Exposing Ideas to the Envelope of Serendipity



Contact moo at: bluechipbulldog@gmail.com



Thursday, May 14, 2009

/ES RANGE ESTIMATE

Looking at last nights /ES range, I estimate that today's session will range between 878 - 888.

Perhaps we drop early before 10AM and then trend rally the remainder of the session. 

This morning's PPI and initial Claims were worse than expected and this will add to early morning selling pressure.

DateTimeReleaseImpactForActualExpectedPrior
May 148:30 AMCore PPIApr0.1%0.1%0.0%
May 148:30 AMInitial Claims05/09637K610K605K
May 148:30 AMPPIApr0.3%0.2%-1.2%

blog comments powered by Disqus