Sunday, June 28, 2020

Charting Last Week (6/22/20 - 6/26/20)

The North Star GDP Estimate for the first quarter is -7.89% year over year growth (-32.33% QoQ). The North Star GDP Forecast for the second quarter is at -6.79% year over year growth (-23.76% QoQ) up from -7.40% last week. The GDP Forecast page on the tab above is updated periodically during the week.
Stocks were down for the week while bond prices were mostly up as coronavirus cases started to accelerate. 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) is at -8.14%. The Leading Indicator for International Emerging Markets (EEM) decreased by 1.81% percentage points to -8.15%. 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, June 21, 2020

Charting Last Week (6/15/20 - 6/19/20)

The North Star GDP Estimate for the first quarter is -8.55% year over year growth (-34.24% QoQ). The North Star GDP Forecast for the second quarter is at -7.40% year over year growth (-25.74% QoQ) down from -8.29% last week. The GDP Forecast page on the tab above is updated periodically during the week.
Stock and bond prices were up for the week while REITS (VNQ) and Mortgage Backed Securities (MBB) were down slightly. 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 0.51% percentage points to -8.14%. The Leading Indicator for International Emerging Markets (EEM) is at-6.34%. 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, June 14, 2020

Charting Last Week (6/8/20 - 6/12/20)

The North Star GDP Estimate for the first quarter is -9.52% year over year growth (-36.99% QoQ). The North Star GDP Forecast for the second quarter is at -8.29% year over year growth (-28.55% QoQ) down from -8.22% last week. The GDP Forecast page on the tab above is updated periodically during the week.
The S&P 500 (SPY) fell 5.76% on Thursday after a cautions Fed Statement and rising new cases of Coronavirus in many States across America. 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 0.45% percentage points to -7.63%. The Leading Indicator for International Emerging Markets (EEM) is at-5.59%. 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, June 7, 2020

Charting Last Week (6/1/20 - 6/5/20)

The North Star GDP Estimate for the first quarter is -9.31% year over year growth (-36.42% QoQ). The North Star GDP Forecast for the second quarter is at -8.22% year over year growth (-28.35% QoQ) down from -3.89% last week. The GDP Forecast page on the tab above is updated periodically during the week.
It was a good week for stocks. The highlight of the week was the May Employment Situation report which came in much better than expected. Employment increased by 2.5 million vs. -8.5 million consensus. 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 -7.18%. The Leading Indicator for International Emerging Markets (EEM) is at-6.27%. 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.