Welcome and thank you for visiting!

The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.

*** N.B. to my readers: Although I stopped trading in July 2013, I still take a peek at the markets now and then and post the occasional article here on my Blog.
NEW SERVICE: I'm pleased to announce the launch of my new service as a Certified Professional Life Coach...please check out this page for details and updates.

TGIF

TGIF

EVENTS

UPCOMING ECONOMIC EVENTS
* Thurs. Nov. 27th - U.S. markets closed for Thanksgiving
* Fri. Nov. 28th - NYSE closes @ 1:00 pm ET
* Wed. Dec. 17th @ 2:00pm - FOMC Interest Rate Announcement + FOMC Economic Forecasts...2:30 pm - Chair Press Conference

Thursday, 17 November 2011

Philadelphia Fed Manufacturing Index

The monthly Philadelphia Fed Manufacturing Index data released at 10:00 a.m. today showed a drop from 8.7 to 3.6 as shown on the graph below...levels seen in 2007.


Here's how the YM, ES, NQ & TF responded:


Go figure...