iM Update – October 16, 2020

 

Market Signals Summary:

The MAC-US is invested in the stock market, also the 3-mo Hi-Lo index is again invested in the stock market. The bond market model avoids high beta (long) bonds.

The Gold Coppock and the iM-Gold Timer remain in gold. The Silver Coppock model is also invested in silver.

The iM-GT Timer, based on Google Search Trends volume is invested in the stock market since 7/1/2020.

Stock-markets:

Fig-2.-10-16-2020 The MAC-US model is invested in the stock market.

 

 

 

Fig-2.2-10-16-2020The 3-mo Hi-Lo Index Index of the S&P500 at +5.98% is above  last week’s +4.89%, and is invested in the stock market.

 

 

Fig-2.3-10-16-2020The Coppock indicator for the S&P500 entered  the market on 5/9/2019 and is invested and generated a new buy signal on 8/20/20.   This indicator is described here.

 

 

 

Fig-2.1-10-16-2020 The MAC-AU model is invested in the Australian stock market since mid July 2020.

This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.

 

Recession:

 

Fig-3.1-10-16-2020 BCIg Temporarily withdrawn

 

 

 

Fig-3.2-10-16-2020The Forward Rate Ratio between the 2-year and 10-year U.S. Treasury yields (FRR2-10) is above last week’s level.

A description of this indicator can be found here.

 

Fig-3.3-10-16-2020The iM-Low Frequency Timer switched into stocks on 6/15/2020.

A description of this indicator can be found here.

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