iM Update – July 23, 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 as is the the iM-Gold Timer after a buy signal on 4/5/2021. The Silver Coppock model is also invested in silver.

The Coppock indicator for the S&P500, switched to cash on 7/1/2021


Fig-2.-7-30-2021 The MAC-US model is invested in the stock market.





Fig-2.2-7-30-2021The 3-mo Hi-Lo Index Index of the S&P500 at +7.14% is above last week’s +6.94%, and is in the market since 11/10/2020..




Fig-2.3-7-30-2021The Coppock indicator for the S&P500 generated a sell signal end July 2021 and is in cash.   This indicator is described here.




Fig-2.1-7-30-2021 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.




Fig-3.1a-7-30-2021 BCIg signals economic recovery.





Fig-3.1b-7-30-2021The growth of the American Chemical Council’s Chemical Activity Barometer signals economic recovery




Fig-3.1c-7-30-2021The growth of the Conference Board’s Leading Economic Indicator  signals economic recovery.




Fig-3.2-7-30-2021The 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-3.3-7-30-2021The iM-Low Frequency Timer switched into stocks on 6/15/2020.

A description of this indicator can be found here.

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