US Market At 4 August 2009


Market at 4 August 2009
DJIA
Open 9285.05 High 9321.10 Low 9250.74 Close 9320.19
NASDAQ
Open 1996.47 High 2015.59 Low 1993.74 Close 2011.31
S&P500
Open 1001.41 High 1007.12 Low 996.68 Close 1005.65

June Personal Income released at steady level as last release while June Personal Spending released higher than last release.
June Pending Home Sales released higher than last release.

4 August before market open, ETR, MLM, UPL, UNT, VRX and ICE will release their earning report.
MLM, UPL and UNT released their earning better than analyst estimation but lower than last year release. While ETR and ICE released a lower earning and missed analyst estimation.
VRX released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing support at 9210 and moved down held by resistance at 9330 then closed at 9320.19.
NASDAQ moved testing support at 1995 and moved down held by resistance at 2015 then closed at 2011.31.
S&P500 moved testing support at 995 and moved down held by resistance at 1005 then closed at 1005.65.

Market at 5 August 2009
DJIA
Support at 9275, if this support break, DJI will move to 9225.
Resistance at 9345, if this resistance break, DJI will move to 9370.
NASDAQ
Support at 2000, if this support break, NASDAQ will move to 1985.
Resistance at 2020, if this resistance break, NASDAQ will move to 2030.
S&P500
Support at 1000, if this support break, S&P500 will move to 990.
Resistance at 1010, if this resistance break, S&P500 will move to 1015.

Economic Data Release at 5 August 2009.
  • July ADP Employment Change will be release at 08.15 ET. Analyst estimate a better release than last release, but still in negative reading.
  • June Factory Orders will be release at 10.00 ET. Analyst estimate a lower order than last release and back in negative reading.
  • July ISM Services will be release at 10.00 ET. Analyst estimate a better release than last release, but still in negative reading.
  • 31 July Crude Inventories will be release at 10.30 ET.
Earning Report
5 August before market open, AGU, BHI, DVN, GRMN, PG and RIG will release their earning report. Analyst estimate their earning release is lower than last year release.

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