Broadcast as of Tuesday June 4, 2019
Market Timing in Australia
Saturday, June 1, 2019
Australia: The local market fell back a little this week as concerns over a possible US recession worried traders, and the pain was spread across most sectors of the market. It is widely expected that the Reserve Bank will cut interest rates in the coming week, and this prospect
helped cushion the market from steeper falls.
America: The US market shuddered this week as President Trump threatened tariffs against Mexico in order to stem the flow of refugees from South and Central America. Business groups have called on him not to go through with this as it would disrupt supply chains and drive up prices in addition to providing a shock to Mexico's economy. The auto industry has seen substantial layoffs this year, with companies directly blaming tariffs for cost increases. This week's economic reports were mostly in line with expectations, doing little to provide cheer.
Monday, June 3,
Fear of the escalating trade war continues to guide the market rather than any greed being generated by strong earnings and economic data. As David Moenning points out, the market seems to be reacting to news even more than normal so we probably should "panic early or not at all." Our LevBands model (annualized return of 23.64% since began tracking on TimerTrac on 4/27/16) sold UPRO last week due to continued price fluctuations. LevCrosses remains in UPRO (annualized return of 27.78% since began tracking on TimerTrac on 4/9/18). TQQQTrends remains in TQQQ (performance data will be referenced after one year of tracking on TimerTrac which began 11/24/18). UPROTrends also remains in UPRO (performance data will be referenced after one year of tracking on TimerTrac which began 3/25/19). Performance data and charts for the LevBands, LevCrosses, TQQQTrends, and UPROTrends strategies along with the index of your choice (for comparison) can be
obtained on the Graphs page of the TimerTrac site.
* If you are an active TimerTrac Developer and would like to submit your commentary to our broadcast, send your submissions to firstname.lastname@example.org. Please review our broadcast policies before submitting your commentary. *
The TimerTrac Broadcast
is an e-mail broadcast available to the public. Anyone can subscribe or unsubscribe to the TimerTrac Broadcast list at any time, free of charge. A subscription to the TimerTrac Broadcast does not include a subscription to TimerTrac.com. TimerTrac Developers DO NOT see a list of TimerTrac Broadcast subscribers.
*** No News Items This Week ***
(May 24, 2019)
ProfitScore Capital Management, Inc. adds 1 new strategy to be tracked called "ProfitScore Treasury Market Stress" and ends 6 strategies called "ProfitScore EVOL, Extreme, LTSXF, SNCX, T-Bill, and USTX".
(April 27, 2019)
Timer adds two new strategy to be tracked called "BluStarSM and BluStarGold".
(April 19, 2019)
MIPS Timing Systems, LLC adds three new strategy to be tracked called "MIPS Timing System MIPS/Nitro55, MIPS33 and MIPS44".
(March 25, 2019)
Leveraged Momentum adds one new strategy to be tracked called "UPROTrends from Leveraged Momentum".
(March 18, 2019)
Leveraged Momentum ends the tracking of one strategy called "LevTrends".