Market Signals Summary:
The the 3-mo Hi-Lo Index of the S&P 500 exited in the markets on December 18, 2024. The S&P 500 Coppock Indicator, MAC-US and the iM-Google Trend are disinvested from the markets, whereas the CAPE-Cycle-ID, whereas is invested. The BCIg does not signal a recession as does the growth of the Conference Board’s Leading Economic Indicator. The Forward Rate Ratio between the 2 and 10 is no longer inverted and the curve is steepening. The iM-Gold Coppock is in cash however the iM-Gold Timer is invested in gold. The iM-Silver Coppock is invested in silver.
Stock-markets:
The MAC-US model is in cash since end April 2025,
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The 3-mo Hi-Lo Index Index of the S&P500 is at 3.7% (last week -0.2%) and exited the markets Decemeber 18, 2024.
The Coppock indicator for the S&P500 invested the the US stock markets mid August 2024. This indicator is described here.
The MAC-AU model is dis-invested from the Australian stock market sine end April 2025.
This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.
Recession:
BCIg is not signaling 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 no longer inverted and the curve is steepening.
A description of this indicator can be found here.
The iM-Low Frequency Timer switched to bonds on 9/26/2022.
A description of this indicator can be found here.