US Market at 27 January 2010


Market at 27 January 2010
DJIA
Open 10194.29 High 10255.06 Low 10104.36 Close 10236.16
NASDAQ
Open 2200.44 High 2225.67 Low 2192.59 Close 2221.41
S&P500
Open 1091.94 High 1099.51 Low 1083.11 Close 1097.50

December New Home Sales released a lower sales than last release.
22 January Crude Inventories released a lower inventories than last release.
FOMC Rate Decision released the decision to keep the target federal-funds rate for interbank lending in the range of zero to 0.25% and repeating its statement that the rate would stay at a record low for an extended period.

27 January 2010 before market open, ABT, ATI, BLK, BA, CAT, COP, GD, HES, UTX and USG released their earning report.
CAT, COP, GD and UTX released their earning better than analyst estimation but lower than last year release, while USG released a lower earning than last year release and missed analyst estimation.
ABT, ATI, BLK, BA and HES released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing support at 10080 and moved up held by resistance at 10265 then closed at 10236.16.
NASDAQ moved testing support at 2190 and moved up held by resistance at 2220 then closed at 2221.41.
S&P500 moved testing support at 1085 and moved up held by resistance at 1100 then closed at 1097.50.

Market at 28 January 2010
DJIA
Support at 10140, if this support break, DJI will move to 10050.
Resistance at 10290, if this resistance break, DJI will move to 10350.
NASDAQ
Support at 2200, if this support break, NASDAQ will move to 2180.
Resistance at 2235, if this resistance break, NASDAQ will move to 2245.
S&P500
Support at 1085, if this support break, S&P500 will move to 1075.
Resistance at 1105, if this resistance break, S&P500 will move to 1110.

Economic Data Release at 28 January 2010.
  • 16 January Continuing Claims and 23 January Initial Claims will be release at 08.30 ET.
  • December Durable Orders and December Durable Orders ex Transportation will be release at 08.30 ET.
Earning Report
28 January 2010 before market open, MMM, MO, AEP, T, BMY, CAH, CELG, F, BEN, LLL, LMT, POT, PG and RTN will release their earning report.
Analyst estimate that AEP, T, BMY, CAH, LLL, LMT, POT and PG might release their earning is lower than last year release, while other might release their earning higher than last year release.

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