From Chief Investment Officer Tom Veale,
With recent downward risk pressure coming from lower Price/Earnings, poor investor consensus and money flow indicative of selling bias we are seeing the SignalPoint Market Risk Indicator at the lowest risk level in over a year. Of course this data doesn’t include reaction to the weekend news out of the eastern Mediterranean, so we may see a bumpy start to this week’s markets.
The way we measure money flow of the markets is with our Speculation Index. It, too, is more favorable than in a while.
