Sunday, May 13, 2012

Charting Last Week (5/7 - 5/11/12)

The Daily Leading Index fell by .08% last week and the Daily Coincident Index was the same. 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. Consumer credit grew faster than expected. Consumer Sentiment continued to improve. PPI fell slightly, however core PPI increased by .2%. Initial Unemployment Claims decreased last week, although they are still higher than last month.
Equities continued their slide. International Emerging Markets led the group below with a 3.36% decline for the week and are now in the oversold territory. 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.