9.30.2014
Top Day Market News
Trading ranges tighten in front of the event risk of the ECB meeting on Thursday and the non farm payroll number on Friday. HK continues on with their democracy rallies. Today we get Chicago Purchasing Managers’ Index at 9:45 and Consumer Confidence at 10. Bonds remain well bid on geopolitical risk. Supply disruptions for oil distribution have failed to materialize while the market remains oversupplied.
|
Week |
of |
September 29 - October 03 |
|
|
|
|
|
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Sep 29 |
08:30 |
Personal Income |
Aug |
|
0.4% |
0.3% |
0.2% |
|
|
Sep 29 |
08:30 |
Personal Spending |
Aug |
|
0.5% |
0.4% |
-0.1% |
|
|
Sep 29 |
08:30 |
PCE Prices - Core |
Aug |
|
0.0% |
0.0% |
0.1% |
|
|
Sep 29 |
10:00 |
Pending Home Sales |
Aug |
|
-2.0% |
-0.2% |
3.3% |
|
|
Sep 30 |
09:00 |
Case-Shiller 20-city Index |
Jul |
|
7.0% |
7.4% |
8.1% |
|
|
Sep 30 |
09:45 |
Chicago PMI |
Sep |
|
59.0 |
61.5 |
64.3 |
|
|
Sep 30 |
10:00 |
Consumer Confidence |
Sep |
|
93.0 |
92.0 |
92.4 |
|
|
Oct 01 |
07:00 |
MBA Mortgage Index |
09/27 |
|
NA |
NA |
-4.1% |
|
|
Oct 01 |
08:15 |
ADP Employment Change |
Sep |
|
225K |
202K |
204K |
|
|
Oct 01 |
10:00 |
ISM Index |
Sep |
|
60.0 |
58.5 |
59.0 |
|
|
Oct 01 |
10:00 |
Construction Spending |
Aug |
|
0.5% |
0.4% |
1.8% |
|
|
Oct 01 |
10:30 |
Crude Inventories |
09/27 |
|
NA |
NA |
- 4.273M |
|
|
Oct 01 |
14:00 |
Auto Sales |
Sep |
|
NA |
NA |
6.2M |
|
|
Oct 01 |
14:00 |
Truck Sales |
Sep |
|
NA |
NA |
7.9M |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Oct 02 |
07:30 |
Challenger Job Cuts |
Sep |
|
NA |
NA |
-20.7% |
|
|
Oct 02 |
08:30 |
Initial Claims |
09/27 |
|
300K |
297K |
293K |
|
|
Oct 02 |
08:30 |
Continuing Claims |
09/20 |
|
2450K |
2458K |
2439K |
|
|
Oct 02 |
10:00 |
Factory Orders |
Aug |
|
-9.5% |
-9.3% |
10.5% |
|
|
Oct 02 |
10:30 |
Natural Gas Inventories |
09/27 |
|
NA |
NA |
97 bcf |
|
|
Oct 03 |
08:30 |
Nonfarm Payrolls |
Sep |
|
245K |
210K |
142K |
|
|
Oct 03 |
08:30 |
Nonfarm Private Payrolls |
Sep |
|
230K |
205K |
134K |
|
|
Oct 03 |
08:30 |
Unemployment Rate |
Sep |
|
6.1% |
6.1% |
6.1% |
|
|
Oct 03 |
08:30 |
Hourly Earnings |
Sep |
|
0.2% |
0.2% |
0.2% |
|
|
Oct 03 |
08:30 |
Average Workweek |
Sep |
|
34.5 |
34.5 |
34.5 |
|
|
Oct 03 |
08:30 |
Trade Balance |
Aug |
|
-$43.0B |
-$40.9B |
- $40.5B |
|
|
Oct 03 |
10:00 |
ISM Services |
Sep |
|
59.0 |
58.9 |
59.6 |
|
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 |
|
Dec ES |
D |
1951 |
1952 |
1957 |
1979 |
1999 |
2024 |
|
Dec Nasdaq |
D |
3950 |
3997 |
4005 |
4058 |
4091 |
4138 |
|
Dec Yen |
D |
90.61 |
91.08 |
91.17 |
91.68 |
92.23 |
92.91 |
|
Dec EC |
D |
125.34 |
126.11 |
126.72 |
127.34 |
128.36 |
129.84 |
|
Dec 10 Year Note |
U |
123.19 |
124.01 |
124.15 |
124.30 |
124.30 |
125.12 |
|
Dec 30 Year Bond |
U |
135.30 |
136.26 |
137.23 |
138.24 |
138.13 |
139.04 |
|
Nov Soybeans |
D |
8.79 |
8.98 |
9.11 |
9.30 |
9.40 |
9.69 |
|
Dec Corn |
D |
3.17 |
3.20 |
3.23 |
3.27 |
3.28 |
3.34 |
|
Dec Gold |
PRD(D) |
1191 |
1205 |
1210.70 |
1223 |
1235 |
1251 |
|
Dec Silver |
U |
16.91 |
17.29 |
17.42 |
17.68 |
18.00 |
18.35 |
|
Dec Copper |
PRD(U) |
298 |
301 |
302.40 |
307.00 |
307 |
311.50 |
|
Nov Crude |
PRD(U) |
89.10 |
91.20 |
93.32 |
95.22 |
94.60 |
95.90 |
|
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