iM Update – March 19, 2021

 

Market Signals Summary:

The MAC-US and the 3-mo Hi-Lo are invested in the stock market. The bond market model avoids high beta (long) bonds. The Gold Coppock remains in gold, but the iM-Gold Timer sold gold this week. The Silver Coppock model is also invested in silver.

The Yield Curve steepened strongly this week, and consequently the Bond Value Ratio fell.

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

The TIAA Real Estate Account model reinvested in QREARX on 3/2/2021

Stock-markets:

Fig-2.-3-19-2021 The MAC-US model is invested in the stock market.

 

 

 

Fig-2.2-3-19-2021The 3-mo Hi-Lo Index Index of the S&P500 at +9.54% is above last week’s +9.05%, and is in the market since 11/10/2020..

 

 

Fig-2.3-3-19-2021The 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-2.1-3-19-2021 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Fig-3.1-3-19-2021 BCIg Temporarily withdrawn

 

 

 

Fig-3.2-3-19-2021The Forward Rate Ratio between the 2-year and 10-year U.S. Treasury yields (FRR2-10) is near last week’s level.

A description of this indicator can be found here.

 

Fig-3.3-3-19-2021The iM-Low Frequency Timer switched into stocks on 6/15/2020.

A description of this indicator can be found here.

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