TimerTrac Broadcast – Market Timers’ View Amid Covid-19
09/21/2020
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Purvis Investments |
(September 18, 2020)
Two Corner ends the tracking of three strategies called "Two Corner Double Drop, RSI(2) IBS, and Flow Past".
(September 16, 2020)
(September 1, 2020)
(August 31, 2020)
(August 28, 2020)
Michael Hartmann starts tracking with four strategies called "Michael Hartmann Rapid Response-Equity, Rapid Response-Bonds, Daily ETF, and Timed Sectors."
(August 27, 2020)
Pickens Asset Management adds one new strategy to be tracked called "Pickens Asset Management Hybrid."
(August 27, 2020)
Four Seasons Capital Growth ends tracking of one strategy called "Four Seasons 4CSNS2.0."
(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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Developer Information |
Trade History |
Performance Graph |
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Sunday, September 20, 2020 The US stock market risk sunk to a medium risk level of 50%. US tech stock risk closed lower at a medium risk reading of 51%. The global stock risk rating (GSMR) increased to a medium risk reading of 51%. The regional stock risk score for the US, Canada, and Western Europe sunk to a medium reading of 48%. Quick info: Generally, a risk level equal to or above 60% indicates a rather high-risk and unfavorable market environment. 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., US, Canada, and Western Europe). |
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Sunday, September 20, 2020 Australian Market: The Australian share market remains bearish on both short-to-medium-term or medium-to-long-term trend analysis. The All Ords index 10-day trendline remains below its 30-day trendline and its MACD momentum indicator is still negative though slightly less so than last week. The All Ords index 30-day trendline remains below its 300-day trendline and its Coppock momentum indicator remains negative and falling. American Market: Importantly the American S&P500 share index is close to going bearish on short-to-medium term trend analysis. The next week should decide whether it undergoes a “death cross” by its 10-day trendline crossing below its 30-day one. Its MACD momentum is negative and becoming more so in the last two days. The American index’s 30-day trend line still sits comfortably above its 300-day trend line showing that the market's medium-to-long-term direction still remains bullish notwithstanding its recent pullback. Its Coppock momentum oscillator is still strongly positive but flattening. |
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Monday, September 21, 2020 Large-cap indices decrease for the third consecutive week It was just another bad week for major US Stock Indexes mega-cap stocks, but some turned into value and cyclical stocks did confine the markets declines. Both the S&P 500 (-0.6%) and Nasdaq Composite (-0.6%) both dropped 0.6%, and the Dow Jones Industrial Average (-0.03%) completed just under its own flat line. Offsetting these, the Russell 2000 which had been a laggard this year to date rose 2.6%. The week began on a bullish note, the market rebounded from weekly setbacks, but the general weakness started on Wednesday following the FOMC policy meeting decision. The Fed failed to pacify traders. Although, no one could blame the central bank this past Wednesday. Briefly, the Fed kept rates unchanged and indicated they will stay near zero until 2023. We invite you to join our Teabull Free Membership today. As a Teabull Free Member, you will gain access to our award-winning Signals for the major US Stock, Bond, and Gold Miner Indexes! To join Teabull Free please click: Register |
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Monday, September 21, 2020 Investors continue to try to deal with uncertainty. Will the pandemic spike again? When will a vaccine be available? When will the majority of people be vaccinated? Which sectors will recover and which are permanently reduced? How severe does the impact of the pandemic have to be to destroy optimism, impair future earnings, and renew the recession? What will the outcome of the elections be and what impact will it have on the economy and the markets? 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 +18.30% for the LevBands strategy since tracking began on 4/27/16). TQQQTrends remains in TQQQ (TimerTrac shows an annualized return of +35.25% since tracking began on 11/24/18). 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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