01.30.13
Top Day Recommendations
Advance estimate of fourth quarter GDP came in at a surprising -0.1% against an expectation of +1.1%and this put early pressure on stocks and lifted bonds. Government military spending declined to levels not seen since 1972. There was a lot of noise following this release but expect things to consolidate ahead of the conclusion of the two day Federal Open Market Committee meeting and its monthly rate decision and its estimation of current conditions and future economic direction. Gold is spiking. Outside resistance of 1671.20 has been breached.
Be cautious at 21:15 this afternoon. Quantum change is a possibility.
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|
Week of January 28 - February 01 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
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 |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
|
|
|
|
|
|
|
|
|
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 |
1495 |
1510 |
1497.5 0 |
1514 |
|
Mar Nasdaq
|
U |
2674 |
2701 |
2723 |
2754 |
2762 |
2796 |
|
Mar Yen
|
U |
107.16 |
108.59 |
109.45 |
110.71 |
112.45 |
114.98 |
|
Mar EC
|
U |
131.+1 |
133.23 |
134.83 |
135.25 |
134.59 |
136.23 |
|
Mar 10 Year
|
D |
130.18 |
130.31 |
130.28 |
131.13 |
132.06 |
132.31 |
|
Mar 30 Year
|
D |
142.09 |
143.06 |
142.20 |
143.31 |
145.23 |
147.11 |
|
Mar Soybeans
|
U |
13.93 |
14.17 |
14.42 |
14.59 |
14.62 |
14.84 |
|
Mar Corn
|
U |
7.03 |
7.11 |
7.27 |
7.37 |
7.32 |
7.43 |
|
Feb Gold
|
D |
1628.8 |
1643 |
1654 |
1671 |
1684 |
1710 |
|
Mar Silver
|
D |
30.23 |
30.70 |
30.86 |
31.48 |
32.06 |
32.95 |
|
Mar Copper
|
U |
359 |
362 |
362 |
372 |
370 |
374 |
|
Mar Crude
|
U |
94.01 |
95.05 |
95.63 |
98.16 |
97.02 |
97.95 |
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