Sunday, July 28, 2013

Charting Last Week (7/22 - 7/26/13)

The Daily Leading Index rose by 1.07% percentage points to 7.72%. The Daily Coincident Index is at 2.87%. The Daily Leading Index page on the tab above is updated daily during the week.
Equities and bond prices were mostly down for the week. The S&P 500 is still threatening to break the 1700 mark. 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 3.21%. The index has been slowly yet consistently rising since the beginning of the year and is at the highest the index has been in over two years. The Leading Index for International Emerging Markets (EEM) is at 4.75%. 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, July 21, 2013

Charting Last Week (7/15 - 7/19/13)

The Daily Leading Index fell by 0.67% percentage points to 6.65%. The Daily Coincident Index is at 2.87%. The Daily Leading Index page on the tab above is updated daily during the week.
Equities and bond prices were up for the week. The S&P 500 (SPY) has posted gains in four consecutive weeks and is yet again in record territory. 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 3.17%. This is the highest the index has been in over two years. The Leading Index for International Emerging Markets (EEM) is at 4.89%. 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, July 14, 2013

Charting Last Week (7/8 - 7/12/13)

The Daily Leading Index fell by 0.31% percentage points to 7.32%. The Daily Coincident Index is at 2.77%. The Daily Leading Index page on the tab above is updated daily during the week.
Both equities and bond prices were up for the week as equities posted strong gains. The S&P 500 (SPY) is once again in record territory. 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.
There were no updates for International Leading Indices. The Leading Index for the International Developed Markets (EFA) rose to 3.13%. The Leading Index for International Emerging Markets (EEM) is at 4.90%. 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.

Monday, July 8, 2013

International Leading Indicators - 7/8/13

The Leading Indicator for International Developed Markets (EFA) rose to 2.81% and is 0.79% percentage points higher than last month. The Leading Indicator for International Emerging Markets (EEM) is at 4.97%. 

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, July 7, 2013

Charting Last Week (7/1 - 7/5/13)

The Daily Leading Index fell by 0.05% percentage points to 7.62%. The Daily Coincident Index is at 2.77%. The Daily Leading Index page on the tab above is updated daily during the week.
U.S. equities were up for the week. Bond prices were down for the week. The long term Treasuries fell by 3.4% as the 10 year Treasury rose to 2.74, the highest it has been in nearly two years. 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.
There were no updates for International Leading Indices. The Leading Index for the International Developed Markets (EFA) is at 2.83%. The Leading Index for International Emerging Markets (EEM) is at 4.97%. 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.