In this paper we use the double affine Hecke algebra to compute the Macdonald polynomial products $E_\ell P_m$ and $P_\ell P_m$ for type $SL_2$ and type $GL_2$ Macdonald polynomials. Our method follows the ideas of Martha Yip but executes a compression to reduce the sum from $2\cdot 3^{\ell-1}$ signed terms to $2\ell$ positive terms. We show that our rule for $P_\ell P_m$ is equivalent to a special case of the Pieri rule of Macdonald. Our method shows that computing $E_\ell\mathbf{1}_0$ and $\mathbf{1}_0 E_\ell \mathbf{1}_0$ in terms of a special basis of the double affine Hecke algebra provides universal compressed formulas for multiplication by $E_\ell$ and $P_\ell$. The formulas for a specific products $E_\ell P_m$ and $P_\ell P_m$ are obtained by evaluating the universal formulas at $t^{-\frac12}q^{-\frac{m}{2}}$.