From Chief Investment Officer Tom Veale,
“Vladimir P. seemed to want to add a new event to the Winter Olympics this year. Apparently wanting a metal of his own, he looks to go for the Gold (and whatever else he can grab) in the Ukraine. This has made the stock markets here and abroad rather nervous. We’ll see how this plays out as he Jumps and Spins for a Triple Sokal.
Recent market activity has two of SignalPoint’s MRI components dropping and two rising slightly in risk. The rapid rise from near zero annual interest for the 13 Week Treasury Coupon to this week’s 0.447%/Yr is putting some upward pressure on our Relative Valuation Index. At the same time, our Speculation Index remains very low and bullish. Overall, our MRI is seeing risk fall away slowly.
The SignalPoint Market Risk indicator dropped one point to 34 this week and shows slight downward risk pressure with a -2 MRI Oscillator value”