Top Day Market News
7.05.12
ADP employment survey released at 8:15.
Initial and continuing claims and oil inventories delayed by a day due to the holiday.
Big number tomorrow with unemployment. The estimate is for 110K. Don’t be surprised if it comes in substantially lower.
China and the ECB cut rates as anticipated. This is the second rate cut in a month for China which gives you an idea of the magnitude of their contraction. On the other hand, German factory orders rise unexpectedly.
Very few people down on Wall Street this morning.
|
Week of July 02 - July 06 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jul 02 |
10:00 |
Jun |
|
51.5 |
52.2 |
53.5 |
|
|
|
Jul 02 |
10:00 |
May |
|
0.2% |
0.2% |
0.3% |
|
|
|
Jul 03 |
10:00 |
May |
|
0.5% |
0.4% |
-0.6% |
|
|
|
Jul 03 |
14:00 |
Jun |
|
NA |
NA |
4.7M |
|
|
|
Jul 03 |
14:00 |
Jun |
|
NA |
NA |
5.9M |
|
|
|
Jul 05 |
07:00 |
MBA Mortgage Index |
06/30 |
|
NA |
NA |
-7.1% |
|
|
Jul 05 |
07:30 |
Challenger Job Cuts |
Jun |
|
NA |
NA |
66.7% |
|
|
Jul 05 |
08:15 |
ADP Employment Change |
Jun |
|
110K |
105K |
133K |
|
|
Jul 05 |
08:30 |
06/30 |
|
385K |
385K |
386K |
|
|
|
Jul 05 |
08:30 |
06/23 |
|
3275K |
3283K |
3296K |
|
|
|
Jul 05 |
10:00 |
Jun |
|
53.0 |
53.0 |
53.7 |
|
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jul 05 |
11:00 |
Crude Inventories |
06/30 |
|
NA |
NA |
- 0.133M |
|
|
Jul 06 |
08:30 |
Jun |
|
100K |
100K |
69K |
|
|
|
Jul 06 |
08:30 |
Jun |
|
110K |
105K |
82K |
|
|
|
Jul 06 |
08:30 |
Jun |
|
8.1% |
8.2% |
8.2% |
|
|
|
Jul 06 |
08:30 |
Jun |
|
0.1% |
0.2% |
0.1% |
|
|
|
Jul 06 |
08:30 |
Jun |
|
34.5 |
34.4 |
34.4 |
|
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 |
1282.50 |
1319.50 |
1361 |
1373 |
1376.5 0 |
1396.50 |
|
Sept Nasda q |
U |
2463.75 |
2536.75 |
2612 |
2659 |
2649.5 0 |
2689..25 |
|
Sept Yen |
D |
122.97 |
124.16 |
125.02 |
125.92 |
126.53 |
127.71 |
|
Sept EC |
D |
123.10 |
124.89 |
124.61 |
126.09 |
127.75 |
128.82 |
|
Sept 10 Year |
D |
132.13 |
132.28 |
133.21 |
134.05 |
133.30 |
134.16 |
|
Sept 30 Year |
D |
146.09 |
147.04 |
148.05 |
149.19 |
149.13 |
150.27 |
|
Nov Soybea ns |
D |
13.73 |
14.00 |
|
|
14.41 |
14.67 |
|
Sept Corn |
U |
5.31 |
5.79 |
|
|
6.63 |
6.98 |
|
Aug Gold |
D |
1524.40 |
1561.50 |
1606.6 |
1624.8 |
1621.7 0 |
1644.80 |
|
Sept Silver |
D |
25.34 |
26.40 |
27.85 |
28.46 |
28.21 |
28.96 |
|
Sept Coppe r |
D |
320 |
335 |
348 |
355 |
358 |
366 |
|
Aug Crude |
U |
74.43 |
79.65 |
85.83 |
88.36 |
87.71 |
90.55 |
|
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