3.27.2014
Top Day Market News
Dollar traded to recent lows even as US consumer confidence comes in much better than expected. Fitch comes in with risk assessment for the Pac Rim and increases their concern. Meanwhile, there should be a negative impact for Russia with sanctions slowing their economy. Spain has an unemployment rate of 26%. The risk to emerging markets has to put in a floor for the US bond market. Metals continue to wash out speculative interest. Endless candy rained down on Wall Street and closed below its subscription price. Interesting times.
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Week of March 24 - March 28 |
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Mar 25 |
09:00 |
Case-Shiller 20-city Index |
Jan |
|
13.5% |
13.3% |
13.4% |
|
|
|
Mar 25 |
09:00 |
FHFA Housing Price Index |
Jan |
|
NA |
NA |
0.8% |
|
|
|
Mar 25 |
10:00 |
Consumer Confidence |
Mar |
|
77.8 |
78.2 |
78.1 |
|
|
|
Mar 25 |
10:00 |
New Home Sales |
Feb |
|
430K |
445K |
468K |
|
|
|
Mar 26 |
07:00 |
MBA Mortgage Index |
03/22 |
|
NA |
NA |
-1.2% |
|
|
|
Mar 26 |
08:30 |
Durable Orders |
Feb |
|
1.0% |
1.0% |
-1.0% |
|
|
|
Mar 26 |
08:30 |
Durable Goods –ex transportation |
Feb |
|
0.3% |
0.3% |
-1.1% |
|
|
|
Mar 26 |
10:30 |
Crude Inventories |
03/22 |
|
NA |
NA |
5.850M |
|
|
|
Mar 27 |
08:30 |
Initial Claims |
03/22 |
|
330K |
330K |
320K |
|
|
|
Mar |
08:30 |
Continuing Claims |
03/15 |
|
2900K |
2900K |
2889K |
|
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
27 |
|
|
|
|
|
|
|
|
|
Mar 27 |
08:30 |
GDP - Third Estimate |
Q4 |
|
2.6% |
2.6% |
2.4% |
|
|
Mar 27 |
08:30 |
GDP Deflator - Third Estimate |
Q4 |
|
1.6% |
1.6% |
1.6% |
|
|
Mar 27 |
10:00 |
Pending Home Sales |
Feb |
|
-0.2% |
-0.2% |
0.1% |
|
|
Mar 27 |
10:30 |
Natural Gas Inventories |
03/22 |
|
NA |
NA |
-48 bcf |
|
|
Mar 28 |
08:30 |
Personal Income |
Feb |
|
0.0% |
0.2% |
0.3% |
|
|
Mar 28 |
08:30 |
Personal Spending |
Feb |
|
0.2% |
0.3% |
0.4% |
|
|
Mar 28 |
08:30 |
PCE Prices - Core |
Feb |
|
0.1% |
0.1% |
0.1% |
|
|
Mar 28 |
09:55 |
Michigan Sentiment - Final |
Mar |
|
79.5 |
80.0 |
79.9 |
|
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 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 |
|
|
June ES |
|
U |
1799 |
1828 |
1833 |
1860 |
1880 |
1905 |
|
June Nasdaq |
U |
|
3541 |
3592 |
3546 |
3622 |
3723 |
3753 |
|
June Yen |
U |
|
96.64 |
97.25 |
97.61 |
98.32 |
98.68 |
99.42 |
|
June EC |
PRD(D) |
136.28 |
137.10 |
134.44 |
138.18 |
139.10 |
140.20 |
|
|
June 10 Year Note |
U |
|
122.01 |
122.21 |
132.29 |
134.02 |
124.12 |
125.10 |
|
June 30 Year Bond |
U |
|
130.29 |
131.23 |
123.13 |
124.08 |
133.19 |
134.18 |
|
May Soybean |
U |
|
13.32 |
13.79 |
14.26 |
14.48 |
14.51 |
14.94 |
|
May Corn |
PRD(D ) |
4.66 |
4.72 |
4.82 |
4.87 |
4.88 |
4.98 |
|
Aprl Gold |
D |
1277.50 |
1306 |
1296 |
1313 |
1377 |
1421 |
|
May Silver |
D |
19.18 |
19.73 |
19.59 |
20.05 |
21.24 |
22.20 |
|
May Copper |
U |
282 |
288 |
295 |
299 |
300.50 |
306 |
|
May Crude |
D |
96.58 |
97.61 |
99.44 |
100.80 |
100.86 |
102.18 |
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