10.16.12
Top Day Market News
Headline Consumer Price Index comes in at +0.6 with the core rate (minus food and energy) comes in at +0.1%. The headline is hotter than expected. The core rate is cooler than expected. Industrial production and capacity utilization will be released at 9:15. Japan is about to become the single greatest holder of US debt supplanting China. As much as there is a concern voiced over the levels of foreign holdings of US debt, the positive aspect is that the demand is skewed to the buy side and brings down the cost of financing deficits. Bids to buy US debt is running at a record $3.17 for each dollar of debt offered. 10 year yields are at 1.68 percent compared to 2.25% a year ago.
|
Week of October 15 - October 19 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Oct 15 |
08:30 |
|
Sep |
|
1.0% |
0.7% |
0.9% |
|
|
Oct 15 |
08:30 |
|
Sep |
|
0.7% |
0.6% |
0.8% |
|
|
Oct 15 |
08:30 |
Empire Manufacturing |
Oct |
|
-2.0 |
-2.8 |
-10.4 |
|
|
Oct 15 |
10:00 |
|
Aug |
|
0.5% |
0.5% |
0.8% |
|
|
Oct 16 |
08:30 |
|
Sep |
|
0.5% |
0.5% |
0.6% |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Oct 16 |
08:30 |
|
Sep |
|
0.1% |
0.2% |
0.1% |
|
|
Oct 16 |
09:00 |
Net Long-Term TIC Flows |
Aug |
|
NA |
NA |
$67.0B |
|
|
Oct 16 |
09:15 |
|
Sep |
|
0.0% |
0.3% |
-1.2% |
|
|
Oct 16 |
09:15 |
|
Sep |
|
78.2% |
78.3% |
78.2% |
|
|
Oct 16 |
10:00 |
NAHB Housing Market Index |
Oct |
|
42 |
42 |
40 |
|
|
Oct 17 |
07:00 |
MBA Mortgage Index |
10/13 |
|
NA |
NA |
-1.2% |
|
|
Oct 17 |
08:30 |
|
Sep |
|
765K |
768K |
750K |
|
|
Oct 17 |
08:30 |
|
Sep |
|
815K |
815K |
803K |
|
|
Oct 17 |
10:30 |
Crude Inventories |
10/13 |
|
NA |
NA |
1.672M |
|
|
Oct 18 |
08:30 |
|
10/13 |
|
370K |
360K |
339K |
|
|
Oct 18 |
08:30 |
|
10/6 |
|
3275K |
3275K |
3273K |
|
|
Oct 18 |
10:00 |
|
Oct |
|
0.0 |
-0.1 |
-1.9 |
|
|
Oct 18 |
10:00 |
|
Sep |
|
0.1% |
0.2% |
-0.1% |
|
|
Oct 19 |
10:00 |
|
Sep |
|
4.90M |
4.70M |
4.82M |
|
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 |
1395.50 |
1408.50 |
1422.50 |
1442.50 |
1445.5 0 |
1470.25 |
|
Dec Nasdaq
|
D |
2641 |
2675 |
2712 |
2743 |
2776.2 5 |
2842.50 |
|
Dec Yen
|
U |
126.36 |
126.93 |
126.37 |
127.64 |
128.32 |
129.00 |
|
Dec EC
|
U |
127.43 |
128.54 |
129.02 |
130.33 |
130.55 |
131.45 |
|
DEC 10 Year
|
U |
132.16 |
132.29 |
133.01 |
133.14 |
133.20 |
133.30 |
|
Dec 30 Year
|
U |
146.04 |
147.27 |
149.01 |
149.27 |
150.24 |
151.30 |
|
Nov Soybeans
|
D |
14.71 |
14.96 |
14.78 |
15.33 |
15.61 |
15.99 |
|
Dec Corn
|
D |
7.09 |
7.31 |
7.29 |
7.48 |
7.75 |
7.97 |
|
DEC Gold
|
D |
1734.80 |
1745.10 |
1726 |
1752 |
1774.1 |
1792.80 |
|
Dec Silver
|
D |
32.68 |
33.08 |
32.38 |
33.28 |
34.23 |
34.98 |
|
Dec Copper
|
D |
363 |
386 |
366 |
375 |
375 |
380 |
|
Nov Crude
|
D |
86.14 |
89.08 |
90.31 |
92.77 |
94.49 |
96.96 |
