Market Signals Summary:
Both MAC-US and the 3-mo Hi-Lo Index are invested in the stock market, but simulations show that the 3-mo Hi-Lo index will drop below the 5% threshold in next week. The bond market model avoids high beta (long) bonds, and the yield curve is unchanged.
The Gold Coppock , iM-Gold Timer remain in gold. The Silver Coppock model is also 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:
The MAC-US model is invested in the markets..
The 3-mo Hi-Lo Index Index of the S&P500 at +5.15% is below last week’s +6.3%, and is invested in the market beginning June 2020. Simulations show that the 3-mo Hi-Lo index will drop below the 5% threshold in next week.
The Coppock indicator for the S&P500 entered the market on 5/9/2019 and is invested and generated a new buy signal 8/20/20. This indicator is described here.
The MAC-AU model is invested 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BCIg Temporarily withdrawn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 above 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.
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