Classical Tuesday

 30 minute atr
 daily pivots
 weekly pivots
 upside retreacements
 downside retracements
 extensions
 regression channels
price support and resistance
On the economic calendar:-
07:45 ICSC-Goldman Store Sales
08:55 Redbook
09:00 Case-Shiller HPI (Consensus 0.1% v Prior -0.2%)
09:45 Chicago PMI (Consensus 62.0 v Prior 64.3)
10:00 Consumer Confidence (Consensus 92.5 v Prior 92.4)
State Street Consumer Confidence
11:30 4 Week Bill Auction

POMO:-

None today

Speaking today:- 

All the King’s Horses

“Bond King” Bill Gross abdicated the throne of the empire he built to avoid a revolution. Gross’ behavior has tilted toward the odd since the peak in Fed QE/LSAP activity. The ElErian departure was only Act II.

Rumors are now flying that the Stamp Collecting Cat Lover will take the other side of PIMCO’s massive positions for his new firm. The reality is most traders that find themselves in new employ, or trading their PA, reload the position that got them into trouble – often with great result.  Just ask Jon Corzine.

We predicted early in 2014 that the King’s reign was over and a fall was coming. Obviously, we thought it would be Mr. Market that would lead the revolt. Instead, it was a series of weird communications and office jag-offity. We don’t see the Janus job working out. The next headline is the exiled Bond King takes his massive wealth, his bonds and his new cat to the beach and retires.

Classical Monday

 30 minute atr
 daily pivots
 weekly pivots
 upside retracements
 upside retracenments
 regression channels
price support and resistance
On the economic calendar:-
08:30 Personal Income (Consensus 0.3% v Prior 0.2%)
          Consumer Spending (Consensus 0.5% v Prior -0.1%)
10:00 Pending Home Sales (Consensus 0.8% v Prior 3.3%)
10:30 Dallas Fed Manufacturing Survey (Consensus 10.3 v Prior 7.1)
11:00 4 Week Bill Announcement
11:30 3 Month Bill Auction
          6 Month Bill Auction
15:00 Farm Prices
POMO:-
10:15 – 11:00 Outright Treasury Coupon Purchases between $2.00 – $2.50 billion
Speaking today:-
09:00 Charles Evans

Classical Thursday

 30 minute atr
 daily pivots
 weekly pivots
 upside retracements
 downside retracements
 regression channels
price support and resistance
On the economic calendar:-
08:30 Durable Goods Orders (Consensus -17.1% v Prior 22.6%)
          Jobless Claims (Consensus 300 K v Prior 280 K)
09:45 PMI Services Flash (Consensus 61.0 v Prior 58.5)
10:30 EIA Natural Gas Report
11:00 Kansas City Fed Manufacturing Index (Consensus 8 v Prior 3)
          3 Month Bill Announcement
          6 Month Bill Announcement
13:00 7 Year Note Auction
16:30 Fed Balance Sheet
          Money Supply
POMO:-
None today
Speaking today:-
13:20 Dennis Lockhart

 

Classical Wednesday

 30 minute atr
 daily pivots
 weekly pivots
 upside retracements
 downside retracements
 regression channels
price support and resistance
On the economic calendar:-
07:00 MBA Purchase Applications (Actual -4.1% v Prior 7.9%)
10:00 New Home Sales (Consensus 430 K v Prior 412 K)
10:30 EIA Petroleum Status Report
11:30 2 Year FRN Auction
13:00 5 Year Note Auction
POMO:-
10:15 – 11:00 Outright Treasury Coupon Purchases between $0.95 – $1.15 billion
Speaking today:-
12:05 Loretta Mester
13:00 Charles Evans