Market Signals Summary:
Both MAC-US and the 3-mo Hi-Lo Index are invested in the stock market. The bond market model avoids high beta (long) bonds, and the yield curve is steepening generatin a buy STPP this week.
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 switched back into the markets..
The 3-mo Hi-Lo Index Index of the S&P500 at +8.77% is below last week’s +9.59%, 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 and generated a new buy signal 8/20/20. 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BCIg Temporarily withdrawn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 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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