8.14.12
Top Day Market News
Both retails sales and July PPI come in better than expected. Initial reflex to this is higher equities and lower bonds. Bonds have pierced daily technical support of 148.03. PPI is higher due to grain prices. Retail sales are much stronger after three consecutive months of decline. The Fed won’t be happy worth the PPI number. Currency trade is muted so far today, typical for August with the exception of the Yen. These numbers are not helpful to those looking for further stimulus by the Fed.
|
Week of August 13 - August 17 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Aug 14 |
08:30 |
|
Jul |
|
0.0% |
0.2% |
-0.5% |
|
|
Aug 14 |
08:30 |
|
Jul |
|
0.0% |
0.3% |
-0.4% |
|
|
Aug 14 |
08:30 |
|
Jul |
|
0.2% |
0.2% |
0.1% |
|
|
Aug 14 |
08:30 |
|
Jul |
|
0.2% |
0.2% |
0.2% |
|
|
Aug 14 |
10:00 |
|
Jun |
|
0.2% |
0.2% |
0.3% |
|
|
Aug 15 |
07:00 |
MBA Mortgage Index |
08/11 |
|
NA |
NA |
-1.8% |
|
|
Aug 15 |
08:30 |
|
Jul |
|
0.2% |
0.2% |
0.0% |
|
|
Aug 15 |
08:30 |
|
Jul |
|
0.2% |
0.2% |
0.2% |
|
|
Aug 15 |
08:30 |
Empire Manufacturing |
Aug |
|
5.0 |
5.0 |
7.4 |
|
|
Aug 15 |
09:00 |
Net Long-Term TIC Flows |
Jun |
|
NA |
NA |
$55.0B |
|
|
Aug 15 |
09:15 |
|
Jul |
|
1.0% |
0.6% |
0.4% |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Aug 15 |
09:15 |
|
Jul |
|
79.4% |
79.3% |
78.9% |
|
|
Aug 15 |
10:00 |
NAHB Housing Market Index |
Aug |
|
35 |
35 |
35 |
|
|
Aug 15 |
10:30 |
Crude Inventories |
08/11 |
|
NA |
NA |
- 3.729M |
|
|
Aug 16 |
08:30 |
|
08/11 |
|
365K |
368K |
361K |
|
|
Aug 16 |
08:30 |
|
08/04 |
|
3300K |
3300K |
3332K |
|
|
Aug 16 |
08:30 |
|
Jul |
|
770K |
763K |
760K |
|
|
Aug 16 |
08:30 |
|
Jul |
|
750K |
770K |
755K |
|
|
Aug 16 |
10:00 |
|
Aug |
|
-5.0 |
-5.0 |
-12.9 |
|
|
Aug 17 |
09:55 |
|
Aug |
|
71.0 |
72.2 |
72.3 |
|
|
Aug 17 |
10:00 |
|
Jul |
|
0.2% |
0.2% |
-0.3% |
|
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 |
1381.25 |
1392 |
1396.50 |
1410.00 |
1408.5 0 |
1414.25 |
|
Sept Nasdaq |
U |
2654 |
2687 |
2712.50 |
2745.00 |
2739 |
2756 |
|
Sept Yen |
U |
126.50 |
127.17 |
127.39 |
127.88 |
128.27 |
128.70 |
|
Sept EC |
D |
121.25 |
122.11 |
122.76 |
124.40 |
124.15 |
125.35 |
|
Sept 10 Year |
D |
132.18 |
133.05 |
133.09 |
133.26 |
134.10 |
134.28 |
|
Sept 30 Year |
D |
145.26 |
147.10 |
148.03 |
149.07 |
150.11 |
151.28 |
|
Nov Soybeans |
U |
15.09 |
15.76 |
15.63 |
16.35 |
16.89 |
17.35 |
|
|
|
|
|
|
|
|
|
|
Sept Corn |
D |
7.63 |
7.86 |
7.60 |
7.99 |
8.29 |
8.48 |
|
DEC Gold |
U |
1595 |
1609 |
15.98 |
1623.0 |
1633.4 |
1643.7 |
|
Sept Silver |
PRD(D) |
27.18 |
27.61 |
27.40 |
28.04 |
28.40 |
28.75 |
|
Sept Copper |
PRD(D) |
329 |
355 |
330 |
338 |
345 |
350 |
|
Sept Crude |
D |
88.82 |
91.10 |
90.88 |
93.89 |
95.19 |
97.00 |
|
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