The Daily Leading Index rose by .08% to 5.15%. The index has stayed in a narrow range for eight weeks now. The Daily Coincident Index was flat at 3.54%.
The Daily Leading Index page on the tab above is updated daily during the week.
Equities were up for the week while bonds were down. The equity indices are near the overbought territory, while the bond indices are near the oversold territory. SPY (S&P 500) is now within 1% 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.
