iM Update – August 6, 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 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:

Fig-2.-8-6-2021 The MAC-US model is invested in the stock market.

 

 

 

 

Fig-2.2-8-6-2021The 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..

 

 

 

Fig-2.3-8-6-2021The Coppock indicator for the S&P500 generated a sell signal end July 2021 and is in cash.   This indicator is described here.

 

 

 

Fig-2.1-8-6-2021 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-8-6-2021 BCIg signals economic recovery.

 

 

 

 

Fig-3.1b-8-6-2021The growth of the American Chemical Council’s Chemical Activity Barometer signals economic recovery

 

 

 

Fig-3.1c-8-6-2021The growth of the Conference Board’s Leading Economic Indicator  signals economic recovery.

 

 

 

Fig-3.2-8-6-2021The 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-3.3-8-6-2021The iM-Low Frequency Timer switched into stocks on 6/15/2020.

A description of this indicator can be found here.

Posted in pmp free update
With reference to Section 202(a)(11)(D) of the Investment Advisers Act: We are Engineers and not Investment Advisers, read more ...
By the mere act of reading this page and navigating this site you acknowledge, agree to, and abide by the Terms of Use / Disclaimer