Sunday, April 15, 2012

Charting Last Week (4/9 - 4/13/12)

The Daily Leading Index fell by .07% last week and the Daily Coincident Index was flat.  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.  CPI-U increased by .3% month over month while PPI was flat.  Year over year, the two increased 2.6% and 2.8% respectively.  Weekly Initial Unemployment Claims continued to slowly improve.




Last week, equities continued their two week slide, while bonds rallied.  All four equity groups (SPY, IWM, EFA, and EEM) shown below were in the oversold territory while AGG was in the overbought 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.