US Market at 23 February 2010


Market at 23 February 2010
DJIA
Open 10383.16 High 10411.12 Low 10267.83 Close 10282.41
NASDAQ
Open 2237.63 High 2239.80 Low 2205.70 Close 2213.44
S&P500
Open 1107.49 High 1108.58 Low 1092.18 Close 1094.60

December Case-Shiller 20-city Index released a better release than last release, but still in negative reading, while February Consumer Confidence released a lower release than last release.

23 February 2010 before market open, HD, M, SHLD and TGT released their earning report. They released their earning higher than last year earning and better than analyst estimation.

DJIA moved down passed support at 10330 then closed at 10282.41.
NASDAQ moved down passed support at 2225 then closed at 2213.44.
S&P500 moved down passed support at 1100 then closed at 1094.60.

Market at 24 February 2010
DJIA
Support at 10230, if this support break, DJI will move to 10175.
Resistance at 10375, if this resistance break, DJI will move to 10465.
NASDAQ
Support at 2200, if this support break, NASDAQ will move to 2185.
Resistance at 2235, if this resistance break, NASDAQ will move to 2255.
S&P500
Support at 1090, if this support break, S&P500 will move to 1080.
Resistance at 1105, if this resistance break, S&P500 will move to 1115.

Economic Data Release at 24 February 2010.
  • January New Home Sales will be release at 10.00 ET. Analyst estimate a better release than last release.
  • 19 February Crude Inventories will be release at 10.30 ET.
Earning Report
23 February 2010 after market closed, ADSK released their earning report. They released their earning better than analyst estimation but lower than last year release.
24 February 2010 before market open, RIG and TOL will release their earning report.
Analyst estimate RIG might release their earning lower than last year release, while TOL might release higher than last year release.

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