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.


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

Happy St. Patrick's Day

Happy St. Patrick's Day
Happy St. Patrick's Day!


* Wed. March 21 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
* Fri. March 30 ~ U.S. markets closed for Good Friday Holiday
* Fri. April 6 @ 8:30 am ET ~ Employment Data
* Wed. April 11 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* Wed. April 11 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Wed. April 18 @ 2:00 pm ET ~ Beige Book Report
* Wed. May 2 @ 2:00 pm ET ~ FOMC Announcement
*** Click here for link to Economic Calendars for all upcoming events

Friday, November 09, 2012

Goods Continue to Pile Up in Inventories

Data released today (Friday) shows that goods continued to pile up in inventories, as has been the trend for most of this year, as shown on the graph below.

It's a signal of future business spending (because companies are more likely to purchase goods once they have depleted inventories). The rising trend would suggest that future business spending will decrease and that businesses will have to cut the price of their goods in order to move what's currently in their inventories. This would weigh on their net profits on the assumption that their production costs were done so at inflated prices...not a good sign for Q4 earnings growth.