US Market at 22 July 2009


Market at 22 July 2009
DJIA
Open 8912.39 High 8949.80 Low 8860.32 Close 8881.26
NASDAQ
Open 1911.56 High 1934.61 Low 1907.25 Close 1926.38
S&P500
Open 953.40 High 959.83 Low 947.75 Close 954.07

17 July Crude Inventories released a lower inventories from last week but it doesn't decrease more than last week release .

22 July before market open, ATI, MO, BA, MS, PFE, USB and WFC released their earning report. PFE and USB released their earning better than analyst estimation but lower than last year release. MS and ATI also released a lower earning than last year release, but MS missed analyst estimation, while ATI meet analyst estimation.
MO, BA and WFC released their earning higher than last year earning and better than analyst estimation.

DJIA moved in trading range between support at 8840 and resistance at 8960 then closed at 8881.26.
NASDAQ moved in trading range between support at 1900 and resistance at 1935 then closed at 1926.38.
S&P500 moved in trading range between support at 945 and resistance at 960 then closed at 954.07.

Market at 22 July 2009
DJIA
Support at 8845, if this support break, DJI will move to 8805.
Resistance at 8935, if this resistance break, DJI will move to 8985.
NASDAQ
Support at 1910, if this support break, NASDAQ will move to 1895.
Resistance at 1940, if this resistance break, NASDAQ will move to 1950.
S&P500
Support at 945, if this support break, S&P500 will move to 940.
Resistance at 960, if this resistance break, S&P500 will move to 965.

Economic Data Release at 23 July 2009.
  • 18 July Initial Claims will be release at 08.30 ET. Analyst estimate a higher claims than last release.
  • June Existing Home Sales will be release at 10.00 ET. Analyst estimate a better release than last release.
Earning Report
22 July after market closed, EBAY, ISRG, MOS, QCOM and SNDK released their earning report.
EBAY, MOS and QCOM released their earning better than analyst estimation but lower than last year release. While ISRG and SNDK released their earning higher than last year earning and better than analyst estimation.
23 July before market open, MMM, T, BMY, BG, CELG, CIT, CME, FITB, F, HBAN, LLL, MCD, POT, RTN, UNP and UPS will release their earning report.
Analyst estimate MMM, T, BG, CME, FITB, HBAN, POT, UNP and UPS will release their earning lower than last year release. While BMY, CELG, CIT, F, LLL, MCD and RTN might release their earning higher than last year release.

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