From Chief Investment Officer Tom Veale,
“While the SignalPoint Market Risk Indicator didn’t rise this week one key component, Relative Valuation, did. Rising market prices without rising income tends to push this key risk measure upward. Here’s how the MRI looks for November 21st, 2022.

Enjoy your Thanksgiving Holiday,
Tom Veale
The Relative Valuation Index remains in its cautionary range along with our Divergence Index this week. The Speculation Index is borderline proactive right now. The New Issues Index is neutral. Overall, the Market Risk Indicator is unchanged at 32 with an MRI Oscillator of +4 showing mild upward risk pressure.”