US Market At 29 July 2009


Market at 29 July 2009
DJIA
Open 9092.34 High 9094.83 Low 9014.19 Close 9070.72
NASDAQ
Open 1965.02 High 1970.65 Low 1953.36 Close 1967.76
S&P500
Open 977.66 High 977.76 Low 968.65 Close 975.15

June Durable Orders released a lower order than last release and missed analyst estimation, while June Durables, Ex Transportation released higher than last release and beated analyst estimation.
24 July Crude Inventories released a higher inventories than last release and showed a weak demand on oil.
Fed's Beige Book release said that the economy isn't shrinking and holding steady in most parts of the country, but still finding good news in this condition isn't easy. Employment hiring extremely soft across the country, retail sales sluggish and commercial real estate remained depressed. Fed statements offered a slight optimistic view of the economy.

29 July before market open, COP, GD and HES released their earning report. COP and HES released their earning better than analyst estimation but lower than last year release, while GD released their earning higher than last year earning and better than analyst estimation.

DJIA moved in trading range between support at 9025 and resistance at 9085 then closed at 9070.72.
NASDAQ moved in trading range between support at 1955 and resistance at 1970 then closed at 1967.76.
S&P500 moved in trading range between support at 970 and resistance at 980 then closed at 975.15.

Market at 30 July 2009
DJIA
Support at 9025, if this support break, DJI will move to 8980.
Resistance at 9105, if this resistance break, DJI will move to 9140.
NASDAQ
Support at 1955, if this support break, NASDAQ will move to 1945.
Resistance at 1975, if this resistance break, NASDAQ will move to 1980.
S&P500
Support at 970, if this support break, S&P500 will move to 965.
Resistance at 980, if this resistance break, S&P500 will move to 985.

Economic Data Release at 30 July 2009.
  • 25 July Initial Claims will be release at 08.30 ET. Analyst estimate a higher claims than last release.
Earning Report
29 July after market closed, AKAM, AVB, CDNS, CERN, CLF, ESRX, FISV, FLS, SYMC, TSO and V released their earning report.
AVB, CDNS, CLF, FLS and TSO released their earning better than analyst estimation but lower than last year release. AKAM and SYMC also released a lower earning than last year release, AKAM missed analyst estimation and SYMC meet analyst estimation.
Meanwhile ESRX, FISV and V released their earning higher than last year earning and better than analyst estimation, while CERN released their earning higher than last year earning and meet analyst estimation.
30 July before market open, APA, AVP, ABX, BDX, CL, XOM, BEN, MA, NBL, RYN and WYNN will release their earning report.
Analyst estimate APA, AVP, ABX, XOM, BEN, NBL, RYN and WYNN will release their earning lower than last year release, while BDX, MA and CL will release their earning higher than last year release.

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