In this post:
1. Market Commentary
2. Support and Resistance Levels
3. December Mini S&P 500 Continuous Futures chart
4. Economic Reports
5. Highlighted Earnings Releases
1. Market Commentary
FRONT MONTH FOR EQUITIES AND BONDS IS DECEMBER
SYMBOL FOR DECEMBER IS Z
On a different note:
On Friday, September 9, 2011, CME Group will observe the tenth anniversary of the attacks on the World Trade Center. As a result, NYMEX/COMEX markets on CME Globex will observe voluntary moments of silence at: 07:46 CT/08:46 ET, 08:03 CT/09:03 ET, 08:59 CT/09:59 ET and 09:29 CT/10:29 ET. We request that all electronic market participants refrain from trading NYMEX and COMEX products on CME Globex and CME ClearPort during these moments of silence
December mini SP continuous chart for your review below:
GOOD TRADING!
2. SUPPORT AND RESISTANCE LEVELS!
| Contract (Sept. 2011) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1213.33 | 2271.67 | 11530 | 727.37 |
| Resistance 2 | 1206.42 | 2255.33 | 11471 | 718.03 |
| Resistance 1 | 1192.33 | 2232.92 | 11351 | 709.07 |
| Pivot | 1184.42 | 2215.58 | 11273 | 695.73 |
| Support 1 | 1171.33 | 2193.17 | 11140 | 682.77 |
| Support 2 | 1163.42 | 2172.83 | 11083 | 671.43 |
| Support 3 | 1150.33 | 2150.42 | 10938 | 660.47 |
| Contract | Dec. Gold | Sept. Euro | Oct. Crude Oil | Dec. Bonds |
| Resistance 3 | 1904.2 | 1.4253 | 91.52 | 141 31/32 |
| Resistance 2 | 1886.5 | 1.4174 | 90.87 | 141 9/32 |
| Resistance 1 | 1877.6 | 1.4031 | 89.88 | 140 22/32 |
| Pivot | 1859.9 | 1.3952 | 89.23 | 140 |
| Support 1 | 1851.0 | 1.3809 | 88.24 | 139 13/32 |
| Support 2 | 1833.3 | 1.3730 | 87.59 | 138 23/32 |
| Support 3 | 1824.4 | 1.3587 | 86.60 | 138 4/32 |
3. December Mini S&P 500 Continuous Futures chart from September 8th, 2011
4. Economic Reports Friday September 9th, 2011
FOMC Member Evans Speaks
11:15am USD
Beige Book
2:00pm USD
Economics Report Source: http://www.forexfactory.com/calendar.php
5. Today’s Highlighted Earnings Releases
| SYMBOL | COMPANY | EVENT TITLE | EPS ESTIMATE | EPS ACTUAL | PREV. YEAR ACTUAL | DATE/TIME (ET) |
| CHKE | Cherokee Inc | Q2 2012 Cherokee Inc Earnings Release | n/a | n/a | n/a | 8-Sep AMC |
| GCOM | Globecomm Systems Inc | Q4 2011 Globecomm Systems Inc Earnings Release | $ 0.14 | n/a | $ 0.19 | 8-Sep AMC |
| KFY | Korn Ferry International | Q1 2012 Korn/Ferry International Earnings Release | $ 0.33 | n/a | $ 0.24 | 8-Sep |
| TITN | Titan Machinery Inc | Q2 2012 Titan Machinery Inc Earnings Release | $ 0.26 | n/a | $ 0.15 | 8-Sep BMO |
| TRR | TRC Companies Inc | Q4 2011 TRC Companies Inc Earnings Release | n/a | n/a | -$ 0.15 | 8-Sep |
| ULTA | Ulta Salon Cosmetics and Fragrance Inc | Q2 2011 Ulta Salon Cosmetics and Fragrance Inc Earnings Release | $ 0.32 | n/a | $ 0.22 | 8-Sep AMC |