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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

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The ADP private jobs forecast comes in at only 118K.

Market News

12.05.12

Top Day Market News

The ADP private jobs forecast comes in at 118K against an expectation of 125K. There was also a downward revision for the previous month. This was slightly offset by a strong Q3 productivity number and lower unit labor costs. This augurs for a sluggish job creation number Friday which is projected to show just an add of 80K in new jobs.  Stronger dollar this morning provides a headwind for metals. We get oil inventories at 10:30.

Still getting used to downtown and the drone of generators.

 

 

Week of December 03 - December 07

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Dec 03

 

10:00

 

ISM Index

 

Nov

 

49.5

 

50.0

 

51.2

 

51.7

 

 

Dec 03

 

10:00

Construction Spending

 

Oct

 

1.4%

 

0.3%

 

0.4%

 

0.5%

 

0.6%

 

Dec 03

 

14:00

 

Auto Sales

 

Nov

 

5.6M

 

NA

 

NA

 

5.2M

 

 

Dec 03

 

14:00

 

Truck Sales

 

Nov

 

6.5M

 

NA

 

NA

 

6.0M

 

 

Dec 05

 

07:00

 

MBA Mortgage Index

 

12/01

 

 

NA

 

NA

 

-0.9%

 

 

Dec 05

 

08:15

ADP Employment Change

 

Nov

 

 

125K

 

125K

 

158K

 

 

Dec 05

 

08:30

 

Productivity-Rev.

 

Q3

 

 

2.4%

 

2.7%

 

1.9%

 

 

Dec 05

 

08:30

 

Unit Labor Costs -Rev

 

Q3

 

 

-0.8%

 

-0.8%

 

-0.1%

 

 

Dec 05

 

10:00

 

Factory Orders

 

Oct

 

 

-0.5%

 

-0.1%

 

4.8%

 

 

Dec

 

10:00

 

ISM Services

 

Nov

 

 

53.0

 

53.7

 

54.2

 

                   

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

 

 

 

 

 

 

 

 

 

Dec 05

 

10:30

 

Crude Inventories

 

12/01

 

 

NA

 

NA

- 0.347M

 

 

Dec 06

 

07:30

 

Challenger Job Cuts

 

Nov

 

 

NA

 

NA

 

11.6%

 

 

Dec 06

 

08:30

 

Initial Claims

 

12/1

 

 

385K

 

382K

 

393K

 

 

Dec 06

 

08:30

 

Continuing Claims

 

11/24

 

 

3250K

 

3275K

 

3287K

 

 

Dec 07

 

08:30

 

Nonfarm Payrolls

 

Nov

 

 

80K

 

90K

 

171K

 

 

Dec 07

 

08:30

Nonfarm Private Payrolls

 

Nov

 

 

50K

 

120K

 

184K

 

 

Dec 07

 

08:30

 

Unemployment Rate

 

Nov

 

 

8.1%

 

8.0%

 

7.9%

 

 

Dec 07

 

08:30

 

Hourly Earnings

 

Nov

 

 

0.0%

 

0.1%

 

0.0%

 

 

Dec 07

 

08:30

 

Average Workweek

 

Nov

 

 

34.4

 

34.4

 

34.4

 

 

Dec 07

 

09:55

 

Mich Sentiment

 

Dec

 

 

82.0

 

82.4

 

82.7

 

 

Dec 07

 

15:00

 

Consumer Credit

 

Oct

 

 

$8.0B

 

$9.9B

 

$11.4B

 

 

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(D)

1369.50

1392.50

1401

1416.5

1429

1442.50

Dec Nasdaq

PRD(D)

2582.25

2631.50

2651

2689

2709.5

0

2738.50

Dec Yen

 

PRD(U)

119.98

120.68

121.33

122.50

122.25

123.12

Dec EC

 

U

128.20

129.00

130.62

131.49

130.75

131.62

Mar 10 Year

 

U

132.27

133.08

133.12

133.22

134.02

134.15

Mar 30 Year

 

U

148.15

149.08

149.20

150.15

151.10

152.19

Jan Soybeans

 

PRD(U)

13.95

14.17

14.40

14.75

14.60

14.81

Mar Corn

 

D

7.33

7.43

7.46

7.57

7.64

7.76

Feb Gold

 

D

1679.60

1698.1

1685

1729

1744.9

1773.2

Mar Silver

 

U

32.16

32.83

32.45

33.45

34.32

33.15

Mar Copper

 

U

343

354

363

370

369

375

Jan Crude

 

U

84.13

86.53

87.65

89.26

90.18

91.39

 

 

 

 

 

 

 

 

News