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...

Fall Paris

Fall Paris

Events

UPCOMING (MAJOR) ECONOMIC EVENTS...
* Wed. Oct. 18 @ 2:00 pm ET ~ Beige Book Report
* Tues. Oct. 31 ~ 2-day FOMC Meeting Begins
* Wed. Nov. 1 @ 2:00 pm ET ~ FOMC Announcement
* Fri. Nov. 3 @ 8:30 am ET ~ Employment Data
* Wed. Nov. 22 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Tues. Dec. 12 ~ 2-day FOMC Meeting Begins
* Wed. Dec. 13 @ 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

Saturday, December 10, 2016

Four-Year Dearth in Retail Sales

The Retail Sales m/m report for November (includes auto sales) is being released on December 14 at 8:30 am...the consensus is 0.3%.

For around 10 years, from 2002 to 2013, average monthly sales were 1.0%. For the past 4 years, average sales have been less than 0.5%.

We'll see if this lackluster trend continues into 2017...or, whether Americans will be induced to open their wallets again by the recent stock market "Trump bump" and as the Trump economic and tax agendas become clearer and take shape.

Let's see if December's report is any rosier when it's released next month (January 13th @ 8:30 am).


* UPDATE December 14th:

Actual Retail Sales m/m print for November was 0.1%...lower than forecast...watch this space...