9.25.12
Top Day Market News
With the expectation of continuing improvement in the housing sector and the expectation that there will be an uptick in consumer confidence, stocks are continuing to drift higher this morning. Oil has linked to equities for the moment but faces strong resistance at 94 with an eventual target of 87. Canadain retail sales came in better than expected. On the other hand, Staples is closing 60 stores as a cost cutting measure. Expect the market to thin around 2:30 this afternoon ahead of the religious holiday tomorrow.
|
Week of September 24 - September 28 |
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|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Sep 25 |
09:00 |
Case-Shiller 20-city Index |
Jul |
|
1.5% |
0.8% |
0.5% |
|
|
Sep 25 |
10:00 |
|
Sep |
|
62.0 |
63.0 |
60.6 |
|
|
|
||||||||
|
Sep 25 |
10:00 |
FHFA Housing Price Index |
Jul |
|
NA |
NA |
0.7% |
|
|
Sep 26 |
07:00 |
MBA Mortgage Index |
09/22 |
|
NA |
NA |
-0.2% |
|
|
Sep 26 |
10:00 |
|
Aug |
|
390K |
380K |
372K |
|
|
Sep 26 |
10:30 |
Crude Inventories |
09/22 |
|
NA |
NA |
8.534M |
|
|
Sep 27 |
08:30 |
|
09/22 |
|
380K |
380K |
382K |
|
|
Sep 27 |
08:30 |
|
09/15 |
|
3300K |
3270K |
3272K |
|
|
Sep 27 |
08:30 |
|
Aug |
|
-6.5% |
-5.1% |
4.1% |
4.2% |
|
Sep |
08:30 |
Aug |
|
-0.5% |
-0.3% |
-0.6% |
-0.4% |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
27 |
|
|
|
|
|
|
|
|
|
Sep 27 |
08:30 |
|
Q2 |
|
1.7% |
1.7% |
1.7% |
|
|
Sep 27 |
08:30 |
Q2 |
|
1.6% |
1.6% |
1.6% |
|
|
|
Sep 27 |
10:00 |
Pending Home Sales |
Aug |
|
2.0% |
1.0% |
2.4% |
|
|
Sep 28 |
08:30 |
|
Aug |
|
0.1% |
0.2% |
0.3% |
|
|
Sep 28 |
08:30 |
|
Aug |
|
0.6% |
0.5% |
0.4% |
|
|
Sep 28 |
08:30 |
|
Aug |
|
0.1% |
0.1% |
0.0% |
|
|
Sep 28 |
09:45 |
|
Sep |
|
52.0 |
52.8 |
53.0 |
|
|
Sep 28 |
09:55 |
Sep |
|
79.0 |
79.0 |
79.2 |
|
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 |
|
Dec ES
|
U |
1433 |
1450 |
1447.50 |
1459.25 |
1461 |
1471 |
|
Dec Nasdaq
|
PRD(D) |
2819 |
2825 |
2845 |
2878 |
2870 |
2888 |
|
Dec Yen
|
U |
125.59 |
126.82 |
127.78 |
128.39 |
128.77 |
129.49 |
|
Dec EC
|
U |
127.85 |
128.93 |
129.15 |
130.51 |
131.46 |
132.91 |
|
DEC Sept 10 Year
|
U |
143.06 |
145.01 |
146.13 |
147.19 |
148.05 |
149.14 |
|
Dec 30 Year |
U |
143.06 |
145.01 |
146.13 |
147.19 |
148.05 |
149.14 |
|
Nov Soybeans
|
D |
15.26 |
15.79 |
15.91 |
16.38 |
17.02 |
17.83 |
|
Dec Corn
|
D |
7.14 |
7.31 |
7.39 |
7.53 |
7.73 |
7.98 |
|
DEC Gold
|
U |
1735.8 |
1755.3 |
1758.1 |
1788 |
1792 |
1809 |
|
Dec Silver
|
U |
33.13 |
33.83 |
33.85 |
35.14 |
35.25 |
35.96 |
|
Dec Copper
|
U |
366 |
371 |
375 |
380 |
383 |
389 |
|
Oct Crude
|
D |
85.72 |
89.34 |
91.85 |
93.62 |
98.19 |
103.42 |
|
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