Market Signals Summary:
The iM-HiLo dipped under the 5% threshold to 4.94% and is out of the market. However the MAC-US, S&P 500 Coppock Indicator remain invested in the stock markets. However, the iM-GT Timer is out of the market since beginning November 2021. The bond market model avoids high beta (long) bonds. The Gold Coppock is in cash after a sell signal on 9/30/2021, however the iM-Gold Timer remains invested in Gold. The Silver Coppock model is also invested in silver.
Stock-markets:
The MAC-US model is invested in the stock market.
The 3-mo Hi-Lo Index Index of the S&P500 at +4.94% is below last week’s +6.50%, and is in cash a since 12/22/2021.
The Coppock indicator for the S&P500 generated a buy signal end August 2021 and is invested in stocks. 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 American Chemical Council has temporally suspended Chemical Activity Barometer.
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.