TimerTrac Broadcast – Market Timers’ View Amid Covid-19
06/15/2020
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Volatimer |
(June 9, 2020)
Drawbridge Strategies starts tracking with one strategy called "Drawbridge Balanced."
(June 4, 2020)
(May 12, 2020)
Charles Capital LLC ends the tracking of four strategies called "Charles Capital Mega, High, Moderate, and Conservative Growth" and adds one new strategy to be tracked called "Charles Capital Leveraged Nasdaq."
(May 11, 2020)
Lighthouse Financial starts tracking with two strategies called "Lighthouse QQQ and Portfolio Protection Strategy CS."
(May 7, 2020)
ProfitScore Capital Management, Inc. ends the tracking of three strategies called "ProfitScore - ETMS, RDEX, and THS."
(April 28, 2020)
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Developer Information |
Trade History |
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Sunday, June 14, 2020 The Global US Dollar Risk Rating (GUSDR) remained at a high-risk level. The GUSDR finished higher at 73% (last week: 69%). The comprehensive and broad global US Dollar risk score is tracking a basket of 14 main US Dollar cross rates (e.g., EUR/USD). Quick info: Generally, a risk level equal to or above 60% is indicating a rather high-risk and unfavorable market environment. |
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Tuesday, June 16, 2020 Investors seem to be less certain that future earnings will be strong due to businesses reopening, the unemployed getting back to work, and a vaccine being developed that will allow both of those to continue. The reduction in the Fed's stimulus dollars flowing into the market is also contributing to uncertainty and volatility. If infections spike again then renewed quarantine measures may become necessary which would impair future earnings and trigger another correction. Our LevBands strategy bought UPRO recently when it dropped below its lower band and then rose back up to that level at least one day later (buy low). An order is scheduled to sell when it falls to its trailing stop price (CYA). (TimerTrac shows an annualized return of +16.69% for the LevBands strategy since tracking began on 4/27/16). LevCrosses remains in UPRO (TimerTrac shows an annualized return of -5.17% since tracking began on 4/10/18). TQQQTrends remains in TQQQ (TimerTrac shows an annualized return of -0.07% since tracking began on 11/24/18). LevIndex is invested 75% in UPRO and 25% in TMF (performance data will be referenced 15 days after one year of tracking on TimerTrac which began 9/16/19). Leveraged FANG (FNGUTrends) is in FNGU (performance data will be referenced 15 days after one year of tracking on TimerTrac which began 4/7/20). Performance data and charts for each of these strategies along with the index of your choice (for comparison) can be obtained on the Graphs page of the TimerTrac site |
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Sunday, June 14, 2020 Since the market last dipped in April the bulls have been in charge. But last week the bears fought back. America’s S&P500 index dropped by 7.1 % between Monday and Thursday though clawed back 1.3% on Friday. The All Ords index fell in sympathy by 4.9% over Thursday and Friday. On a long-term analysis, the US market is sending mixed signals. The S&P 500 share index’s red 6-week trend line overtook its 60-week trend line in the week ending June 5th suggesting it has gone bullish, but its Coppock momentum oscillator is still falling suggesting the bear market is still not over. In Australia’s case, the bear market is still intact on both long -term trend and momentum analysis. |
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