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.

Cruise

Cruise

Events

UPCOMING ECONOMIC EVENTS...
* Tues. July 26 ~ 2-day FOMC Meeting Begins
* Wed. July 27 @ 2:00 pm ET ~ FOMC Announcement
* Wed. Aug. 17 @ 2:00 pm ET ~ FOMC Minutes
* Fri. Sept. 2 @ 8:30 am ET ~ Employment Data
* Wed. Sept. 7 @ 2:00 pm ET ~ Beige Book Report
* Tues. Sept. 20 ~ 2-day FOMC Meeting Begins
* Wed. Sept. 21 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
*** Click here for link to Economic Calendars for all upcoming events

Conventions

UPCOMING U.S. POLITICAL EVENTS...
*** 2016 U.S. Republican National Convention -- July 18-21
*** 2016 U.S. Democratic National Convention -- July 25-28
*** 2016 U.S. Presidential Election -- Tuesday, November 8

Monday, January 23, 2012

European Consumer Confidence Has Not Improved

European Confidence data released today shows that consumer confidence remains depressed at 2008/09 levels, well below zero, as shown on the graph below. This low level of consumer spending is fact in spite of the rosy picture that markets are attempting to paint and is well below the average recorded for the past nine years.