US Market at 24 November 2009


Market at 24 November 2009
DJIA
Open 10451.25 High 10453.97 Low 10359.58 Close 10433.71
NASDAQ
Open 2176.67 High 2175.15 Low 2155.22 Close 2169.18
S&P500
Open 1105.83 High 1108.56 Low 1097.63 Close 1105.65

Q3 GDP - Second Estimate and Q3 GDP Deflator - Second Estimate released a lower release than last release.
September Case Shiller 20 City Index released higher release than last release.
November Consumer Confidence and September FHFA Home Price Index released a better release than last release.
4 November FOMC Minutes offer only a few hints of the growing disagreement among the FOMC member. They reiterated to leave rates at low levels for an "extended period." Some members feared that it might lead to excessive risk-taking in financial markets or an unanchoring of inflation expectations.The minutes include updates to all the FOMC's forecasts, that GDP growth is expected to accelerate while unemployment remains high.

DJIA moved testing support at 10350 and moved up held by resistance at 10440 then closed at 10433.71.
NASDAQ moved testing support at 2155 and moved up held by resistance at 2175 then closed at 2169.18.
S&P500 moved testing support at 1095 and moved up held by resistance at 1110 then closed at 1105.65.

Market at 25 November 2009
DJIA
Support at 10375, if this support break, DJI will move to 10320.
Resistance at 10470, if this resistance break, DJI will move to 10510.
NASDAQ
Support at 2155, if this support break, NASDAQ will move to 2145.
Resistance at 2175, if this resistance break, NASDAQ will move to 2185.
S&P500
Support at 1100, if this support break, S&P500 will move to 1095.
Resistance at 1110, if this resistance break, S&P500 will move to 1115.

Economic Data Release at 25 November 2009.
  • October Personal Income and October Personal Spending will be release at 08.30 ET. Analyst estimate a better release than last release.
  • October PCE Prices and October PCE Prices - Core will be release at 08.30 ET. Analyst estimate a better release than last release.
  • 14 November Continuing Claims and 21 November Initial Claims will be release at 08.30 ET. Analyst estimate a lower claims than last release.
  • October Durable Orders and October Durable Orders ex Transportation will be release at 08.30 ET.
  • November Mich Sentiment-Rev will be release at 09.55 ET. Analyst estimate a better release than last release.
  • October New Home Sales will be release at 10.00 ET. Analyst estimate a better release than last release.
  • 20 November Crude Inventories will be release at 10.30 ET.
Earning Report
25 November before market open, DE and TIF will release their earning report. Analyst estimate their earning release is lower than last year release.

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