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

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Enjoy the weekend

Market News

9.14.12

Top Day Market News

Well, the Fed is doing about all it can do to foster job creation. The Fed will be buying mortgaged backed securities on an open ended basis. Yesterday, it was “buy the rumor, sell the news then buy the news.” The shorts were hoping for relief on the back end of the announcement instead they found more pain. Equities were propelled to 5 year highs and the dollar trades lower across the board. We are already in September and many money managers are woefully underperforming the broad market. As evidenced by volume, this market is massively underinvested.

Retail sales as expected at up.09 ex autos and gas up.01% CPI up .06%, ex food and energy up .01%.  Enjoy the weekend.


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%

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

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

 

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

U

1379.50

1408.75

1440

1481

1453.2

5

1468.00

Sept Nasdaq


PRD(U)

2707

2765

2795

2875

2858

2894

Sept Yen


U

125.85

126.79

127.82

129.72

128.46

129.16

Sept EC


U

123.90

125.94

128.92

130.97

129.11

130.24

DEC Sept 10 Year


D

131.14

132.07

132..02

133.20

133.26

134.19

Dec 30 Year


D

146.08

147.24

146.03

148.12

151.11

153.14

Nov Soybea ns

PRD(U)

16.86

17.11

17.36

17.60

17.75

18.13

Dec Corn


D

7.73

7.865

7.67

7.76

8.13

8.27

DEC Gold


U

1666.50

1701.6

1736

1810

1759.4

1781.3

Dec Silver


U

30.82

32.27

33.37

35.25

34.47

35.22

Dec Copper


U

335

349

372

379

371

379

Oct Crude


U

92.39

94.34

99.02

99.87

97.97

99.65

 

 

 

 

 

 

 

 


 News