Market Signals Summary:
Forward simulations show that both the MAC US and MAC AU will exit the market next week. The Hi -Lo Index Index of the S&P500 remains in cash, but the iM-GT Timer, and S&P 500 Coppock Indicator are invested in the stock markets. The bond market model avoids high beta (long) bonds. The Gold Coppock generated a buy signal and 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 is invested in the stock market, but forward simulations show that it will exit the market next week.
The 3-mo Hi-Lo Index Index of the S&P500 is at -3.07% (last week -1.57%), 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 is invested in the Australian stock market since mid July 2020, but forward simulations show that it will exit the market next week.
This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.
Recession:
BCIg signals economic recovery.
The growth of the Conference Board’s Leading Economic Indicator signals economic recovery.
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.