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 remains in gold but the iM-Gold Timer is in cash after a sell signal beginning August 2021. The Silver Coppock model is also invested in silver.
The Coppock indicator for the S&P500, switched to cash on 7/1/2021
Stock-markets:
The MAC-US model is invested in the stock market.
The 3-mo Hi-Lo Index Index of the S&P500 at +7.00% is below last week’s +7.14%, and is in the market since 11/10/2020..
The Coppock indicator for the S&P500 generated a sell signal end July 2021 and is in cash. This indicator is described here.
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:
BCIg signals economic recovery.
The growth of the American Chemical Council’s Chemical Activity Barometer signals economic recovery
The growth of the Conference Board’s Leading Economic Indicator signals economic recovery.
The 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.
The iM-Low Frequency Timer switched into stocks on 6/15/2020.
A description of this indicator can be found here.