Market Risk Report as of December 18, 2023
From Chief Investment Officer Tom Veale, New records abound. The major stock indexes are setting new high water marks. All but the Energy sector are at or above their 26 Week moving average prices. What’s not to like? All this accumulation pressure for stocks is putting a lot of upward pressure on SignalPoint’s Market Risk […]
Market Risk Report as of December 11, 2023
From Chief Investment Officer Tom Veale, The unfortunate aspect of a rebound like we’ve seen from the late September low is that sometimes it happens too quickly. In this case, the SignalPoint Relative Valuation Index has risen with the Price to Earnings average, moving up to 16.6 this week. This alone isn’t indicative of trouble, […]
Market Risk Report as of December 4, 2023
From Chief Investment Officer Tom Veale, The 50th State Pineapple, Coffee abound. Jet lag is still tough! A bit of R&R did me some good and the stock market seemed to agree. Advances outnumbered declines for the last two weeks and 52 Week New Highs outnumbered New Lows by a nice margin. All this money […]
Market Risk Report as of November 20, 2023
From Chief Investment Officer Tom Veale, Is there reason to “give thanks” this week? If we were invested strictly in the big three indexes, we would say Yes as all three are up nicely from the start of 2023. But, we must remember those three indexes (NYSE, S&P500 and NASDAQ Composite) are all designed as […]
Market Risk Report as of November 13, 2023
From Chief Investment Officer Tom Veale, A two week rally has done the major stock indexes quite a bit of good. However, it doesn’t appear the breadth has reached downward in capitalization to the Small and Mid Cap stocks. Those stocks are still well off their mid-2023 highs. Looking at our Market Risk Indicator we […]
Market Risk Report as of November 6, 2023
From Chief Investment Officer Tom Veale, Last week’s rather dramatic reversal in market index direction surprised many shorter term stock traders. Even as SignalPoint was suggesting the markets were oversold and risk had diminished we didn’t expect the immediate turnaround. Here’s this week’s Market Risk Indicator: There is some data lag involved in the MRI’s […]
Market Risk Report as of October 30, 2023
From Chief Investment Officer Tom Veale, Similar to the leaves this season, stock prices have been falling at a steady pace. What sort of leaf blower do we need to clear away all the mess so far? How many more leaves are there left to litter our portfolios? If we take a look at the […]
Market Risk Report as of October 23, 2023
From Chief Investment Officer Tom Veale, Market Risk and Potential are related. When we last had the SignalPoint Market Risk Indicator at this level (mid-2022) and showing median risk, we then had a recovery in the S&P 500 Index of around 10% through mid-2023. So, risk was modest and returns over around 12 months were […]
Universal Signal
Fact Sheet – Universal Signal – Q3 2023
Stable Income
Fact Sheet – Stable Income – Q3 2023
