US Market at 20 January 2010


Market at 20 January 2010
DJIA
Open 10719.69 High 10719.92 Low 10517.30 Close 10603.15
NASDAQ
Open 2304.67 High 2304.47 Low 2268.68 Close 2291.25
S&P500
Open 1147.95 High 1147.95 Low 1129.25 Close 1138.04

December Housing Starts released a lower release than last release, while December Building Permits released a higher release.
December Core PPI and December PPI released a lower release than last release.

20 January 2010 before market open, BAC, JEF, MS, USB and WFC released their earning report.
USB and WFC released their earning higher than last year earning and better than analyst estimation.
JEF, BAC and MS released a lower earning than last year release, JEF posted their earning better than analyst estimation while BAC and MS missed analyst estimation.

DJIA moved testing support at 10545 then closed at 10603.15.
NASDAQ moved testing support at 2280 then closed at 2291.25.
S&P500 moved testing support at 1130 then closed at 1138.04.

Market at 21 January 2010
DJIA
Support at 10505, if this support break, DJI will move to 10410.
Resistance at 10710, if this resistance break, DJI will move to 10815.
NASDAQ
Support at 2270, if this support break, NASDAQ will move to 2250.
Resistance at 2305, if this resistance break, NASDAQ will move to 2325.
S&P500
Support at 1130, if this support break, S&P500 will move to 1120.
Resistance at 1145, if this resistance break, S&P500 will move to 1160.

Economic Data Release at 21 January 2010.
  • 9 January Continuing Claims and 16 January Initial Claims will be release at 08.30 ET. Analyst estimate a better release than last release.
  • December Leading Indicators will be release at 10.00 ET. Analyst estimate a lower release than last release.
  • January Philadelphia Fed will be release at 10.00 ET. Analyst estimate a lower release than last release.
  • 15 January Crude Inventories will be release at 11.00 ET.
Earning Report
20 January 2010 after market closed, EBAY, LOGI, STX and SBUX released their earning report. They released their earning higher than last year earning and better than analyst estimation.
21 January 2010 before market open, FCX, GS, PCP, UNP and UNH will release their earning report. Analyst estimate that FCX and GS will release their earning higher than last year release, while PCP, UNP and UNH might release their earning lower than last year release.

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