US Market at 14 July 2009


Market at 14 July 2009
DJIA
Open 8331.37 High 8361.23 Low 8285.20 Close 8359.49
NASDAQ
Open 1790.67 High 1800.73 Low 1782.85 Close 1799.73
S&P500
Open 900.77 High 905.84 Low 896.50 Close 905.84

June Core PPI and June PPI released a better release than last release.
June Retail Sales released a higher sales than last month release while June Retail Sales ex-auto released a lower sales than last month release.
May Business Inventories released higher inventories than last release, but still in negative reading.

14 July before market open, GS and JNJ released their earning report. JNJ released their earning better than analyst estimation but lower than last year release. While GS released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing support at 8300 and moved up held by resistance at 8400 then closed at 8359.49.
NASDAQ moved testing support at 1780 and moved up held by resistance at 1810 then closed at 1799.73.
S&P500 moved testing support at 895 and moved up held by resistance at 910 then closed at 905.84.

Market at 15 July 2009
DJIA
Support at 8310, if this support break, DJI will move to 8260.
Resistance at 8385, if this resistance break, DJI will move to 8410.
NASDAQ
Support at 1790, if this support break, NASDAQ will move to 1775.
Resistance at 1805, if this resistance break, NASDAQ will move to 1815.
S&P500
Support at 900, if this support break, S&P500 will move to 895.
Resistance at 910, if this resistance break, S&P500 will move to 915.

Economic Data Release at 15 July 2009.
  • June Core CPI and June CPI will be release at 08.30 ET. Analyst estimate that CPI will release a better release than last release, while Core CPI expected to stay at steady level as last month release.
  • July Empire Manufacturing will be release at 08.30 ET. Analyst estimate a better release than last release, but still in negative reading.
  • June Capacity Utilization and June Industrial Production will be release at 09.15 ET. Analyst estimate Capacity Utilization will release a lower release than last month release while Industrial Production a better release than last release, but still in negative reading.
  • 10 July Crude Inventories will be release at 10.30 ET.
  • 24 June Minutes of FOMC Meeting will be release at 14.00 ET.
Earning Report
14 July after market closed, INTC released their earning report. They released their earning better than analyst estimation but lower than last year release.
15 July before market open, ABT will release their earning report. Analyst estimate their earning release is higher than last year release.

Comments

Post a Comment

Popular posts from this blog

US Market at 2 Desember 2009

Image
Market at 2 December 2009 DJIA Open 10470.44 High 10513.52 Low 10421.47 Close 10452.68 NASDAQ Open 2178.80 High 2198.55 Low 2177.82 Close 2185.03 S&P500 Open 1109.03 High 1115.58 Low 1105.29 Close 1109.24 November Challenger Job Cuts released a lower release than last release. November ADP Employment Report released a better release than last release, but still in negative reading. 27 November Crude Inventories released a higher inventories than last release. November Fed Beige Book released that U.S. economy is improving modestly with little upward pressure on wages and finished goods despite commodity price gains. Commercial real estate and construction ran counter to the trend of moderate pickup.While jobs markets remained weak but were stabilizing and showing improvement. The Fed held benchmark interest rates at close to zero and promised to keep rates low to support a weak recovery likely to be held back by persistently high unemployment. DJIA moved testing resistance at 10535...
Read more

Citigroup Q1 better than estimate, oil getting higher

Image
Global Market Citigroup Inc. posted a $5.11 billion loss, less than analysts' estimates, and cut 9,000 jobs, it sending their shares higher and sparking a rally in U.S. stocks and the dollar. Citigroup reported $16 billion of writedowns and increased loan reserves as customers fell behind on home, car and credit-card payments. Their net loss of $1.02 a share compared with an estimate of $1.66 by analyst. Citigroup climbed $1.08 to $25.11. The Standard & Poor's 500 Index rose 1.8 percent and the dollar gained against the euro. Revenue fell to $13.2 billion, compared with analyst estimate of $11.1 billion. While the writedowns stuck their trading and investment-banking division revenue climbed in both the consumer and wealth-management businesses. The company benefited from a $633 million gain on its stake in Visa Inc., which make an initial stock offering and a $663 million gain on the sale of shares in Redecard SA. Citigroup set about $1.8 billion as reserves for bad consu...
Read more

US Market at 24 March 2010

Image
Market at 24 March 2010 DJIA Open 10887.62 High 10887.84 Low 10825.42 Close 10836.15 NASDAQ Open 2406.55 High 2408.64 Low 2396.92 Close 2398.76 S&P500 Open 1172.70 High 1173.04 Low 1166.01 Close 1167.72 February Durable Orders released a lower order than last release, while February Durable Orders ex Auto released a higher order than last release. February New Home Sales released a lower sales than last release. 20 March Crude Inventories released a higher inventories than last release. 24 March 2010 before market open, LEN released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved in trading range between support at 10815 and resistance at 10925 then closed at 10836.15. NASDAQ moved in trading range between support at 2380 and resistance at 2410 then closed at 2398.76. S&P500 moved in trading range between support at 1165 and resistance at 1175 then closed at 1167.72. Market at 25 March 2010 DJIA Supp...
Read more