From Chief Investment Officer Tom Veale,
“A week away from usual reporting, SignalPoint’s Market Risk Indicator is only slightly changed. The upward movement of stock prices relative to good earnings being reported through September, 2021 has raised the average Price for stocks a bit more than the earnings increases themselves. A bit more speculative activity indicates strong cash flow into equities as well. Overall, U.S. Domestic stock indexes rose over the latest two weeks.