iM Update – August 27, 2021

 

Market Signals Summary:

The MAC-US, 3-mo Hi-Lo, and iM-GT Timer, are invested in the stock market. The bond market model avoids high beta (long) bonds. The Gold Coppock and the iM-Gold Timer are invested in Gold. The Silver Coppock model is also invested in silver.

The Coppock indicator for the S&P500 switched to stocks on 8/25/2021

Stock-markets:

Fig-2.-8-27-2021 The MAC-US model is invested in the stock market.

 

 

 

 

Fig-2.2-8-27-2021The 3-mo Hi-Lo Index Index of the S&P500 at +8.18% is above last week’s +7.84%, and is in the market since 11/10/2020.

 

 

 

Fig-2.3-8-27-2021The Coppock indicator for the S&P500 generated a buysignal end August 2021 and is invested in stocks.   This indicator is described here.

 

 

 

Fig-2.1-8-27-2021 The MAC-AU model is invested in the Australian stock market since mid July 2020.

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

 

Recession:

 

Fig-3.1a-8-27-2021 BCIg signals economic recovery.

 

 

 

 

Fig-3.1b-8-27-2021The growth of the American Chemical Council’s Chemical Activity Barometer signals economic recovery

 

 

 

Fig-3.1c-8-27-2021The growth of the Conference Board’s Leading Economic Indicator  signals economic recovery.

 

 

 

Fig-3.2-8-27-2021The Forward Rate Ratio between the 2-year and 10-year U.S. Treasury yields (FRR2-10) is below last week’s level.

A description of this indicator can be found here.

 

 

Fig-3.3-8-27-2021The iM-Low Frequency Timer switched into stocks on 6/15/2020.

A description of this indicator can be found here.

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