Market Signals Summary:
The MAC US exited the market end April 2022 followed by the iM-GT Timer beginning May 2022. However, the S&P 500 Coppock Indicator and the MAC-AU are invested in the stock markets. The Hi -Lo Index Index of the S&P500 remains in cash. The bond market model avoids high beta (long) bonds. The Gold Coppock is invested in gold, so is the iM-Gold Timer. The Silver Coppock model is also invested in silver.
Stock-markets:
The MAC-US model exited the US stock markets end April 2022.
The 3-mo Hi-Lo Index Index of the S&P500 is at -11.29% (last week -5.19%), and has exited the stock market on 1/20/22.
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 generated a sell signal mid June and is not invested the Australian stock market.
This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.
Recession:
BCIg does not signal a recession.
The growth of the Conference Board’s Leading Economic Indicator does not signal a recession.
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.