US Market at 2 February 2010


Market at 2 February 2010
DJIA
Open 10186.13 High 10314.84 Low 10173.59 Close 10296.85
NASDAQ
Open 2174.67 High 2193.66 Low 2161.47 Close 2190.06
S&P500
Open 1090.05 High 1104.73 Low 1087.96 Close 1103.32

December Pending Home Sales released a better sales than last release and beated analyst estimation.
January Auto Sales and January Truck Sales also released a better sales than last release.

2 February 2010 before market open, DOW and UPS released their earning report.
UPS released their earning better than analyst estimation but lower than last year release, while DOW released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing support at 10150 and moved up passed by resistance at 10270 then closed at 10296.85.
NASDAQ moved testing support at 2160 and moved up passed by resistance at 2185 then closed at 2190.06.
S&P500 moved testing support at 1085 and moved up passed by resistance at 1100 then closed at 1103.32.

Market at 3 February 2010
DJIA
Support at 10210, if this support break, DJI will move to 10120.
Resistance at 10350, if this resistance break, DJI will move to 10405.
NASDAQ
Support at 2170, if this support break, NASDAQ will move to 2150.
Resistance at 2200, if this resistance break, NASDAQ will move to 2215.
S&P500
Support at 1090, if this support break, S&P500 will move to 1080.
Resistance at 1110, if this resistance break, S&P500 will move to 1115.

Economic Data Release at 3 February 2010.
  • January Challenger Job Cuts will be release at 07.30 ET.
  • January ADP Employment Change will be release at 08.15 ET. Analyst estimate a better release than last release.
  • January ISM Services will be release at 10.00 ET. Analyst estimate a better release than last release.
  • 29 January Crude Inventories will be release at 10.00 ET.
Earning Report
2 February 2010 after market closed, FISV, TSO and VRSN released their earning report.
TSO released a lower earning than last year release and missed analyst estimation.
FISV released their earning higher than last year earning and meet analyst estimation.
VRSN released their earning higher than last year earning but missed analyst estimation.

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