Free $25 Commodity Investor Kit

Includes : Charts, Market Information, Informative News Articles, Market Alerts, Exchange Brochures, Research, Managed Futures Information, and much more!!

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

Resource Pages | Friend Pages

Metals are lower as stocks grind higher.

Market News

03.14.13

Top Day Recommendations

Weekly jobless claims come in at 332,000. This is the second lowest weekly reading of the year. The labor market seems to continue to improve despite political ineptitude. Bonds are under slight pressure ahead of the 30 year auction today. $13 billion in 30 year bonds will be auctioned at approximately 1 o’clock this afternoon. Yesterday is actually fairly well which caused a momentary spike higher which was immediately faded. Metals are lower as stocks grind higher. The producer price index comes in at +0.7%, as expected. Oil is under pressure due to increasing supplies against a static demand.

 

Week of March 11 - March 15

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Mar 12

 

14:00

 

Treasury Budget

 

Feb

 

 

-$205.0B

 

-$205.0B

-

$237.7B

 

 

Mar 13

 

07:00

 

MBA Mortgage Index

 

03/09

 

 

NA

 

NA

 

14.8%

 

 

Mar 13

 

08:30

 

Retail Sales

 

Feb

 

 

0.2%

 

0.5%

 

0.1%

 

 

Mar 13

 

08:30

 

Retail Sales ex-auto

 

Feb

 

 

0.3%

 

0.5%

 

0.2%

 

 

Mar 13

 

08:30

 

Export Prices ex-ag.

 

Feb

 

 

NA

 

NA

 

0.5%

 

 

Mar 13

 

08:30

 

Import Prices ex-oil

 

Feb

 

 

NA

 

NA

 

0.2%

 

 

Mar 13

 

10:00

 

Business Inventories

 

Jan

 

 

0.6%

 

0.4%

 

0.1%

 

 

Mar 13

 

10:30

 

Crude Inventories

 

03/09

 

 

NA

 

NA

 

3.833M

 

 

 

                 
 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Mar 14

 

08:30

 

Initial Claims

 

03/09

 

 

350K

 

350K

 

340K

 

 

Mar 14

 

08:30

 

Continuing Claims

 

03/02

 

 

3100K

 

3103K

 

3094K

 

 

Mar 14

 

08:30

 

PPI

 

Feb

 

 

0.8%

 

0.7%

 

0.2%

 

 

Mar 14

 

08:30

 

Core PPI

 

Feb

 

 

0.2%

 

0.2%

 

0.2%

 

 

Mar 14

 

08:30

 

Current Account Balance

 

Q4

 

 

-$112.0B

 

-$112.3B

-

$107.5B

 

 

Mar 14

 

10:30

 

Natural Gas Inventories

 

03/09

 

 

NA

 

NA

 

-146 bcf

 

 

Mar 15

 

08:30

 

CPI

 

Feb

 

 

0.6%

 

0.5%

 

0.0%

 

 

Mar 15

 

08:30

 

Core CPI

 

Feb

 

 

0.2%

 

0.2%

 

0.3%

 

 

Mar 15

 

08:30

 

Empire Manufacturing

 

Mar

 

 

5.0

 

6.5

 

10.0

 

 

Mar 15

 

09:00

 

Net Long-Term TIC Flows

 

Jan

 

 

NA

 

NA

 

$64.2B

 

 

Mar 15

 

09:15

 

Industrial Production

 

Feb

 

 

0.6%

 

0.4%

 

-0.1%

 

 

Mar 15

 

09:15

 

Capacity Utilization

 

Feb

 

 

79.8%

 

79.4%

 

79.1%

 

 

Mar 15

 

09:55

 

Mich Sentiment

 

Mar

 

 

79.0

 

77.8

 

77.6

 

 

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

Jun ES

U

1492.50

1518.75

1544

1556

1559.5

0

1574

Jun Nasdaq

 

PRD(D)

2698

2749

2782

2814

2833

2867

Jun J

 

D

101.07

102.72

103.42

104.71

106.83

109.29

Jun EC

 

D

128.51

129.70

128.48

130.51

131.07

132.11

Jun 10 Year

 

D

128.23

129.15

130.01

130.21

131.15

132.24

Jun 30 Year

 

D

137.21

139.10

140.20

141.31

143.25

146.19

May Soybeans

 

D

14.12

14.41

14.23

14.63

14.92

15.13

May Corn

 

U

6.685

6.86

7.01

7.18

7.16

7.30

June Gold

 

D

1549

1563

1579

1598

1589

1600.2

May Silver

 

D

27.91

28.43

28.56

29.21

29.37

29.78

May Copper

 

D

345

348

349

355

354

357

April Crude

 

U

88.37

90.12

91.12

93.31

92.82

93.77

 

 

 

 

 

 

 

 

 News