Top Day Market News
6.14.12
Where to begin? What actionable suggestions to make? Spanish 10 year hits 7%, currently at 6.984%. Their credit rating was cut to one level above junk. The yield is a post Ec high. US Bonds are under slight pressure before the auction of $13 Billion in 30 year Bonds. The Greek election looms. We’ll start to get a feel for the outcome at approximate 1PM on Sunday. It’s hard to believe that the equities market will hold a bid going into Sunday. OPEC is meeting and Saudi’s want higher production levels while Iran and others want cuts in production; the stalemate should produce a rollover. WTI looks destined for $75 a barrel. In this type of market environment, tread lightly and carry a swift sword.
|
Week of June 11 - June 15 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jun 12 |
08:30 |
|
May |
|
NA |
NA |
0.2% |
|
|
Jun 12 |
08:30 |
|
May |
|
NA |
NA |
0.1% |
|
|
Jun 12 |
14:00 |
|
May |
|
NA |
-$125.0B |
-$57.6B |
|
|
Jun 13 |
07:00 |
MBA Mortgage Index |
06/09 |
|
NA |
NA |
1.3% |
|
|
Jun 13 |
08:30 |
|
May |
|
-0.3% |
-0.2% |
0.1% |
|
|
Jun 13 |
08:30 |
|
May |
|
-0.1% |
0.0% |
0.1% |
|
|
Jun 13 |
08:30 |
|
May |
|
-0.4% |
-0.7% |
-0.2% |
|
|
Jun |
08:30 |
May |
|
0.1% |
0.2% |
0.2% |
|
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
13 |
|
|
|
|
|
|
|
|
|
Jun 13 |
10:00 |
|
Apr |
|
0.2% |
0.2% |
0.3% |
|
|
Jun 13 |
10:30 |
Crude Inventories |
06/09 |
|
NA |
NA |
-0.111M |
|
|
Jun 14 |
08:30 |
|
06/09 |
|
375K |
375K |
377K |
|
|
Jun 14 |
08:30 |
|
06/02 |
|
3250K |
3275K |
3293K |
|
|
Jun 14 |
08:30 |
|
May |
|
-0.3% |
-0.2% |
0.0% |
|
|
Jun 14 |
08:30 |
|
May |
|
0.1% |
0.1% |
0.2% |
|
|
Jun 14 |
08:30 |
Current Account Balance |
Q1 |
|
-$130.0B |
-$130.9B |
- $124.1B |
|
|
Jun 15 |
08:30 |
Empire Manufacturing |
Jun |
|
10.0 |
13.5 |
17.1 |
|
|
Jun 15 |
09:00 |
Net Long-Term TIC Flows |
Apr |
|
NA |
NA |
$36.2B |
|
|
Jun 15 |
09:15 |
|
May |
|
0.1% |
0.1% |
1.1% |
|
|
Jun 15 |
09:15 |
|
May |
|
79.2% |
79.1% |
79.2% |
|
|
Jun 15 |
09:55 |
|
Jun |
|
77.0 |
77.0 |
79.3 |
|
MARKET PLACE
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 |
|
Sept ES |
U |
1241.50 |
1281.50 |
1301 |
1328 |
1342.5 0 |
1363.25 |
|
Sept Nasda q |
U |
2387.50 |
2472.25 |
2506.75 |
2568.00 |
2603.2 5 |
2649.50 |
|
June Yen |
D |
123.50 |
124.70 |
125.59 |
126.32 |
127.62 |
129.40 |
|
June EC |
PRD (U) |
122.65 |
123.86 |
125.05 |
126.95 |
126.76 |
127.47 |
|
Sept 10 Year |
D |
132.02 |
132.27 |
133.04 |
134.11 |
134.17 |
135.20 |
|
Sept 30 Year |
D |
145.08 |
147.14 |
148.02 |
150.22 |
151.15 |
154.10 |
|
Nov Soybea ns |
U |
12.07 |
12.70 |
12.93 |
13.35 |
13.63 |
14.07 |
|
Sept Corn |
D |
5.02 |
5.265 |
5.035 |
5.246 |
5.63 |
5.76 |
|
Aug Gold |
U |
1511.90 |
1553.50 |
1608.9 |
1636.4 |
1639.5 0 |
1683.90 |
|
July Silver |
PRD(U) |
26.78 |
27.62 |
28.72 |
29.30 |
29.57 |
30.69 |
|
July Coppe r |
D |
313 |
322 |
330 |
340 |
341 |
352 |
|
July Crude |
U |
78.37 |
81.35 |
81.84 |
83.70 |
87.17 |
90.01 |
|
|
|
|
|
|
|
|
|
