Market Signals Summary:
The MAC-US model, iM-Low Frequency Timer and the “3-mo Hi-Lo Index of the S&P500” are invested in the markets. However, the S&P500 Coppock is out of the markets. The MAC-AU is invested in the markets. The recession indicators COMP and iM-BCIg do not signal a recession. The bond market model avoids high beta (long) bonds, and the yield curve is indeterminate. The
gold Coppock model generated a new buy signal on 3/28/2019 and remains invested in gold, however the silver model is in cash. The iM-Gold Timer is in cash.
The monthly iM-GT-Timer, which is based on Google trends, has switched to cash on November 1, 2018.
Stock-markets:
![Fig-2.-3-29-2019](https://imarketsignals.com/wp-content/uploads/2019/03/Fig-2.-3-29-2019-100x100.png)
The
MAC-US model switched into the markets on 2/26/2019. The sell-spread (red line) now above zero needs to move below zero to generate a sell signal.
![Fig-2.2-3-29-2019](https://imarketsignals.com/wp-content/uploads/2019/03/Fig-2.2-3-29-2019-100x100.png)
The
3-mo Hi-Lo Index of the S&P500 is above last week’s level at 14.66% (last week 13.72%), and is in the market since 2/27/2019.
![Fig-2.3-3-29-2019](https://imarketsignals.com/wp-content/uploads/2019/03/Fig-2.3-3-29-2019-100x100.png)
The Coppock indicator for the S&P500 exited the market on 1/29/2019 and is in cash. This indicator is described
here.
![Fig-2.1-3-29-2019](https://imarketsignals.com/wp-content/uploads/2019/03/Fig-2.1-3-29-2019-100x100.png)
The MAC-AU model is invested in the markets after signaling a a buy on February 7, 2019. The sell-spread (red line) now above zero needs to move below zero to generate a sell signal.
This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.
Recession:
![Fig-3.-3-29-2019](https://imarketsignals.com/wp-content/uploads/2019/03/Fig-3.-3-29-2019-100x100.png)
Figure 3 shows the COMP above last week’s levels . No recession is indicated. COMP can be used for stock market exit timing as discussed in this article
The Use of Recession Indicators in Stock Market Timing.
![Fig-3.1-3-29-2019](https://imarketsignals.com/wp-content/uploads/2019/03/Fig-3.1-3-29-2019-100x100.png)
Figure 3.1 shows the recession indicator iM-BCIg below last week’s level. An imminent recession is not signaled .
Please also refer to the BCI page
![Fig-3.2-3-29-2019](https://imarketsignals.com/wp-content/uploads/2019/03/Fig-3.2-3-29-2019-100x100.png)
The Forward Rate Ratio between the 2-year and 10-year U.S. Treasury yields (FRR2-10) is near last week’s level and is not signaling a recession. The FRR2-10 general trend is downwards.
A description of this indicator can be found here.
![Fig-3.3-3-29-2019](https://imarketsignals.com/wp-content/uploads/2019/03/Fig-3.3-3-29-2019-100x100.png)
The iM-Low Frequency Timer is back in the markets since 1/22/2019.
A description of this indicator can be found here.
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