11.06.13
Top Day Market News
Leading Economic Indicators at 10 and crude inventories at 10:30. Overnight, Factory orders in Germany came in stronger than previously forecast. EC was higher on this and on the belief that the ECB will not lower interest rates tomorrow at their regularly scheduled meeting. Metals rebounded from short term oversold levels on a weaker dollar. NOB (notes over bonds) deteriorates down to support which is at 604. Long corn/short wheat continues to look interesting.
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Week of November 04 - November 08 |
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Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
|
Nov 04 |
10:00 |
Factory Orders |
Aug |
0.3% |
0.3% |
-2.4% |
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|
Nov 04 |
10:00 |
Factory Orders |
Sep |
1.5% |
1.8% |
NA |
|
|
Nov 05 |
10:00 |
ISM Services |
Oct |
55.0 |
54.0 |
54.4 |
|
|
Nov 06 |
07:00 |
MBA Mortgage Index |
11/02 |
NA |
NA |
6.4% |
|
|
Nov 06 |
10:00 |
Leading Indicators |
Sep |
0.6% |
0.6% |
0.7% |
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|
Nov 06 |
10:30 |
Crude Inventories |
11/02 |
NA |
NA |
4.087 |
|
|
Nov 07 |
07:30 |
Challenger Job Cuts |
Oct |
NA |
NA |
19.1% |
|
|
Nov 07 |
08:30 |
Initial Claims |
11/02 |
335K |
335K |
340K |
|
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Nov 07 |
08:30 |
Continuing Claims |
10/26 |
2875K |
2863K |
2881K |
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Nov |
08:30 |
GDP-Adv. |
Q3 |
2.4% |
1.9% |
2.5% |
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Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
Nov 07 |
08:30 |
Chain Deflator-Adv. |
Q3 |
2.0% |
1.4% |
0.6% |
|
Nov 07 |
10:30 |
Natural Gas Inventories |
11/02 |
NA |
NA |
38 bcf |
|
Nov 07 |
15:00 |
Consumer Credit |
Sep |
$13.0B |
$11.0B |
$13.6B |
|
Nov 08 |
08:30 |
Nonfarm Payrolls |
Oct |
85K |
100K |
148K |
|
Nov 08 |
08:30 |
Nonfarm Private Payrolls |
Oct |
110K |
110K |
126K |
|
Nov 08 |
08:30 |
Unemployment Rate |
Oct |
7.4% |
7.3% |
7.2% |
|
Nov 08 |
08:30 |
Hourly Earnings |
Oct |
0.2% |
0.2% |
0.1% |
|
Nov 08 |
08:30 |
Average Workweek |
Oct |
34.5 |
34.4 |
34.5 |
|
Nov 08 |
08:30 |
Personal Income |
Sep |
0.2% |
0.2% |
0.4% |
|
Nov 08 |
08:30 |
Personal Spending |
Sep |
0.1% |
0.2% |
0.3% |
|
Nov 08 |
08:30 |
PCE Prices - Core |
Sep |
0.1% |
0.1% |
0.2% |
|
Nov 08 |
09:55 |
Mich Sentiment |
Nov |
75.0 |
75.3 |
73.2 |
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 |
1732 |
1743 |
1751 |
1770 |
1769 |
1784 |
|
Dec Nasdaq |
U |
3331 |
3350 |
33660 |
6410 |
3394 |
3420 |
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Dec Yen |
PRD(U) |
100.22 |
100.74 |
101.25 |
101.77 |
102.21 |
103.16 |
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Dec EC |
D |
132.50 |
133.75 |
134.42 |
135.57 |
167.07 |
139.36 |
|
DEC 10 Year |
D |
125.25 |
126.09 |
126.09 |
126.30 |
127.21 |
128.17 |
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Dec 30 Year |
D |
132.09 |
133.00 |
132.15 |
133.25 |
135.03 |
136.05 |
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Jan Soybean |
U |
12.21 |
12.31 |
12.44 |
12.59 |
12.80 |
13.09 |
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Dec Corn |
D |
4.16 |
4.24 |
4.23 |
4.28 |
4.36 |
4.45 |
|
DECGold |
D |
1271 |
1303 |
1302 |
1326 |
1349 |
1383 |
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Dec Silver |
D |
20.82 |
21.34 |
21.53 |
21.89 |
22.73 |
23.60 |
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Dec Copper |
D |
320.50 |
325 |
324 |
329 |
333 |
357 |
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Dec Crude |
D |
92.16 |
93.03 |
92.66 |
94.49 |
97.49 |
100.38 |
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