US Market at 7 October 2009


Market at 7 October 2009
DJIA
Open 9725.69 High 9740.32 Low 9675.62 Close 9725.58
NASDAQ
Open 2100.09 High 2110.33 Low 2095.94 Close 2110.33
S&P500
Open 1053.65 High 1058.02 Low 1050.10 Close 1057.58

2 October Crude Inventories released a lower inventories than analyst estimation.
August Consumer Credit release a higher credit than last release, but still in negative reading.

7 October before market open, COST and MON will release their earning report. They released their earning better than analyst estimation but lower than last year release.

DJIA moved in trading range between resistance at 9805 and support at 9630 then closed at 9725.58.
NASDAQ moved in trading range between resistance at 2115 and support at 2100 then closed at 2110.33.
S&P500 moved in trading range between resistance at 1060 and support at 1055 then closed at 1057.58.

Market at 8 October 2009
DJIA
Support at 9685, if this support break, DJI will move to 9650.
Resistance at 9750, if this resistance break, DJI will move to 9780.
NASDAQ
Support at 2100, if this support break, NASDAQ will move to 2090.
Resistance at 2115, if this resistance break, NASDAQ will move to 2120.
S&P500
Support at 1050, if this support break, S&P500 will move to 1045.
Resistance at 1060, if this resistance break, S&P500 will move to 1065.

Economic Data Release at 8 October 2009.
  • 26 September Continuing Claims and 3 October Initial Claims will be release at 08.30 ET. Analyst estimate a better release than last release.
  • August Wholesale Inventories will be release at 10.00 ET. Analyst estimate a better release than last release, but still in negative reading.
Earning Report
7 October after market closed, AA released their earning report. They released their earning better than analyst estimation but lower than last year release.
8 October before market open, PEP will release their earning report. Analyst estimate their earning release is lower than last year release.

Comments

Post a Comment

Popular posts from this blog

US Market at 2 Desember 2009

Image
Market at 2 December 2009 DJIA Open 10470.44 High 10513.52 Low 10421.47 Close 10452.68 NASDAQ Open 2178.80 High 2198.55 Low 2177.82 Close 2185.03 S&P500 Open 1109.03 High 1115.58 Low 1105.29 Close 1109.24 November Challenger Job Cuts released a lower release than last release. November ADP Employment Report released a better release than last release, but still in negative reading. 27 November Crude Inventories released a higher inventories than last release. November Fed Beige Book released that U.S. economy is improving modestly with little upward pressure on wages and finished goods despite commodity price gains. Commercial real estate and construction ran counter to the trend of moderate pickup.While jobs markets remained weak but were stabilizing and showing improvement. The Fed held benchmark interest rates at close to zero and promised to keep rates low to support a weak recovery likely to be held back by persistently high unemployment. DJIA moved testing resistance at 10535...
Read more

Citigroup Q1 better than estimate, oil getting higher

Image
Global Market Citigroup Inc. posted a $5.11 billion loss, less than analysts' estimates, and cut 9,000 jobs, it sending their shares higher and sparking a rally in U.S. stocks and the dollar. Citigroup reported $16 billion of writedowns and increased loan reserves as customers fell behind on home, car and credit-card payments. Their net loss of $1.02 a share compared with an estimate of $1.66 by analyst. Citigroup climbed $1.08 to $25.11. The Standard & Poor's 500 Index rose 1.8 percent and the dollar gained against the euro. Revenue fell to $13.2 billion, compared with analyst estimate of $11.1 billion. While the writedowns stuck their trading and investment-banking division revenue climbed in both the consumer and wealth-management businesses. The company benefited from a $633 million gain on its stake in Visa Inc., which make an initial stock offering and a $663 million gain on the sale of shares in Redecard SA. Citigroup set about $1.8 billion as reserves for bad consu...
Read more

US Market at 24 March 2010

Image
Market at 24 March 2010 DJIA Open 10887.62 High 10887.84 Low 10825.42 Close 10836.15 NASDAQ Open 2406.55 High 2408.64 Low 2396.92 Close 2398.76 S&P500 Open 1172.70 High 1173.04 Low 1166.01 Close 1167.72 February Durable Orders released a lower order than last release, while February Durable Orders ex Auto released a higher order than last release. February New Home Sales released a lower sales than last release. 20 March Crude Inventories released a higher inventories than last release. 24 March 2010 before market open, LEN released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved in trading range between support at 10815 and resistance at 10925 then closed at 10836.15. NASDAQ moved in trading range between support at 2380 and resistance at 2410 then closed at 2398.76. S&P500 moved in trading range between support at 1165 and resistance at 1175 then closed at 1167.72. Market at 25 March 2010 DJIA Supp...
Read more