04.18.13
Top Day Market News
Weekly jobless claims come in at 352,000. This is not a market changing number. There is a bit better risk appetite this morning as a Spanish debt auction goes well and borrowing costs across the euro region edge lower as a result. Consequently, European currency are higher while the yen is lower and gold attempts to stabilize. Confidence is not great however as the market gets ripped in one direction then another depending on what day of the week it is. It’s difficult to stay with bullish positions on a negative day and it’s difficult to stay with bearish positions on a positive day. For the moment, each trading day currently stands as a one- day phenomena.
|
Date |
ET |
Release |
For |
|
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Apr 15 |
08:30 |
Empire Manufacturing |
Apr |
|
5.0 |
5.0 |
9.2 |
|
|
Apr 15 |
09:00 |
Net Long-Term TIC Flows |
Feb |
|
NA |
NA |
$25.7B |
|
|
Apr 15 |
10:00 |
NAHB Housing Market Index |
Apr |
|
45 |
45 |
44 |
|
|
Apr 16 |
08:30 |
CPI |
Mar |
|
-0.1% |
-0.1% |
0.7% |
|
|
Apr 16 |
08:30 |
Core CPI |
Mar |
|
0.2% |
0.2% |
0.2% |
|
|
Apr 16 |
08:30 |
Housing Starts |
Mar |
|
935K |
930K |
917K |
|
|
Apr 16 |
08:30 |
Building Permits |
Mar |
|
955K |
945K |
946K |
|
|
Apr 16 |
09:15 |
Industrial Production |
Mar |
|
0.4% |
0.3% |
0.7% |
|
|
Apr 16 |
09:15 |
Capacity Utilization |
Mar |
|
78.5% |
78.4% |
78.3% |
79.6% |
|
Apr 17 |
07:00 |
MBA Mortgage Index |
04/13 |
|
NA |
NA |
4.5% |
|
|
Apr 17 |
10:30 |
Crude Inventories |
04/13 |
|
NA |
NA |
0.250M |
|
|
Apr 17 |
14:00 |
Fed's Beige Book |
Apr |
|
NA |
NA |
NA |
|
|
Apr 18 |
08:30 |
Initial Claims |
04/13 |
|
350K |
355K |
346K |
|
|
Apr 18 |
08:30 |
Continuing Claims |
04/6 |
|
3060K |
3068K |
3079K |
|
|
Apr 18 |
10:00 |
Philadelphia Fed |
Apr |
|
3.0 |
2.5 |
2.0 |
|
|
Apr 18 |
10:00 |
Leading Indicators |
Mar |
|
0.0% |
0.0% |
0.5% |
|
|
Apr 18 |
10:30 |
Natural Gas Inventories |
04/13 |
|
NA |
NA |
-14 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 (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 |
|
Jun ES
|
U |
1522 |
1552 |
1532 |
1564 |
1602 |
1675 |
|
Jun Nasdaq
|
U |
2719 |
2783 |
2745 |
2817 |
2885 |
2922 |
|
Jun JY
|
D |
9915 |
100.16 |
100.96 |
102.88 |
102.10 |
103.03 |
|
Jun EC
|
U |
128.98 |
129.91 |
129.49 |
131.47 |
131.61 |
162.83 |
|
Jun 10 Year
|
U |
131.31 |
132.15 |
132.26 |
133.17 |
133.10 |
133.21 |
|
Jun 30 Year
|
U |
144.30 |
146.07 |
147.12 |
149.07 |
148.13 |
149.10 |
|
July Soybeans
|
D |
13.33 |
13.73 |
13.68 |
14.00 |
14.36 |
14.58 |
|
July Corn
|
U |
6.11 |
6.35 |
6.36 |
6.50 |
6.74 |
6.90 |
|
June Gold
|
PRD( U) |
1399 |
1438 |
1348 |
1396 |
1552 |
1628 |
|
July Silver
|
D |
24.20 |
24.98 |
22.48 |
24.16 |
27.27 |
28.79 |
|
July Copper
|
D |
324 |
328 |
309 |
329 |
341 |
349 |
|
June Crude
|
D |
87.30 |
89.11 |
84.53 |
88.79 |
93.56 |
96.46 |
|
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