10.17.12
Top Day Market News
Overnight, equity markets are mixed. The euro is higher, trading at a one month high. Moody’s didn’t mark down Spanish debt to junk and this is a positive. Yield on Italian 2 year notes is below 2% and the yield on the Portuguese 10 year is below 8%. Housing starts are up 15% and permits are up 11.6%, both way above expectations and a bond market negative which is in a potential trend reversal day.
|
|
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% |
|
|
|
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% |
|
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
|
|
|
|
|
|
|
|
|
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 |
PRD(U) |
1395.50 |
1408.50 |
1438.75 |
1455.50 |
1445.5 0 |
1470.25 |
|
Dec Nasdaq |
PRDU) |
2641 |
2675 |
2737 |
2785 |
2776.2 5 |
2842.50 |
|
Dec Yen |
PRD(D) |
126.36 |
126.93 |
126.60 |
127.34 |
128.32 |
129.00 |
|
Dec EC |
U |
127.43 |
128.54 |
129.77 |
131.42 |
130.55 |
131.45 |
|
DEC 10 Year |
U |
132.16 |
132.29 |
132.14 |
133.06 |
133.20 |
133.30 |
|
Dec 30 Year |
PRD(D) |
146.04 |
147.27 |
14721 |
149.03 |
150.24 |
151.30 |
|
Nov Soybeans |
D |
14.71 |
14.96 |
14.86 |
15.08 |
15.61 |
15.99 |
|
Dec Corn |
D |
7.09 |
7.31 |
7.33 |
7.48 |
7.75 |
7.97 |
|
DEC Gold |
D |
1734.80 |
1745.10 |
1738 |
1757 |
1774.1 |
1792.80 |
|
Dec Silver |
D |
32.68 |
33.08 |
37.71 |
33.32 |
34.23 |
34.98 |
|
Dec Copper |
D |
363 |
386 |
368 |
374 |
375 |
380 |
|
Nov Crude |
PRD(U) |
86.14 |
89.08 |
91.48 |
92.92 |
94.49 |
96.96 |
|
|
|
|
|
|
|
|
|
