07-30-2013
Top Day Market News
One more day of waiting for the fireworks of Wednesday and Friday.
Expect tight ranges and positioning ahead of the FOMC meeting and the Unemployment report. At least with this rate decision, there won’t be a news conference in its wake.
Dollar is mixed with Aussie lower, given its China exposure, and EC and Swiss better.
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Week of July 29 - August 02 |
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Jul 29 |
10:00 |
Pending Home Sales |
Jun |
|
-1.0% |
-1.7% |
6.7% |
|
|
|
Jul 30 |
09:00 |
Case-Shiller 20-city Index |
May |
|
10.0% |
10.5% |
12.1% |
|
|
|
Jul 30 |
10:00 |
Consumer Confidence |
Jul |
|
83.5 |
81.6 |
81.4 |
|
|
|
Jul 31 |
07:00 |
MBA Mortgage Index |
07/27 |
|
NA |
NA |
-1.2% |
|
|
|
Jul 31 |
08:15 |
ADP Employment Change |
Jul |
|
175K |
175K |
188K |
|
|
|
Jul 31 |
08:30 |
GDP-Adv. |
Q2 |
|
-0.7% |
1.1% |
1.8% |
|
|
|
Jul 31 |
08:30 |
Chain Deflator-Adv. |
Q2 |
|
1.6% |
1.2% |
1.2% |
|
|
|
Jul 31 |
08:30 |
Employment Cost Index |
Q2 |
|
0.4% |
0.4% |
0.3% |
|
|
|
Jul 31 |
09:45 |
Chicago PMI |
Jul |
|
51.5 |
51.5 |
51.6 |
|
|
|
Jul 31 |
10:30 |
Crude Inventories |
07/27 |
|
NA |
NA |
-2.825M |
|
|
|
Jul 31 |
14:00 |
FOMC Rate Decision |
Jul |
|
0.25% |
0.25% |
0.25% |
|
|
|
Aug 01 |
07:30 |
Challenger Job Cuts |
Jul |
|
NA |
NA |
4.8% |
|
|
|
Aug 01 |
08:30 |
Initial Claims |
07/27 |
|
345K |
345K |
343K |
|
|
|
Aug 01 |
08:30 |
Continuing Claims |
07/20 |
|
2995K |
2995K |
2997K |
|
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|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Aug 01 |
10:00 |
ISM Index |
Jul |
|
51.5 |
51.5 |
50.9 |
|
|
Aug 01 |
10:00 |
Construction Spending |
Jun |
|
-0.3% |
0.2% |
0.5% |
|
|
Aug 01 |
10:30 |
Natural Gas Inventories |
07/27 |
|
NA |
NA |
41 bcf |
|
|
Aug 01 |
14:00 |
Auto Sales |
Jul |
|
NA |
NA |
5.7M |
|
|
Aug 01 |
14:00 |
Truck Sales |
Jul |
|
NA |
NA |
6.8M |
|
|
Aug 02 |
08:30 |
Nonfarm Payrolls |
Jul |
|
175K |
175K |
195K |
|
|
Aug 02 |
08:30 |
Nonfarm Private Payrolls |
Jul |
|
190K |
195K |
202K |
|
|
Aug 02 |
08:30 |
Unemployment Rate |
Jul |
|
7.6% |
7.5% |
7.6% |
|
|
Aug 02 |
08:30 |
Hourly Earnings |
Jul |
|
0.2% |
0.2% |
0.4% |
|
|
Aug 02 |
08:30 |
Average Workweek |
Jul |
|
34.5 |
34.5 |
34.5 |
|
|
Aug 02 |
08:30 |
Personal Income |
Jun |
|
0.6% |
0.5% |
0.5% |
|
|
Aug 02 |
08:30 |
Personal Spending |
Jun |
|
0.4% |
0.4% |
0.3% |
|
|
Aug 02 |
08:30 |
PCE Prices - Core |
Jun |
|
0.2% |
0.2% |
0.1% |
|
|
Aug 02 |
10:00 |
Factory Orders |
Jun |
|
2.3% |
2.2% |
2.1% |
|
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 |
1659 |
1673 |
1676 |
1688 |
1698 |
1709 |
|
Sept Nasdaq |
U |
3006 |
3040 |
3055 |
3077 |
3090 |
3106 |
|
Sept Yen |
U |
98.41 |
100.13 |
101.39 |
102.53 |
102.84 |
103.83 |
|
Sept EC |
U |
130.70 |
131.70 |
132.40 |
132.97 |
133.30 |
133.90 |
|
Sept 10 Year |
D |
125.15 |
126.02 |
126.10 |
126.24 |
127.09 |
127.29 |
|
Sept 30 Year |
D |
132.08 |
133.15 |
133.21 |
134.26 |
135.31 |
137.08 |
|
Nov Soybeans |
D |
11.55 |
11.91 |
11.99 |
12.29 |
12.80 |
13.32 |
|
Sept Corn |
D |
4.55 |
4.73 |
4.85 |
4.95 |
5.27 |
5.63 |
|
Aug Gold |
U |
1272 |
1303 |
1321 |
1336 |
1356 |
1379 |
|
Sept Silver |
U |
18.91 |
19.42 |
19.61 |
20.15 |
20.52 |
21.11 |
|
Sept Copper |
U |
305 |
310 |
307 |
312 |
319 |
324 |
|
Sept Crude |
U |
100.86 |
102.72 |
103.09 |
105.30 |
107.42 |
110.30 |
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