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

Unemployment number was far better than expected

12.09.2013

Top Day Recommendations

No eco releases today. The unemployment number was far better than expected in terms of job creation, should have been a positive for the dollar and a negative for bonds. This failed to materialize however. The stock market interpreted this good news as good news and rallied. Bonds moved higher as well and the dollar edged lower because of seasonal tendencies? It should always be remembered that markets don’t have to make sense. Probably the most surprising move last week was crude to the upside in the face of a well supplied market.

 

Week of December 09 - December 13

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Dec 10

10:00

Wholesale  Inventories

Oct

 

0.3%

0.3%

0.4%

 

Dec 10

10:00

JOLTS - Job

Openings

Oct

 

NA

NA

3.913M

 

Dec 11

07:00

MBA Mortgage Index

12/07

 

NA

NA

-12.8%

 

Dec 11

10:30

Crude Inventories

12/07

 

NA

NA

-5.585M

 

Dec 11

14:00

Treasury Budget

Nov

 

NA

NA

-$172.1B

 

Dec 12

08:30

Initial Claims

12/07

 

325K

315K

298K

 

Dec 12

08:30

Continuing Claims

11/30

 

2750K

2750K

2744K

 

Dec 12

08:30

Retail Sales

Nov

 

0.9%

0.6%

0.4%

 

Dec 12

08:30

Retail Sales ex-auto

Nov

 

0.5%

0.3%

0.2%

 

                   

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Dec 12

08:30

Export Prices ex-ag.

Nov

 

NA

NA

-0.4%

 

Dec 12

08:30

Import Prices ex-oil

Nov

 

NA

NA

0.0%

 

Dec 12

10:00

Business Inventories

Oct

 

0.3%

0.3%

0.6%

 

Dec 12

10:30

Natural Gas Inventories

12/07

 

NA

NA

NA

 

Dec 13

08:30

PPI

Nov

 

-0.1%

-0.1%

-0.2%

 

Dec 13

08:30

Core PPI

Nov

 

0.1%

0.1%

0.2%

 


 

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

1767

1786

1791

1813

1817

1828

Dec Nasdaq

U

3432

3469

3484

3517

3526

3547

Dec Yen

U

9577

9647

9673

9800

9814

9911

Dec EC

U

134.58

135.77

136.38

137.31

137.62

138.28

Mar 10 Year Note

D

122.27

123.17

123.25

124.19

125.03

126.00

Mar 30 Year Bond

U

126.20

127.25

128.04

129.20

130.01

131.22

Jan Soybeans

U

12.92

13.09

13.18

13.34

13.43

13.62

Mar Corn

U

4.09

4.22

4.30

4.40

4.43

4.51

Feb Gold

D

1189

1209.5

1211

1245

1250.9

1274.1

March Silver

D

18.36

18.93

19.19

19.81

20.05

20.59

March Copper

U

312

318

323

326

328

332

Jan Crude

U

93.00

94.42

97.13

98.11

99.94

101.85