iM Update* – October 27, 2023


Fig-4.-10-27-2023The BVR-model  favors high beta bonds (long-bonds)  and  intermediate duration bonds when the BVR rises. The Bond Value Ratio as shown in Fig 4  is below last week’s value, and according to the model, only when BVR turns upward after having been lower than the lower offset-line should one consider long bonds again.

The Yield Curve:

Fig-5.-10-27-2023 The yield curve model indicates the trend of the 10-year and 2-year Treasuries yield spread. Figure 5 charts (i10 – i2), the yield curve is inverted and is steepening. This model confirms the direction of the BVR.



Fig-6.-10-27-2023The modified Coppock Gold indicator, shown in Fig 6,  generated a buy  signal beginning March 2022 and is invested in gold.

This indicator is described in Is it Time to Buy Gold Again? – Wait for the buy signal ……. 



Fig-6.1a-10-27-2023The iM GOLD-TIMER Rev-1   This model generated a new a buy signal mid August 2021 after being in cash for two weeks and thus invested in gold.





Fig-7.-10-27-2023The modified Coppock Silver indicator shown in Fig 7. A week after exiting silver,  iM-coppock model generated a buy signal end December 2022 and is invested in Silver.

This indicator is described in Silver – Better Than Gold: A Modified Coppock Indicator for Silver.

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