Monday, May 27, 2013

Charting Last Week (5/20- 5/24/13)

The Daily Leading Index rose by 1.14% percentage points to 7.78%. The Daily Coincident Index is at 2.48%. The Daily Leading Index page on the tab above is updated daily during the week. Equities and Bond prices were down across the board. International Equities were hit particularly hard as the Nikkei 225 dropped 7.3% on Thursday. The Nikkei 225 is still up by over 70% since last November. The charts below show the normal trading ranges for various indices for the last six months. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range. The Leading Index for the International Developed Markets (EFA) rose to 1.63%. The Leading Index for International Emerging Markets (EEM) is at 5.39%. On the chart below, you can click on the blue and red buttons to see the Leading Indicator growth rate and an ETF for each country.
All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

These charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Sunday, May 19, 2013

Charting Last Week (5/13- 5/17/13)

The Daily Leading Index rose by 1.79% percentage points to 6.71%. The Daily Coincident Index is at 2.48%. The Daily Leading Index page on the tab above is updated daily during the week. The S&P 500 (SPY) once again closed the week farther into record territory. Bond prices were down for the week. The charts below show the normal trading ranges for various indices for the last six months. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range. The Leading Index for the International Developed Markets (EFA) rose to 1.58%. The Leading Index for International Emerging Markets (EEM) is at 5.37%. On the chart below, you can click on the blue and red buttons to see the Leading Indicator growth rate and an ETF for each country.
All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

These charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Tuesday, May 14, 2013

International Leading Indicators - 5-14-13

The Leading Indicator for International Developed Markets (EFA) rose to 1.59% and is 0.27% percentage points higher than last month. The Leading Indicator for International Emerging Markets (EEM) fell to 5.30%.

The OECD released their Leading Indicators for most major countries today. When available, I have averaged the indicators with the Conference Board's Leading indicators to create a composite for each country. I created Leading Indicators for International Developed Markets (EFA) and International Emerging Markets (EEM) by weighting each country's growth rate by the market share of each country's stocks in the respective funds. On the last chart below, you can click on the blue and red buttons to see the Leading Indicator growth rate and an ETF for various countries.
All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Sunday, May 12, 2013

Charting Last Week (5/6- 5/10/13)

The Daily Leading Index rose by 0.18% percentage points to 4.91%. The Daily Coincident Index is at 2.90%. The Daily Leading Index page on the tab above is updated daily during the week. The S&P 500 (SPY) closed the week farther into record territory. Bond prices were down for the week. The charts below show the normal trading ranges for various indices for the last six months. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range. The Leading Index for the International Developed Markets (EFA) rose to 1.53% after a surge in Japan's Leading Index. The Leading Index for International Emerging Markets (EEM) remained at 5.38%. On the chart below, you can click on the blue and red buttons to see the Leading Indicator growth rate and an ETF for each country.
All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

These charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Sunday, May 5, 2013

Charting Last Week (4/29- 5/3/13)

The Daily Leading Index fell by 0.29% percentage points to 4.73%. The Daily Coincident Index is at 2.90%. The Daily Leading Index page on the tab above is updated daily during the week. The S&P 500 pressed farther into record territory this week closing above 1600 for the first time. Bond prices were down for the week. The charts below show the normal trading ranges for various indices for the last six months. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range. The Leading Index for the International Developed Markets (EFA) fell to 1.00%. The Leading Index for International Emerging Markets (EEM) remained at 5.38%. On the chart below, you can click on the blue and red buttons to see the Leading Indicator growth rate and an ETF for each country.
All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

These charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.