Charting Last Week (6/23 - 6/27/14)

The Daily Leading Index rose by 0.13% percentage points to 7.01%. The Daily Coincident Index rose to 3.50%. The Daily Leading Index page on the tab above is updated daily during the week.

Equity prices were mixed up for the week. Bond prices were mostly up for the week, led by Long-Term Treasuries which were up 1.3% 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) continued its steady four month decline by falling by 0.16% percentage points to 2.85% due to slowing growth in the Euro Area. The Leading Index for International Emerging Markets (EEM) fell to 3.85%. 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.

Charting Last Week (6/16 - 6/20/14)

The Daily Leading Index fell by 0.34% percentage points to 6.88%. The Daily Coincident Index rose to 3.47%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were mostly up for the week. Bond prices were mixed for the week. The S&P 500 closed at another all-time high. 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 by 0.01% percentage points to 3.01%. The Leading Index for International Emerging Markets (EEM) rose to 4.08%. 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.

Charting Last Week (6/9 - 6/13/14)

The Daily Leading Index rose by 0.10% percentage points to 7.21%. The Daily Coincident Index is at 3.23%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were mostly down for the week. Bond prices were mixed 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 by 0.43% percentage points to 3.00%. The Leading Index for International Emerging Markets (EEM) rose to 4.00%. The OECD released their Leading Indicators for most major countries last week. 13 of the 20 countries in the Developed Markets had declining Leading Indices. The Leading Indices declined for 9 out of 15 countries in the Emerging Markets. Japan's Leading Index fell below 0% for the first time since April 2013. 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.

International Leading Indicators - 6/10/14

The Leading Indicator for International Developed Markets (EFA) fell to 3.28% and is 0.43% percentage points lower than last month continuing its gradual four month slide. The Leading Indicator for International Emerging Markets (EEM) fell to 3.81%.

The OECD released their Leading Indicators for most major countries on Tuesday this week. 13 of the 20 countries in the Developed Markets had declining Leading Indices. The Leading Indices declined for 9 out of 15 countries in the Emerging Markets. 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.

Charting Last Week (6/2 - 6/6/14)

The Daily Leading Index rose by 0.58% percentage points to 7.12%. The Daily Coincident Index rose to 3.23%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities posted gains for the week. The S&P 500 closed at another all-time high and is within striking distance of 2000. Bond prices were mostly 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.

There were not any updates to the International Leading Indices during the week. The Leading Index for the International Developed Markets (EFA) is at 3.43%. The Leading Index for International Emerging Markets (EEM) is at 3.84%. 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.

Charting Last Week (5/27 - 5/30/14)

The Daily Leading Index fell by 0.24% percentage points to 6.53%. The Daily Coincident Index rose to 3.22%. The Daily Leading Index page on the tab above is updated daily during the week.

Both Equity and Bond prices were up for the week. The S&P 500 closed at another all-time high. All asset classes are now up year over year. Long Term Treasuries (TLT) had started off the year down 13% year over year. 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 by 0.24% percentage points to 3.43% due to a continued weakening in the Euro Area. The Leading Index for International Emerging Markets (EEM) rose to 3.84%. 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.