Market Risk Report as of July 4, 2022

From Chief Investment Officer Tom Veale,

Well, it wasn’t the best first half for the markets this year.

But, the good news is there is less risk in the market starting the second half as there was at the start of the new year.
There is less downside risk than there was on January 1st, 2022. That equates to better upside potential going forward.
 
We continue to look for opportunities to deploy the reserves of cash where future profits look promising.
 
Happy Independence Day,
Tom Veale

The SignalPoint Market Risk Indicator dropped another point to 27, just one point above its Median value. The MRI Oscillator shows minus 1 indicating only a modest amount of downside risk pressure at this point. Speculation remains bullish, Relative Valuation is just slightly bearish while Divergence and IPO Activity remain neutral.

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