{"id":19408,"date":"2024-01-29T13:24:33","date_gmt":"2024-01-29T21:24:33","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=19408"},"modified":"2024-01-29T13:25:10","modified_gmt":"2024-01-29T21:25:10","slug":"big-data-week-ahead-levels-for-01-30-2024","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/big-data-week-ahead-levels-for-01-30-2024\/","title":{"rendered":"Big Data Week Ahead! + Levels for 01.30.2024"},"content":{"rendered":"
Get Real Time updates and more by joining our Private Facebook Group<\/a>!<\/span><\/div>\n
Subscribe to our\u00a0YouTube Channel<\/a><\/span><\/div>\n
\n

\"\"<\/p>\n

 <\/p>\n

The Week Ahead:\u00a0A Big Data Rich Week! For the markets.<\/h3>\n

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

 <\/p>\n

The Super Bowl Teams are set for two weeks from now-\u00a0Congrats to the NFL Conference Champions! Kansas City and San Francisco!<\/p>\n

Quite a bit of excitement surrounds the markets this week as the following will grace our calendars.<\/p>\n

Earnings, Jay Powell, Data.<\/p>\n

You will have a hard time ignoring many of these direction moving events.<\/p>\n

First, on Tuesday , Consumer Confidence and Jolts and both will be released @9:00am CST.<\/p>\n

Second, A one-two punch, GOOGL announces earnings after the close.\u00a0Average analysts guess is $1.59 EPS on Revenue of 85.3 Bil. We aren\u2019t done, MSFT also announces after the close. $2.78 EPS and 61.1 bil revenue are the estimates here.\u00a0(day one of the Fed meeting also occurs today) Other important earnings , UPS, SBUX, PFE, GM, AMD\u00a0.<\/p>\n

Then on Wednesday, FOMC Rate decision @ 1:00 pm CST , expectations are to remain. No change,<\/p>\n

Jay Powell presser 30 minutes later.<\/p>\n

We kick off Thursday @ 7:30 am CST with Jobless claims, the 4 week MA is 202k<\/p>\n

And hour and a half later , ISM Manufacturing index is released, this has been in contraction the past 14 weeks. Expectations are for much the same.<\/p>\n

The Biggest news of the day will likely be earnings from AMZN (exp .80 EPS, rev +11.4% and AAPL (exp 2.10\u00a0eps, rev 117.9 bil) after the close.<\/p>\n

 <\/p>\n

Fireworks Friday begins at 7:30 am CST with the nonfarm payrolls, here are the expectations from Econoday.<\/p>\n

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

Make it a solid week and always, \u201cplan the trade and trade the plan\u201d<\/p>\n

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

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

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

Daily Levels for January 30th 2024<\/h3>\n

 <\/p>\n

\"#ES,
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG<\/figcaption><\/figure>\n
Economic Reports<\/strong><\/div>\n
provided by:\u00a0<\/a>ForexFactory.com<\/a><\/div>\n
All times are Eastern Time ( New York)<\/div>\n
<\/div>\n
\"\"<\/div>\n
\n

Improve Your Trading Skills<\/h2>\n

Get access to proprietary indicators and trading methods,\u00a0consult with an experienced broker<\/a> at 1-800-454-9572.<\/p>\n

Explore trading methods.\u00a0Register Here<\/a><\/p>\n

\"\"<\/a><\/span><\/div>\n

* This is not a solicitation of any order to buy or sell, but a current market view provided by 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.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Get Real Time updates and more by joining our Private Facebook Group! Subscribe to our\u00a0YouTube Channel   The Week Ahead:\u00a0A Big Data Rich Week! For the markets. By John Thorpe, Senior Broker   The Super Bowl Teams are set for two weeks from now-\u00a0Congrats to the NFL Conference Champions! Kansas City and San Francisco! Quite […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,231,76,230,782,30,61],"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-19408","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-economic-trading","category-futures-broker-2","category-futures-trading-2","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\/19408","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=19408"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19408\/revisions"}],"predecessor-version":[{"id":19411,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19408\/revisions\/19411"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=19408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=19408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=19408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}