Monday, September 1, 2014

Charting Last Week (8/25 - 8/29/14)

The Daily Leading Index increased by 3.78% percentage points to 11.16%. This large increase was mainly due to a record increase in new orders for aircraft. The Daily Coincident Index declined to 3.90%. The Daily Leading Index page on the tab above is updated daily during the week.
Equities continued their four week recovery. The S&P 500 crossed 2000 for the first time. Bond prices were also up 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) declined by 0.18% percentage points to 2.11% continuing its steady six month decline. The Leading Index for International Emerging Markets (EEM) rose to 4.39%. 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.