US Market at 9 April 2010


Market at 9 April 2010
DJIA
Open 10926.92 High 11000.98 Low 10926.92 Close 10997.35
NASDAQ
Open 2440.41 High 2454.12 Low 2432.93 Close 2454.05
S&P500
Open 1187.47 High 1194.66 Low 1187.15 Close 1194.37

February Wholesale Inventories released a better release than last release.

DJIA moved testing support at 10905 and moved up held by resistance at 11010 then closed at 10997.35.
NASDAQ moved testing support at 2430 and moved up held by resistance at 2455 then closed at 2454.05.
S&P500 moved testing support at 1185 and moved up held by resistance at 1195 then closed at 1194.37.

Market at 12 April 2010
DJIA
Support at 10950, if this support break, DJI will move to 10900.
Resistance at 11025, if this resistance break, DJI will move to 11050.
NASDAQ
Support at 2440, if this support break, NASDAQ will move to 2425.
Resistance at 2460, if this resistance break, NASDAQ will move to 2470.
S&P500
Support at 1190, if this support break, S&P500 will move to 1185.
Resistance at 1195, if this resistance break, S&P500 will move to 1200.

Economic Data Release at 12 April 2010.
  • March Treasury Budget will be release at 14.00 ET. Analyst estimate a better release than last release.
Earning Report
There are no earning might affect today market movement.

Comments

Post a Comment

Popular posts from this blog

US Market at 2 Desember 2009

Image
Market at 2 December 2009 DJIA Open 10470.44 High 10513.52 Low 10421.47 Close 10452.68 NASDAQ Open 2178.80 High 2198.55 Low 2177.82 Close 2185.03 S&P500 Open 1109.03 High 1115.58 Low 1105.29 Close 1109.24 November Challenger Job Cuts released a lower release than last release. November ADP Employment Report released a better release than last release, but still in negative reading. 27 November Crude Inventories released a higher inventories than last release. November Fed Beige Book released that U.S. economy is improving modestly with little upward pressure on wages and finished goods despite commodity price gains. Commercial real estate and construction ran counter to the trend of moderate pickup.While jobs markets remained weak but were stabilizing and showing improvement. The Fed held benchmark interest rates at close to zero and promised to keep rates low to support a weak recovery likely to be held back by persistently high unemployment. DJIA moved testing resistance at 10535...
Read more

Citigroup Q1 better than estimate, oil getting higher

Image
Global Market Citigroup Inc. posted a $5.11 billion loss, less than analysts' estimates, and cut 9,000 jobs, it sending their shares higher and sparking a rally in U.S. stocks and the dollar. Citigroup reported $16 billion of writedowns and increased loan reserves as customers fell behind on home, car and credit-card payments. Their net loss of $1.02 a share compared with an estimate of $1.66 by analyst. Citigroup climbed $1.08 to $25.11. The Standard & Poor's 500 Index rose 1.8 percent and the dollar gained against the euro. Revenue fell to $13.2 billion, compared with analyst estimate of $11.1 billion. While the writedowns stuck their trading and investment-banking division revenue climbed in both the consumer and wealth-management businesses. The company benefited from a $633 million gain on its stake in Visa Inc., which make an initial stock offering and a $663 million gain on the sale of shares in Redecard SA. Citigroup set about $1.8 billion as reserves for bad consu...
Read more

US Market at 24 March 2010

Image
Market at 24 March 2010 DJIA Open 10887.62 High 10887.84 Low 10825.42 Close 10836.15 NASDAQ Open 2406.55 High 2408.64 Low 2396.92 Close 2398.76 S&P500 Open 1172.70 High 1173.04 Low 1166.01 Close 1167.72 February Durable Orders released a lower order than last release, while February Durable Orders ex Auto released a higher order than last release. February New Home Sales released a lower sales than last release. 20 March Crude Inventories released a higher inventories than last release. 24 March 2010 before market open, LEN released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved in trading range between support at 10815 and resistance at 10925 then closed at 10836.15. NASDAQ moved in trading range between support at 2380 and resistance at 2410 then closed at 2398.76. S&P500 moved in trading range between support at 1165 and resistance at 1175 then closed at 1167.72. Market at 25 March 2010 DJIA Supp...
Read more