12.10.2013
Top Day Market News
Just wholesale inventories today at 10. Remember that the last reading of GDP was better than expected due to inventory buildup. Just have to get that inventory sold.
Overnight, fairly quiet with equities grinding higher. British Pound is steady on higher on real estate values there. The EC is at a six week high. Crude is higher on ideas that inventories will decline for a second straight week. The Yen can reverse its intermediate trend today.
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Week of December 09 - December 13 |
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Dec 10 |
10:00 |
Wholesale Inventories |
Oct |
|
0.3% |
0.3% |
0.4% |
|
|
|
Dec 10 |
10:00 |
JOLTS - JobOpenings |
Oct |
|
NA |
NA |
3.913M |
|
|
|
Dec 11 |
07:00 |
MBA Mortgage Index |
12/07 |
|
NA |
NA |
-12.8% |
|
|
|
Dec 11 |
10:30 |
Crude Inventories |
12/07 |
|
NA |
NA |
-5.585M |
|
|
|
Dec 11 |
14:00 |
Treasury Budget |
Nov |
|
NA |
NA |
-$172.1B |
|
|
|
Dec 12 |
08:30 |
Initial Claims |
12/07 |
|
325K |
315K |
298K |
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|
|
Dec 12 |
08:30 |
Continuing Claims |
11/30 |
|
2750K |
2750K |
2744K |
|
|
|
Dec 12 |
08:30 |
Retail Sales |
Nov |
|
0.9% |
0.6% |
0.4% |
|
|
|
Dec 12 |
08:30 |
Retail Sales ex-auto |
Nov |
|
0.5% |
0.3% |
0.2% |
|
|
|
Dec 12 |
08:30 |
Export Prices ex-ag. |
Nov |
|
NA |
NA |
-0.4% |
|
|
|
Dec 12 |
08:30 |
Import Prices ex-oil |
Nov |
|
NA |
NA |
0.0% |
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|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Dec 12 |
10:00 |
Business Inventories |
Oct |
|
0.3% |
0.3% |
0.6% |
|
|
Dec 12 |
10:30 |
Natural Gas Inventories |
12/07 |
|
NA |
NA |
NA |
|
|
Dec 13 |
08:30 |
PPI |
Nov |
|
-0.1% |
-0.1% |
-0.2% |
|
|
Dec 13 |
08:30 |
Core PPI |
Nov |
|
0.1% |
0.1% |
0.2% |
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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 |
PRD(U) |
1767 |
1786 |
1801 |
1815 |
1817 |
1828 |
|
Dec Nasdaq |
U |
3432 |
3469 |
3507 |
3535 |
3526 |
3547 |
|
Dec Yen |
PRD(D) |
9577 |
9647 |
96.53 |
97.37 |
9814 |
9911 |
|
Dec EC |
U |
134.58 |
135.77 |
137.07 |
137.79 |
137.62 |
138.28 |
|
Mar 10 Year Note |
D |
122.27 |
123.17 |
124.05 |
124.24 |
125.03 |
126.00 |
|
Mar 30 Year Bond |
U |
126.20 |
127.25 |
129.01 |
129.31 |
130.01 |
131.22 |
|
Jan Soybeans |
U |
12.92 |
13.09 |
13.29 |
13.52 |
13.43 |
13.62 |
|
Mar Corn |
U |
4.09 |
4.22 |
4.34 |
4.40 |
4.43 |
4.51 |
|
Feb Gold |
PRD(U) |
1189 |
1209.5 |
1225 |
1254 |
1250.9 |
1274.1 |
|
March Silver |
PRD(U) |
18.36 |
18.93 |
19.43 |
20.25 |
20.05 |
20.59 |
|
March Copper |
U |
312 |
318 |
324 |
326 |
328 |
332 |
|
Jan Crude |
U |
93.00 |
94.42 |
97.48 |
98.34 |
99.94 |
101.85 |
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