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

Japan is about to become the single greatest holder of US debt supplanting China.

Market News

10.16.12

Top Day Market News

Headline Consumer Price Index comes in at +0.6 with the core rate (minus food and energy) comes in at +0.1%. The headline is hotter than expected. The core rate is cooler than expected.  Industrial production and capacity utilization will be released at 9:15.  Japan is about to become the single greatest holder of US debt supplanting China. As much as there is a concern voiced over the levels of foreign holdings of US debt, the positive aspect is that the demand is skewed to the buy side and brings down the cost of financing deficits. Bids to buy US debt is running at a record $3.17 for each dollar of debt offered. 10 year yields are at 1.68 percent compared to 2.25% a year ago.

Week of October 15 - October 19

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

 

Oct 15

 

08:30

 

Retail Sales

 

Sep

 

 

1.0%

 

0.7%

 

0.9%

 

 

Oct 15

 

08:30

 

Retail Sales ex-auto

 

Sep

 

 

0.7%

 

0.6%

 

0.8%

 

 

Oct 15

 

08:30

 

Empire Manufacturing

 

Oct

 

 

-2.0

 

-2.8

 

-10.4

 

 

Oct 15

 

10:00

 

Business Inventories

 

Aug

 

 

0.5%

 

0.5%

 

0.8%

 

 

Oct 16

 

08:30

 

CPI

 

Sep

 

 

0.5%

 

0.5%

 

0.6%

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

 

Oct 16

 

08:30

 

Core CPI

 

Sep

 

 

0.1%

 

0.2%

 

0.1%

 

 

Oct 16

 

09:00

Net Long-Term TIC Flows

 

Aug

 

 

NA

 

NA

 

$67.0B

 

 

Oct 16

 

09:15

 

Industrial Production

 

Sep

 

 

0.0%

 

0.3%

 

-1.2%

 

 

Oct 16

 

09:15

 

Capacity Utilization

 

Sep

 

 

78.2%

 

78.3%

 

78.2%

 

 

Oct 16

 

10:00

NAHB Housing

Market Index

 

Oct

 

 

42

 

42

 

40

 

 

Oct 17

 

07:00

 

MBA Mortgage Index

 

10/13

 

 

NA

 

NA

 

-1.2%

 

 

Oct 17

 

08:30

 

Housing Starts

 

Sep

 

 

765K

 

768K

 

750K

 

 

Oct 17

 

08:30

 

Building Permits

 

Sep

 

 

815K

 

815K

 

803K

 

 

Oct 17

 

10:30

 

Crude Inventories

 

10/13

 

 

NA

 

NA

 

1.672M

 

 

Oct 18

 

08:30

 

Initial Claims

 

10/13

 

 

370K

 

360K

 

339K

 

 

Oct 18

 

08:30

 

Continuing Claims

 

10/6

 

 

3275K

 

3275K

 

3273K

 

 

Oct 18

 

10:00

 

Philadelphia Fed

 

Oct

 

 

0.0

 

-0.1

 

-1.9

 

 

Oct 18

 

10:00

 

Leading Indicators

 

Sep

 

 

0.1%

 

0.2%

 

-0.1%

 

 

Oct 19

 

10:00

 

Existing Home Sales

 

Sep

 

 

4.90M

 

4.70M

 

4.82M

 

 

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

Dec ES

D

1395.50

1408.50

1422.50

1442.50

1445.5

0

1470.25

Dec Nasdaq

 

D

2641

2675

2712

2743

2776.2

5

2842.50

Dec Yen

 

U

126.36

126.93

126.37

127.64

128.32

129.00

Dec EC

 

U

127.43

128.54

129.02

130.33

130.55

131.45

DEC 10 Year

 

U

132.16

132.29

133.01

133.14

133.20

133.30

Dec 30 Year

 

U

146.04

147.27

149.01

149.27

150.24

151.30

Nov Soybeans

 

D

14.71

14.96

14.78

15.33

15.61

15.99

Dec Corn

 

D

7.09

7.31

7.29

7.48

7.75

7.97

DEC Gold

 

D

1734.80

1745.10

1726

1752

1774.1

1792.80

Dec Silver

 

D

32.68

33.08

32.38

33.28

34.23

34.98

Dec Copper

 

D

363

386

366

375

375

380

Nov Crude

 

D

86.14

89.08

90.31

92.77

94.49

96.96

News