US Market at 27 August 2009


Market at 27 August 2009
DJIA
Open 9541.63 High 9609.72 Low 9459.40 Close 9580.63
NASDAQ
Open 2020.32 High 2029.27 Low 1993.03 Close 2027.73
S&P500
Open 1027.81 High 1033.33 Low 1016.20 Close 1030.98

22 August Initial Claims released a lower claim than last release and better than analyst estimation.
Q2 GDP - Prelim and Q2 Core PCE released at steady level as last release, while Q2 GDP Deflator released a lower release than last release.

27 August before market open, TOL released their earning report. They released a lower earning than last year release and missed analyst estimation.

DJIA moved testing support at 9440 and moved up held by resistance at 9590 then closed at 9580.63.
NASDAQ moved testing support at 2005 and moved up held by resistance at 2035 then closed at 2027.73.
S&P500 moved testing support at 1015 and moved up held by resistance at 1035 then closed at 1030.98.

Market at 28 August 2009
DJIA
Support at 9490, if this support break, DJI will move to 9400.
Resistance at 9640, if this resistance break, DJI will move to 9700.
NASDAQ
Support at 2005, if this support break, NASDAQ will move to 1980.
Resistance at 2040, if this resistance break, NASDAQ will move to 2050.
S&P500
Support at 1020, if this support break, S&P500 will move to 1010.
Resistance at 1035, if this resistance break, S&P500 will move to 1045.

Economic Data Release at 28 August 2009.
  • July Personal Income and July Personal Spending will be release at 08.30 ET. Analyst estimate a better release than last release, but still in negative reading.
  • July PCE Core will be release at 08.30 ET. Analyst estimate a lower release than last release.
  • August Mich Sentiment-Rev will be release at 09.55 ET. Analyst estimate a better release than last release.
Earning Report
27 August after market closed, DELL released their earning report. They released their earning better than analyst estimation but lower than last year release.
28 August before market open, FRO and TIF will release their earning report. Analyst estimate their earning release is lower than last year release.

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