US Market at 4 November 2009


Market at 4 November 2009
DJIA
Open 9767.30 High 9928.04 Low 9767.14 Close 9802.14
NASDAQ
Open 2069.22 High 2081.10 Low 2053.00 Close 2055.52
S&P500
Open 1047.14 High 1061.00 Low 1045.15 Close 1046.50

October Challenger Job Cuts released a higher cuts than last release.
October ADP Employment Report released a better release than last release, but still in negative reading.
October ISM Services released at steady level as last release.
30 October Crude Inventories released a lower inventories than last month release.
4 November FOMC Rate Decision released to keep interest rates unchanged and reported that economic activity has continued to pick up.

4 November before market open, AGU, DVN, TWX and RIG released their earning report.
AGU, DVN and RIG released a lower earning than last year release, DVN released a better than analyst estimation, RIG missed analyst estimation, while AGU meet analyst estimation.
TWX released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing resistance at 9840 and moved down held by support at 9755 then closed at 9802.14.
NASDAQ moved testing resistance at 2075 and moved down held by support at 2050 then closed at 2055.52.
S&P500 moved testing resistance at 1055 and moved down held by support at 1040 then closed at 1046.50.

Market at 5 November 2009
DJIA
Support at 9735, if this support break, DJI will move to 9670.
Resistance at 9895, if this resistance break, DJI will move to 9995.
NASDAQ
Support at 2045, if this support break, NASDAQ will move to 2035.
Resistance at 2075, if this resistance break, NASDAQ will move to 2090.
S&P500
Support at 1040, if this support break, S&P500 will move to 1035.
Resistance at 1055, if this resistance break, S&P500 will move to 1065.

Economic Data Release at 5 November 2009.
  • 24 October Continuing Claims and 30 October Initial Claims will be release at 08.30 ET. Analyst estimate a better release than last release.
  • Q3 Productivity-Prel will be release at 08.30 ET. Analyst estimate that release will hold at steady level as last release.
Earning Report
4 November after market closed, CSCO, QCOM and WFMI released their earning report.
CSCO and QCOM released a lower earning than last year release, QCOM missed analyst estimation, while CSCO released a better than analyst estimation.
WFMI released their earning higher than last year earning and better than analyst estimation.
5 November before market open, CNQ, CAH and MGM will release their earning report. Analyst estimate their earning release is lower than last year release.

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