Market Signals Summary:
Both MAC-US and the 3-mo Hi-Lo Index have switched back into the market. The bond market model avoids high beta (long) bonds, and the yield curve is steepening. The Gold Coppock remains in gold but the iM-Gold Timer is in cash. The Silver Coppock model generated a buy this week.
The iM-GT Timer, based on Google Search Trends volume is invested in the the markets since 7/1/2020.
Stock-markets:
The MAC-US model switched back into the markets..
The 3-mo Hi-Lo Index Index of the S&P500 at +8.5% is above last week’s +4.06%, and switched back into the market beginning June 2020
The Coppock indicator for the S&P500 entered the market on 5/9/2019 and is invested. This indicator is described here.
The MAC-AU model is inveted in the markets since mid July 2020.
This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.
Recession:
BCIg Temporarily withdrawn
The Forward Rate Ratio between the 2-year and 10-year U.S. Treasury yields (FRR2-10) is near last week’s level.
A description of this indicator can be found here.
The iM-Low Frequency Timer switched into the markets on 6/15/2020.
A description of this indicator can be found here.
Leave a Reply
You must be logged in to post a comment.