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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

Unemployment report on Friday disappointed

Market News

9.10.12 

Top Day Market News

Unemployment report on Friday disappointed showing only an aggregate add of 96K in new jobs, below estimates and not even close to the ADP number of 201K. The headline came down to 8.1% based on discouraged workers. Ideas that the Fed would trigger QE3 based on this metric weakened the dollar, particularly against the EC. Interestingly enough the implied inflationary implications from a liquidity injection saw the long bond end up lower on the session after a thrust higher.  We get a 2 day Fed meeting this week. Stay tuned.

Week of September 10 - September 14

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Sep

10

 

15:00

 

Consumer Credit

 

Jul

 

 

$8.0B

 

$10.0B

 

$6.5B

 

Sep

11

 

08:30

 

Trade Balance

 

Jul

 

 

-$46.0B

 

-$44.0B

 

-$42.9B

 

Sep

12

 

07:00

 

MBA Mortgage Index

 

09/08

 

 

NA

 

NA

 

-2.5%

 

Sep

12

 

08:30

 

Export Prices ex-ag.

 

Aug

 

 

NA

 

NA

 

-1.4%

 

Sep

12

 

08:30

 

Import Prices ex-oil

 

Aug

 

 

NA

 

NA

 

-0.3%

 

Sep

12

 

10:00

Wholesale

Inventories

 

Jul

 

 

0.0%

 

0.3%

 

-0.2%

 

Sep

12

 

10:30

 

Crude Inventories

 

09/08

 

 

NA

 

NA

 

-7.426M

 

Sep

13

 

08:30

 

Initial Claims

 

09/08

 

 

370K

 

369K

 

365K

 

Sep

13

 

08:30

 

Continuing Claims

 

09/01

 

 

3315K

 

3300K

 

3322K

 

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Sep

13

 

08:30

 

PPI

 

Aug

 

 

1.2%

 

1.2%

 

0.3%

 

Sep

13

 

08:30

 

Core PPI

 

Aug

 

 

0.1%

 

0.2%

 

0.4%

 

Sep

13

 

12:30

 

FOMC Rate Decision

 

Sep

 

 

0.25%

 

0.25%

 

0.25%

 

Sep

13

 

14:00

 

Treasury Budget

 

Aug

 

 

NA

 

NA

-

$134.1B

 

Sep

14

 

08:30

 

Retail Sales

 

Aug

 

 

1.0%

 

0.7%

 

0.8%

 

Sep

14

 

08:30

 

Retail Sales ex-auto

 

Aug

 

 

0.1%

 

0.8%

 

0.8%

 

Sep

14

 

08:30

 

CPI

 

Aug

 

 

0.6%

 

0.6%

 

0.0%

 

Sep

14

 

08:30

 

Core CPI

 

Aug

 

 

0.1%

 

0.2%

 

0.1%

 

Sep

14

 

09:15

 

Industrial Production

 

Aug

 

 

-0.3%

 

-0.2%

 

0.6%

 

Sep

14

 

09:15

 

Capacity Utilization

 

Aug

 

 

78.9%

 

79.2%

 

79.3%

 

Sep

14

 

09:55

 

Mich Sentiment

 

Sep

 

 

73.0

 

73.3

 

74.3

 

Sep

14

 

10:00

 

Business Inventories

 

Jul

 

 

0.2%

 

0.4%

 

0.1

 

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

PRD(U)

1379.50

1408.75

1427.50

1444.00

1453.2

5

1468.00

Sept Nasdaq

 

D

2707

2765

2806.00

2844.00

2858

2894

Sept Yen

 

U

125.85

126.79

126.80

129.14

128.46

129.16

Sept EC

 

U

123.90

125.94

126.76

129.41

129.11

130.24

DEC Sept 10 Year

 

D

131.14

132.07

132.10

134.06

133.26

134.19

Dec 30 Year

 

D

146.08

147.24

148.03

150.21

151.11

153.14

Nov Soybeans

 

D

16.86

17.11

17.12

17.50

17.75

18.13

Dec Corn

 

PRD(U)

7.73

7.865

7.92

8.05

8.13

8.27

DEC Gold

 

U

1666.50

1701.6

1706.0

1760.00

1759.4

1781.3

Dec Silver

 

U

30.82

32.27

32.53

34.92

34.47

35.22

Dec Copper

 

U

335

349

354

369

371

379

Oct Crude

 

D

92.39

94.34

94.75

97.41

97.97

99.65

 

 

 

 

 

 

 

 


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