Our Thoughts

Signal 10

Fact Sheet – Signal 10 – Q3 2021

Market Risk Report as of November 15, 2021

From Chief Investment Officer Tom Veale, “Last week’s market action was a bit more confused than previous weeks. Market breadth wasn’t as healthy with declining stocks outnumbering advancing ones. Further, the number of new 52 week lows swelled enough to change our Divergence Index from neutral to bearish. It joins our New Issues/IPO and Relative […]

Market Risk Report as of November 8, 2021

From Chief Investment Officer Tom Veale, “Last week’s markets and closes were dramatically optimistic. Continued excellent earnings reports have helped propel the market indexes to a near-unending string of new all time highs. As a counterpoint to all that good feeling news I might suggest the earnings are possibly in a reversion rather than a […]

Market Risk Report as of November 1, 2021

From Chief Investment Officer Tom Veale, “A week away from usual reporting, SignalPoint’s Market Risk Indicator is only slightly changed. The upward movement of stock prices relative to good earnings being reported through September, 2021 has raised the average Price for stocks a bit more than the earnings increases themselves. A bit more speculative activity […]

Market Risk Report as of October 18, 2021

From Chief Investment Officer Tom Veale, “While marginally above its median value the SignalPoint Market Risk Indicator (MRI) has now been steady for several weeks. Considering we are in the period of quarterly earnings reporting this could be an indication investors are reasonably confident of good results.

Market Risk Report as of October 11, 2021

From Chief Investment Officer Tom Veale, “While some days last week were uncomfortable, the week, overall, turned out okay. This summary is courtesy of Franklin – Templeton:

Market Risk Report as of October 4, 2021

Line graph going down with colored bar graphs in the background

From Chief Investment Officer Tom Veale, “The markets seem a bit confused after last week’s trading. Major indexes were off some while equal weight indexes were flattish. The Market Risk Indicator rose slightly as it measures some of that confusion.

Market Risk Report as of September 27, 2021

From Chief Investment Officer Tom Veale, “Some stresses in the market place still remain while some were relieved last week. From Franklin/Templeton newsletter: Our MRI remains at 34 with the MRI Oscillator at “0.” As was shown in the Packers/49ers game last night – “It ain’t over ‘til it’s over!””