iM Update – July 10, 2020

 

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 is invested in silver.

The iM-GT Timer, based on Google Search Trends volume is invested in the the markets since 7/1/2020.

Stock-markets:

Fig-2.-7-10-2020 The MAC-US model switched back into the markets..

 

 

 

Fig-2.2-7-10-2020The 3-mo Hi-Lo Index Index of the S&P500 at +7.70% is above last week’s +7.36%, and switched back into the market beginning June 2020

 

 

 

Fig-2.3-7-10-2020The Coppock indicator for the S&P500 entered  the market on 5/9/2019 and is invested.   This indicator is described here.

 

 

 

Fig-2.1-7-10-2020 The MAC-AU model switch out of the markets on 3/27/2020. The buy-spread (green line) is rising is just below the zero line and will signal a buy on Monday 7/13/2020.

This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.

 

Recession:

 

Fig-3.1-7-10-2020 BCIg Temporarily withdrawn

 

 

 

Fig-3.2-7-10-2020The Forward Rate Ratio between the 2-year and 10-year U.S. Treasury yields (FRR2-10) is above last week’s level.

A description of this indicator can be found here.

 

Fig-3.3-7-10-2020The iM-Low Frequency Timer switched into the markets on 6/15/2020.

A description of this indicator can be found here.

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