TimerTrac Broadcast – Market Timers’ View Amid Covid-19
08/24/2020
(August 21, 2020)
(August 15, 2020)
Teabull Asset Timer Ltd adds three new strategies to be tracked called "Teabull Stock Market, Bond Market, and Gold Market."
(August 3, 2020)
(July 23, 2020)
(July 20, 2020)
TimingPundit ends the tracking of three strategies called "TimingPundit UltraPro Peak Long, L/S, and L/S Leveraged."
(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)
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Sunday, August 23, 2020 For America, the stock market crash is over and it marks the shortest bear market in history. In the first place, the S&P 500 is trading in the upper 90% of its historical valuation levels. Secondly, the S&P 500 trades at the greatest deviation on record from its long-term exponential trend suggesting that it is in an extreme price bubble. Also, the OECD’s leading composite economic indicator to July suggests America is lagging the developed world a whole in its recovery. Finally, company share buybacks this year are expected to be only half what they were last year, yet this is what drove the share rally since 2009. But notwithstanding the high risk posed by the ongoing pandemic, the depressed economy, and a bubble stock exchange, the S&P500 is over its recent flash crash and continues to be bullish. As for Australia, the market remains bullish on a short to medium-term basis. Also, its MACD price momentum remains slightly positive. On a medium to longer-term basis, its green 30-day trend line has almost caught up with its blue 300-day trend line, but its long term red Coppock momentum indicator is still falling and is in negative territory. Hence it remains bearish though is slowly clawing its way back. |
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Sunday, August 23, 2020 The US stock market risk rose to a new medium risk level of 46%. US tech stock risk closed higher at a new medium risk reading of 41%. The global stock risk rating (GSMR) increased to a medium risk reading of 45%. Quick info: The comprehensive and broad global stock risk rating (GSMR) is tracking 101 stock markets of developed and emerging countries (e.g., US stock market). The GSMR consists of eight regional stock risk ratings (e.g., for the US, Canada, and Western Europe). |
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Quantified Market Psychology (QMP) Monday, August 24, 2020 On the 20th of August 2020 the QMP (Quantified Market Psychology)-strategy gave a new signal. This signal was what we call an exception-signal as it evolved a lot faster than usual. The new signal included the following specifications: 1. The QMP-signal distributes its allocations between: - MoneyMarketFund (neutral positioning) - TLT (short positioning) - SPY (long positioning) 2. The actual signal favors "TLT" over "SPY". (The actual percentages are reserved for subscribers of the signal). 3. Because of this signal having the characteristics of being an exception-signal, the actual leverage was reduced to 1.5. 4. From the QMP-analyses of single stocks, it shows that: too low priced have been: MAR, RCL, NLS and too high priced have been: WMT, QLYS, HD, KSS. |
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Monday, August 24, 2020 Investors continue to push the market higher in response to a modest decline in U.S. coronavirus cases and authorization for plasma treatment. Wishes and hopes seem to be offsetting concerns over a reduction in the flow of stimulus. The question remains: How severe does the impact of the pandemic have to be to destroy optimism, impair future earnings, trigger another correction, and renew the recession? Our LevBands strategy sold UPRO recently due to its price falling to its stop price (CYA) and will buy UPRO when it drops below its lower band and then rises back to that lower band (buy low). (TimerTrac shows an annualized return of +18.65% for the LevBands strategy since tracking began on 4/27/16). TQQQTrends remains in TQQQ (TimerTrac shows an annualized return of +28.57% since tracking began on 11/24/18). LevIndex is invested 100% 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. |
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