09-11-2013
Top Day Market News
Wholesale inventories and crude inventories today. Last night, the President spoke about Syria and suggested that he would step back from an immediate military response.
Overnight, Chinese stocks were at a three month high, the Yen at a seven week low with treasury yields at a 2 year high as flight to quality recedes. Trading in stock index futures very flat with contracting ranges, a negative.
Never forget.
|
Sep 09 |
15:00 |
Consumer Credit |
Jul |
|
$13.0B |
$13.0B |
$13.8B |
|
|
Sep 10 |
10:00 |
JOLTS - Job Openings |
Jul |
|
NA |
NA |
3.936M |
|
|
Sep 11 |
07:00 |
MBA Mortgage Index |
09/07 |
|
NA |
NA |
1.3% |
|
|
Sep 11 |
10:00 |
Wholesale Inventories |
Jul |
|
0.2% |
0.2% |
-0.2% |
|
|
Sep 11 |
10:30 |
Crude Inventories |
09/07 |
|
NA |
NA |
-1.836M |
|
|
Sep 12 |
08:30 |
Initial Claims |
09/07 |
|
330K |
327K |
323K |
|
|
Sep 12 |
08:30 |
Continuing Claims |
08/31 |
|
2975K |
2975K |
2951K |
|
|
Sep 12 |
08:30 |
Export Prices ex-ag. |
Aug |
|
NA |
NA |
0.0% |
|
|
Sep 12 |
08:30 |
Import Prices ex-oil |
Aug |
|
NA |
NA |
-0.4% |
|
|
Sep 12 |
10:30 |
Natural Gas Inventories |
09/07 |
|
NA |
NA |
58 bcf |
|
|
Sep 12 |
14:00 |
Treasury Budget |
Aug |
|
NA |
NA |
-$190.5B |
|
|
Sep 13 |
08:30 |
Retail Sales |
Aug |
|
0.5% |
0.4% |
0.2% |
|
|
Sep 13 |
08:30 |
Retail Sales ex-auto |
Aug |
|
0.5% |
0.3% |
0.5% |
|
|
Sep 13 |
08:30 |
PPI |
Aug |
|
0.2% |
0.2% |
0.0% |
|
|
Sep 13 |
08:30 |
Core PPI |
Aug |
|
0.1% |
0.1% |
0.1% |
|
|
Sep 13 |
09:55 |
Mich Sentiment |
Sep |
|
81.0 |
82.0 |
82.1 |
|
|
Sep 13 |
10:00 |
Business Inventories |
Jul |
|
0.2% |
0.3% |
0.0% |
|
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 |
1616 |
1635 |
1673 |
1687 |
1666 |
1685 |
|
Sept Nasdaq |
U |
3045 |
3089 |
3120 |
3192 |
3163 |
3194 |
|
Sept Yen |
D |
98.77 |
99.77 |
98.87 |
102.29 |
101.77 |
102.77 |
|
Sept EC |
U |
130.49 |
131.15 |
132.11 |
133.05 |
132.37 |
132.93 |
|
DEC 10 Year |
D |
121.11 |
122.04 |
122.17 |
123.05 |
123.26 |
124.22 |
|
DEC 30 Year |
D |
126.80 |
127.26 |
128.05 |
129.23 |
130.25 |
132.18 |
|
Nov Soybeans |
D |
12.96 |
13.32 |
13.29 |
13.65 |
14.05 |
14.43 |
|
Dec Corn |
D |
4.36 |
4.52 |
4.63 |
4.72 |
4.89 |
5.09 |
|
Dec Gold |
PRD(D) |
13330 |
1359 |
1350.50 |
1384 |
1417 |
1445 |
|
Dec Silver |
D |
22.32 |
23.09 |
22.63 |
23.61 |
24.58 |
25.30 |
|
Dec Coppe r |
D |
316 |
321 |
324 |
328 |
331 |
337 |
|
Oct Crude |
D |
101.89 |
106.06 |
105.01 |
108.76 |
112.55 |
114.87 |
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