Market Signals Summary:
The iM-Google Trend, the MAC-US, the 3-Month Hi-Lo Index Index, S&P 500 Coppock Indicator, CAPE-Cycle-ID are invested in the stock markets. 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 Timer is invested in gold. The iM-Gold Coppock and the iM-Silver Coppock are in cash.
Stock-markets:
The MAC-US model is invested since mid June 2025,
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The 3-mo Hi-Lo Index Index of the S&P500 is at 9.59% (last week 9.47%) and is invested in the markets..
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, yet
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.
