Charting Last Week (2/19 - 2/22/13)

The Daily Leading Index declined by 0.04% percentage points to 5.77%. The Daily Coincident Index remained at 4.93%. The Daily Leading Index page on the tab above is updated daily during the week. U.S. equities were down for the week while bond prices were 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 Index for International Developed Markets (EFA) remained at .10%. The Leading Indices for Australia and Germany improved while the Leading Index for France declined. The Leading Index for International Emerging Markets (EEM) declined to 5.19% after China's Leading Index slowed slightly. 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.

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.

Charting Last Week (2/11 - 2/15/13)

The Daily Leading Index rose by 0.59% percentage points to 5.81%. This is the highest level the index has been at since the end of last September. The Daily Coincident Index rose to 4.93%. The Daily Leading Index page on the tab above is updated daily during the week. U.S. Equities posted a gain for the week with the S&P500 (SPY) recording new record highs. Bond prices were 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.

The Leading Index for International Developed Markets (EFA) rose to .10% after the Leading Indices for Japan and Spain improved. The Leading Index for International Emerging Markets (EEM) was flat at 5.20% despite a small gain for South Korea. 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.

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.

International Leading Indicators - 2/11/13

The Leading Indicator for International Developed Markets (EFA) rose month over month by 0.38% percentage points to 0.02% compared to last month. The Leading Indicator for International Emerging Markets (EEM) rose month over month by 0.07% percentage points to 5.20% compared to last month.

The OECD released their Leading Indicators for most major countries today. I have averaged the indicators with the Conference Board's Leading indicators to create a composite for each country. I created Leading Indicators for International Developed Markets (EFA) and International Emerging Markets (EEM) by weighting each country's growth rate by the market share of each country's stocks in the respective funds. On the first 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.

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.

Charting Last Week (2/4 - 2/8/13)

The Daily Leading Index rose by 0.15% percentage points to 5.22%. The Daily Coincident Index remained unchanged at 4.83%. The Daily Leading Index page on the tab above is updated daily during the week.

U.S. Equities posted a small gain for the week. The S&P500 (SPY) closed out the week in record territory. International Equities were down for the week. Bond prices were 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.

There were not any updates to the Leading Index for International Developed Markets (EFA) which is at 0.05% nor International Emerging Markets (EEM) which is at 4.96%. 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.

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.

Charting Last Week (1/28 - 2/1/13)

The Daily Leading Index rose by 1.11% percentage points to 5.06%. The biggest factor in the increase was manufacturers' new orders of durable goods, which rose by 4.7% in December and was the second largest monthly increase in 2012. The Daily Coincident Index surged to 4.83%. The increase was mostly due to businesses paying out special dividends and bonuses, etc. before the tax cuts expired. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were up for the week. The S&P500 (SPY) closed out the week in record territory. Bonds were down for the week. Long term treasuries (TLT) are now down year over year. TLT rose over 57% from February 2011 to July 2012. They are now down almost 12% from July. The yield on the 10 year treasuries is over 2% for the first time since April 2012. 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 Index for International Developed Markets (EFA) rose to .05% after Australia's Leading Index improved to 0.59% from 0.26% where it was mid January. The Leading Index for International Emerging Markets (EEM) increased to 4.96% after an increase in Taiwan's Leading Index. 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.

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.