10.18.12
Top Day Market News
Weekly jobless claims come in at +46K. This is being blamed on seasonal considerations, an unwinding of effects seen at the beginning of the 3rd quarter. This is a mild positive for the bond market. The yield on the 10 year had been at 4 week highs. Corporate earnings this morning have been mostly positive.
Technically, gold and silver could have reversed intermediate trends today with a higher close but this looks as though this is not going to happen. Newsweek going all online soon ending 80 years being a printed publication. Yet another EU summit is set to begin.
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Week of October 15 - October 19 |
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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% |
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|
|
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% |
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|
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 |
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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 |
U |
1395.50 |
1408.50 |
1449.50 |
1465 |
1445.5 0 |
1470.25 |
|
Dec Nasdaq |
U |
2641 |
2675 |
2756 |
2792 |
2776.2 5 |
2842.50 |
|
Dec Yen |
D |
126.36 |
126.93 |
126.12 |
127.11 |
128.32 |
129.00 |
|
Dec EC |
U |
127.43 |
128.54 |
130.66 |
131.56 |
130.55 |
131.45 |
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|
|
|
|
|
|
|
|
DEC 10 Year |
U |
132.16 |
132.29 |
131.15 |
132.19 |
133.20 |
133.30 |
|
Dec 30 Year |
D |
146.04 |
147.27 |
145.30 |
147.25 |
150.24 |
151.30 |
|
Nov Soybeans |
D |
14.71 |
14.96 |
14.93 |
15.26 |
15.61 |
15.99 |
|
Dec Corn |
PRD(U) |
7.09 |
7.31 |
7.39 |
7.52 |
7.75 |
7.97 |
|
DEC Gold |
PRD(U) |
1734.80 |
1745.10 |
1746 |
1757 |
1774.1 |
1792.80 |
|
Dec Silver |
PRD(U) |
32.68 |
33.08 |
32.97 |
33.39 |
34.23 |
34.98 |
|
Dec Copper |
PRD(U) |
363 |
386 |
370 |
379 |
375 |
380 |
|
Nov Crude |
U |
86.14 |
89.08 |
91.49 |
92.79 |
94.49 |
96.96 |
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