US Market at 5 November 2009


Market at 5 November 2009
DJIA
Open 9807.80 High 10013.07 Low 9807.80 Close 10005.96
NASDAQ
Open 2079.78 High 2105.32 Low 2075.61 Close 2105.32
S&P500
Open 1047.30 High 1066.65 Low 1047.30 Close 1066.63

24 October Continuing Claims and 30 October Initial Claims released a lower claims than last release.
Q3 Productivity-Prel released a better release than last release.

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.
CAH and MGM released their earning better than analyst estimation but lower than last year release, while CNQ released a lower earning than last year release and missed analyst estimation.

DJIA moved up passed resistance at 9995 then closed at 10005.96.
NASDAQ moved up passed resistance at 2090 then closed at 2105.32.
S&P500 moved up passed resistance at 1065 then closed at 1066.63.

Market at 6 November 2009
DJIA
Support at 9870, if this support break, DJI will move to 9735.
Resistance at 10075, if this resistance break, DJI will move to 10145.
NASDAQ
Support at 2085, if this support break, NASDAQ will move to 2065.
Resistance at 2115, if this resistance break, NASDAQ will move to 2125.
S&P500
Support at 1055, if this support break, S&P500 will move to 1040.
Resistance at 1075, if this resistance break, S&P500 will move to 1080.

Economic Data Release at 6 November 2009.
  • October Nonfarm Payrolls and October Unemployment Rate will be release at 08.30 ET. Analyst estimate a better release than last release.
  • October Average Workweek and October Hourly Earnings will be release at 08.30 ET. Analyst estimate that release will hold at steady level as last release.
  • September Wholesale Inventories will be release at 10.00 ET. Analyst estimate a better release than last release.
  • September Consumer Credit will be release at 14.00 ET. Analyst estimate a better release than last release, but still in negative reading.
Earning Report
5 November after market closed, ATVI, CBS, EOG, NVDA, SBUX and VRSN released their earning report.
SBUX and VRSN released their earning higher than last year earning and better than analyst estimation, while other released their earning better than analyst estimation but lower than last year release.
6 November before market open, AIG will release their earning report.
Analyst estimate their earning release is higher than last year release.

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