Sunday, January 31, 2021

Charting Last Week (1/25/21 - 1/29/21)

The North Star GDP Estimate for the third quarter is -2.81% year over year growth (23.9% QoQ). The North Star GDP Forecast for the fourth quarter is at -1.98% year over year growth (2.77% QoQ) down from -0.81% last week. The GDP Forecast page on the tab above is updated periodically during the week.
It was a wild week in the stock market as GameStop and other heavily shorted stocks are facing a massive short squeeze. Many hedge funds are being forced to sell their long stock positions to cover their shorts putting downward pressure on stock prices. 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 -0.58%. The Leading Indicator for International Emerging Markets (EEM) increased by 0.75% percentage points to 9.39%. 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.

Sunday, January 24, 2021

Charting Last Week (1/19/21 - 1/22/21)

The North Star GDP Estimate for the third quarter is -1.16% year over year growth (25.09% QoQ). The North Star GDP Forecast for the fourth quarter is at -0.81% year over year growth (4.78% QoQ) down from -0.77% last week. The GDP Forecast page on the tab above is updated periodically during the week.
Stock and bond prices were mostly up 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.
The Leading Indicator for International Developed Markets (EFA) increased by 0.13% percentage points to -0.58%. The Leading Indicator for International Emerging Markets (EEM) is at 8.65%. 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, January 17, 2021

Charting Last Week (1/11/21 - 1/15/21)

The North Star GDP Estimate for the third quarter is -1.10% year over year growth (225.26% QoQ). The North Star GDP Forecast for the fourth quarter is at -0.77% year over year growth (4.76% QoQ) up from -2.05% last week. The GDP Forecast page on the tab above is updated periodically during the week.
Stock prices were mixed for the week while bond prices were up. 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) increased by 1.17% percentage points to -0.71%. The Leading Indicator for International Emerging Markets (EEM) is at 8.47%. 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, January 10, 2021

Charting Last Week (1/4/21 - 1/8/21)

The North Star GDP Estimate for the third quarter is -2.89% year over year growth (28.20% QoQ). The North Star GDP Forecast for the fourth quarter is at -2.05% year over year growth (2.51% QoQ) down from -1.21% last week. The GDP Forecast page on the tab above is updated periodically during the week.
Stock prices were up for the while bond prices were mostly down 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.
There were not any updates to the International Leading Indices during the week. The Leading Indicator for International Developed Markets (EFA) is at -1.87%. The Leading Indicator for International Emerging Markets (EEM) is at 7.77%. 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, January 3, 2021

Charting Last Week (12/28/20 - 12/31/20)

The North Star GDP Estimate for the third quarter is -2.47% year over year growth (19.41% QoQ). The North Star GDP Forecast for the fourth quarter is at -1.21% year over year growth (2.17% QoQ) down from 0.61% last week. The GDP Forecast page on the tab above is updated periodically during the week.
The market ended the year on a positive note and stock and bond prices were both up 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.
The Leading Indicator for International Developed Markets (EFA) is at -1.87%. The Leading Indicator for International Emerging Markets (EEM) increased by 0.26% percentage points to 7.77%. 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.