Top Day Market News
7.10.12
Without economic releases, yesterday was a day of markets wandering through ranges.
Overnight, European stocks were better as UK manufacturing came in better than expected and Spanish bond yields fell, somewhat. Italy came in with better numbers while Chinese imports rose less than expected resulting in more calls for Chinese stimulus. China has already cuts rates twice in the last month.
Alcoa profits were better than expected on automakers purchases of aluminum.
Crude was under pressure after yesterday’s close as a Norwegian oil workers’ strike ended.
|
Week of July 09 - July 13 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jul 09 |
15:00 |
May |
|
$10.0B |
$9.5B |
$6.5B |
|
|
|
Jul 11 |
07:00 |
MBA Mortgage Index |
07/07 |
|
NA |
NA |
-6.7% |
|
|
Jul 11 |
08:30 |
|
May |
|
-$50.6B |
-$48.9B |
- $50.1B |
|
|
Jul 11 |
10:00 |
May |
|
0.2% |
0.3% |
0.6% |
|
|
|
Jul 11 |
10:30 |
Crude Inventories |
07/07 |
|
NA |
NA |
- 4.270M |
|
|
Jul 11 |
14:00 |
FOMC Minutes |
6/20 |
|
|
|
|
|
|
Jul 12 |
08:30 |
07/07 |
|
360K |
375K |
374K |
|
|
|
Jul 12 |
08:30 |
06/30 |
|
3300K |
3300K |
3306K |
|
|
|
Jul 12 |
08:30 |
Jun |
|
NA |
NA |
-0.5% |
|
|
|
Jul 12 |
08:30 |
Jun |
|
NA |
NA |
-0.1% |
|
|
|
Jul 12 |
14:00 |
Jun |
|
NA |
NA |
- |
|
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
|
|
|
|
|
|
$43.1B |
|
|
Jul 13 |
08:30 |
Jun |
|
-0.8% |
-0.6% |
-1.0% |
|
|
|
Jul 13 |
08:30 |
Jun |
|
0.2% |
0.2% |
0.2% |
|
|
|
Jul 13 |
09:55 |
Jul |
|
72.0 |
73.5 |
73.2 |
|
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 |
1323.50 |
1337.50 |
1337.50 |
1352.50 |
1370.5 0 |
1389.00 |
|
Sept Nasda q |
U |
2553.00 |
2561 |
2580.50 |
2617.25 |
2646 |
2683 |
|
Sept Yen |
PRD(U) |
124.28 |
124.97 |
125.48 |
126.30 |
126.29 |
126.92 |
|
Sept EC |
D |
120.01 |
121.42 |
122.37 |
123.49 |
125.53 |
128.23 |
|
Sept 10 Year |
U |
132.28 |
133.20 |
134.12 |
134.25 |
134.24 |
135.04 |
|
Sept 30 Year |
U |
147.00 |
148.14 |
150.00 |
151.09 |
150.22 |
151.16 |
|
Nov Soybeans |
D |
14.45 |
15.06 |
14.98 |
15.71 |
16.06 |
16.46 |
|
Sept Corn |
U |
6.10 |
6.52 |
6.99 |
7.41 |
7.25 |
7.56 |
|
Aug Gold |
D |
1545.70 |
1564.30 |
1569 |
1596 |
1613.6 0 |
1644.30 |
|
Sept Silver |
D |
25.92 |
26.48 |
27.04 |
27.87 |
25.02 |
29.00 |
|
Sept Copper |
D |
330 |
336 |
337 |
344 |
351 |
360 |
|
Aug Crude |
U |
78.18 |
81.15 |
83.00 |
86.98 |
88.03 |
91.94 |
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