US Market at 29 October 2009


Market at 29 October 2009
DJIA
Open 9762.91 High 9969.91 Low 9759.13 Close 9962.58
NASDAQ
Open 2075.27 High 2101.33 Low 2071.30 Close 2097.55
S&P500
Open 1043.69 High 1066.83 Low 1043.69 Close 1066.11

Q3 Chain Deflator-Adv. and Q3 GDP-Adv. released a better release than last release.
17 October Continuing Claims and 24 October Initial Claims released a better release than last release.

29 October before market open, AEP, APA, AVP, ABX, CME, CL, XOM, NBL and PG released their earning report.
AEP, AVP, CME and NBL released their earning better than analyst estimation but lower than last year release, while APA and XOM released a lower earning than last year release and missed analyst estimation.
ABX, CL and PG released their earning higher than last year earning and better than analyst estimation.

DJIA moved up passed resistance at 9950 then closed at 9962.58.
NASDAQ moved up passed resistance at 2095 then closed at 2097.55.
S&P500 moved up held by resistance at 1070 then closed at 1066.11.

Market at 30 October 2009
DJIA
Support at 9825, if this support break, DJI will move to 9685.
Resistance at 10035, if this resistance break, DJI will move to 10105.
NASDAQ
Support at 2080, if this support break, NASDAQ will move to 2060.
Resistance at 2110, if this resistance break, NASDAQ will move to 2120.
S&P500
Support at 1050, if this support break, S&P500 will move to 1035.
Resistance at 1075, if this resistance break, S&P500 will move to 1085.

Economic Data Release at 30 October 2009.
  • September Personal Income and September Personal Spending will be release at 08.30 ET. Analyst estimate a lower release than last release.
  • September Core PCE Prices and September PCE Prices will be release at 08.30 ET. Analyst estimate that release will hold at the same level as last release.
  • October Chicago PMI will be release at 09.45 ET. Analyst estimate a better release than last release.
  • October Mich Sentiment-Rev will be release at 09.55 ET. Analyst estimate a better release than last release.
  • Q3 Employment Cost Index will be release at 10.00 ET. Analyst estimate that release will hold at the same level as last release.
Earning Report
29 October after market closed, CLF released their earning report. They released their earning better than analyst estimation but lower than last year release.
30 October before market open, AEE, ACI, CVX, EL and WY will release their earning report.
Analyst estimate that EL will release their earning higher than last year release, while other may release their earning lower than last year release.

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