09-27-2013
Top Day Market News
Personal income and spending out at 8:30 while the University of Michigan will gage consume sentiment at 9:55. Markets pretty much stayed within their proscribed ranges yesterday while waiting for the grand denouement of the budget impasse in Washington. The markets overconfidently suggested that a serious consequence will be avoided by the way they performed yesterday; Bonds sold off as did the Yen while stocks traded without conviction. Really.
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Week of September 23 - September 27 |
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Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Sep 24 |
09:00 |
Case-Shiller 20-city Index |
Jul |
10.0% |
11.5% |
12.1% |
|
|
Sep 24 |
09:00 |
FHFA Housing Price Index |
Jul |
NA |
NA |
0.7% |
|
|
Sep 24 |
10:00 |
Consumer Confidence |
Sep |
83.0 |
80.0 |
81.5 |
|
|
Sep 25 |
07:00 |
MBA Mortgage Index |
09/21 |
NA |
NA |
11.2% |
|
|
Sep 25 |
08:30 |
Durable Orders |
Aug |
-1.5% |
0.4% |
-7.4% |
-7.3% |
|
Sep 25 |
08:30 |
Durable Goods –ex trans |
Aug |
0.2% |
0.9% |
-0.8% |
-0.6% |
|
Sep 25 |
10:00 |
New Home Sales |
Aug |
390K |
416K |
394K |
|
|
Sep 25 |
10:30 |
Crude Inventories |
09/21 |
NA |
NA |
- 4.368M |
|
|
Sep 26 |
08:30 |
Initial Claims |
09/21 |
335K |
325K |
309K |
|
|
Sep 26 |
08:30 |
Continuing Claims |
09/14 |
2750K |
2775K |
2787K |
|
|
Sep |
08:30 |
GDP - Third Estimate |
Q2 |
2.5% |
2.5% |
2.5% |
|
|
Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
26 |
|
|
|
|
|
|
|
Sep 26 |
08:30 |
GDP Deflator - Third Est |
Q2 |
0.8% |
0.8% |
0.8% |
|
Sep 26 |
10:00 |
Pending Home Sales |
Aug |
-2.5% |
-2.3% |
-1.3% |
|
Sep 26 |
10:30 |
Natural Gas Inventories |
09/21 |
NA |
NA |
46 bcf |
|
Sep 27 |
08:30 |
Personal Income |
Aug |
0.2% |
0.4% |
0.1% |
|
Sep 27 |
08:30 |
Personal Spending |
Aug |
0.2% |
0.2% |
0.1% |
|
Sep 27 |
08:30 |
PCE Prices - Core |
Aug |
0.1% |
0.1% |
0.1% |
|
Sep 27 |
09:55 |
Michigan Sentiment - Final |
Sep |
77.0 |
77.3 |
76.8 |
|
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 |
D |
1667 |
1685 |
1681 |
1690 |
1724 |
1745 |
Dec Nasdaq |
U |
3120 |
3168 |
3207 |
3240 |
3253 |
3290 |
Dec Yen |
U |
99.16 |
99.93 |
100.84 |
101.74 |
101.90 |
130.10 |
Dec EC |
D |
132.31 |
133.74 |
134.42 |
135.21 |
136.21 |
137.19 |
DEC 10 Year |
U |
122.24 |
124.00 |
125.24 |
126.08 |
126.08 |
127.07 |
DEC 30 Year |
U |
128.13 |
130.02 |
132.18 |
133.14 |
132.29 |
134.23 |
Nov Soybean |
D |
12.70 |
12.92 |
13.06 |
13.14 |
13.56 |
13.97 |
Dec Corn |
D |
4.38 |
4.49 |
4.52 |
4.59 |
4.63 |
4.74 |
Dec Gold |
D |
1247 |
1286 |
|
|
1370 |
1414 |
Dec Silver |
D |
19.93 |
21.40 |
22.64 |
|
23.08 |
24.37 |
Dec Copper |
D |
312 |
321 |
327 |
333 |
337 |
344 |
Nov Crude |
D |
102.03 |
103.42 |
101.69 |
103.36 |
107.17 |
109.80 |
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