Charting Last Week (8/19 - 8/23/13)

The Daily Leading Index rose by 0.21% percentage points to 7.75%. The Daily Coincident Index is at 3.06%. The Daily Leading Index page on the tab above is updated daily during the week.

U.S. equities and bond prices rebounded last week after almost all asset classes were in the oversold territory to begin the week. The charts below show the normal trading ranges for various indices for the last six months. 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 the International Developed Markets (EFA) remained at 2.99% as strength in Germany offset weakness in Australia. The Leading Index for International Emerging Markets (EEM) declined to 4.37%. The Leading Index for the Developed Markets has been trending up this year while Index the Emerging Markets has been weak and is down for the year. 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.

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 (8/12 - 8/16/13)

The Daily Leading Index fell by 0.58% percentage points to 7.54%. The Daily Coincident Index is at 3.06%. The Daily Leading Index page on the tab above is updated daily during the week.

Both equities and bond prices traded down last week. The charts below show the normal trading ranges for various indices for the last six months. 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 the International Developed Markets (EFA) declined to 2.99% after drops in the Leading Indices for Spain, Japan, and France. The Leading Index for International Emerging Markets (EEM) declined to 4.40% with a drop in South Korea's Leading Index. The Leading Index for the Developed Markets has been trending up this year while Index the Emerging Markets has been weak and is down for the year. 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.

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 (8/5 - 8/9/13)

The Daily Leading Index rose by 0.26% percentage points to 8.12%. The Daily Coincident Index is at 2.56%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were mostly down for the week while bond prices were mostly up. The charts below show the normal trading ranges for various indices for the last six months. 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 the International Developed Markets (EFA) declined to 3.16%.   The Leading Index for International Emerging Markets (EEM) declined to 4.56%. The Leading Index for the Developed Markets has been trending up this year while Index the Emerging Markets has been weak and is down for the year. 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.

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 - 8/8/13

The Leading Indicator for International Developed Markets (EFA) rose to 3.21% and is 0.42% percentage points higher than last month. The Leading Indicator for International Emerging Markets (EEM) dropped to 4.56%.

 The OECD released their Leading Indicators for most major countries today. When available, 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 last chart below, you can click on the blue and red buttons to see the Leading Indicator growth rate and an ETF for various countries.

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 (7/29 - 8/2/13)

The Daily Leading Index rose by 0.14% percentage points to 7.86%. The Daily Coincident Index is at 2.56%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were mostly up for the week while bond prices were mostly down. The S&P 500 finally broke 1700 mark and closed the week at 1709.67. The charts below show the normal trading ranges for various indices for the last six months. 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 no updates for International Leading Indices. The Leading Index for the International Developed Markets (EFA) is at 3.21%. The Leading Index for International Emerging Markets (EEM) is at 4.75%. 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.

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.