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CONTACT INFORMATION

You can contact us by sending mail below or you can call toll free:

Phone: 800.840.5617
Phone: 312.920.0212
Fax: 855.994.4111


ADDRESS

United Futures Trading Company, Inc.
9247 Broadway
Suite EE
Merrillville, IN 46410

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Euro currency is reaching levels which will hurt German exports.

Market News

02.01.13

Top Day Market News

Last night, Chinese Purchasing Managers’ Index came in lower than expected.

The unemployment rate was expected by consensus to come in at a decent 180K with non-farm private payrolls forecast to come in at +193K while the headline number had been forecast to come in at 7.7%. The first impulse last night was to take stocks higher and bonds lower on the increasing probability of a stronger than expected jobs number. In addition to this, the Street will have to deal with U of Michigan consumer sentiment, the Institute for Supply Management and Construction Spending.

Now for the reality…

+157K and the headline jumps to 7.9%. There were upward revisions in Nov and Dec by 86K and 41K. A little disappointing but buy the rumor and sell on the news.  The EC is reaching levels which will hurt German exports.

 

 

Week of January 28 - February 01

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Jan 28

 

08:30

 

Durable Orders

 

Dec

 

 

2.5%

 

1.6%

 

0.8%

 

0.7%

 

Jan 28

 

08:30

 

Durable Goods –ex transportation

 

Dec

 

 

0.0%

 

0.0%

 

1.6%

 

 

Jan 28

 

10:00

 

Pending Home Sales

 

Dec

 

 

0.0%

 

0.0%

 

1.7%

 

 

Jan 29

 

09:00

 

Case-Shiller 20-city Index

 

Nov

 

 

5.0%

 

5.2%

 

4.3%

 

 

Jan 29

 

10:00

 

Consumer Confidence

 

Jan

 

 

61.0

 

65.1

 

65.1

 

 

Jan 30

 

07:00

 

MBA Mortgage Index

 

01/26

 

 

NA

 

NA

 

7.0%

 

 

Jan 30

 

08:15

 

ADP Employment Change

 

Jan

 

 

175K

 

175K

 

215K

 

 

Jan 30

 

08:30

 

GDP-Adv.

 

Q4

 

 

0.2%

 

1.0%

 

3.1%

 

 

Jan 30

 

08:30

 

Chain Deflator-Adv.

 

Q4

 

 

1.5%

 

1.6%

 

2.7%

 

 

Jan 30

 

10:30

 

Crude Inventories

 

01/26

 

 

NA

 

NA

 

2.813M

 

 

Jan 30

 

14:15

 

FOMC Rate Decision

 

Jan

 

 

0.25%

 

0.25%

 

0.25%

 

 

Jan 31

 

07:30

 

Challenger Job Cuts

 

Jan

 

 

NA

 

NA

 

34.4%

 

 

Jan 31

 

08:30

 

Initial Claims

01/26

 

365K

345K

330K

 

                   

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

 

 

 

 

 

 

 

 

 

Jan 31

 

08:30

 

Continuing Claims

 

01/19

 

 

3200K

 

3200K

 

3157K

 

 

Jan 31

 

08:30

 

Personal Income

 

Dec

 

 

0.7%

 

0.7%

 

0.6%

 

 

Jan 31

 

08:30

 

Personal Spending

 

Dec

 

 

0.5%

 

0.3%

 

0.4%

 

 

Jan 31

 

08:30

 

PCE Prices - Core

 

Dec

 

 

0.1%

 

0.1%

 

0.0%

 

 

Jan 31

 

08:30

 

Employment Cost Index

 

Q4

 

 

0.6%

 

0.5%

 

0.4%

 

 

Jan 31

 

09:45

 

Chicago PMI

 

Jan

 

 

50.0

 

50.5

 

48.9

 

51.6

 

Jan 31

 

10:30

 

Natural Gas Inventories

 

01/26

 

 

NA

 

NA

-172

bcf

 

 

Feb 01

 

08:30

 

Nonfarm Payrolls

 

Jan

 

 

195K

 

180K

 

155K

 

 

Feb 01

 

08:30

 

Nonfarm Private Payrolls

 

Jan

 

 

215K

 

193K

 

168K

 

 

Feb 01

 

08:30

 

Unemployment Rate

 

Jan

 

 

7.7%

 

7.7%

 

7.8%

 

 

Feb 01

 

08:30

 

Hourly Earnings

 

Jan

 

 

0.2%

 

0.2%

 

0.3%

 

 

Feb 01

 

08:30

 

Average Workweek

 

Jan

 

 

34.5

 

34.5

 

34.5

 

 

Feb 01

 

09:55

 

Michigan Sentiment - Final

 

Jan

 

 

70.5

 

71.4

 

71.3

 

 

Feb 01

 

10:00

 

ISM Index

 

Jan

 

 

49.5

 

50.5

 

50.7

 

 

Feb 01

 

10:00

 

Construction Spending

 

Dec

 

 

0.3%

 

0.5%

 

-0.3%

 

 

Feb 01

 

14:00

 

Auto Sales

 

Jan

 

 

NA

 

NA

 

5.5M

 

 

Feb 01

 

14:00

 

Truck Sales

 

Jan

 

 

NA

 

NA

 

6.5M

 


 

MARKET PLACE

 

 

Numbers are good up until the close of business today. These are strictly technical in nature, not fundamentally based or biased.

 

 

Legend U is Up

D is Down

PRD is Potential Reversal Day (Change of Trend) S2 is Weekly strong support

S1 is Weekly good support DS is Daily Support

DR is Daily Resistance

R1 is Weekly Good Resistance and is calculated once a week on Sunday night

R2 is Weekly Strong Resistance and is calculated once a week on Sunday night

Levels are for the most active futures contract


Daily Support and Resistance

 

 

Trend

WS2

WS1

DS

DR

WR1

WR2

Mar ES

PRD(D)

1465

1480

1489

1503.5

1497.5

0

1514

Mar Nasdaq


PRD(D)

2674

2701

2718

2754

2762

2796

Mar Yen


D

107.16

108.59

108.29

109.55

112.45

114.98

Mar EC


U

131.+1

133.23

135.73

136.26

134.59

136.23

Mar 10 Year


PRD(U)

130.18

130.31

130.29

131.16

132.06

132.31

Mar 30 Year


D

142.09

143.06

142.21

143.26

145.23

147.11

Mar Soybeans


U

13.93

14.17

14.54

14.85

14.62

14.84

Mar Corn


U

7.03

7.11

7.35

7.45

7.32

7.43

April Gold


D

1628.8

1643

1653

1676

1684

1710

Mar Silver


D

30.23

30.70

30.93

31.94

32.06

32.95

Mar Copper


U

359

362

370

376

370

374

Mar Crude


U

94.01

95.05

96.87

98.07

97.02

97.95

 

 

 

 

 

 

 

 

News