US Market at 7 January 2010


Market at 7 January 2010
DJIA
Open 10571.11 High 10612.37 Low 10505.21 Close 10606.86
NASDAQ
Open 2298.92 High 2301.30 Low 2285.22 Close 2300.05
S&P500
Open 1136.27 High 1142.46 Low 1131.32 Close 1141.69

26 December Continuing Claims and 2 January Initial Claims released a lower claims than last release.

7 January 2010 before market open, LEN released their earning report. They released their earning better than analyst estimation but lower than last year release.

DJIA moved testing support at 10525 and moved up held by resistance at 10620 then closed at 10606.86.
NASDAQ moved testing support at 2285 and moved up held by resistance at 3305 then closed at 2300.05.
S&P500 moved testing support at 1130 and moved up held by resistance at 1145 then closed at 1141.69.

Market at 8 January 2010
DJIA
Support at 10535, if this support break, DJI will move to 10465.
Resistance at 10645, if this resistance break, DJI will move to 10680.
NASDAQ
Support at 2290, if this support break, NASDAQ will move to 2280.
Resistance at 2305, if this resistance break, NASDAQ will move to 2310.
S&P500
Support at 1135, if this support break, S&P500 will move to 1125.
Resistance at 1145, if this resistance break, S&P500 will move to 1150.

Economic Data Release at 8 January 2010.
  • December Hourly Earnings and December Average Workweek will be release at 08.30 ET. Analyst estimate that release will hold at steady level as last release.
  • December Nonfarm Payrolls will be release at 08.30 ET. Analyst estimate a lower release than last release.
  • December Unemployment Rate will be release at 08.30 ET. Analyst estimate that release will hold at steady level as last release.
  • November Wholesale Inventories will be release at 10.00 ET. Analyst estimate a lower release than last release.
  • November Consumer Credit will be release at 15.00 ET. Analyst estimate a lower release than last release.
Earning Report
7 January 2010 after market closed, APOL and SCHN released their earning report. They released their earning higher than last year earning and better than analyst estimation.

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