4.17.2014
Top Day Market News
Dollar weakness overnight as Janet Yellen continues to stress that the Fed is committed to an accommodative monetary policy apparently forever. This lifted stocks and currencies going into the close and allayed fears felt as recently as Tuesday. The Cad is under selling pressure on stimulus prospects there as well while crude lifts on Ukraine tension and the possibility of Russian sanctions. Soybeans soar on record crush.
|
Week of April 14 - April 18 |
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|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Apr 14 |
08:30 |
Retail Sales |
Mar |
1.1% |
1.2% |
1.0% |
0.7% |
0.3% |
|
Apr 14 |
08:30 |
Retail Sales ex-auto |
Mar |
0.7% |
0.7% |
0.5% |
0.3% |
|
|
Apr 14 |
10:00 |
Business Inventories |
Feb |
0.4% |
0.6% |
0.6% |
0.4% |
|
|
Apr 15 |
08:30 |
CPI |
Mar |
|
0.1% |
0.1% |
0.1% |
|
|
Apr 15 |
08:30 |
Core CPI |
Mar |
|
0.1% |
0.1% |
0.1% |
|
|
Apr 15 |
08:30 |
Empire Manufacturing |
Apr |
|
7.5 |
7.5 |
5.6 |
|
|
Apr 15 |
09:00 |
Net Long-Term TIC Flows |
Feb |
|
NA |
NA |
$7.3B |
|
|
Apr 15 |
10:00 |
NAHB Housing Market Index |
Apr |
|
51 |
50 |
47 |
|
|
Apr 16 |
07:00 |
MBA Mortgage Index |
04/12 |
|
NA |
NA |
-1.6% |
|
|
Apr 16 |
08:30 |
Housing Starts |
Mar |
|
910K |
955K |
907K |
|
|
Apr 16 |
08:30 |
Building Permits |
Mar |
|
980K |
1003K |
1018K |
|
|
Apr 16 |
09:15 |
Industrial Production |
Mar |
|
0.7% |
0.5% |
0.6% |
|
|
Apr 16 |
09:15 |
Capacity Utilization |
Mar |
|
78.9% |
78.8% |
78.4% |
78.8% |
|
Apr 16 |
10:30 |
Crude Inventories |
04/12 |
|
NA |
NA |
4.030M |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Apr 16 |
14:00 |
Fed's Beige Book |
Apr |
|
NA |
NA |
NA |
|
|
Apr 17 |
08:30 |
Initial Claims |
04/12 |
|
320K |
312K |
300K |
|
|
Apr 17 |
08:30 |
Continuing Claims |
04/05 |
|
2800K |
2800K |
2776K |
|
|
Apr 17 |
10:00 |
Philadelphia Fed |
Apr |
|
9.0 |
8.6 |
9.0 |
|
|
Apr 17 |
10:30 |
Natural Gas Inventories |
04/12 |
|
NA |
NA |
4 bcf |
|
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 contracts
Daily Support and Resistance
|
|
Trend |
WS2 |
WS1 |
DS |
DR |
WR1 |
WR2 |
|
|
June ES |
|
U |
1768.50 |
1790.0 |
1843 |
1859 |
1850.2 |
1889.00 |
|
June Nasdaq |
U |
|
3323.25 |
3383.0 0 |
3479 |
3524 |
3551.0 0 |
3659.25 |
|
June Yen |
U |
|
96.00 |
97.24 |
97.60 |
98.47 |
98.34 |
99.96 |
|
June EC |
U |
|
136.18 |
137.51 |
137.97 |
138.70 |
139.60 |
140.36 |
|
June 10 Year Note |
U |
|
123.04 |
123.31 |
124.07 |
124.25 |
125.09 |
125.24 |
|
June 30 Year Bond |
U |
|
132.04 |
133.15 |
134.13 |
135.15 |
135.16 |
136.06 |
|
May Soybean |
U |
|
14.26 |
14.44 |
15.04 |
15.36 |
14.96 |
15.30 |
|
May Corn |
D |
|
4.78 |
4.88 |
4.93 |
5.03 |
5.13 |
5.28 |
|
June Gold |
U |
|
1283.90 |
1301.1 |
1293.60 |
1309.20 |
1325 |
1342 |
|
May Silver |
D |
|
19.18 |
19.57 |
19.377 |
19.85 |
20.37 |
20.78 |
|
May Copper |
U |
292.90 |
298.50 |
298 |
306.40 |
308.90 |
313.60 |
|
May Crude |
U |
98.04 |
100.68 |
102.95 |
104.82 |
105.20 |
107.08 |
|
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