Free $25 Commodity Investor Kit

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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

Resource Pages | Friend Pages

ADP Private jobs number comes in lower than expected.

Market News

05.01.13

Top Day Market News

Sell in May and go away? Well, you might be tempted to say that stratagem was in force after the run the market had in Q1.

As it is May Day, identification had to be shown on Broadway to access the lower canyons of Wall Street this morning. A protest is in the air.

ADP Private jobs number comes in at +119,000 which is lower than the expectation is less than the expectation of +150,000. Sequestration, the increasing cost of health care and higher payroll taxes probably all have a hand in this drag on job creation. This number as a stand-alone data point is that particular good for stocks, it is a dollar positive, a bond positive and a crude oil negative.


 

 Week of April 29 - May 03

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Apr 29

 

08:30

 

Personal Income

 

Mar

 

 

0.4%

 

0.3%

 

1.1%

 

 

Apr 29

 

08:30

 

Personal Spending

 

Mar

 

 

-0.1%

 

0.1%

 

0.7%

 

 

Apr 29

 

08:30

 

PCE Prices - Core

 

Mar

 

 

0.1%

 

0.1%

 

0.1%

 

 

Apr 29

 

10:00

 

Pending Home Sales

 

Mar

 

 

0.0%

 

0.1%

 

-0.4%

 

 

Apr 30

 

08:30

 

Employment Cost Index

 

Q1

 

 

0.5%

 

0.5%

 

0.5%

 

 

Apr 30

 

09:00

 

Case-Shiller 20-city Index

 

Feb

 

 

8.7%

 

8.7%

 

8.1%

 

 

Apr 30

 

09:45

 

Chicago PMI

Apr

 

51.5

52.0

52.4

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

 

 

 

 

 

 

 

 

 

Apr 30

 

10:00

 

Consumer Confidence

 

Apr

 

 

63.0

 

61.0

 

59.7

 

 

May 01

 

07:00

 

MBA Mortgage Index

 

04/27

 

 

NA

 

NA

 

0.2%

 

 

May 01

 

08:15

 

ADP Employment Change

 

Apr

 

 

150K

 

155K

 

158K

 

 

May 01

 

10:00

 

ISM Index

 

Apr

 

 

49.5

 

51.0

 

51.3

 

 

May 01

 

10:00

 

Construction Spending

 

Mar

 

 

0.4%

 

0.4%

 

1.2%

 

 

May 01

 

10:30

 

Crude Inventories

 

04/27

 

 

NA

 

NA

 

0.947M

 

 

May 01

 

14:15

 

FOMC Rate Decision

 

May

 

 

0.25%

 

0.25%

 

0.25%

 

 

May 01

 

15:00

 

Auto Sales

 

Apr

 

 

NA

 

NA

 

5.3M

 

 

May 01

 

15:00

 

Truck Sales

 

Apr

 

 

NA

 

NA

 

6.7M

 

 

May 02

 

07:30

 

Challenger Job Cuts

 

Apr

 

 

NA

 

NA

 

30.0%

 

 

May 02

 

08:30

 

Initial Claims

 

04/27

 

 

345K

 

346K

 

339K

 

 

May 02

 

08:30

 

Continuing Claims

 

04/20

 

 

3050K

 

3050K

 

3000K

 

 

May 02

 

08:30

 

Productivity-Prel

 

Q1

 

 

1.5%

 

1.2%

 

-1.9%

 

 

May 02

 

08:30

 

Unit Labor Costs

 

Q1

 

 

2.5%

 

1.6%

 

4.6%

 

 

May 02

 

08:30

 

Trade Balance

 

Mar

 

 

-$42.0B

 

-$43.5B

-

$43.0B

 

 

May 02

 

10:30

 

Natural Gas Inventories

 

04/27

 

 

NA

 

NA

 

30 bcf

 

 

May 03

 

08:30

 

Nonfarm Payrolls

 

Apr

 

 

135K

 

150K

 

88K

 

 

May 03

 

08:30

 

Nonfarm Private Payrolls

 

Apr

 

 

155K

 

166K

 

95K

 

 

May 03

 

08:30

 

Unemployment Rate

 

Apr

 

 

7.7%

 

7.6%

 

7.6%

 

 

May 03

 

08:30

 

Hourly Earnings

 

Apr

 

 

0.1%

 

0.2%

 

0.0%

 

 

May 03

 

08:30

 

Average Workweek

 

Apr

 

 

34.6

 

34.6

 

34.6

 

 

May 03

 

10:00

 

Factory Orders

 

Mar

 

 

-2.5%

 

-2.5%

 

3.0%

 

 

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

1523.75

1550.25

1584.25

1597.25

1595.75

1614.75

Jun Nasdaq


U

2736

2785

2861

2891

2868

2903

Jun JY


U

99.09

100.46

101.96

103.15

102.87

103.91

Jun EC


U

128.91

129.62

133.07

133.20

131.01

131.69

Jun 10 Year


U

132.14

132.30

148.02

148.30

133.23

134.01

Jun 30 Year


PRD( D)

146.25

147.27

148.02

148.330

149.18

150.07

July Soybeans


U

13.245

13.52

13.88

14.16

13.97

14.13

July Corn


U

5.99

6.10

6.34

6.63

6.29

6.39

June Gold


U

1368.8

1415.5

1461.9

1480.8

1496.8

1531.4

July Silver


D

21.58

22.79

23.95

24.48

25.02

26.04

July Copper


D

295

307

312

323

329

340

June Crude


D

85.26

89.02

91.88

94.43

95.20

97.62

 

 

 

 

 

 

 

 

 

 

 News