The Daily Leading Index declined by 0.13% to 5.12%. The Daily Coincident Index rose by 0.56% to 3.54%, which is a 15 month high. The
Daily Leading Index page on the tab above is updated daily during the week.
Equities ended the week with a strong rally on Friday just like they did last Friday. 3 of the 4 equity indices show below are at or close to being in the overbought territory. SPY (S&P 500) is now within 2% of its all time high. 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.
