7.29.2014
Top Day Market News
Consumer confidence at 10. Two day Fed meeting starts today with a rate decision coming on Wednesday at 2PM. GDP tomorrow is expected to show a reading of 3% while non-farm payrolls on Friday is expected at 230K. So, event risk abounds while summer vacation is now in full swing. The dollar looks to gain against its main counterparts over this stretch.
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MWee |
k of July 28 - August 0 |
1 |
|
|
|
|
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jul 28 |
10:00 |
Pending Home Sales |
Jun |
|
-1.5% |
-0.8% |
6.1% |
|
|
Jul 29 |
09:00 |
Case-Shiller 20-city Index |
May |
|
10.5% |
10.0% |
10.8% |
|
|
Jul 29 |
10:00 |
Consumer Confidence |
Jul |
|
86.5 |
85.6 |
85.2 |
|
|
Jul 30 |
07:00 |
MBA Mortgage Index |
07/26 |
|
NA |
NA |
2.4% |
|
|
Jul 30 |
08:15 |
ADP Employment Change |
Jul |
|
225K |
215K |
281K |
|
|
Jul 30 |
08:30 |
GDP-Adv. |
Q2 |
|
3.6% |
3.2% |
-2.9% |
|
|
Jul 30 |
08:30 |
Chain Deflator-Adv. |
Q2 |
|
2.5% |
2.1% |
1.3% |
|
|
Jul 30 |
10:30 |
Crude Inventories |
07/26 |
|
NA |
NA |
- 3.969M |
|
|
Jul 30 |
14:00 |
FOMC Rate Decision |
Jul |
|
0.25% |
0.25% |
0.25% |
|
|
Jul 31 |
07:30 |
Challenger Job Cuts |
Jul |
|
NA |
NA |
-20.2% |
|
|
Jul 31 |
08:30 |
Initial Claims |
07/26 |
|
310K |
310K |
284K |
|
|
Jul 31 |
08:30 |
Continuing Claims |
07/19 |
|
2525K |
2525K |
2500K |
|
|
Jul 31 |
08:30 |
Employment Cost Index |
Q2 |
|
0.4% |
0.4% |
0.3% |
|
|
Jul 31 |
09:45 |
Chicago PMI |
Jul |
|
60.0 |
61.8 |
62.6 |
|
|
Jul 31 |
10:30 |
Natural Gas Inventories |
07/26 |
|
NA |
NA |
90 bcf |
|
|
Aug 01 |
08:30 |
Nonfarm Payrolls |
Jul |
|
250K |
220K |
288K |
|
|
Aug 01 |
08:30 |
Nonfarm Private Payrolls |
Jul |
|
240K |
225K |
262K |
|
|
Aug 01 |
08:30 |
Unemployment Rate |
Jul |
|
6.1% |
6.1% |
6.1% |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Aug 01 |
08:30 |
Hourly Earnings |
Jul |
|
0.2% |
0.2% |
0.2% |
|
|
Aug 01 |
08:30 |
Average Workweek |
Jul |
|
34.5 |
34.5 |
34.5 |
|
|
Aug 01 |
08:30 |
Personal Income |
Jun |
|
0.5% |
0.4% |
0.4% |
|
|
Aug 01 |
08:30 |
Personal Spending |
Jun |
|
0.2% |
0.4% |
0.2% |
|
|
Aug 01 |
08:30 |
PCE Prices - Core |
Jun |
|
0.2% |
0.2% |
0.2% |
|
|
Aug 01 |
09:55 |
Michigan Sentiment - Final |
Jul |
|
82.5 |
82.0 |
81.3 |
|
|
Aug 01 |
10:00 |
ISM Index |
Jul |
|
56.0 |
55.9 |
55.3 |
|
|
Aug 01 |
10:00 |
Construction Spending |
Jun |
|
-0.5% |
0.3% |
0.1% |
|
|
Aug 01 |
14:00 |
Auto Sales |
Jul |
|
NA |
NA |
5.9M |
|
|
Aug 01 |
14:00 |
Truck Sales |
Jul |
|
NA |
NA |
7.5M |
|
Numbers below 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
Support and Resistance Grid
|
|
Trend |
WS2 |
WS1 |
DS |
DR |
WR1 |
WR2 |
|
Sept ES |
U |
1954 |
1957 |
1964 |
1979 |
1984 |
1998 |
|
Sept Nasdaq |
U |
3870 |
3913 |
3935 |
3971 |
3994 |
4033 |
|
Sept Yen |
D |
97.65 |
97.98 |
98.06 |
98.22 |
98.69 |
99.15 |
|
Sept EC |
D |
133.38 |
137.86 |
1334.18 |
134.43 |
135.14 |
135.88 |
|
Sept 10 Year Note |
D |
124.21 |
124.31 |
124.28 |
125.09 |
125.19 |
125.28 |
|
Sept 30 Year Bond |
U |
137.07 |
134.30 |
138.02 |
138.20 |
139.05 |
139.13 |
|
Nov Soybeans |
D |
10.28 |
10.56 |
10.95 |
11.22 |
11.08 |
11.34 |
|
Sept Corn |
PRD(U) |
3.550 |
3.56 |
3.64 |
3.72 |
3.69 |
3.75 |
|
Aug Gold |
D |
1273.50 |
1291 |
12.99 |
13.08 |
1322 |
1336.50 |
|
Sept Silver |
D |
19.65 |
20.37 |
20.48 |
20.71 |
21.19 |
21.58 |
|
Sept Copper |
PRD(D) |
312.50 |
318.80 |
323.00 |
325.50 |
329 |
333 |
|
Sept Crude |
D |
999.66 |
100.77 |
100.32 |
102.14 |
103.22 |
104.56 |
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