Archive for ‘resistance’

ES Emini: Pivot and Fed Announcements, Commentary.

By , 8 November, 2009, No Comment
ESZ9
For 11/09/2009
How To Use
Symbol R1 R2 Pivot S1 S2
ESZ9 1072.67 1079.08 1063.08 1056.67 1047.08

Fed and Agency Announcements

Monday’s Pivot info is above.
Not a whole lot relevant of day trading info on Monday, with the exception of some bill and note auctions.  All sorts of chatter on the ES Emini day trading chat boards, the doom and gloom crowd is out in force, and with good reason, though there is an infinite realm of political and economic possibilities.  I can’t say I fully understand the market of late, and I am thankful I am a scalper so I don’t have to try to pick the market direction.  I have not the slightest idea which way we are headed.
If you haven’t watched these FREE Videos, you are missing great info

day trading course

Daily Pivot and Fed Economic Data for Monday

By , 1 November, 2009, No Comment
ESZ9
For 11/02/2009
How To Use
Symbol R1 R2 Pivot S1 S2
ESZ9 1054.00 1075.00 1041.75 1020.75 1008.50

Federal Agency Announcements and Economic Data

ISM Mfg Index
[Report][Star]10:00 AM ET

Daniel Tarullo Speaks
10:30 AM ET

ISM Mfg Index Consensus

Market Consensus Before Announcement
The Institute for Supply Management’s manufacturing index was little changed in September at 52.6 from August’s 52.9. Importantly, it was still over 50, indicating that more purchasers are reporting expansion rather than contraction. The new orders softened a bit in September, but remained very positive and strong at 60.8—down from 64.9 in August. Prices paid continue to show upward pressure, coming in at 63.5 and down only marginally from 65.0 the prior month.

Construction Spending Consensus

Market Consensus Before Announcement
Construction spending rebounded 0.8 percent in August after declining 1.1 percent in July. The boost in spending in August was led by a 4.7 percent jump in private residential outlays. In contrast, private nonresidential slipped 0.1 percent and public outlays dropped 1.1 percent in August. Looking ahead, based on the recent uptrend in housing starts (up in four of the last five months), the private residential component for outlays will likely post a gain for September. But high vacancy rates weigh on the nonresidential component as does state & local government revenue declines on public outlays.

Daily Pivot and Important Announcements

By , 29 October, 2009, No Comment
ESZ9
For 10/29/2009
How To Use
Symbol R1 R2 Pivot S1 S2
ESZ9 1055.00 1071.50 1046.50 1030.00 1021.50

Fed and Agency Announcements

GDP
[Report][Star]8:30 AM ET
Jobless Claims
[Report][djStar]8:30 AM ET

Tim Geithner Speaks
9:30 AM ET

Money Supply
[Bullet4:30 PM ET

Tim Geithner Speaks
8:40 PM ET

Market Consensus Before Announcement-GDP
GDP was still barely in negative territory in the second quarter with the Commerce Department nudging up its third estimate to an annualized 0.7 percent decrease from the previous estimate of a 1.0 percent decline. Final sales were revised to be more positive at an annualized 0.7 percent gain in the second quarter, compared to the second estimate of a 0.4 percent gain. On the inflation front, the GDP price index was flat for the quarter. Looking ahead, traders are expecting the advance estimate for third quarter GDP to clearly establish that the economy was in recovery in the third quarter. The big question is by how much. Since this release is expected to show the first positive GDP growth since the second quarter of 2008, this report will get heightened attention.

Market Consensus Before Announcement-Jobless Claims
Initial jobless claims edged higher in the October 17 week, up 11,000 to 531,000. But the four-week average continued to move lower, down for the seventh week in a row to 532,250 for a decrease of about 20,000 from month-ago levels. Continuing claims dropped 98,000 for the October 10 week to 5.923 million, roughly 100,000 below month-ago levels. But reading the latest number is difficult due to an uncertain combination of new hiring and the expiration of benefits

ES Daily Pivot and Important Announcements

By , 28 October, 2009, No Comment
ESZ9
For 10/28/2009
How To Use
Symbol R1 R2 Pivot S1 S2
ESZ9 1061.17 1061.58 1060.83 1060.42 1060.08

Fed and Agency Announcements

New Home Sales
[Report][djStar]10:00 AM ET

5-Yr Note Auction
[Bullet1:00 PM E

Daily Pivot and Announcements

By , 27 October, 2009, No Comment
ESZ9
For 10/27/2009
How To Use
Symbol R1 R2 Pivot S1 S2
ESZ9 1066.17 1067.08 1065.58 1064.67 1064.08

Pertinent Fed and other Important Announcements

Redbook
[Report][Bullet8:55 AM ET

Timothy Geithner Speaks
4:00 PM ET

ES Emini: Daily Pivot and Fed Announcements

By , 26 October, 2009, No Comment
ESZ9
For 10/26/2009
How To Use
Symbol R1 R2 Pivot S1 S2
ESZ9 1090.83 1104.92 1081.17 1067.08 1057.42

Daily Pivot and Fed Announcements

Not much in terms of official announcements today, lets hope it stays that way.

Daily Pivot and Announcements

By , 23 October, 2009, No Comment
ESZ9
For 10/23/2009
How To Use
Symbol R1 R2 Pivot S1 S2
ESZ9 1098.58 1106.42 1084.42 1076.58 1062.42

Fed and other pertinent announcements

Jobless Claims
[Report][djStar]8:30 AM ET

Eric Rosengren Speaks
10:30 AM ET

William Dudley Speaks
1:30 PM ET

Charles Evans Speaks
4:00 PM ET

All sorts of interesting stuff today, look to the jobs report as a focal point, though the market has reacted in various was to the job report of late.

Pivot and Daily Fed Announcements

By , 16 October, 2009, No Comment

Should be a brisk day of trading as lots of information is to be released today. Consumer Price index and the jobless numbers will certainly interest the traders.

Read More →
Page 2 of 9«12345»...Last »
Easy AdSense by Unreal