Money Market News

Market at 30 December 2009 DJIA Open 10544.36 High 10550.70 Low 10505.66 Close 10548.51 NASDAQ Open 2279.00 High 2293.02 Low 2280.16 Close 2291.28 S&P500 Open 1125.53 High 1126.42 Low 1121.94 Close 1126.42 December Chicago PMI released a higher release than last release. 25 December Crude Inventories released a lower decrease on inventories than last release. DJIA moved testing resistance at 10550 and moved down held by support at 10520 then closed at 10548.51. NASDAQ moved testing resistance at 2295 and moved down held by support at 2280 then closed at 2291.28. S&P500 moved testing resistance at 1125 and moved down held by support at 1120 then closed at 1126.42. Market at 31 December 2009 DJIA Support at 10520, if this support break, DJI will move to 10490. Resistance at 10565, if this resistance break, DJI will move to 10580. NASDAQ Support at 2285, if this support break, NASDAQ will move to 2275. Resistance at 2295, if this resistance break, NASDAQ will move to 2300. S&P...

Market at 29 December 2009 DJIA Open 10547.83 High 10580.33 Low 10544.28 Close 10545.41 NASDAQ Open 2295.61 High 2294.75 Low 2286.57 Close 2288.40 S&P500 Open 1128.55 High 1130.38 Low 1126.08 Close 1126.20 October CaseShiller 20 City released a better release than last release, but still in negative reading, while December Consumer Confidence also released a better release than last release. DJIA moved testing resistance at 10580 and moved down held by support at 10535 then closed at 10545.41. NASDAQ moved testing resistance at 2295 and moved down held by support at 2285 then closed at 2288.40. S&P500 moved testing resistance at 1130 and moved down held by support at 1125 then closed at 1126.20. Market at 30 December 2009 DJIA Support at 10535, if this support break, DJI will move to 10520. Resistance at 10570, if this resistance break, DJI will move to 10590. NASDAQ Support at 2285, if this support break, NASDAQ will move to 2280. Resistance at 2295, if this resistance break, ...

Market at 28 December 2009 DJIA Open 10517.91 High 10551.61 Low 10506.34 Close 10547.08 NASDAQ Open 2290.92 High 2295.80 Low 2280.56 Close 2291.08 S&P500 Open 1127.53 High 1130.38 Low 1123.51 Close 1127.78 DJIA moved testing resistance at 10560 and moved down held by support at 10500 then closed at 10547.08. NASDAQ moved testing resistance at 2285 and moved down held by support at 2280 then closed at 2291.08. S&P500 moved testing resistance at 1130 and moved down held by support at 1125 then closed at 1127.78. Market at 29 December 2009 DJIA Support at 10520, if this support break, DJI will move to 10490. Resistance at 10565, if this resistance break, DJI will move to 10580. NASDAQ Support at 2280, if this support break, NASDAQ will move to 2275. Resistance at 2295, if this resistance break, NASDAQ will move to 2305. S&P500 Support at 1125, if this support break, S&P500 will move to 1120. Resistance at 1130, if this resistance break, S&P500 will move to 1135. Econom...

Market at 24 December 2009 DJIA Open 10467.12 High 10522.06 Low 10461.68 Close 10520.10 NASDAQ Open 2273.51 High 2285.89 Low 2273.40 Close 2285.69 S&P500 Open 1121.08 High 1126.48 Low 1121.08 Close 1126.48 12 December Continuing Claims and 19 December Initial Claims released a lower claims than last release. November Durable Goods Orders and November Durable Goods Orders ex Auto released a better release than last release. DJIA moved testing resistance at 10520 then closed at 10520.10. NASDAQ moved testing resistance at 2285 then closed at 2285.69. S&P500 moved testing resistance at 1125 then closed at 1126.48. Market at 28 December 2009 DJIA Support at 10480, if this support break, DJI will move to 10440. Resistance at 10540, if this resistance break, DJI will move to 10560. NASDAQ Support at 2275, if this support break, NASDAQ will move to 2270. Resistance at 2290, if this resistance break, NASDAQ will move to 2295. S&P500 Support at 1125, if this support break, S&P50...

Market at 23 December 2009 DJIA Open 10464.32 High 10492.06 Low 10437.80 Close 10466.44 NASDAQ Open 2257.17 High 2271.33 Low 2253.67 Close 2269.64 S&P500 Open 1118.84 High 1121.58 Low 1116.00 Close 1120.59 November Personal Income released a better release than last release, while November Personal Spending released a lower spending. November PCE Prices released a higher release than last release and November PCE Prices - Core released lower than last release. December Mich Sentiment-Rev and November New Home Sales released a lower release than last release. 18 December Crude Inventories released a lower inventories than last release. DJIA moved testing support at 10425 and moved up held by resistance at 10490 then closed at 10466.44. NASDAQ moved testing support at 2250 and moved up passed resistance at 2260 then closed at 2269.64. S&P500 moved testing support at 1115 and moved up held by resistance at 1120 then closed at 1120.59. Market at 24 December 2009 DJIA Support at 104...

Market at 22 December 2009 DJIA Open 10414.67 High 10479.82 Low 10414.59 Close 10464.93 NASDAQ Open 2243.22 High 2253.73 Low 2241.33 Close 2252.67 S&P500 Open 1114.51 High 1120.27 Low 1114.51 Close 1118.02 Q3 GDP - Third Estimate and Q3 GDP Prices - Third Estimate released a lower release than last release. November Existing Home Sales released a higher sales than last release. DJIA moved in trading range between resistance at 10470 and support at 10400 then closed at 10464.93. NASDAQ moved in trading range between resistance at 2255 and support at 2235 then closed at 2252.67. S&P500 moved in trading range between resistance at 1120 and support at 1110 then closed at 1118.02. Market at 23 December 2009 DJIA Support at 10425, if this support break, DJI will move to 10385. Resistance at 10490, if this resistance break, DJI will move to 10520. NASDAQ Support at 2245, if this support break, NASDAQ will move to 2235. Resistance at 2255, if this resistance break, NASDAQ will move to ...

Market at 21 December 2009 DJIA Open 10330.10 High 10458.05 Low 10329.80 Close 10414.14 NASDAQ Open 2222.56 High 2242.22 Low 2224.04 Close 2237.66 S&P500 Open 1105.31 High 1117.68 Low 1105.31 Close 1114.05 DJIA moved up and held by resistance at 10430 then closed at 10414.14. NASDAQ moved up and passed resistance at 2225 then closed at 2237.66. S&P500 moved up and passed resistance at 1110 then closed at 1114.05. Market at 22 December 2009 DJIA Support at 10345, if this support break, DJI will move to 10275. Resistance at 10470, if this resistance break, DJI will move to 10530. NASDAQ Support at 2225, if this support break, NASDAQ will move to 2215. Resistance at 2245, if this resistance break, NASDAQ will move to 2255. S&P500 Support at 1105, if this support break, S&P500 will move to 1100. Resistance at 1120, if this resistance break, S&P500 will move to 1125. Economic Data Release at 22 December 2009. Q3 GDP - Third Estimate and Q3 GDP Prices - Third Estimate wil...

Market at 18 December 2009 DJIA Open 10309.39 High 10372.35 Low 10263.90 Close 10328.89 NASDAQ Open 2198.77 High 2213.18 Low 2190.69 Close 2211.69 S&P500 Open 1097.86 High 1103.74 Low 1093.88 Close 1102.47 DJIA moved testing support at 10265 and moved up held by resistance at 10395 then closed at 10328.89. NASDAQ moved testing support at 2185 and moved up passed resistance at 2205 then closed at 2211.69. S&P500 moved testing support at 1095 and moved up held by resistance at 1105 then closed at 1102.47. Market at 21 December 2009 DJIA Support at 10270, if this support break, DJI will move to 10215. Resistance at 10380, if this resistance break, DJI will move to 10430. NASDAQ Support at 2195, if this support break, NASDAQ will move to 2180. Resistance at 2220, if this resistance break, NASDAQ will move to 2230. S&P500 Support at 1095, if this support break, S&P500 will move to 1090. Resistance at 1105, if this resistance break, S&P500 will move to 1110. Economic Data...

Market at 17 December 2009 DJIA Open 10439.99 High 10440.06 Low 10307.96 Close 10308.26 NASDAQ Open 2196.61 High 2198.51 Low 2178.05 Close 2180.05 S&P500 Open 1106.36 High 1106.36 Low 1095.88 Close 1096.08 5 December Continuing Claims and 12 December Initial Claims released a higher claims than last release. November Leading Indicators and December Philadelphia Fed released a better release than last release. 17 December before market open, FDX released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved testing resistance at 10460 and moved down passed support at 10375 then closed at 10308.26. NASDAQ testing resistance at 2200 and moved down passed support at 2195 then closed at 2180.05. S&P500 testing resistance at 1105 and moved down passed support at 1100 then closed at 1096.08. Market at 18 December 2009 DJIA Support at 10265, if this support break, DJI will move to 10220. Resistance at 10395, if th...

Market at 16 December 2009 DJIA Open 10449.81 High 10509.97 Low 10427.59 Close 10441.12 NASDAQ Open 2209.64 High 2220.46 Low 2203.33 Close 2206.91 S&P500 Open 1108.61 High 1116.21 Low 1107.96 Close 1109.18 November Building Permits and November Housing Starts released a better release than last release. November Core CPI a lower release than last release, while November CPI released higher than last release. Q3 Current Account Balance released a higher deficit than last release. 11 December Crude Inventories released a lower inventories than last release. 16 December FOMC Rate Decision keep the interest rate at 0.25% while some analyst led to speculation about a faster path to higher interest rates. 16 December before market open, JOYG released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved testing resistance at 10490 and moved down held by support at 10420 then closed at 10441.12. NASDAQ moved testing ...

Market at 15 December 2009 DJIA Open 10499.31 High 10499.31 Low 10426.69 Close 10452.00 NASDAQ Open 2202.28 High 2217.63 Low 2197.76 Close 2201.05 S&P500 Open 1114.11 High 1114.11 Low 1105.35 Close 1107.93 November Core PPI and November PPI released a higher release than last release. December Empire Manufacturing and October Net Long-term TIC Flows released a lower release than last release. November Capacity Utilization and November Industrial Utilization released a better release than last release. 15 December before market open, BBY released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved testing resistance at 10495 and moved down held by support at 10450 then closed at 10452.00. NASDAQ moved testing resistance at 2220 and moved down held by support at 2200 then closed at 2201.05. S&P500 moved testing resistance at 1115 and moved down held by support at 1105 then closed at 1107.93. Market at 16 D...

Market at 14 December 2009 DJIA Open 10471.28 High 10514.66 Low 10471.28 Close 10501.05 NASDAQ Open 2202.14 High 2212.56 Low 2193.20 Close 2212.10 S&P500 Open 1107.84 High 1114.76 Low 1107.84 Close 1114.11 DJIA moved testing support at 10450 and moved up held by resistance at 10535 then closed at 10501.05. NASDAQ moved testing support at 2190 and moved up held by resistance at 2215 then closed at 2212.10. S&P500 moved testing support at 1105 and moved up held by resistance at 1115 then closed at 1114.11. Market at 15 December 2009 DJIA Support at 10475, if this support break, DJI will move to 10450. Resistance at 10520, if this resistance break, DJI will move to 10540. NASDAQ Support at 2200, if this support break, NASDAQ will move to 2185. Resistance at 2215, if this resistance break, NASDAQ will move to 2225. S&P500 Support at 1110, if this support break, S&P500 will move to 1105. Resistance at 1115, if this resistance break, S&P500 will move to 1120. Economic Da...

Market at 11 December 2009 DJIA Open 10403.41 High 10484.05 Low 10400.08 Close 10471.50 NASDAQ Open 2200.59 High 2202.40 Low 2179.51 Close 2190.31 S&P500 Open 1103.96 High 1108.50 Low 1101.34 Close 1106.41 November Export Prices ex-ag. and November Import Prices ex-oil released a better release than last release. November Retail Sales and November Retail Sales ex-auto released a higher sales than last release. December Mich Sentiment-Prel and October Business Inventories release a better release than last release. DJIA moved testing support at 10395 and moved up held by resistance at 10505 then closed at 10471.50. NASDAQ moved testing support at 2175 and moved up held by resistance at 2210 then closed at 2190.31. S&P500 moved testing support at 1100 and moved up held by resistance at 1110 then closed at 1106.41. Market at 14 December 2009 DJIA Support at 10420, if this support break, DJI will move to 10365. Resistance at 10505, if this resistance break, DJI will move to 10535. ...

Market at 10 December 2009 DJIA Open 10336.00 High 10444.60 Low 10335.77 Close 10405.83 NASDAQ Open 2192.78 High 2202.84 Low 2187.08 Close 2190.86 S&P500 Open 1098.69 High 1106.25 Low 1098.69 Close 1102.35 4 December Continuing Claims released a lower claims than last month release while 5 December Initial Claims released a higher claims. October Trade Balance and November Treasury Budget released a lower deficit than last release. DJIA moved testing resistance at 10410 and moved down held by support at 10305 then closed at 10405.83. NASDAQ moved testing resistance at 2205 and moved down held by support at 2175 then closed at 2190.86. S&P500 moved testing resistance at 1105 and moved down held by support at 1100 then closed at 1102.35. Market at 11 December 2009 DJIA Support at 10345, if this support break, DJI will move to 10285. Resistance at 10455, if this resistance break, DJI will move to 10505. NASDAQ Support at 2185, if this support break, NASDAQ will move to 2175. Resis...

Market at 9 December 2009 DJIA Open 10282.85 High 10342.27 Low 10235.63 Close 10337.05 NASDAQ Open 2171.32 High 2185.70 Low 2155.96 Close 2183.73 S&P500 Open 1091.07 High 1097.04 Low 1085.89 Close 1095.95 October Wholesale Inventories released a better release than last release. 4 December Crude Inventories released a lower inventories than last week release. DJIA moved testing support at 10230 and moved up held by resistance at 10365 then closed at 10337.05. NASDAQ moved testing support at 2160 and moved up held by resistance at 2185 then closed at 2183.73. S&P500 moved testing support at 1085 and moved up held by resistance at 1100 then closed at 1095.95. Market at 10 December 2009 DJIA Support at 10265, if this support break, DJI will move to 10200. Resistance at 10375, if this resistance break, DJI will move to 10410. NASDAQ Support at 2165, if this support break, NASDAQ will move to 2145. Resistance at 2195, if this resistance break, NASDAQ will move to 2205. S&P500 Su...

Market at 8 December 2009 DJIA Open 10385.42 High 10385.65 Low 10249.84 Close 10285.97 NASDAQ Open 2174.29 High 2187.19 Low 2160.43 Close 2172.99 S&P500 Open 1103.04 High 1103.04 Low 1088.61 Close 1091.94 8 December before market open, AZO released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved testing resistance at 10395 and moved down passed support at 10315 then closed at 10285.97. NASDAQ moved testing resistance at 2190 and moved down passed support at 2175 then closed at 2172.99. S&P500 moved testing resistance at 1105 and moved down passed support at 1095 then closed at 1091.94. Market at 9 December 2009 DJIA Support at 10230, if this support break, DJI will move to 10170. Resistance at 10365, if this resistance break, DJI will move to 10440. NASDAQ Support at 2160, if this support break, NASDAQ will move to 2145. Resistance at 2185, if this resistance break, NASDAQ will move to 2200. S&P5...

Market at 7 December 2009 DJIA Open 10386.86 High 10443.16 Low 10360.18 Close 10390.11 NASDAQ Open 2189.87 High 2201.42 Low 2183.13 Close 2189.61 S&P500 Open 1105.52 High 1110.72 Low 1100.83 Close 1103.25 October Consumer Credit released a higher credit than last release, but still in negative reading. DJIA moved in trading range between resistance at 10500 and support at 10295 then closed at 10390.11. NASDAQ moved in trading range between resistance at 2215 and support at 2170 then closed at 2189.61. S&P500 moved in trading range between resistance at 1095 and support at 1015 then closed at 1103.25. Market at 8 December 2009 DJIA Support at 10350, if this support break, DJI will move to 10315. Resistance at 10435, if this resistance break, DJI will move to 10480. NASDAQ Support at 2180, if this support break, NASDAQ will move to 2175. Resistance at 2200, if this resistance break, NASDAQ will move to 2210. S&P500 Support at 1100, if this support break, S&P500 will move ...

Market at 4 December 2009 DJIA Open 10368.57 High 10516.70 Low 10311.81 Close 10388.90 NASDAQ Open 2200.83 High 2214.39 Low 2169.66 Close 2194.35 S&P500 Open 1100.43 High 1119.13 Low 1096.52 Close 1105.98 November Nonfarm Payrolls released a higher payrolls than last release, but still in negative reading, while November Unemployment Rate released a better release than last release. November Average Workweek and November Hourly Earnings released at steady level as last release. October Factory Orders released a lower orders than last release. DJIA moved testing resistance at 10565 and moved down held by support at 10310 then closed at 10388.90. NASDAQ moved testing resistance at 2215 and moved down held by support at 2160 then closed at 2194.35. S&P500 moved testing resistance at 1125 and moved down held by support at 1095 then closed at 1105.98. Market at 5 December 2009 DJIA Support at 10295, if this support break, DJI will move to 10200. Resistance at 10500, if this resistan...

Market at 3 December 2009 DJIA Open 10455.63 High 10507.63 Low 10350.05 Close 10366.15 NASDAQ Open 2191.94 High 2203.75 Low 2172.04 Close 2173.14 S&P500 Open 1110.59 High 1117.28 Low 1098.74 Close 1099.92 21 November Continuing Claims released a higher claims than last release, while 28 November Initial Claims released lower than last release. Q3 Productivity-Rev. and Q3 Employment Cost Index released a lower release than last release. November ISM Services released a lower release than last release. 3 December before market open, TOL released their earning report. They released a lower earning than last year release and missed analyst estimation. DJIA moved testing resistance at 10505 and moved down passed support at 10370 then closed at 10366.15. NASDAQ moved testing resistance at 2205 and moved down passed support at 2175 then closed at 2173.14. S&P500 moved testing resistance at 1120 and moved down passed support at 1100 then closed at 1099.92. Market at 4 December 2009 DJI...

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...

Market at 1 December 2009 DJIA Open 10343.82 High 10501.28 Low 10343.44 Close 10471.58 NASDAQ Open 2162.23 High 2182.24 Low 2162.23 Close 2175.81 S&P500 Open 1098.89 High 1112.28 Low 1098.89 Close 1108.86 October Construction Spending released a higher spending than last release, while October Pending Home Sales released a lower sales than last release. November ISM Index released a lower release than last release. November Auto Sales and November Truck Sales released a lower sales than last release. DJIA moved passed resistance at 10425 then closed at 10471.58. NASDAQ moved passed resistance at 2165 then closed at 2175.81. S&P500 moved passed resistance at 1105 then closed at 1108.86. Market at 2 December 2009 DJIA Support at 10375, if this support break, DJI will move to 10280. Resistance at 10535, if this resistance break, DJI will move to 10595. NASDAQ Support at 2165, if this support break, NASDAQ will move to 2155. Resistance at 2185, if this resistance break, NASDAQ wil...