iM Update – January 14, 2022

 

Market Signals Summary:

The MAC-US, iM-HiLo and theS&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.-1-14-2022 The MAC-US model is invested in the stock market.

 

 

 

 

Fig-2.2-1-14-2022The 3-mo Hi-Lo Index Index of the S&P500 is at +5.89% (last week +6.09%), and is invested in the stock market.

 

 

 

Fig-2.3-1-14-2022The Coppock indicator for the S&P500 generated a buy signal end August 2021 and is invested in stocks.   This indicator is described here.

 

 

 

Fig-2.1-1-14-2022 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-1-14-2022 BCIg signals economic recovery.

 

 

 

 

-1-14-2022The  American Chemical Council has temporally suspended Chemical Activity Barometer.

 

 

 

Fig-3.1c-1-14-2022The growth of the Conference Board’s Leading Economic Indicator  signals economic recovery.

 

 

 

Fig-3.2-1-14-2022The 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-3.3-1-14-2022The 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