Market Risk Report as of September 20, 2021
From Chief Investment Officer Tom Veale, “Watching a stampede from the distance can be thrilling. However, watching it turn toward your location might be a bit unnerving. The ease of which money can flow from one asset class to another is mercurial and slippery for short term investors. Those with a longer time horizon than […]
Market Risk Report as of September 13, 2021
From Chief Investment Officer Tom Veale, “It might seem odd that after a week like last week we’d see the SignalPoint Market Risk Indicator continue its decline. Yet the trading helped to bring down three of the MRI’s components and left the fourth unchanged.
Market Risk Report as of September 6, 2021
From Chief Investment Officer Tom Veale, “The first week of September ended with the major stock indexes mixed. The Dow 30 Industrials closed flat while the S&P 500 and Nasdaq Composite both rose. Market breadth was a bit less robust than previous weeks. Still, we now have all business sectors of the S&P 500 up […]
Market Risk Report as of August 30, 2021
From Chief Investment Officer Tom Veale, “August proved to be a fairly generous month for equity investors overall, as has 2021 year to date. As our Market Risk Indicator shows, the spike in risk seen earlier this year has been moderating through the Summer months. As of this last Friday the S&P 500 Index is […]
Market Risk Report as of August 23, 2021
From Chief Investment Officer Tom Veale, “Sometimes things feel worse than they are. Here’s what last week looked like according to data from Franklin Templeton: With that as a background here’s how the Market Risk Indicator (MRI) looks:
Market Risk Report as of August 16, 2021
From Chief Investment Officer Tom Veale, “As we start the second half of August we find all US major indexes at near highs and up substantially for 2021 Year To Date. Ex U.S. exchanges have also managed double digit gains for the year while Emerging Market are just above break-even. All S&P 500 sectors have […]
Market Risk Report as of August 9, 2021
From Chief Investment Officer Tom Veale, “All major U.S. indexes are showing healthy double digit gains so far in 2021. Even foreign and emerging market indexes are positive at this point. It’s difficult to find reasons not to feel good so far. Our Market Risk Indicator (MRI) shows risk is moderating slowly at this point.
Market Risk Report as of August 2, 2021
From Chief Investment Officer Tom Veale, ““Big Tech” seemed to be the source of some of last week’s index behavior. The NASDAQ Composite, S&P 500 and the Dow 30 all had modest declines while the Russell 2000 rose slightly. So, smaller cap stocks continued their gains as money flowed away from the mega-caps. The SignalPoint […]
Market Risk Report as of July 26, 2021
From Chief Investment Officer Tom Veale, “The time since the start of the Coronavirus wave that swept through most of the continents has felt like an assault on Mount Olympus. A quick check of the Olympic Banners in Tokyo reminds us we lost a year to that virus. They read 2020, not 2021. Looking at […]
Market Risk Report as of July 19, 2021
From Chief Investment Officer Tom Veale, “Looking over last week’s confused activity we see no change in SignalPoint’s Market Risk Indicator. Overall it’s unchanged and still well above its median value.
