From Chief Investment Officer Tom Veale,
Well, it wasn’t the best first half for the markets this year.
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.