TimerTrac Broadcast – Market Timers’ View Amid Covid-19
06/01/2020
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TrendWerk TAAM |
(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)
(April 5, 2020)
Leveraged Momentum adds one new strategy to be tracked called "Leveraged FANG from Leveraged Momentum."
(March 26, 2020)
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Sunday, May 31, 2020 The Australian All Ords share index has consolidated its bullish stance on a short –term basis. Its red 2-week price trend is now clearly above its blue 6-week price trend and its price momentum remains positive. Gold continues to outpace both local industry share sectors and global regional share sectors over a nine-month time frame. The market is bifurcated. The bulls are piling into shares and the bears into gold. It’s rare for both markets to move in tandem, yet they have done so throughout this pandemic. Since March 23rd, the bulls have believed that the pandemic is a short sharp shock from which the economy, companies, and earnings will quickly recover. Bulls see this bear market as being V-shape or at worst U-shaped. Hence their eagerness to buy shares at discounted prices. By contrast, the bears have dumped shares for cash or bought gold which has jumped in price since March 19th. They are skeptical that an effective drug will be discovered, trialed, and distributed for at least 18 months or longer. Hence the share index will resemble a WWW-shape. Or possibly an L-shape if a vaccine is not found or herd immunity proves a fallacy. |
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Tuesday, June 2, 2020 Investors continue to gamble that a vaccine will be developed quickly and that future earnings will be strong due to businesses reopening and the unemployed getting back to work without spiking infections which would require renewed quarantine measures and impair future earnings. Our LevBands strategy sold UPRO recently due to its price falling to its trailing stop price (CYA) and is in cash. When UPRO drops below its lower band then an order will be scheduled the next day to buy UPRO when it rises back to that lower band (buy low). (TimerTrac shows an annualized return of +14.33% for the LevBands strategy since tracking began on 4/27/16). LevCrosses remains in UPRO (TimerTrac shows an annualized return of -12.93% since tracking began on 4/10/18). TQQQTrends remains in TQQQ (TimerTrac shows an annualized return of -8.37% since tracking began on 11/24/18). UPROTrends will sell TMF and buy UPRO when it rises to its buy indicator (buy low; TimerTrac shows an annualized return of -11.78% since tracking began on 3/25/19). LevIndex is invested 25% in UPRO and 75% 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 the 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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