01.29.13
Top Day Market News
Consumer confidence should be the maker mover today. Otherwise, it’s a fairly quiet board but it’s too early to say that the market is just positioning itself for Friday’s unemployment numbers. As the ADP numbers, the private jobs forecast has been gaining greater credence lately, maybe the market is equally concerned with this. This number will be released tomorrow at 8:15 am. The Street is looking for a fairly good number, possibly as high as 195K but again, the revision of the expectation will come tomorrow at around 8:16. The VIX or volatility index is fairly close to a single digit number. If history holds, the VIX stays below 10 for incredibly brief periods of time before “something happens.”
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Week of January 28 - February 01 |
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Date |
ET |
Release |
For |
|
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
|
|
Jan 28 |
08:30 |
|
Dec |
|
2.5% |
1.6% |
0.8% |
0.7% |
|
|
Jan 28 |
08:30 |
|
Dec |
|
0.0% |
0.0% |
1.6% |
|
|
|
Jan 28 |
10:00 |
Pending Home Sales |
Dec |
|
0.0% |
0.0% |
1.7% |
|
|
|
Jan 29 |
09:00 |
Case-Shiller 20-city Index |
Nov |
|
5.0% |
5.2% |
4.3% |
|
|
|
Jan 29 |
10:00 |
|
Jan |
|
61.0 |
65.1 |
65.1 |
|
|
|
Jan 30 |
07:00 |
MBA Mortgage Index |
01/26 |
|
NA |
NA |
7.0% |
|
|
|
Jan 30 |
08:15 |
ADP Employment Change |
Jan |
|
175K |
175K |
215K |
|
|
|
Jan 30 |
08:30 |
|
Q4 |
|
0.2% |
1.0% |
3.1% |
|
|
|
Date |
ET |
Release |
For |
|
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
|
|
|
|
|
|
|
|
|
|
|
Jan 30 |
08:30 |
|
Q4 |
|
1.5% |
1.6% |
2.7% |
|
|
Jan 30 |
10:30 |
Crude Inventories |
01/26 |
|
NA |
NA |
2.813M |
|
|
Jan 30 |
14:15 |
FOMC Rate Decision |
Jan |
|
0.25% |
0.25% |
0.25% |
|
|
Jan 31 |
07:30 |
Challenger Job Cuts |
Jan |
|
NA |
NA |
34.4% |
|
|
Jan 31 |
08:30 |
|
01/26 |
|
365K |
345K |
330K |
|
|
Jan 31 |
08:30 |
|
01/19 |
|
3200K |
3200K |
3157K |
|
|
Jan 31 |
08:30 |
|
Dec |
|
0.7% |
0.7% |
0.6% |
|
|
Jan 31 |
08:30 |
|
Dec |
|
0.5% |
0.3% |
0.4% |
|
|
Jan 31 |
08:30 |
|
Dec |
|
0.1% |
0.1% |
0.0% |
|
|
Jan 31 |
08:30 |
|
Q4 |
|
0.6% |
0.5% |
0.4% |
|
|
Jan 31 |
09:45 |
|
Jan |
|
50.0 |
50.5 |
48.9 |
51.6 |
|
Jan 31 |
10:30 |
Natural Gas Inventories |
01/26 |
|
NA |
NA |
-172 bcf |
|
|
Feb 01 |
08:30 |
|
Jan |
|
195K |
180K |
155K |
|
|
Feb 01 |
08:30 |
|
Jan |
|
215K |
193K |
168K |
|
|
Feb 01 |
08:30 |
|
Jan |
|
7.7% |
7.7% |
7.8% |
|
|
Feb 01 |
08:30 |
|
Jan |
|
0.2% |
0.2% |
0.3% |
|
|
Feb 01 |
08:30 |
|
Jan |
|
34.5 |
34.5 |
34.5 |
|
|
Feb 01 |
09:55 |
|
Jan |
|
70.5 |
71.4 |
71.3 |
|
|
Feb 01 |
10:00 |
|
Jan |
|
49.5 |
50.5 |
50.7 |
|
|
Feb 01 |
10:00 |
|
Dec |
|
0.3% |
0.5% |
-0.3% |
|
|
Feb 01 |
14:00 |
|
Jan |
|
NA |
NA |
5.5M |
|
|
Feb 01 |
14:00 |
|
Jan |
|
NA |
NA |
6.5M |
|
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 |
U |
1465 |
1480 |
1492 |
1504 |
1497.5 0 |
1514 |
|
Mar Nasdaq
|
U |
2674 |
2701 |
2726 |
2758 |
2762 |
2796 |
|
Mar Yen
|
U |
107.16 |
108.59 |
109.74 |
110.93 |
112.45 |
114.98 |
|
Mar EC
|
U |
131.+1 |
133.23 |
134.32 |
135.10 |
134.59 |
136.23 |
|
Mar 10 Year
|
D |
130.18 |
130.31 |
130.21 |
131.16 |
132.06 |
132.31 |
|
Mar 30 Year
|
D |
142.09 |
143.06 |
142.14 |
144.10 |
145.23 |
147.11 |
|
Mar Soybeans
|
PRD(U) |
13.93 |
14.17 |
14.37 |
14.55 |
14.62 |
14.84 |
|
Mar Corn
|
U |
7.03 |
7.11 |
7.22 |
7.33 |
7.32 |
7.43 |
|
Feb Gold
|
D |
1628.8 |
1643 |
1649 |
1665 |
1684 |
1710 |
|
Mar Silver
|
D |
30.23 |
30.70 |
30.37 |
31.15 |
32.06 |
32.95 |
|
Mar Copper
|
U |
359 |
362 |
364 |
367 |
370 |
374 |
|
Mar Crude
|
U |
94.01 |
95.05 |
95.37 |
97.50 |
97.02 |
97.95 |
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