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DTI Daily Rundown - November 14

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On TBUZ TV Today:

4427 Pivot.

4452 Resistance.

4391 Support.

Opens: 2023 3895.00; 4th Quarter 4349.00; Month 4205.00

Recording from Sunday: https://vimeo.com/883828997/a817b43dd4

9:15am ET Power: Check out Sunday night Recording!

10:45am ET Traditional Connect the DOTs leading to Wednesday.

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Market Review:

CPI Tuesday and PPI Wednesday

The inflation reports are out. Only the CPI reports today, but the PPI reports will follow tomorrow. Based off expectations we should see CPI dropping in the overall rate but holding steady in the Core rate. The major difference between the Core and the Standard CPI numbers has in the past been the cost of Crude. Given the dramatic fluctuation in Crude prices last month, that may very well be the case again.

What CPI means to the market will depend on who you ask. The optimist will point to a decline in the CPI Standard Rate and say the inflation situation is improving. The pessimist will look to the CPI Core rate and argue that inflation is still over 4%. The realist will acknowledge both, and look to the next major event, PPI.


Over 70% of stocks track with the S&P 500 Futures

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Genesis Bar: Nov 6 (11:30am ET)

High: 4395.50

Low: 4386.75

Major Events:

Nov 14 CPI

Nov 15 PPI

Nov 15 Empire State Manufacturing

Nov 15 Core Retail Sales

Nov 21 FOMC Minutes

Nov 22 Jobless Claims

Key Numbers Opens: Above or Below

4427.25 is the open

4425.75 is the open of the Week

4349.00 is the open of the Quarter

4205.00 is the open of the Month

3895.00 is the open of 2023

What's Hot and Not!

Cisco Systems, Inc. (CSCO)

CSCO is expected to report on Wednesday. CSCO opened this year at 47.86. The stock began the 2nd half of the year at 51.36. It saw a slight improvement in the 3rd quarter, and opened the 4th quarter at 53.84. October was a slow month for CSCO. The November open was 52.04, and CSCO closed on Monday at 52.23.

Past performance is not indicative of future results. Futures trading involves substantial financial risk.

Please consult your personal financial advisor before using this information for your own trading purposes.

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