Sunday, April 29, 2012

Charting Last Week (4/23 - 4/27/12)

The Daily Leading Index fell by .78% last week and the Daily Coincident Index stayed at 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.  All four indicators charted below show some deterioration in conditions led by New Orders for Durable Goods which fell by 4.2% in March compared to February. 

Both equities and bonds were up last week as equities continued to rally from the oversold territory.  Small cap stocks led the group below with a 2.71% 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.