02.12.13
Top Day Market News
Again, another light news day in terms of economic releases. State of the Union speech tonight. Overnight, the G-7 backed away from a currency will by agreeing to avoid targeting exchange rates. The British pound traded at six-month lows against the dollar as its expected the bank of England will downwardly revise growth rates and by so doing giving an argument to maintain low interest rates moving forward. The yen continues lower and Palladium continues to outperform other metals.
|
Week of February 11 - February 15 |
||||||
Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
Feb 12 |
14:00 |
Treasury Budget |
Jan |
-$2.0B |
-$2.0B |
-$27.4B |
|
Feb 13 |
07:00 |
MBA Mortgage Index |
02/09 |
NA |
NA |
3.4% |
|
Feb 13 |
08:30 |
Retail Sales |
Jan |
-0.4% |
0.1% |
0.5% |
|
Feb 13 |
08:30 |
Retail Sales ex-auto |
Jan |
-0.3% |
0.1% |
0.3% |
|
Feb 13 |
08:30 |
Export Prices ex-ag. |
Jan |
NA |
NA |
-0.2% |
|
Feb 13 |
08:30 |
Import Prices ex-oil |
Jan |
NA |
NA |
-0.1% |
|
Feb 13 |
10:00 |
Business Inventories |
Dec |
0.1% |
0.3% |
0.3% |
|
Feb 13 |
10:30 |
Crude Inventories |
02/09 |
NA |
NA |
2.623M |
|
Feb 14 |
08:30 |
Initial Claims |
02/09 |
365K |
365K |
366K |
|
Feb 14 |
08:30 |
Continuing Claims |
02/02 |
3200K |
3200K |
3224K |
|
Feb 14 |
10:30 |
Natural Gas Inventories |
02/09 |
NA |
NA |
NA |
Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Feb 15 |
08:30 |
Empire Manufacturing |
Feb |
-2.0 |
0.0 |
-7.8 |
Feb 15 |
09:00 |
Net Long-Term TIC Flows |
Dec |
NA |
NA |
$52.3B |
Feb 15 |
09:15 |
Industrial Production |
Jan |
0.4% |
0.2% |
0.3% |
Feb 15 |
09:15 |
Capacity Utilization |
Jan |
79.0% |
78.9% |
78.8% |
Feb 15 |
09:55 |
Mich Sentiment |
Feb |
73.0 |
73.5 |
73.8 |
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 |
1481.50 |
1497.50 |
1506 |
1516.75 |
1522.50 |
1531 |
Mar Nasdaq
|
U |
2683 |
2727 |
2754 |
2779 |
2797 |
2822 |
Mar Yen
|
D |
105.25 |
106.51 |
104.73 |
108.21 |
108.84 |
109.91 |
Mar EC
|
D |
131.58 |
132.62 |
133.23 |
134.28 |
135.64 |
137.02 |
Mar 10 Year
|
U |
130.08 |
130.31 |
131.17 |
131.26 |
132.06 |
132.21 |
Mar 30 Year
|
U |
141.10 |
142.16 |
143.14 |
144.04 |
144.17 |
145.12 |
Mar Soybeans
|
D |
14.20 |
14.36 |
14.15 |
14.45 |
14.83 |
15.14 |
Mar Corn
|
D |
6.84 |
6.91 |
6.93 |
7.10 |
7.31 |
7.54 |
April Gold
|
D |
1646.9 |
1657 |
1638.4 |
1664 |
1682.5 |
1697.3 |
Mar Silver
|
D |
30.79 |
31.11 |
30.64 |
31.35 |
31.93 |
32.42 |
Mar Copper
|
U |
368 |
372 |
369 |
375 |
379 |
382 |
Mar Crude
|
D |
93.46 |
94.61 |
95.63 |
97.75 |
97.33 |
98.90 |