iM Update – November 19, 2021

 

Market Signals Summary:

The iM-HiLo indicator rose above the 5%  threshold on 15/11/2021 and is invested in the markets. However, the MAC-US, and the 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:

Fig-2.-11-19-2021 The MAC-US model is invested in the stock market.

 

 

 

 

Fig-2.2-11-19-2021The 3-mo Hi-Lo Index Index of the S&P500 at +6.74% is above last week’s +4.80%, and is invested as of 15/11/2021.

 

 

 

Fig-2.3-11-19-2021The Coppock indicator for the S&P500 generated a buy signal end August 2021 and is invested in stocks.   This indicator is described here.

 

 

 

Fig-2.1-11-19-2021 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-11-19-2021 BCIg signals economic recovery.

 

 

 

 

-11-19-2021The  American Chemical Council has temporally suspended Chemical Activity Barometer.

 

 

 

Fig-3.1c-11-19-2021The growth of the Conference Board’s Leading Economic Indicator  signals economic recovery.

 

 

 

Fig-3.2-11-19-2021The 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-3.3-11-19-2021The iM-Low Frequency Timer switched into stocks on 6/15/2020.

A description of this indicator can be found here.

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