WELCOME

Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.

Dots

...If the dots don't connect, gather more dots until they do...

Vintage cafe

Vintage cafe

Events

UPCOMING (MAJOR) ECONOMIC EVENTS...
* Wed. Mar. 1 @ 2:00 pm ET ~ Beige Book Report
* Fri. Mar. 10 @ 8:30 am ET ~ Employment Data
* Tues. Mar. 14 ~ 2-day FOMC Meeting Begins
* Wed. Mar. 15 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
* Wed. Mar. 15 @ 8:30 am ET ~ Retail Sales
* Wed. Apr. 5 @ 2:00 pm ET ~ FOMC Meeting Minutes
*** Click here for link to Economic Calendars for all upcoming events

Thursday, November 17, 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...