05.09.13
Top Day Recommendations
Another rainy morning in New York City. Weekly jobless claims and 4000. This speaks to a reduction in firing and is not really a data point for new hiring. Some modest profit- taking finally hits the stock market. Spanish bonds decline after election results. The jobless claims number is a five- year low. The Bank of England seems reluctant to expand stimulus. UK Industrial production exceeds expectations for the merry month of May. Greek unemployment is at 27%. And the only market that went ballistic overnight was the Aussie dollar. Market was too heavily short going into Pac rim session.
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Week of May 06 - May 10 |
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
May 07 |
15:00 |
|
Mar |
|
$16.0B |
$16.3B |
$18.1B |
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|
|
May 08 |
07:00 |
MBA Mortgage Index |
05/04 |
|
NA |
NA |
1.8% |
|
|
|
May 08 |
10:30 |
Crude Inventories |
05/04 |
|
NA |
NA |
6.696M |
|
|
|
May 09 |
08:30 |
|
05/04 |
|
340K |
336K |
324K |
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|
|
May 09 |
08:30 |
|
04/27 |
|
3050K |
3019K |
3019K |
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|
|
May 09 |
10:00 |
Mar |
|
0.3% |
0.3% |
-0.3% |
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May 09 |
10:30 |
Natural Gas Inventories |
05/04 |
|
NA |
NA |
43 bcf |
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|
|
May 10 |
14:00 |
|
Apr |
|
NA |
NA |
+$59.1B |
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|
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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
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Trend |
WS2 |
WS1 |
DS |
DR |
WR1 |
WR2 |
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Jun ES |
U |
1558.5 |
1583.75 |
1620.50 |
1637.00 |
1624.5 |
1639.50 |
|
Jun Nasdaq |
U |
2784 |
2860.75 |
2947.50 |
2990.50 |
2981 |
3024.5 |
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Jun JY |
PRD( U) |
99.25 |
100.12 |
100.91 |
101.51 |
102.49 |
103.99 |
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Jun EC |
U |
129.19 |
130.16 |
130.92 |
132.15 |
132.29 |
133.45 |
|
Jun 10 Year |
D |
132.03 |
132.15 |
132.18 |
132.29 |
133.16 |
134.04 |
|
Jun 30 Year |
D |
145.01 |
146.12 |
146.05 |
147.03 |
148.28 |
150.21 |
|
July Soybeans |
PRD( U) |
13.37 |
13.615 |
13.78 |
14.62 |
14.18 |
15.50 |
|
July Corn |
U |
6.08 |
6.34 |
6.25 |
6.416 |
6.78 |
6.95 |
|
June Gold |
D |
1418.3 |
1444.50 |
1455 |
1484 |
1491.9 |
1513.3 |
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July Silver |
D |
22.58 |
23.33 |
23.67 |
24.13 |
24.70 |
25.32 |
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July Copper |
U |
294 |
312 |
330 |
341 |
340 |
349 |
|
June Crude |
U |
87.99 |
91.80 |
95.65 |
97.18 |
97.73 |
99.85 |
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