Market Risk Report as of May 3, 2021
From Chief Investment Officer Tom Veale, “One of the wonders of the financial world is Compound Interest. Investors loan money to financial institutions, corporations and governments based upon this true wonder. Normally Supply and Demand for credit creates the boundaries of what is offered and received regarding Interest rates for Compounding. For much of […]
Market Risk Report as of April 26, 2021
From Chief Investment Officer Tom Veale, “The SignalPoint Market Risk Indicator (MRI) has flattened out and held steady at 46 for three weeks. The MRI Oscillator has hovered as well and comes in at +1 this week showing little pressure on the risk shown. Again this week we find two of the MRI’s components (Relative […]
Market Risk Report as of April 19, 2021
From Chief Investment Officer Tom Veale, “No change is seen this week in SinglePoint’s Market Risk Indicator (MRI) keeping it at 46 with a minus 1 MRI Oscillator reading. Two MRI components rose slightly while two declined modestly with last week’s trading. Two remain bearish while two are now neutral in their own ranges. The […]
Market Risk Report as of April 12, 2021
From Chief Investment Officer Tom Veale, In recent weeks we have seen the SinglePoint Market Risk Indicator (MRI) level off after climbing most of 2021 so far. This week the MRI remains bearish for the 38th week but declines one point to 46. The MRI Oscillator comes in at minus 1, indicating only slight downward […]
Market Risk Report as of April 4, 2021
From Chief Investment Officer Tom Veale, “There are times when it’s just hard to explain what is happening in the markets. Measure as we can, our various scales do not seem to always identify whether we are seeing storm clouds or just another typical day. I am hoping the book I have just started (“Extraordinary […]
Market Risk Report as of March 29, 2021
From Chief Investment Officer Tom Veale, “Last week’s trading saw greater confusion than we’ve seen in a while. Declining issues outpaced advancing ones on both the NYSE and NASDAQ exchanges. 52 Week New Lows rose significantly while New Highs stayed high as well. SinglePoint’s Speculation Index declined some but is still bearish. Our Divergence Index […]
Market Risk Report as of March 22, 2021
From Chief Investment Officer Tom Veale, “There aren’t a lot of ways to put a positive spin on SignalPoint’s Market Risk Indicator being bearish for 35 weeks straight. How about this? In just 17 more weeks it will have been bearish a whole year! The MRI comes in at 46 this week, up a point […]
Market Risk Report as of March 15, 2021
From Chief Investment Officer Tom Veale, “SignalPoint’s Market Risk Indicator (MRI) dropped a point this week to 45. The MRI Oscillator dropped to negative 3 as well, indicating reduced risk pressure. Only one of the MRI components rose in its own risk range while two declined and one remained unchanged. Overall, three remain bearish with […]
Market Risk Report as of March 8, 2021
From Chief Investment Officer Tom Veale, “The only hold-out of our Market Risk Indicator, the Divergence Index, has fallen in with the others in giving a bearish signal. We have been watching weekly stock advances vs declines and felt the Divergence Index rising in risk profile, but it took last week’s trading to push it […]
Market Risk Report as of March 1, 2021
From Chief Investment Officer Tom Veale, “This week’s report follows up on seeing a deterioration in market breadth as declining stocks outpaced advancers by over 2:1. Further the number of New 52 Week Lows increased rapidly in last week’s trading. This moved our Divergence Index high into its neutral range from its previously bullish stance. […]
