 2009
DJIA
Support at 8455, if this support break, DJI will move to 8405.
Resistance at 8600, if this resistance break, DJI will move to 8695.
NASDAQ
Support at 1785, if this support break, NASDAQ will move to 1770.
Resistance at 1820, if this resistance break, NASDAQ will move to 1845.
S&P500
Support at 905, if this support break, S&P500 will move to 900.
Resistance at 920, if this resistance break, S&P500 will move to 935.

Economic Data Release at 17 June 2009.
  • May Core CPI and May CPI will be release at 08.30 ET. Analyst estimate a higher CPI release and a lower core CPI release compare than last release .
  • Q1 Current Account Balance will be release at 08.30 ET. Analyst estimate a lower deficit than last release.
  • 12 June Crude Inventories will be release at 10.30 ET.
Earning Report
16 June after market closed, ADBE released their earning report. They released a lower earning than last year release but meet analyst estimation.
17 June before market open, FDX will release their earning report. Analyst estimate their earning release is lower than last year release.

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