Charting Last Week (7/21 - 7/25/14)

The Daily Leading Index rose by 0.12% percentage points to 6.52%. The Daily Coincident Index is at 3.58%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were mixed for the week, with Emerging Markets (EEM) leading the way with a 1.40% gain. Bond prices were mostly up for 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) continued its steady five month decline falling by 0.09% percentage points to 2.45%. The Leading Index for International Emerging Markets (EEM) rose to 4.11%. 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 (7/14 - 7/18/14)

The Daily Leading Index fell by 0.64% percentage points to 6.40%. The Daily Coincident Index fell to 3.58%. The Daily Leading Index page on the tab above is updated daily during the week.

Equity and bond prices were mixed for the week, with real estate REITs (VNQ) leading the way with a 1.35% gain. 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) continued its steady five month decline by falling by 0.06% percentage points to 2.54%. The Leading Index for International Emerging Markets (EEM) rose to 4.03%. 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 (7/7 - 7/11/14)

The Daily Leading Index rose by 0.05% percentage points to 7.02%. The Daily Coincident Index is at 3.62%. The Daily Leading Index page on the tab above is updated daily during the week.

Equity prices were down for the week, led by the Russell 2000 which was down by 4.2%. Bond prices were mostly up for 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 OECD released their Leading Indicators for most major countries on Tuesday. When available, I have averaged the indicators with the Conference Board's Leading indicators to create a composite for each country. The Leading Index for the International Developed Markets (EFA) continued its steady five month decline by falling by 0.28% percentage points to 2.57%. 16 of the 20 countries in the Developed Markets had declining Leading Indices. The Leading Index for International Emerging Markets (EEM) rose to 3.99%. The Leading Indices declined for 4 out of 15 countries in the Emerging Markets. 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 - 7/8/14

The Leading Indicator for International Developed Markets (EFA) slipped to 2.77% and is 0.51% percentage points lower than last month continuing its steady five month slide. The Leading Indicator for International Emerging Markets (EEM) rose to 4.11%.

The OECD released their Leading Indicators for most major countries today. 16 of the 20 countries in the Developed Markets had declining Leading Indices. The Leading Indices declined for 4 out of 15 countries in the Emerging Markets. 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 (6/30 - 7/3/14)

The Daily Leading Index fell by 0.16% percentage points to 6.84%. The Daily Coincident Index rose to 3.62%. The Daily Leading Index page on the tab above is updated daily during the week.

Equity prices were up for the week with the S&P 500 yet again in record territory. Bond prices were down for 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.

There were not any updates to the International Leading Indices during the week. The Leading Index for the International Developed Markets (EFA) is at 2.85%. The Leading Index for International Emerging Markets (EEM) is at 3.85%. 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.