{"id":19100,"date":"2023-10-23T12:33:46","date_gmt":"2023-10-23T20:33:46","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=19100"},"modified":"2023-10-23T12:33:46","modified_gmt":"2023-10-23T20:33:46","slug":"earnings-new-home-sales-and-geo-political-situation-futures-trading-levels-for-oct-24th","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/earnings-new-home-sales-and-geo-political-situation-futures-trading-levels-for-oct-24th\/","title":{"rendered":"Earnings, New Home Sales and Geo Political Situation + Futures Trading Levels for Oct. 24th"},"content":{"rendered":"<div align=\"center\">\n<div align=\"justify\">\n<div><span style=\"text-align: left;\">Get Real Time updates and more on our private FB group!<\/span><\/div>\n<div>\n<div align=\"justify\">\n<div style=\"text-align: center;\" align=\"justify\">\n<div style=\"text-align: left;\" align=\"center\"><a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001KRg6On04gjknOfysn89cEhkyXgAxXigZc1_AdekBblRz4Cwp2yofkpGH8rpms9Q30D0wjhFS1q8yG11pQf1KRy2bpIyH4uwMgzWcI-wb74TdqgA-DQitbpTeoWmib8qwdH8ve86kM_6EWihst10TitotvFRrtw2C0HgnNGJLkXUXb6ec7AaQGNxU6EuLQxHI&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<p align=\"center\">\n<\/div>\n<div>\n<h3>The Week Ahead: Earnings, ECB rate Decision, GeoPolitical<\/h3>\n<p><em>By Senior Broker, John Thorpe<\/em><\/p>\n<p>The Week ahead barring any new geopolitical tensions as we remain vigilant scanning the actions of many political leaders throughout the globe as genuflection = volatility. Chest thumping aside, Wednesday\u2019s important number is New Home sales.<\/p>\n<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/6980c8ce-44d7-4cec-9de1-c08e84711d0f.png\" alt=\"\" title=\"\"><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">\n<p>As for the most anticipated earning reports this week the following is from Barron\u2019s:<\/p>\n<p>In terms of the most anticipated names, here is the calendar for the week:<\/p>\n<ul>\n<li>Tuesday:\u00a0<a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/msft?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">Microsoft<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/msft?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">MSFT<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/msft?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">0.99%<\/a><\/p>\n<p>(ticker: MSFT), Google-parent\u00a0<a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/googl?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">Alphabet<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/googl?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">GOOGL<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/googl?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">0.97%<\/a><\/p>\n<p>(GOOGL), Snap (SNAP) and Texas Instruments (TXN) report September quarter numbers.<\/p>\n<ul>\n<li>Wednesday: Meta Platforms (META) and IBM (IBM)<\/li>\n<li>Thursday: Amazon.com (AMZN) and\u00a0<a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/intc?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">Intel<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/intc?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">INTC<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/intc?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">-3.81%<\/a><\/p>\n<p>(INTC)<\/p>\n<p>Out of that list, the fastest year-over-year revenue growth, according to analyst forecasts, is slated to come from\u00a0<a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/meta?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">Meta<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/meta?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">META<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/meta?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">1.95%<\/a><\/p>\n<p>, at 21%, and\u00a0<a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/amzn?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">Amazon<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/amzn?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">AMZN<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/amzn?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">1.38%<\/a><\/p>\n<p>, at 11%. On the other side of the list are\u00a0<a href=\"https:\/\/www.barrons.com\/market-data\/stocks\/txn?mod=article_chiclet\" target=\"_blank\" rel=\"noopener\">Texas Instruments<\/a> and Intel, with their revenue forecast to decline 13% and 12%, respectively.<\/p>\n<\/div>\n<div align=\"center\">\n<div align=\"justify\"><\/div>\n<\/div>\n<p align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals\" target=\"_blank\" rel=\"noopener\">Plan your trade and trade your plan.<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f76eeb10-8232-40f5-a29e-a351af4cb02c.png\" alt=\"\" title=\"\"><\/p>\n<p>Existing Home sales\u00a0released at 9am CDT are expected to report Year over year sales greater than\u00a0-16%<\/p>\n<p>Watch your blindside and expect more volatility!\u00a0Plan your trade and trade your plan.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\">Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n<h3><a href=\"https:\/\/secure.ironbeam.com\/openaccount\/index.aspx?src=316&amp;k=27817434\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3b644da2-2bee-4d39-8d98-5208a20bec39.jpg\" width=\"258\" height=\"58\" alt=\"\" title=\"\"><\/a><\/h3>\n<h3><strong>Futures Trading Levels<\/strong><\/h3>\n<p>10-24-2023<\/p>\n<figure style=\"width: 577px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/360ae4e5-1686-4c71-90b2-824b7e84ec46.png\" alt=\"#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG\" width=\"577\" height=\"713\" title=\"\"><figcaption class=\"wp-caption-text\">#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: left;\" align=\"center\">Improve Your Trading Skills<\/h2>\n<div style=\"text-align: left;\" align=\"center\">Get access to proprietary indicators and trading methods,\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile\" target=\"_blank\" rel=\"noopener noreferrer\">consult with an experienced broker<\/a><\/div>\n<div style=\"text-align: left;\" align=\"center\">\u00a01-800-454-9572\u00a0Explore trading methods.\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals\" target=\"_blank\" rel=\"noopener noreferrer\">Register Here<\/a><\/div>\n<h3><a href=\"http:\/\/www.forexfactory.com\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, Source:\u00a0<\/strong><\/h3>\n<p><a href=\"http:\/\/Forexfactory.com\" target=\"_blank\" rel=\"noopener\">Forexfactory.com<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/4fdc2a7b-bb4f-4403-9400-0351464b904a.png\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\">This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0<a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get Real Time updates and more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ The Week Ahead: Earnings, ECB rate Decision, GeoPolitical By Senior Broker, John Thorpe The Week ahead barring any new geopolitical tensions as we remain vigilant scanning the actions of many political leaders throughout the globe as genuflection = volatility. Chest thumping aside, Wednesday\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,231,76,230,30,3,61,358,344],"tags":[1481,1480,1475,1471,1469,1467,1468,1474,1472,1477,1478,1476,1479,1470,1473,1172,1239,40,627,1277,36],"class_list":["post-19100","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-commodity-brokers-2","category-commodity-trading-2","category-day-trading-2","category-futures-broker-2","category-futures-exchange","category-futures-trading-2","category-futures-trading-education","category-indices","tag-cbot","tag-comex","tag-commoditiesmarket","tag-commoditiestrader","tag-commoditytrading","tag-crudeoil","tag-daytrader","tag-futuresmarket","tag-futurestrader","tag-kcbt","tag-mgex","tag-nymex","tag-smfe","tag-stockindices","tag-swingtrader","tag-cme","tag-commodities","tag-daytrading","tag-futures","tag-globex","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=19100"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19100\/revisions"}],"predecessor-version":[{"id":19101,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19100\/revisions\/19101"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=19100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=19100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=19100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}