10.7.13
Top Day Market News
No eco releases as the government remains closed. This is the eighteenth shutdown in modern terms. Resolution seems more than ever. The dollar remains generally weaker as does crude in this environment. Flight to quality items such as the Yen and Bonds currently have a floor under them on pullbacks.
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Week of October 07 - October 11 |
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Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
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|
Oct 07 |
15:00 |
Consumer Credit |
Aug |
$12.0B |
$11.8B |
$10.4B |
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Oct 08 |
08:30 |
Trade Balance |
Aug |
-$40.0B |
-$38.6B |
-$39.1B |
|
|
Oct 08 |
10:00 |
JOLTS - Job Openings |
Aug |
NA |
NA |
3.689M |
|
|
Oct 09 |
07:00 |
MBA Mortgage Index |
10/05 |
NA |
NA |
-0.4% |
|
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Oct 09 |
10:00 |
Wholesale Inventories |
Aug |
0.2% |
0.3% |
0.1% |
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Oct 09 |
10:30 |
Crude Inventories |
10/05 |
NA |
NA |
5.472M |
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Oct 09 |
14:00 |
FOMC Minutes |
9/18 |
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|
|
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Oct 10 |
08:30 |
Initial Claims |
10/05 |
315K |
318K |
308K |
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Oct 10 |
08:30 |
Continuing Claims |
9/28 |
2900K |
2903K |
2925K |
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Oct 10 |
08:30 |
Export Prices ex- ag. |
Sep |
NA |
NA |
-0.1% |
|
|
Oct 10 |
08:30 |
Import Prices ex-oil |
Sep |
NA |
NA |
-0.2% |
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Oct 10 |
10:30 |
Natural Gas Inventories |
10/05 |
NA |
NA |
101 bcf |
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|
Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
Oct 10 |
14:00 |
Treasury Budget |
Sep |
NA |
NA |
+$75.180B |
|
Oct 11 |
08:30 |
Retail Sales |
Sep |
-0.2% |
-0.1% |
0.2% |
|
Oct 11 |
08:30 |
Retail Sales ex- auto |
Sep |
0.2% |
0.2% |
0.1% |
|
Oct 11 |
08:30 |
PPI |
Sep |
0.2% |
0.2% |
0.3% |
|
Oct 11 |
08:30 |
Core PPI |
Sep |
0.1% |
0.1% |
0.0% |
|
Oct 11 |
09:55 |
Mich Sentiment |
Oct |
73.0 |
74.5 |
77.5 |
|
Oct 11 |
10:00 |
Business Inventories |
Aug |
0.2% |
0.2% |
0.4% |
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
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Trend |
WS2 |
WS1 |
DS |
DR |
WR1 |
WR2 |
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Dec ES |
D |
1650 |
1669 |
1660 |
1691 |
1695 |
1708 |
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Dec Nasdaq |
U |
3147 |
3190 |
3184 |
3249 |
3263 |
3293 |
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Dec Yen |
U |
100.53 |
101.60 |
102.44 |
103.42 |
103.47 |
104.27 |
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Dec EC |
U |
133.93 |
134.75 |
135.21 |
136.15 |
136.44 |
137.31 |
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DEC 10 Yr |
U |
125.13 |
125.25 |
125.31 |
126.26 |
126.22 |
127.07 |
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Dec 30 Year |
U |
131.30 |
132.15 |
132.22 |
133.24 |
133.22 |
134.13 |
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Nov Soybeans |
U |
12.38 |
12.65 |
12.84 |
13.09 |
13.20 |
13.45 |
|
Dec Corn |
U |
4.19 |
4.31 |
4.40 |
4.45 |
4.58 |
4.73 |
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DEC Gold |
D |
1237 |
1274 |
1301 |
1322 |
1351 |
1390 |
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Dec Silver |
U |
20.01 |
20.87 |
21.52 |
21.95 |
22.35 |
22.97 |
|
Dec Copper |
U |
320 |
325 |
323 |
332 |
334 |
338 |
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Oct Crude |
D |
99.70 |
102.74 |
102.37 |
104.38 |
105.03 |
106.37 |
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