Market Risk Report as of October 9, 2023

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.

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