Our Thoughts

Market Risk Report as of August 21, 2023

From Chief Investment Officer Tom Veale, Settling back from its cautious territory this week, the Market Risk Indicator is responding to drops in all the major indexes. One of its components was unchanged while the remaining three dropped in their own risk ranges. Currently the average dividend of the Value Line 1700 Stock Index is […]

Market Risk Report as of August 16, 2023

From Chief Investment Officer Tom Veale, Two components of SignalPoint’s Market Risk Indicator (MRI) are cautionary this week. Both the Relative Valuation and Divergence Indexes are showing signs of market stress. These components are indicating a need to consolidate the gains seen so far in 2023. Our Speculation Index sits above its median value but […]

Market Risk Report as of August 7, 2023

From Chief Investment Officer Tom Veale, The trend toward increasing market risk continued thru the end of last week. SignalPoint’s Market Risk Indicator (MRI) rose enough to move it up a point as the markets stalled. While still below our Caution threshold it did move in that direction. This could be just investor fatigue and […]

Market Risk Report as of July 31, 2023

From Chief Investment Officer Tom Veale, While not yet at the Caution threshold, the MRI shows a slight upward slope the last few weeks. This has been from modest increases in Speculation, Relative Valuation and Divergence happening together. Considering how nicely the big stock indexes have been doing, it’s surprising the MRI hasn’t risen faster. […]

Market Risk Report as of July 24, 2023

From Chief Investment Officer Tom Veale, If we were to compare the daily weather reports to the daily stock market indexes we’d think there is more to worry about with the weather. While SignalPoint’s Market Risk Indicator isn’t particularly worrisome at this point, it isn’t as relaxed as a summer picnic, either. Most of the […]

Signal 10

Fact Sheet – Signal 10 – Q2 2023

Market Risk Report as of July 17, 2023

From Chief Investment Officer Tom Veale, The markets had another good week last week and managed to do so without pushing our Market Risk Indicator any higher. It remains unchanged from the previous week. Two risk components rose and two fell in profile giving a balanced review from the markets. The 13 Week Treasury is […]