06.17.13
Top Day Market News
Key to the week will be the two day Federal Open Market Committee Meeting which comes up with a rate decision on Wednesday and simultaneously offers it overview of the economy.
New York State Empire index comes in at +7.84% versus - 1.43% in May. The details of the report are quite as sparkling as the headline number, however.
The best guess is that the market will drift higher in front of the FOMC meeting, anticipating the best possible outcome.
|
|
Week of June 17 - June 21 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Jun 17 |
08:30 |
Empire Manufacturing |
Jun |
|
1.0 |
0.8 |
-1.4 |
|
|
|
Jun 17 |
10:00 |
NAHB Housing Market Index |
Jun |
|
45 |
45 |
44 |
|
|
|
Jun 18 |
08:30 |
CPI |
May |
|
0.3% |
0.2% |
-0.4% |
|
|
|
Jun 18 |
08:30 |
Core CPI |
May |
|
0.1% |
0.1% |
0.1% |
|
|
|
Jun 18 |
08:30 |
Housing Starts |
May |
|
925K |
950K |
853K |
|
|
|
Jun 18 |
08:30 |
Building Permits |
May |
|
975K |
983K |
1017K |
|
|
|
Jun 19 |
07:00 |
MBA Mortgage Index |
06/15 |
|
NA |
NA |
5.0% |
|
|
|
Jun 19 |
10:30 |
Crude Inventories |
06/15 |
|
NA |
NA |
2.523M |
|
|
|
|
|||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jun 19 |
14:00 |
FOMC Rate Decision |
Jun |
|
0.25% |
0.25% |
0.25% |
|
|
Jun 20 |
08:30 |
Initial Claims |
06/15 |
|
345K |
340K |
334K |
|
|
Jun 20 |
08:30 |
Continuing Claims |
06/08 |
|
2975K |
2967K |
2973K |
|
|
Jun 20 |
10:00 |
Existing Home Sales |
May |
|
4.95M |
5.00M |
4.97M |
|
|
Jun 20 |
10:00 |
Philadelphia Fed |
Jun |
|
2.0 |
-0.2 |
-5.2 |
|
|
Jun 20 |
10:00 |
Leading Indicators |
May |
|
0.2% |
0.2% |
0.6% |
|
|
Jun 20 |
10:30 |
Natural Gas Inventories |
06/15 |
|
NA |
NA |
95 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 |
|
Sep ES |
U |
1566 |
1592 |
1612 |
1629 |
1624 |
1668 |
|
Sep Nasdaq |
U |
2836 |
2886 |
2926 |
2955 |
2991 |
3048 |
|
Sep JY |
U |
98.56 |
120.31 |
104.93 |
106.88 |
108.22 |
110.38 |
|
Sep EC |
U |
130.90 |
132.15 |
133.05 |
133.81 |
134.28 |
135.16 |
|
Sept 10 Year |
PRD( U) |
127.14 |
128.17 |
129.09 |
129.27 |
130.17 |
130.27 |
|
Sept 30 Year |
PRD( U) |
136.18 |
138.15 |
139.27 |
140.28 |
141.18 |
142.24 |
|
July Soybeans |
U |
14.69 |
15.02 |
17.98 |
15.23 |
15.49 |
15.82 |
|
July Corn |
U |
6.29 |
6.42 |
6.46 |
6.60 |
6.66 |
6.77 |
|
Aug Gold |
D |
11353.2 |
1371.8 |
1379 |
1393 |
1401.7 |
1413 |
|
July Silver |
D |
20.76 |
21.37 |
21.54 |
22.42 |
22.54 |
23.10 |
|
July Copper |
D |
305 |
314 |
318 |
323 |
326 |
333 |
