{"id":19350,"date":"2024-01-08T13:23:49","date_gmt":"2024-01-08T21:23:49","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=19350"},"modified":"2024-01-08T13:23:49","modified_gmt":"2024-01-08T21:23:49","slug":"the-week-ahead-data-data-more-data-levels-for-01-09-24","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/the-week-ahead-data-data-more-data-levels-for-01-09-24\/","title":{"rendered":"The Week ahead: Data, Data & More Data….+ Levels for 01.09.24"},"content":{"rendered":"
\n
\n
Get Real Time updates and more on our private FB group!<\/span><\/div>\n
\n
\n
\n
https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n

Join our\u00a0Private Facebook group<\/a><\/p>\n

Subscribe to our\u00a0YouTube Channel<\/a><\/p>\n<\/div>\n

\n

 <\/p>\n<\/div>\n

\n

The Week Ahead:\u00a0Data, Data and more Data.<\/h3>\n

By John Thorpe, Senior Broker<\/p>\n

A week of uncovering and discovering the reality rather than the hypothesis of market moving data events.<\/p>\n

 <\/p>\n

Sell the rumor and Buy the Fact? Or is it Buy the Rumor and sell the fact?<\/p>\n

If you know what the market has been discounting, both statements can be true.<\/p>\n

 <\/p>\n

Trillions in\u00a0Market Cap from Q4 report earnings this week<\/p>\n

Mainly banks, perhaps the market had already corrected anticipating the earnings?<\/p>\n

How will these stocks affect the current 2 month stock rally?<\/p>\n

How will CPI affect the overall trend with this week\u2019s release early Thursday ?<\/p>\n

 <\/p>\n

According to Fact set:<\/p>\n

\u201cThe Financials sector will be a focus for the market during the next two weeks, as more than 70% of the S&P 500 companies that are scheduled to report earnings for the fourth quarter over this period are part of this sector. Companies in this sector expected to report earnings during these two weeks include Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo. The Financials sector is predicted to report the fourth-highest (year-over-year) earnings decline of all 11 sectors for Q4 at -3.1%\u201d<\/p>\n

 <\/p>\n

See Page 5 of their 34 page Earnings Insight.<\/p>\n

 <\/p>\n

https:\/\/advantage.factset.com\/hubfs\/Website\/Resources%20Section\/Research%20Desk\/Earnings%20Insight\/EarningsInsight_010524.pdf<\/a><\/p>\n<\/div>\n

<\/div>\n
<\/div>\n

For our Grain\u00a0and Meat traders, THE PIVOTAL Crop Production report is going to be released this Friday @11 am CST.<\/p>\n

The seasoned analysts believe this is the biggest report of the year as 2023 came to an end and could make for the grandest market moves as well.<\/p>\n

Make it a fantastic trading year!<\/p>\n

Plan your trade and trade your plan<\/p>\n

 <\/p>\n

\"\"<\/a><\/h3>\n

 <\/p>\n

 <\/p>\n

\"\"<\/a><\/p>\n

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>\n

Futures Trading Levels<\/strong><\/h3>\n

01-09-2024<\/p>\n

\"#ES,
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG<\/figcaption><\/figure>\n

 <\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

Improve Your Trading Skills<\/h2>\n
Get access to proprietary indicators and trading methods,\u00a0consult with an experienced broker<\/a><\/div>\n
\u00a01-800-454-9572\u00a0Explore trading methods.\u00a0Register Here<\/a><\/div>\n


\n<\/a>Economic Reports, <\/strong><\/h3>\n

Source:\u00a0<\/strong><\/h3>\n

Forexfactory.com<\/a><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon 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":"

Get Real Time updates and more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ Join our\u00a0Private Facebook group Subscribe to our\u00a0YouTube Channel   The Week Ahead:\u00a0Data, Data and more Data. By John Thorpe, Senior Broker A week of uncovering and discovering the reality rather than the hypothesis of market moving data events.   Sell the rumor and […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,231,76,230,30,3,61,234],"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-19350","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-trading-guide","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\/19350","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=19350"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19350\/revisions"}],"predecessor-version":[{"id":19351,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19350\/revisions\/19351"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=19350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=19350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=19350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}