Friday, April 27, 2012

ES Daily Plan 042712

Commentary


Open Type

Opening Out of Range (as of 5:25 AM) could open inside post GDP.

Trade Scenarios

Will probably wait until after Michigan Confidence and we settle to take a trade.

- Longs: 89-90, 87, 85 with upside targets 1400+

- Shorts: 1401-1403, 1395, with 1387 & 85 downside targets. Will probably only consider shorts on strong weakness or under down channel support.

Econ Calendar

Global
Fri
Apr 27
Currency: jpyJPY Bank of Japan Rate Decision (APR 27)High0.10%0.10%
Currency: gbpGBP Nationwide House Prices n.s.a. (YoY) (APR)Medium-0.3%-0.9%
01:00Currency: jpyJPY Annualized Housing Starts (MAR)Medium0.875M0.917M
01:00Currency: jpyJPY Housing Starts (YoY) (MAR)Medium8.2%7.5%
02:00Currency: eurEUR German GfK Consumer Confidence Survey (MAY)Medium5.95.9
03:00Currency: chfCHF KOF Swiss Leading Indicator (APR)Medium0.20.08
08:30Currency: usdUSD Core Personal Consumption Expenditure (QoQ) (1Q A)High2.1%1.3%
08:30
LIVE
Currency: usdUSD Gross Domestic Product (Annualized) (1Q A)High2.5%3.0%
08:30Currency: usdUSD Gross Domestic Product Price Index (1Q A)High2.2%0.9%
08:30Currency: usdUSD Personal Consumption (1Q A)Medium2.3%2.1%
09:55Currency: usdUSD U. of Michigan Confidence (APR F)High75.975.7
Major or Notable Earnings Today



ALVCOVCPNCVHDTEFGTIMAXIPKKRMRKNEMPGSPGTOTVFCVTRWY

ES (3 minute, Daily, 30 minute) 






Thursday, April 26, 2012

Friday Preview: SPX, SPY, NDX, XLF, AAPL, IYT, McClellan Oscillator


SPX (30 minute)


SPY (30 minute)


BIX-X (Hourly)


XLF (Hourly)


NDX (Hourly)


AAPL (Hourly)




IYT (Hourly)


McClellan Oscillator (Daily)




Wednesday, April 25, 2012

ES Daily Plan 042612

Commentary

AAPL & the Fed managed to push stocks up yesterday with gusto. Euro Zone CC fell worse than expected and sent markets from a ES 92 high.

We just had a disappointing initial claims report and futures are falling right now. We have pending home sales next.

Expecting an inside day and possible chop action today.


Open Type

OIR ( as of 5:35 AM)

Trade Scenarios

- Longs: 80, 77, 70 with upside tgt's 87, 92, 1400. 77 & 70 are my ideal long.

- Shorts: 92, 87, 80 with downside tgt's 77, 70 & 65

Econ Calendar

US 




Thu Apr 26ReleaseImpactForActualExpectedPrior
8:30 AMInitial Claims04/21-373K386K
8:30 AMContinuing Claims04/14-3300K3297K
10:00 AMPending Home SalesMar-0.5%-0.5%


Global 



Thu
Apr 26
00:30Currency: jpyJPY All Industry Activity Index (MoM) (FEB)Medium-0.1%-0.2%-1.0%
04:30Currency: gbpGBP BBA Loans for House Purchase (MAR)Medium318883400032840
05:00Currency: eurEUR Euro-Zone Business Climate Indicator (APR)Medium-0.52-0.3-028
05:00Currency: eurEUR Euro-Zone Consumer Confidence (APR F)Medium-19.9-19.8-19.8
05:00Currency: eurEUR Euro-Zone Economic Confidence (APR)Medium92.894.294.5
05:00Currency: eurEUR Euro-Zone Industrial Confidence (APR)Medium-9.0-7-7.1
05:00Currency: eurEUR Euro-Zone Services Confidence (APR)Medium-2.4-0.5-0.3
08:00
LIVE
Currency: eurEUR German Consumer Price Index - EU Harmonised (YoY) (APR P)High2.2%2.3%
08:00
LIVE
Currency: eurEUR German Consumer Price Index (YoY) (APR P)High2.0%2.1%
08:00
LIVE
Currency: eurEUR German Consumer Price Index - EU Harmonised (MoM) (APR P)Medium0.1%0.4%
08:00
LIVE
Currency: eurEUR German Consumer Price Index (MoM) (APR P)Medium0.1%0.3%
08:30Currency: usdUSD Chicago Fed Nat Activity Index (MAR)Medium-0.09
10:00Currency: usdUSD Pending Home Sales (YoY) (MAR)Medium13.9%
19:01Currency: gbpGBP GfK Consumer Confidence Survey (APR)Medium-30-31
19:30Currency: jpyJPY Household Spending (YoY) (MAR)Medium4.0%2.3%
19:30Currency: jpyJPY Jobless Rate (MAR)Medium4.50%4.5%
19:30Currency: jpyJPY National Consumer Price Index (YoY) (MAR)Medium0.4%0.3%
19:50Currency: jpyJPY Industrial Production (YoY) (MAR P)Medium15.5%1.5%
19:50Currency: jpyJPY Large Retailers' Sales (MAR)Medium7.2%0.2%
19:50Currency: jpyJPY Retail Trade (YoY) (MAR)Medium10.0%3.5%
21:00Currency: audAUD HIA New Home Sales (MoM) (MAR)Medium3.0%
21:30Currency: cnyCNY Industrial Profits YTD (YoY) (MAR)Medium-5.2%

Major or Notable Earnings Today


AMZN, AMLN, ATHN, CELG, CSTR, CCL, DECK, D, GILD, HP, JBLU, KLAC, LIZ, MYL, REGN, UPS, ZOLL, ZNGA

ES (3 minute, Daily)