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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Overnight, equity markets are mixed.

Market News

10.17.12

Top Day Market News

Overnight, equity markets are mixed. The euro is higher, trading at a one month high. Moody’s didn’t mark down Spanish debt to junk and this is a positive. Yield on Italian 2 year notes is below 2% and the yield on the Portuguese 10 year is below 8%.  Housing starts are up 15% and permits are up 11.6%, both way above expectations and a bond market negative which is in a potential trend reversal day.


 

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%

 

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%

 

                   

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

 

 

 

 

 

 

 

 

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

PRD(U)

1395.50

1408.50

1438.75

1455.50

1445.5

0

1470.25

Dec Nasdaq

PRDU)

2641

2675

2737

2785

2776.2

5

2842.50

Dec Yen


PRD(D)

126.36

126.93

126.60

127.34

128.32

129.00

Dec EC


U

127.43

128.54

129.77

131.42

130.55

131.45

DEC 10 Year


U

132.16

132.29

132.14

133.06

133.20

133.30

Dec 30 Year


PRD(D)

146.04

147.27

14721

149.03

150.24

151.30

Nov Soybeans


D

14.71

14.96

14.86

15.08

15.61

15.99

Dec Corn


D

7.09

7.31

7.33

7.48

7.75

7.97

DEC Gold


D

1734.80

1745.10

1738

1757

1774.1

1792.80

Dec Silver


D

32.68

33.08

37.71

33.32

34.23

34.98

Dec Copper


D

363

386

368

374

375

380

Nov Crude


PRD(U)

86.14

89.08

91.48

92.92

94.49

96.96

 

 

 

 

 

 

 

 

 News