US Market at 22 October 2009


Market at 22 October 2009
DJIA
Open 9946.18 High 10105.19 Low 9916.78 Close 10081.31
NASDAQ
Open 2146.54 High 2169.17 Low 2130.70 Close 2165.29
S&P500
Open 1080.96 High 1095.21 Low 1074.31 Close 1092.91

10 October Continuing Claims released a lower claims than last release while 17 October Initial Claims released a higher claims than last release.
September Leading Indicators released a better release than last release.
August FHFA Housing Price Index released a lower price than last release.

22 October before market open, MMM, T, BDK, BMY, BG, CELG, DAL, DOW, ETR, MCD, MRK, POT, RTN, TRV, UNP and UPS released their earning report.
MMM, T, BDK, BG, DOW, POT, UNP and UPS released their earning better than analyst estimation but lower than last year release. While ETR released a lower earning than last year release and missed analyst estimation.
BMY, CELG, DAL, MCD, MRK, RTN and TRV released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing support at 9890 and moved up held by resistance at 10180 then closed at 10081.31.
NASDAQ moved testing support at 2135 and moved up held by resistance at 2180 then closed at 2165.29.
S&P500 moved testing support at 1075 and moved up held by resistance at 1095 then closed at 1092.91.

Market at 23 October 2009
DJIA
Support at 9965, if this support break, DJI will move to 9845.
Resistance at 10150, if this resistance break, DJI will move to 10220.
NASDAQ
Support at 2140, if this support break, NASDAQ will move to 2115.
Resistance at 2180, if this resistance break, NASDAQ will move to 2195.
S&P500
Support at 1080, if this support break, S&P500 will move to 1065.
Resistance at 1100, if this resistance break, S&P500 will move to 1110.

Economic Data Release at 23 October 2009.
  • September Existing Home Sales will be release at 10.00 ET. Analyst estimate a better release than last release.
Earning Report
22 October after market closed, AMZN, AXP, BRCM and BNI released their earning report.
AXP, BRCM and BNI released their earning better than analyst estimation but lower than last year release, while AMZN released their earning higher than last year earning and better than analyst estimation.
23 October before market open, EXC, HON, MSFT and SLB will release their earning report.
Analyst estimate their earning release is lower than last year release.

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