From Chief Investment Officer Tom Veale,
Is it “Too Much, Too Fast” or is it just a market recovery from an over-sold bottom? Here’s how the Signal 10 U.S. Sector ETF strategy looks as of Friday’s close:


The members of our Legislative Branch of the government have passed the Inflation Reduction Act – and here I thought that everything they did was an act. A decade from now will anyone remember it?
Best regards,
Tom Veale
The MRI comes in “up” another point in risk at 28 this week. The MRI Oscillator shows a +7 indicating upward risk pressure on the components with all four rising this week.