US Market at 20 October 2009


Market at 20 October 2009
DJIA
Open 10092.42 High 10098.39 Low 9992.81 Close 10041.48
NASDAQ
Open 2180.46 High 2181.16 Low 2151.77 Close 2163.47
S&P500
Open 1098.64 High 1098.64 Low 1086.16 Close 1091.06

September Core PPI and September PPI released a lower release than last release.
September Building Permits and September Housing Starts released a lower release than last release and back to negative reading.

20 October before market open, BLK, CAT, KO, DD, JEF, LMT, PCP, PFE, UTX and UNH will release their earning report.
CAT, DD, PFE and UTX released their earning better than analyst estimation but lower than last year release. PCP and KO also released a lower earning than last year release, PCP missed analyst estimation while KO meet analyst estimation.
BLK, JEF, LMT and UNH released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing resistance at 10140 and moved down held by support at 10020 then closed at 10041.48.
NASDAQ moved testing resistance at 2185 and moved down held by support at 2140 then closed at 2163.47.
S&P500 moved testing resistance at 1105 and moved down held by support at 1080 then closed at 1091.06.

Market at 21 October 2009
DJIA
Support at 9990, if this support break, DJI will move to 9940.
Resistance at 10095, if this resistance break, DJI will move to 10150.
NASDAQ
Support at 2150, if this support break, NASDAQ will move to 2135.
Resistance at 2180, if this resistance break, NASDAQ will move to 2195.
S&P500
Support at 1085, if this support break, S&P500 will move to 1080.
Resistance at 1095, if this resistance break, S&P500 will move to 1105.

Economic Data Release at 21 October 2009.
  • 16 October Crude Inventories will be release at 10.30 ET.
  • Fed's Beige Book will be release at 14.00 ET.
Earning Report
20 October after market closed, CNI, GILD, ISRG, SNDK and YHOO released their earning report.
GILD, ISRG, SNDK and YHOO released their earning higher than last year earning and better than analyst estimation. While CNI released their earning better than analyst estimation but lower than last year release.
21 October before market open, ATI, MO, BA, FCX, MS, UBS, USG and WFC will release their earning report.
Analyst estimate ATI, BA, MS, UBS, USG and WFC will release their earning lower than last year release, while MO and FCX might release their earning higher than last year release.

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