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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

Retail sales are much stronger after three consecutive months of decline

Market News

8.14.12

Top Day Market News

 

Both retails sales and July PPI come in better than expected. Initial reflex to this is higher equities and lower bonds. Bonds have pierced daily technical support of 148.03. PPI is higher due to grain prices. Retail sales are much stronger after three consecutive months of decline. The Fed won’t be happy worth the PPI number. Currency trade is muted so far today, typical for August with the exception of the Yen. These numbers are not helpful to those looking for further stimulus by the Fed.

 

Week of August 13 - August 17

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Aug

14

 

08:30

 

Retail Sales

 

Jul

 

 

0.0%

 

0.2%

 

-0.5%

 

Aug

14

 

08:30

 

Retail Sales ex-auto

 

Jul

 

 

0.0%

 

0.3%

 

-0.4%

 

Aug

14

 

08:30

 

PPI

 

Jul

 

 

0.2%

 

0.2%

 

0.1%

 

Aug

14

 

08:30

 

Core PPI

 

Jul

 

 

0.2%

 

0.2%

 

0.2%

 

Aug

14

 

10:00

 

Business Inventories

 

Jun

 

 

0.2%

 

0.2%

 

0.3%

 

Aug

15

 

07:00

 

MBA Mortgage Index

 

08/11

 

 

NA

 

NA

 

-1.8%

 

Aug

15

 

08:30

 

CPI

 

Jul

 

 

0.2%

 

0.2%

 

0.0%

 

Aug

15

 

08:30

 

Core CPI

 

Jul

 

 

0.2%

 

0.2%

 

0.2%

 

Aug

15

 

08:30

 

Empire Manufacturing

 

Aug

 

 

5.0

 

5.0

 

7.4

 

Aug

15

 

09:00

Net Long-Term TIC Flows

 

Jun

 

 

NA

 

NA

 

$55.0B

 

Aug

15

 

09:15

 

Industrial Production

 

Jul

 

 

1.0%

 

0.6%

 

0.4%

 

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Aug

15

 

09:15

 

Capacity Utilization

 

Jul

 

 

79.4%

 

79.3%

 

78.9%

 

Aug

15

 

10:00

NAHB Housing

Market Index

 

Aug

 

 

35

 

35

 

35

 

Aug

15

 

10:30

 

Crude Inventories

 

08/11

 

 

NA

 

NA

-

3.729M

 

Aug

16

 

08:30

 

Initial Claims

 

08/11

 

 

365K

 

368K

 

361K

 

Aug

16

 

08:30

 

Continuing Claims

 

08/04

 

 

3300K

 

3300K

 

3332K

 

Aug

16

 

08:30

 

Housing Starts

 

Jul

 

 

770K

 

763K

 

760K

 

Aug

16

 

08:30

 

Building Permits

 

Jul

 

 

750K

 

770K

 

755K

 

Aug

16

 

10:00

 

Philadelphia Fed

 

Aug

 

 

-5.0

 

-5.0

 

-12.9

 

Aug

17

 

09:55

 

Mich Sentiment

 

Aug

 

 

71.0

 

72.2

 

72.3

 

Aug

17

 

10:00

 

Leading Indicators

 

Jul

 

 

0.2%

 

0.2%

 

-0.3%

 


 

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

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

Sept ES

U

1381.25

1392

1396.50

1410.00

1408.5

0

1414.25

Sept Nasdaq


U

2654

2687

2712.50

2745.00

2739

2756

Sept Yen


U

126.50

127.17

127.39

127.88

128.27

128.70

Sept EC


D

121.25

122.11

122.76

124.40

124.15

125.35

Sept 10 Year


D

132.18

133.05

133.09

133.26

134.10

134.28

Sept 30 Year


D

145.26

147.10

148.03

149.07

150.11

151.28

Nov Soybeans


U

15.09

15.76

15.63

16.35

16.89

17.35

 

 

 

 

 

 

 

 

Sept Corn


D

7.63

7.86

7.60

7.99

8.29

8.48

DEC Gold


U

1595

1609

15.98

1623.0

1633.4

1643.7

Sept Silver


PRD(D)

27.18

27.61

27.40

28.04

28.40

28.75

Sept Copper


PRD(D)

329

355

330

338

345

350

Sept Crude


D

88.82

91.10

90.88

93.89

95.19

97.00

 

 

 

 

 

 

 

 

 

News