Sunday, April 22, 2012

Charting Last Week (4/16 - 4/20/12)

The Daily Leading Index rose by .15% last week and the Daily Coincident Index fell by 3.23%.  The Daily Leading Index page on the tab above is updated daily during the week.

Below are charts of some of the economic releases from last week.  Housing Permits continued to rise.  The New York and Philadelphia Fed Manufacturing Surveys came in lower but still indicated expansion.  Weekly Initial Unemployment Claims rose slightly.

Both equities and bonds were up last week as equities continued to rally from the oversold territory.  EFA (International Developed Markets) led the group below with a 2.16% gain for the week.  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.
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.