The Daily Leading
Index fell by .15% last week and the Daily Coincident Index decreased by
.05%. 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.
Nonfarm Payroll Employment came in weaker than expected with an increase
of 120,000 jobs. PMI rose at a faster
rate, while growth in NMI slowed. Weekly
Initial Unemployment Claims continued to slowly improve.
The S&P 500 and
bonds both fell for the week. However
bonds started to rally in the last few days.
On the international side, the developed markets (EFA) crossed over to
the oversold level. Below are six month
charts of all four indices. 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.
