TimerTrac Broadcast – Market Timers’ View Amid Covid-19
07/20/2020
|
PhD Smart Investing |
(July 1, 2020)
(June 28, 2020)
The Scary Guy Report ends the tracking of two strategies called "The Scary Guy Report Income Portfolio and S&P 500 Signals."
(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)
|
||
|
Developer Information |
Trade History |
Performance Graph |
|
|
Monday, July 20, 2020 The global gold risk rating (GXAUR) finished unchanged at a low-risk score of 0%. |
|||
|
Monday, July 20, 2020 Investors continue to push the market higher in spite of the spike in coronavirus cases. Wishes and hopes seem to be offsetting concerns over the coronavirus spike in many states and a reduction in the flow of stimulus. The question remains: How high does the spike need to be before the consequences and necessary countermeasures destroy optimism, impair future earnings, trigger another correction, and renew the recession? Our LevBands strategy is in UPRO with an order scheduled to sell when it falls to its stop price (CYA). (TimerTrac shows an annualized return of +17.38% for the LevBands strategy since tracking began on 4/27/16). LevCrosses remains in UPRO (TimerTrac shows an annualized return of -2.11% since tracking began on 4/10/18). TQQQTrends remains in TQQQ (TimerTrac shows an annualized return of +14.76% since tracking began on 11/24/18). LevIndex is invested 25% in UPRO and 75% in EURL (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. |
|||
|
Monday, July 20, 2020 S&P 500 earnings had a sharp drop in the March quarter. Falls were worst in Energy with Industrials, Consumer Discretionary, Financials, and Communications also hard hit. But for the next three-quarters profits are projected to snap back with the December quarter down only 8% in the same quarter last year. By the second half of next year, earnings are expected to be at an all-time high. The NASDAQ 100 index compared with the S&P 500 index has reached a level of exuberance exceeding that of 2000. If the NASDAQ leads the next market downturn, the saving grace for Australia is that less than 4% of its market capitalization comprises tech stocks compared with 27% in America. Here is where the Australian market was at the close of trading last Friday. On a short to medium trends perspective, the market still looks bullish. Its momentum remains negative but less so. On medium to long term trend analysis, the All Ords index is still bearish. Its momentum is still negative and falling. |
|||
|
If you are an active TimerTrac Developer and would like to submit your commentary to our broadcast, send your submissions to [email protected]. 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. |
|||