Weekly Risk Report 08/28/2009
Our risk indicator has settled in just below 10th percentile of our database. It is showing a Low Risk reading again this week with Price/Earnings ratio dropping back. The other components changed only slightly from a week ago.
Selling continued this week with Latin America, Health Care and investment grade corporate bonds. No clear pattern of sector rotation has appeared as of yet. With the exception of the long duration government bonds, the SignalPoint portfolio positions remain close to our targeted selling points.
With a month to go, the 3rdquarter has been very good so far. With the major US indices up 13% to 15% since the end of June, profit opportunities have resulted in trimming of certain positions thereby reducing portfolio risk. The SignalPoint team continuously monitors the major business sectors, bond markets and currencies watching for investment and profit potential.
