9.12.2014
Top Day Market News
Retail sales today should move the needle. The final data point of the week will be the HFT favorite, the University of Michigan consumer confidence number at 9:55 am.
Oil had a short covering rebound yesterday on statements from Putin regarding the Ukraine. Other than that, markets continue to deleverage in front of next week’s event risk. The market is anticipating interest rate decisions and monetary policy decisions by Central Banks. Looking back, the dollar has been in a 9 week rally which is the longest stretch of strength in 15 years.
|
Week of |
|
September 08- |
12 |
|
|
|
|
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Sep 08 |
15:00 |
Consumer Credit |
Jul |
|
$17.0B |
$17.8B |
$17.3B |
|
|
Sep 09 |
10:00 |
JOLTS - Job Openings |
Jul |
|
NA |
NA |
4.671M |
|
|
Sep 10 |
07:00 |
MBA Mortgage Index |
09/06 |
|
NA |
NA |
0.2% |
|
|
Sep 10 |
10:00 |
Wholesale Inventories |
Jul |
|
0.4% |
0.5% |
0.3% |
|
|
Sep 10 |
10:30 |
Crude Inventories |
09/06 |
|
NA |
NA |
-0.905M |
|
|
Sep 11 |
08:30 |
Initial Claims |
09/06 |
|
310K |
300K |
302K |
|
|
Sep 11 |
08:30 |
Continuing Claims |
08/30 |
|
2500K |
2495K |
2464K |
|
|
Sep 11 |
10:30 |
Natural Gas Inventories |
09/06 |
|
NA |
NA |
79 bcf |
|
|
Sep 11 |
14:00 |
Treasury Budget |
Aug |
|
NA |
NA |
-$147.9B |
|
|
Sep 12 |
08:30 |
Retail Sales |
Aug |
|
0.3% |
0.6% |
0.0% |
|
|
Sep 12 |
08:30 |
Retail Sales ex-auto |
Aug |
|
0.3% |
0.3% |
0.1% |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Sep 12 |
08:30 |
Export Prices ex-ag. |
Aug |
|
NA |
NA |
0.3% |
|
|
Sep 12 |
08:30 |
Import Prices ex-oil |
Aug |
|
NA |
NA |
0.0% |
|
|
Sep 12 |
09:55 |
Mich Sentiment |
Sep |
|
83.5 |
83.5 |
82.5 |
|
|
Sep 12 |
10:00 |
Business Inventories |
Jul |
|
0.3% |
0.4% |
0.4% |
|
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 |
1979 |
1993 |
1988 |
2002 |
2016 |
2025 |
|
Sept Nasdaq |
U |
4023 |
4056 |
4068 |
4105 |
41118 |
4147 |
|
Dec Yen |
D |
93.42 |
94.48 |
93.05 |
93.76 |
95.93 |
96.72 |
|
Dec EC |
D |
127.71 |
128.61 |
128.79 |
129.61 |
131.01 |
132.51 |
|
Dec 10 Year Note |
D |
124.06 |
124.20 |
124.04 |
124.22 |
125.20 |
126.06 |
|
Dec 30 Year Bond |
D |
136.12 |
137.06 |
136.15 |
137.22 |
139.15 |
141.30 |
|
Nov Soybeans |
D |
9.834 |
10.02 |
9.69 |
9.94 |
10.39 |
10.57 |
|
Dec Corn |
U |
3.326 |
3.44 |
3.35 |
3.45 |
3.67 |
3.794 |
|
Dec Gold |
D |
1239.80 |
1254.50 |
1226 |
1248 |
1287.4 |
1305.60 |
|
Dec Silver |
D |
18.72 |
18.92 |
18.30 |
18.86 |
19.51 |
19.81 |
|
Dec Copper |
U |
310.80 |
314 |
303 |
311 |
318 |
320.55 |
|
Oct Crude |
D |
90.78 |
93.11 |
91.02 |
94.03 |
95.34 |
97.40 |
|
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