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

Euro is at a six week low.

Market News

05.15.13

Top Day Market News

Empire State Manufacturing out at 8:30. That came in showing a greater than expected decline of -1.43% Producer Price Index and Core Producer Price Index. PPI comes in down 0.7% with the core rate at +0.1%.  Industrial Production and Capacity Utilization at 9:15. Crude inventories at 10:30

A busy day. Overnight, John Deere cuts projections due to a late spring. More deleveraging as the dollar continues its strength. Euro is at a six week low, crude at a two week low and gold is at a three week low while stocks surge higher and rates back up.


 

Week of May 13 - May 17

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

May 13

 

08:30

 

Retail Sales

 

Apr

 

 

-0.7%

 

-0.3%

 

-0.4%

 

 

May 13

 

08:30

 

Retail Sales ex-auto

 

Apr

 

 

-0.5%

 

-0.2%

 

-0.4%

 

 

May 13

 

10:00

 

Business Inventories

 

Mar

 

 

0.4%

 

0.3%

 

0.1%

 

 

May 14

 

08:30

 

Export Prices ex-ag.

 

Apr

 

 

NA

 

NA

 

-0.2%

 

 

May 14

 

08:30

 

Import Prices ex-oil

 

Apr

 

 

NA

 

NA

 

-0.2%

 

                   

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

May 15

 

07:00

 

MBA Mortgage Index

 

05/11

 

 

NA

 

NA

 

7.0%

 

 

May 15

 

08:30

 

PPI

 

Apr

 

 

-0.5%

 

-0.5%

 

-0.6%

 

 

May 15

 

08:30

 

Core PPI

 

Apr

 

 

0.2%

 

0.1%

 

0.2%

 

 

May 15

 

08:30

 

Empire Manufacturing

 

May

 

 

1.0

 

3.5

 

3.1

 

 

May 15

 

09:00

 

Net Long-Term TIC Flows

 

Mar

 

 

NA

 

NA

-

$17.8B

 

 

May 15

 

09:15

 

Industrial Production

 

Apr

 

 

-0.5%

 

-0.2%

 

0.4%

 

 

May 15

 

09:15

 

Capacity Utilization

 

Apr

 

 

78.0%

 

78.3%

 

78.5%

 

 

May 15

 

10:00

 

NAHB Housing Market Index

 

May

 

 

43

 

44

 

42

 

 

May 15

 

10:30

 

Crude Inventories

 

05/11

 

 

NA

 

NA

 

0.230M

 

 

May 16

 

08:30

 

Initial Claims

 

05/11

 

 

335K

 

330K

 

323K

 

 

May 16

 

08:30

 

Continuing Claims

 

05/04

 

 

3015K

 

3005K

 

3005K

 

 

May 16

 

08:30

 

CPI

 

Apr

 

 

-0.2%

 

-0.2%

 

-0.2%

 

 

May 16

 

08:30

 

Core CPI

 

Apr

 

 

0.2%

 

0.2%

 

0.1%

 

 

May 16

 

08:30

 

Housing Starts

 

Apr

 

 

915K

 

970K

 

1036K

 

 

May 16

 

08:30

 

Building Permits

 

Apr

 

 

950K

 

950K

 

902K

 

 

May 16

 

10:00

 

Philadelphia Fed

 

May

 

 

2.0

 

2.5

 

1.3

 

 

May 16

 

10:30

 

Natural Gas Inventories

 

05/11

 

 

NA

 

NA

 

88 bcf

 

 

 

May 17

 

 

09:55

 

 

Mich Sentiment

 

May

 

 

79.0

 

78.5

 

76.4

 

 

May 17

 

10:00

 

Leading Indicators

 

Apr

 

 

0.3%

 

0.3%

 

-0.1%

 


 

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

1598

1613

1633.50

1655

1638.50

1647

Jun Nasdaq


U

2921

2949

2979

3009.75

2991

3005

Jun JY


D

95.94

97.22

97.37

98.52

100.82

102.74

Jun EC


D

127.80

128.83

128.89

130.10

131.43

133.00

Jun 10 Year


D

131.06

131.27

131.05

132.02

132.24

133.13

Jun 30 Year


D

142.25

144.14

142.19

144.31

146.29

148.15

July Soybeans


U

13.41

13.70

14.04

14.25

14.23

14.48

July Corn


U

6.10

6.29

6.466

6..58

6.50

6.65

June Gold


D

1388

1417.5

1404.5

1439

1477.5

1507

July Silver


D

22.12

23.16

23.05

23.73

24.43

25.06

July Copper


PRD( D)

321

329

324

335

343

348

June Crude


D

91.97

94.08

93.48

95.79

97.84

99.49

 

 

 

 

 

 

 

 

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