Sunday, August 28, 2016

Charting Last Week (8/22 - 8/26/16)

The Daily Leading Index increased by 0.54% percentage points to 2.50%. The Daily Coincident Index is at 1.93%. The Daily Leading Index page on the tab above is updated daily during the week.
Stock and bond prices were mostly down for the week. The market's expectation of the next rate hike moved from March 2017 to December 2016 after Federal Reserve Chairwoman Janet Yellen said the case for another interest-rate hike has strengthened in a speech at the Jackson Hole Summit. The Fed Funds futures are implying a 63.7% chance of a rate hike by December 2016 up from a 46.2% chance last week according CME Group's FedWatch tool. 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 Indicator for International Developed Markets (EFA) decreased by 0.07% percentage points to 0.45%. The Leading Indicator for International Emerging Markets (EEM) is at 3.80%. 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, August 21, 2016

Charting Last Week (8/15 - 8/19/16)

The Daily Leading Index decreased by 0.08% percentage points to 1.95%. The Daily Coincident Index is at 1.93%. The Daily Leading Index page on the tab above is updated daily during the week.
Yet again, the S&P 500 inched higher this week setting a new record high. The Fed Funds futures are implying a 55.3% chance of a rate hike by March 2017 up from a 51.7% chance last week according CME Group's FedWatch tool. 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 Indicator for International Developed Markets (EFA) decreased by 0.01% percentage points to 0.52%. The Leading Indicator for International Emerging Markets (EEM) is at 3.29%. 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, August 14, 2016

Charting Last Week (8/8 - 8/12/16)

The Daily Leading Index increased by 0.21% percentage points to 2.04%. The Daily Coincident Index is at 1.61%. The Daily Leading Index page on the tab above is updated daily during the week.
The S&P 500 inched higher this week setting a new record high. The Fed Funds futures are implying a 51.7% chance of a rate hike by March 2017 down from a 54.5% chance last week according CME Group's FedWatch tool. 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 Indicator for International Developed Markets (EFA) decreased by 0.07% percentage points to 0.53%. The Leading Indicator for International Emerging Markets (EEM) is at 3.15%. 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, August 7, 2016

Charting Last Week (8/1 - 8/5/16)

The Daily Leading Index decreased by 0.03% percentage points to 1.83%. The Daily Coincident Index is at 1.61%. The Daily Leading Index page on the tab above is updated daily during the week.
Stock prices were mostly up for the week after a stronger than expected employment report. The Fed Funds futures are implying a 54.5% chance of a rate hike by March 2017 up from a 35.3% chance last week according CME Group's FedWatch tool. 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 Indicator for International Developed Markets (EFA) is at 0.60%. The Leading Indicator for International Emerging Markets (EEM) is at 2.95%. 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.