Global Signal
Fact Sheet – Global Signal – Q3 2022
Signal 10
Fact Sheet – Signal 10 – Q3 2022
Market Report as of October 17, 2022
From Chief Investment Officer Tom Veale, “The skirmishes we’ve been seeing between Bulls and Bears continued last week. At this point there is no clear winner, just ongoing daily battles. Our Market Risk Indicator (MRI) remained steady through all the events. An unusual event occurred with all four MRI components remaining essentially unchanged for the […]
Market Report as of October 10, 2022
From Chief Investment Officer Tom Veale, “Another week of apparent chaos on the trading floor has passed – but maybe it was just more sorting out. Advancing stocks actually outnumbered decliners by a substantial margin. An anemic number of new 52 week highs suggests we still don’t have much speculation – an opinion confirmed by […]
Market Report as of October 3, 2022
From Chief Investment Officer Tom Veale, “The financial press is all a-buzz with talk of people “getting liquid” in their investment portfolios. SignalPoint’s contrary policy has it working to absorb more share inventory as prices decline. Across nearly all classes of assets there have been regular buy signals being triggered. Our Market Risk Indicator has […]
Market Report as of September 26, 2022
From Chief Investment Officer Tom Veale, “ It’s not often we see the Advance/Decline weekly numbers as dismal as we had at last Friday’s close. On the NYSE we saw declining stocks outnumber advancers by 4:1 and on the NASDAQ Comp by almost 5:1. Further, new 52 Week Highs were outnumbered by New Lows by […]
Market Report as of September 20, 2022
From Chief Investment Officer Tom Veale, “It would appear from our Divergence Index that market participants are mostly in agreement about the market’s near-term direction. This short-term indicator shows a number a bit below its median value. We’re watching it as history shows it is somewhat fickle in its measure and changes quickly. (see attached […]
Market Risk Report as of September 12, 2022
From Chief Investment Officer Tom Veale, “Is the market in a “bottoming” process or is it just hesitating before a September – October plunge? Our SignalPoint Market Risk Indicator (MRI) shows three components easing in their evaluation of market conditions with one remaining unchanged. Overall, the MRI is in its neutral range and not too […]
Market Risk Report as of September 6, 2022
From Chief Investment Officer Tom Veale, August closed out with the S&P 500 Index down over 4%. The good news is our various portfolio strategies did better than that for the month. Still, it’s never pleasant to see a minus sign in front of monthly, quarterly or annual results. Along with the decline in the […]
Market Risk Report as of August 29, 2022
From Chief Investment Officer Tom Veale, There can be two ways to view last Friday’s close. 1) The Dow was off more than 1000 points! 2) The Dow dropped about 3% on Friday. While both are correct, there is greater ‘headline’ effect with #1. Neither are great news. However, Mr. Powell’s comments have long been […]
