01.18.14
Top Day Recommendations
Just University of Michigan Consumer Sentiment today, then, for some, it turns into a getaway day with MLK day on Monday.
Wheat remains well bid on drought considerations. Good story on the Times today about the Mississippi and how dangerously low levels have been alleviated by engineers. Going forward the problem is lack of snowfall. Oil pricing was directly linked to the Algerian gas plant hostage situation. To some, the supply/demand situation looks tighter than previously thought. Stocks brushed up against 5½ year highs. Expect profit taking ahead of the 3 day weekend. Put some powder back into the barrels and get some rest.
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Week of January 14 - January 18 |
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Jan 15 |
08:30 |
|
Dec |
|
0.4% |
0.2% |
0.3% |
|
|
|
Jan 15 |
08:30 |
|
Dec |
|
0.5% |
0.3% |
0.0% |
|
|
|
Jan 15 |
08:30 |
|
Dec |
|
0.0% |
0.0% |
-0.8% |
|
|
|
Jan 15 |
08:30 |
|
Dec |
|
0.1% |
0.2% |
0.1% |
|
|
|
Jan 15 |
08:30 |
Empire Manufacturing |
Jan |
|
0.0 |
2.0 |
-8.1 |
|
|
|
Jan 15 |
10:00 |
|
Nov |
|
0.3% |
0.3% |
0.4% |
|
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|
|
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|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jan 16 |
07:00 |
MBA Mortgage Index |
01/12 |
|
NA |
NA |
11.7% |
|
|
Jan 16 |
08:30 |
|
Dec |
|
0.0% |
0.0% |
-0.3% |
|
|
Jan 16 |
08:30 |
|
Dec |
|
0.1% |
0.1% |
0.1% |
|
|
Jan 16 |
09:00 |
Net Long-Term TIC Flows |
Nov |
|
NA |
NA |
$1.3B |
|
|
Jan 16 |
09:15 |
|
Dec |
|
0.1% |
0.2% |
1.1% |
|
|
Jan 16 |
09:15 |
|
Dec |
|
78.5% |
78.5% |
78.4% |
|
|
Jan 16 |
10:00 |
NAHB Housing Market Index |
Jan |
|
47 |
48 |
47 |
|
|
Jan 16 |
10:30 |
Crude Inventories |
01/12 |
|
NA |
NA |
1.314M |
|
|
Jan 16 |
14:00 |
Fed's Beige Book |
Jan |
|
|
|
|
|
|
Jan 17 |
08:30 |
|
01/12 |
|
375K |
370K |
371K |
|
|
Jan 17 |
08:30 |
|
01/05 |
|
3150K |
3100K |
3109K |
|
|
Jan 17 |
08:30 |
|
Dec |
|
880K |
889K |
861K |
|
|
Jan 17 |
08:30 |
|
Dec |
|
880K |
905K |
899K |
|
|
Jan 17 |
10:00 |
|
Jan |
|
1.0 |
5.2 |
4.6 |
8.1 |
|
Jan 17 |
10:30 |
Natural Gas Inventories |
01/12 |
|
NA |
NA |
-189 bcf |
|
|
Jan 18 |
09:55 |
|
Jan |
|
76.0 |
75.0 |
72.9 |
|
MARKET PLACE
Numbers are good up until the close of business today. These are strictly technical in nature, not fundamentally based or biased.
Legend U is Up
D is Down
PRD is Potential Reversal Day (Change of Trend) S2 is Weekly strong support
S1 is Weekly good support DS is Daily Support
DR is Daily Resistance
R1 is Weekly Good Resistance and is calculated once a week on Sunday night
R2 is Weekly Strong Resistance and is calculated once a week on Sunday night
Levels are for the most active futures contract
Daily Support and Resistance
|
|
Trend |
WS2 |
WS1 |
DS |
DR |
WR1 |
WR2 |
|
Mar ES |
D |
1436 |
1451 |
1464 |
1484 |
1477 |
1487 |
|
Mar Nasdaq |
U |
2683 |
2713 |
2720 |
2751 |
2759 |
2774 |
|
Mar Yen |
U |
109.71 |
110.95 |
110.20 |
112.75 |
114.32 |
116.45 |
|
Mar EC |
U |
129.00 |
131.23 |
133.14 |
134.32 |
134.71 |
135.96 |
|
|
|
|
|
|
|
|
|
|
Mar 10 Year |
U |
131.05 |
131.17 |
144.18 |
146.05 |
132.06 |
132.16 |
|
Mar 30 Year |
U |
143.26 |
144.17 |
131.18 |
132.10 |
145.26 |
146.12 |
|
Mar Soybeans |
D |
13.29 |
13.51 |
14.19 1 |
14.46 |
13.94 |
14.16 |
|
Mar Corn |
U |
6.57 |
6.83 |
7.20 |
7.314 |
7.29 |
7.49 |
|
Feb Gold |
U |
1625 |
1643 |
1672 |
1703 |
1679 |
1697.4 |
|
Mar Silver |
U |
29.32 |
29.88 |
31.26 |
32.14 |
30.97 |
31.50 |
|
Mar Copper |
D |
361 |
363 |
361 |
368 |
370 |
374 |
|
Feb Crude |
PRD(U) |
91.35 |
92.56 |
94.18 |
96.42 |
94.84 |
95.91 |
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