Market Risk Report as of March 27, 2023
From Chief Investment Officer Tom Veale, Even the least humble prognosticators have been confused during the month of March. As we see the end of the 1st quarter of 2023 come to a close we find the Market Risk Indicator essentially unchanged from the end of February and the first of the year. It’s now […]
Market Risk Report as of March 20, 2023
From Chief Investment Officer Tom Veale, Scanning the financial headlines this report must seem pretty boring by comparison. Bank Run Hysterics are blaring on Page One while the bottom of the page is saying there’s also a run on physical gold. It seems there’s no lubrication for the Gut Wrench. This week sees the Market […]
Market Risk Report as of March 13, 2023
From Chief Investment Officer Tom Veale, A haiku came to mind this AM. It so happened to be a title of a book written in the 1800s. “Extraordinary Popular Delusions And The Madness Of Crowds” This graphic seemed to match well: SVB told us a couple of years ago, “It’s Crypto! You can Bank on […]
Market Risk Report as of March 6, 2023
From Chief Investment Officer Tom Veale, The data through last Thursday showed the continuation of short term bearish consensus. Friday’s turn upward conflicted with that. As a result, our Divergence Index rose this week with lots of new 52 week Highs and Lows simultaneously. That, however, was the only MRI component that had a move […]
Market Risk Report as of February 27, 2023
From Chief Investment Officer Tom Veale, It has become very hard to filter weekly economic news from opinion. We, at SignalPoint, attempt to only trade opportunistically over the long term. When market prices and market risk are lower, we are usually in share accumulation mode. The mirror of that is also true as we build […]
Market Risk Report as of February 20, 2023
From Chief Investment Officer Tom Veale, A week on the beach in Nuevo Vallarta did this northerner some good. I manufactured some Vitamin D, practiced my minimal Spanish and body surfed for the first time in years (decades!). My Spanish accent is fading faster than my tan, however. Our MRI rose one point to 31 […]
Market Risk Report as of February 6, 2023
From Chief Investment Officer Tom Veale, If we were to attempt to list the number of news distractions vs the movement of stock prices we might have an interesting indicator. Right now we have spy “weather” balloons, earthquakes, volcanos, Super Bowl, Earth core spin reversal, freezing cold, global warming, etc. But do any of these […]
Market Risk Report as of January 30, 2023
From Chief Investment Officer Tom Veale, Upward speculation risk pressure has been offset by modest declines in valuation risk pressure this week. This has kept the SignalPoint Market Risk Indicator nearly unchanged.
Market Risk Report as of January 23, 2023
From Chief Investment Officer Tom Veale, As we watch the January markets we hear a lot of confusing discussion in the financial news. A haiku came to me: Blabity, Blab, Blab Inflation! Recession! Ugh! Just get back to Work… This week we have two of the Market Risk Indicator components rising in risk profile while […]
Universal Signal
Fact Sheet – Universal Signal – Q4 2022
