{"id":22103,"date":"2025-08-13T13:34:02","date_gmt":"2025-08-13T20:34:02","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=22103"},"modified":"2025-08-13T13:34:02","modified_gmt":"2025-08-13T20:34:02","slug":"stocks-climb-ahead-of-ppi-retail-sales-and-global-talks-dec-meal-outlook-august-14th-2026","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/stocks-climb-ahead-of-ppi-retail-sales-and-global-talks-dec-meal-outlook-august-14th-2026\/","title":{"rendered":"Stocks Climb Ahead of PPI, Retail Sales, and Global Talks; Dec Meal Outlook – August 14th 2026"},"content":{"rendered":"

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Bullet Points, Highlights, Announcements<\/h1>\n

By Mark O’ Brien, Senior Broker<\/em><\/h4>\n

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General:<\/strong><\/p>\n

Keep an eye out for the Labor Department\u2019s release of this month\u2019s Producer Price Index tomorrow.\u00a0As with Tuesday\u2019s Consumer Price Index, PPI will be looked at as guidance for the Federal Reserve as it approaches its September 16-17 meeting.\u00a0The report shows the cost of wholesale goods and services and reflects what companies pay for supplies such as grains, fuel, metals, lumber, packaging and so forth.\u00a0On Friday, the Census Bureau will release its latest Retail Sales numbers.\u00a0Both reports come out at 7:30 A.M., Central Time<\/p>\n

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Also on Friday and potentially market moving across some asset classes, The president Trump will meet his Russian counterpart in Alaska to discuss ending the conflict between Moscow and Kyiv which is now well into its third year,<\/p>\n

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Indexes:<\/strong><\/p>\n

Stock index futures climbed today with the front month E-mini S&P 500 and E-mini Nasdaq Composite notching back-to-back record highs as investors bet almost unanimously on a Federal Reserve rate cut at its next meeting following Tuesday\u2019s inflation data.\u00a0Though the data from the Labor Department\u2019s Consumer Price Index showed inflation had ticked up, it increased less than expected. The September E-mini Dow Jones is once again within striking distance of an all-time high last reached in December.<\/p>\n

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Energy:<\/strong><\/p>\n

U.S. crude oil inventories rose last week as domestic production and imports increased, while product stocks were mixed, according to data released today by the U.S. Energy Information Administration.\u00a0Commercial crude oil stocks excluding the Strategic Petroleum Reserve increased by 3 million barrels to 426.7 million barrels.\u00a0Analysts predicted crude stockpiles would fall by 1 million barrels.\u00a0As a result, September crude oil traded below $62\/barrel intraday, its ninth lower daily price decline in ten trading sessions and a 2-month low.<\/p>\n

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After dropping to a new intraday eight-month low early in the session, September natural gas futures edged up today. On Tuesday, the contract closed at its lowest since November 14.\u00a0The U.S. National Hurricane Center projected Tropical Storm Erin will strengthen into a major hurricane as it moves west across the Atlantic Ocean toward the Bahamas by early next week.\u00a0The approach could negatively affect U.S. East Coast demand and further pressure prices.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n

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December Meal<\/h1>\n

December meal created an interim low last month and now has activated upside PriceCount objectives on the correction. The first count projects a possible run to the $301 area which would require a break out above the downtrend and a constructive shift in the chart formation.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an \u2018exact\u2019 science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. <\/em><\/p>\n

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com<\/em><\/p>\n

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.<\/em>\u200a<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Daily Levels for Aug 14th, 2025<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Want to feature our updated trading levels on your website?\u00a0Simply paste a small code, and they’ll update automatically every day!\u00a0<\/em><\/h3>\n

Click here for quick and easy instructions<\/a>.<\/em><\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Economic Reports<\/h3>\n

provided by:\u00a0<\/a>ForexFactory.com<\/a><\/p>\n

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Find us on Trustpilot<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Listen to our podcast: Subscribe on\u00a0Apple<\/a>,\u00a0Spotif<\/a>y,\u00a0Amazon<\/a><\/p>\n

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Cannon Trading Co., Inc.<\/span><\/em><\/p>\n

12100 Wilshire Blvd.<\/span><\/em><\/p>\n

Suite 1640<\/span><\/em><\/p>\n

Los Angeles, CA 90025 US<\/span><\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Bullet Points, Highlights, Announcements By Mark O’ Brien, Senior Broker General: Keep an eye out for the Labor Department\u2019s release of this month\u2019s Producer Price Index tomorrow.\u00a0As with Tuesday\u2019s Consumer Price Index, PPI will be looked at as guidance for the Federal Reserve as it approaches its September 16-17 meeting.\u00a0The report shows the cost of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-22103","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=22103"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22103\/revisions"}],"predecessor-version":[{"id":22105,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22103\/revisions\/22105"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=22103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=22103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=22103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}