iM Update – October 15, 2021

 

Market Signals Summary:

The iM-HiLo indicator dropped below the 5%  threshold on 9/30/2021 thus is in cash. However, the MAC-US, the S&P 500 Coppock Indicator and iM-GT Timer remain invested in the stock markets. 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.-10-15-2021 The MAC-US model is invested in the stock market.

 

 

 

 

Fig-2.2-10-15-2021The 3-mo Hi-Lo Index Index of the S&P500 at +2.10% is below last week’s +3.10%, thus exit the stock markets.

 

 

 

Fig-2.3-10-15-2021The Coppock indicator for the S&P500 generated a buy signal end August 2021 and is invested in stocks.   This indicator is described here.

 

 

 

Fig-2.1-10-15-2021 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-10-15-2021 BCIg signals economic recovery.

 

 

 

 

Fig-3.1b-10-15-2021The growth of the American Chemical Council’s Chemical Activity Barometer signals economic recovery

 

 

 

Fig-3.1c-10-15-2021The growth of the Conference Board’s Leading Economic Indicator  signals economic recovery.

 

 

 

Fig-3.2-10-15-2021The Forward Rate Ratio between the 2-year and 10-year U.S. Treasury yields (FRR2-10) is near lastweek’s level.

A description of this indicator can be found here.

 

 

Fig-3.3-10-15-2021The 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