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...




* 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

Thursday, May 16, 2013

More Weak Economic Data...My 2-Cent Opinion

More weak economic data was released today (Thursday), as shown on the graphs below.

Isn't this just another signal (in addition to previous weak data) that the Fed's monetary/economic stimulus policies of low interest rates and bond-buying program is not having the effect that it desired? The only effect seems to be a higher stock market, which is in the green, once again (and at/near all-time highs), as I write this at 11:30 am.

I wonder if economics will ever play a role in the stock markets again...as long as the markets have the Fed's tacit approval to carry on, I don't think so...therefore, data releases are irrelevant.